A Bitcoin Startup Entreprneur’s Meditations on Bitcoin Related Stuffs, Market Analysis, Mining, Adoption etc
I get used to killing my leisure time with my phone, despite I am familiar with Jack Ma, but I can always obtain some new thoughts and insights when reading about the articles about him every time, so does this time. While I was watching the video How foreigners see Jack Ma, it occurred to me that something must be written.
It’s known to us all that the price of Bitcoin drops endlessly, which drives people crazy. Or we can say Bitcoin has ushered its winter. The following content can well account for that
（一）Various pessimistic remarks on bitcoin emerge one after another, almost all chatting APP/softwares like QQ and Wechat talk little about bitcoin
（二）Mining rigs sales more difficult, fewer and fewer new miners. Even mining difficulty shows a decline, which is the first time in the history of Bitcoin.
（三）Lots of exchanges shut down. Meanwhile, many bitcoin startups is about to fall through or in the dissolution of the edges.
（四）No new face when gathering in a party
（五）The price of bitcoin has no abitily to bounce back despite the bad news on bitcoin proved to be a rumor
（六）News media almost have no interests in bitcoin, no one is willing to report bitcoin related news, such as “Microsoft accepts Bitcoin payment”
（七）Insiders have begun to gradually shake, choosing to shift their attention and funds to other areas.
Are you beginning to doubt the future of Bitcoin?
Do you now feel more comfortable to hold fiat currency?
Have U lost your interests in what you are doing?
I believe many people are unable to directly answer these questions, including myself.Although I have been holding a large number of Bitcoins, and have engaged myself in this industry for almost a whole year, I still have to admit that I wavered, and I even discussed with my partners whether we should choose doing something else. When I see Ma’s persistence and enthusiasm on his cause from the video, I was deeply shocked, and at the same time, I cannot help but to think what’s my original intention of joining this industry.
Earlier this year, I wrote an article "A few thoughts on the DAC system ", in which article, I roughly described what's on my mind and then I went to Shenzhen, set up the team, founded RockMiner company. Now, one year passed, I have a deeper understanding of this industry. Although temporarily lost has shaken my confidence of this industry, the fortunate thing is that I wake up early, hereby I'm writing this article, to give some encouragement to both the bitcoiners and my team members.
Can u still remember why we feel Bitcoin is an awesome technology?
The best answer is that bitcoin can make a person on the way to fame and fortune. Nowadays, lots of people are ordinary ones, they have no family background, no rights and no good luck, they have to rely on themselves. But the the resources of the world are very limited, and they are earlier occupied firmly, as a ordinary person, you can imagine how hard it would be if you want to get a cup of soup. Some ancient areas such as real estate, energy, communications have already been impossible for you to change your life, but computer and Internet can make it.