Recently, I’ve been analyzing the pool data of several blockchain games again, and it feels like the routines are all pretty similar: daily output is very impressive, but inflation is even more so… Basically, they keep printing tokens for everyone to mine, which looks lively in the short term, but the real buying volume in the pool can’t keep up, and eventually it’s just a matter of everyone taking turns to buy in. Especially those that promote “payback period” as a selling point—once fewer new players join, the output continues, but prices collapse, and the pool collapses very quickly.

These past couple of days, I’ve also heard rumors about increased taxes and tighter/looser compliance in certain regions. As deposit and withdrawal expectations change, people are less willing to lock in long-term in the game. When emotions tighten, they run first, and the rest are just kept alive by subsidies. Anyway, I’m now taking screenshots of “high output” first… not to show off, but to compare in a couple of weeks to see if I’ve been fooled again. That’s all for now.