2026-01-09 22:26:26

The crypto space in its current mature stage feels increasingly underwhelming. Bitcoin climbed to become the world's fifth-largest asset, yet the days of retail fortunes from major coins are long gone. You're not getting wealthy on blue chips anymore—that ship has sailed.

What's more troubling is the creative stagnation. Over two years without any genuinely novel mechanics in the space. The last time something quasi-interesting emerged was ERC-404, and even that amounted to nothing more than two existing ponzi concepts stitched together. No real innovation, just recycled formulas.

The barrier to entry keeps rising while the upside keeps shrinking. It's less a frontier and more a mature market now.

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BlindBoxVictim

· 01-12 04:02

Well... that hits home. The scene really isn't interesting anymore. This is the fate of a mature market; the early frenzy can't be recreated. Two years without new innovations, everything like 404 is just cobbled together, really exhausting. The entry barriers are getting higher and higher, while the returns are getting lower and lower. It's so ironic. It's less of a frontier and more like an upgraded version of harvesting leek crops.

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CryptoGoldmine

· 01-10 19:50

Innovation is indeed slowing down, but the opportunities for bottom-up positioning are actually emerging. Looking at the growth curve of the computing power network, the current difficulty adjustment cycle is at a relatively low level. --- The secondary market dividends are gone, but if we shift to the infrastructure layer, ROI becomes more interesting. --- Blue-chip weakness is a fact; the key is whether you chase high or wait for the difficulty adjustment cycle. Recently, I’ve been focusing on the computing power yield ratio rather than blindly pursuing scale. --- That’s a tough truth. But from a technological iteration perspective, the next round of innovation may be in the infrastructure layer rather than the application layer. Entering now is not too late. --- It’s indeed boring to have no new developments in two years, but this is also the best time to clear out retail investors and for elites to enter. --- The longer investment return cycle is real, but risks in mature markets are more controllable. Compared to the huge losses during the wild growth period, data is at least more transparent. --- Exactly, zero-sum games are becoming more obvious. The era of relying on chasing hot spots to get rich quick is over. --- The argument is not without reason, but a careful look at the difficulty adjustment data of the past three months shows that some subtle WeChat accounts are worth paying attention to.

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MoonBoi42

· 01-09 22:54

NGL, the crypto world is like this. When Bitcoin rises to the fifth largest asset, it still relies on new retail investors to buy in. This game has long ceased to be ours.

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ConsensusBot

· 01-09 22:51

Honestly, the crypto world is just a retirement home now, not interesting.

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AirdropHunter007

· 01-09 22:41

Honestly, the crypto world is now just a retirement scheme with nothing new to play. Daring to boast about something like ERC-404? It's just two scams combined. The barriers are getting higher, but the returns are getting lower. Is this still considered frontier...? Laughs

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