Ethereum falls below $3000, and Bitmine's unrealized paper loss has exceeded $3 billion. Despite the grim numbers, industry insiders don't seem to be too worried.



The chairman of Bitmine recently shared his views in an interview. He believes that the cryptocurrency and AI industries are still in the early stages of exponential growth. In other words, the current correction is actually a good buying opportunity.

What is the core idea behind this logic? Simply put — market volatility is normal, and the long-term upward trend remains unchanged. In his view, such declines are just natural adjustments for industries in a long-term growth phase, and smart investors should increase their positions at this time.

This perspective reflects confidence in the long-term prospects of cryptocurrencies. Regardless of short-term price fluctuations, many industry insiders are betting on the future growth potential of the entire ecosystem.
ETH3.69%
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SchrodingerProfitvip
· 12-16 09:04
Not afraid of a 3 billion unrealized loss, such confidence... Why can't I stay so calm?
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TokenDustCollectorvip
· 12-16 08:58
3 billion unrealized losses are spoken of so lightly, I just smile... If I really believed this logic, I would have been financially free long ago.
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PoetryOnChainvip
· 12-16 08:57
$3 billion unrealized losses still calm, this mindset is truly strong. --- Here comes the "buying opportunity" again, tired of hearing this. --- Exponential growth? I just want to ask when will I break even. --- The chairman is so optimistic, why not invest some real money? --- Confidence is fine, but don't gamble our money on long-term bets. --- Wait, isn't this logic just the套路 that the market makers often use? --- Losing money and still adding positions, that's truly a kind of practice. --- Anyway, I don't have that much idle cash to wait for its "initial stage." --- Sounds good, but it's actually self-soothing + trying to attract others to buy in. --- Can't even hold onto $3000, how can there be talk of future growth?
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RugResistantvip
· 12-16 08:52
30 billion unrealized losses... Chairman, why are you still talking about exponential growth? It sounds a bit familiar to me.
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LiquiditySurfervip
· 12-16 08:47
Still talking about exponential growth with 3 billion floating loss, really daring to say that.
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GasFeeCryvip
· 12-16 08:46
30 billion unrealized losses and still talking about buying opportunities, I've heard this excuse too many times haha
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tx_pending_forevervip
· 12-16 08:44
Still talking about 3 billion floating losses, really daring
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