Recently, the hottest topic in the crypto market has been the synchronized rise of BCH and ZEC. Many retail investors are dazzled and keep asking me if a new bull market is coming and if these two coins are about to skyrocket. I have to tell everyone the truth: don’t overthink it. This is not a sign of a bull market; frankly, it’s just a marketing tactic by mining companies to promote their new mining rig Z15 pro. As someone who has been closely observing the mining industry for a long time, I am very familiar with this routine. Today, I will reveal the business logic behind it.
First, a basic fact: BCH and ZEC are both mining coins, and both can be mined with a certain leading mining company's equipment. How do mining companies make money? Mainly in two ways: one is from mining itself, and the other is from selling mining rigs—the latter being the real cash cow. How can new mining rigs be sold effectively? It’s simply by making the corresponding coin’s market look particularly attractive. When the coin price rises, mining profits increase, and mine operators naturally have the motivation to purchase new equipment. It’s like a fishhook seller hyping up the pond, making you think that buying a fishing rod will lead to big profits—when in fact, it’s all just to sell more fishing rods.
Looking back at history, it becomes clear. Every time a mining company releases a new mining rig, the corresponding coin’s market is usually pumped beforehand. The last time a new mining rig was launched, BCH doubled in price, but once the rigs were nearly sold out, BCH dropped over 60% from its peak, and many retail investors who followed the trend got caught. Now, with the launch of Z15 pro, the same trick is being repeated, and BCH and ZEC are being pushed up again. This is within my expectations and nothing surprising.
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NotAFinancialAdvice
· 14h ago
It's the same old trick, I've seen through it long ago. The last BCH drop was hilarious, retail investors are still dreaming.
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Mining companies only play this hand; when the price is pushed up, retail investors go crazy, and as soon as the machines sell out, it plunges.
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That analogy of selling fishing rods is perfect; it describes these people now.
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History repeats itself, brother. It's always the same tricks, and people always fall for them.
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Z15 pro? It just irritates me; they're about to start the harvest again, right?
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When BCH doubled, I knew what was coming next. Now it looks like ZEC is also repeating the same script.
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That's why I never chase after trending topics; every pumped coin has a story.
View OriginalReply0
NFTHoarder
· 14h ago
Here comes this set again? I'm already tired of it. How many times have mining companies played the game of pumping the market and selling machines?
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The fishhook theory is too perfect haha. This time, they want to cut a wave of leeks again.
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A 60% drop... People who got scammed last time are probably thinking about it again now.
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Z15 pro is just a new disguise; the story is still the same old story.
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Retail investors who chase the high will never learn; it's a cycle of history.
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Just watch the show; anyway, there's no bottom-fishing in this game.
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Mining companies: Look how tempting this coin is, buy my machines quickly... Retail investors follow the trend instantly.
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It's always like this. When the coin price rises, it's to sell mining machines; when it falls, it's to prepare for the next rise.
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People who understand the game know how it works.
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Waiting to see the subsequent decline; feels like this time will be even more brutal.
View OriginalReply0
GasBankrupter
· 14h ago
Coming back with this again? Last time BCH doubled, I got caught, but this time I learned my lesson.
How many times have mining companies played this trick? Retail investors are still buying the dip.
Z15 pro drops right after selling coins. Remember this pattern, everyone.
To put it simply, it's a game between the leek farmers and the scythe. I’m just watching now, not acting.
View OriginalReply0
AirdropHermit
· 14h ago
Here we go again? I lost money last time BCH doubled, but this time I’ve learned to be smarter
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Mining company tricks are truly unbeatable, the fishhook theory is spot on haha
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Waiting to see the drama of Z15 pro selling out and the coin price dropping, history repeats itself
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Retail investors are the happiest when prices are pumped, and the most miserable when trapped, cycle repeats
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Honestly, I’ve been numb to these marketing tactics in the crypto world for a long time
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So now buying BCH just makes you a bag holder? Feels like I’ve been treated like a pig
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It’s always the same, when the coin price rises, everyone talks about a bull market; when it falls, no one says a word
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The core way mining companies make money is by selling mining machines; whether the coin price goes up or down doesn’t matter to them
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Forget it, I’ll just sit back and watch the show this time, no more muddy waters
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Why does someone always fall for it? Can it really be that fake?
Recently, the hottest topic in the crypto market has been the synchronized rise of BCH and ZEC. Many retail investors are dazzled and keep asking me if a new bull market is coming and if these two coins are about to skyrocket. I have to tell everyone the truth: don’t overthink it. This is not a sign of a bull market; frankly, it’s just a marketing tactic by mining companies to promote their new mining rig Z15 pro. As someone who has been closely observing the mining industry for a long time, I am very familiar with this routine. Today, I will reveal the business logic behind it.
First, a basic fact: BCH and ZEC are both mining coins, and both can be mined with a certain leading mining company's equipment. How do mining companies make money? Mainly in two ways: one is from mining itself, and the other is from selling mining rigs—the latter being the real cash cow. How can new mining rigs be sold effectively? It’s simply by making the corresponding coin’s market look particularly attractive. When the coin price rises, mining profits increase, and mine operators naturally have the motivation to purchase new equipment. It’s like a fishhook seller hyping up the pond, making you think that buying a fishing rod will lead to big profits—when in fact, it’s all just to sell more fishing rods.
Looking back at history, it becomes clear. Every time a mining company releases a new mining rig, the corresponding coin’s market is usually pumped beforehand. The last time a new mining rig was launched, BCH doubled in price, but once the rigs were nearly sold out, BCH dropped over 60% from its peak, and many retail investors who followed the trend got caught. Now, with the launch of Z15 pro, the same trick is being repeated, and BCH and ZEC are being pushed up again. This is within my expectations and nothing surprising.