
Produced | Odaily (ID: o-daily)
Produced | Odaily (ID: o-daily)
"2019 Big Brother Talk" is a blockchain interview column launched by Odaily. We interviewed more than 50 blockchain industry leaders, and compiled the essence of the interviews into a series of articles.
In 2018, as a blockchain industry media, Odaily not only accompanied the blockchain industry from zero to one, but also witnessed the bursting of the bubble of irrational prosperity. Some people lament that this short but wonderful fragment of the era can no longer be copied.
Therefore, we hope to record the real voices of those who have experienced the industry and pioneers, and guide the way forward for the explorers and watchers of the industry.
"2019 Big Brother Talk" is a blockchain interview column launched by Odaily. We interviewed more than 50 blockchain industry leaders, and compiled the essence of the interviews into a series of articles.
People sometimes can't help but wonder, why is the "3 o'clock sleepless blockchain" community so popular all of a sudden? It’s not just hot, it’s also crazy. Tens of thousands of people have been forked in a month, and the “big bosses” in the group have spent more than one million yuan in red envelopes in 7 days. Idol stars such as Tong Liya, Huang Xiaoming, Gao Xiaosong, etc. have joined the group took a look.
The madness began with a WeChat group organized by Yuhong to discuss and learn blockchain. At first, a large number of people came from the Internet. At that time, the popularity of the Internet was getting weaker and weaker, but the blockchain and Bitcoin suddenly appeared and skyrocketed, attracting a large number of capital attention. This makes those who have been keeping an eye on the investment outlets anxious. They often say "I missed the Internet outlet, and I don't want to miss the blockchain again." Immediately afterwards, anxiety contagious and gave birth to countless people who are obsessed with blockchain and currency investment.
secondary title
A little tidbit before the wonderful text
How did you react when those stars entered the group?
Meng Yan: When Huang Xiaoming joined the group, I thought, "Hey, why is Huang Jiaozhu joining in the fun?" But I think "Huang Jiaozhu" probably doesn't have time.
Cui Tingting: When Gao Xiaosong joined the group, I was like a nympho, "Wow, celebrities are also here to engage in blockchain!"
How much money did you get in red envelopes at most one night at three o'clock?
Wu You: Like two or three thousand.
Yuhong: I didn't grab many, but 680,000 red envelopes were distributed in the past year.
What is the happiest and craziest thing in the three o'clock community?
Cui Tingting: Watching the gods fight
Meng Yan: As soon as we had a discussion, within 10 minutes, some media started to make a summary, saying who said what, and the "learning materials" were overwhelming. I thought it was amazing.
Yuhong: It means that the daily rotating group owners will invite big names to share, no matter whether their views are right or wrong, the atmosphere is very happy.
Wu You: Yu Zheng is here, he is more fun, and he has brought various stars (Lin Yun, Zhang Yuqi) into the group.
How much do you think Bitcoin will rise in the next round of bull market?
Wu You: About 60,000 US dollars.
Meng Yan: As for how high Bitcoin can rise, I think its market value will return to its application value, and it will no longer have such a large speculative attribute. This is because in the past, buying coins was actually doing long, and the market lacked derivatives and short-selling methods. Now various platforms are launching contract transactions one after another. When the price of Bitcoin starts to exceed a reasonable range, there will be a large number of short sellers in the market, and this value discovery mechanism will not allow Bitcoin to rise too far.
Yuhong: It is estimated that there will be a bull market in 2021, and Bitcoin is conservatively estimated to be more than 50,000 US dollars.
Have you bought coins on the top of the mountain?
Yuhong: Ethereum 9000 admission;
Cui Tingting: Most of them are bought from the top of the mountain;
Feng Jun: The altcoins participating in the investment are basically all the top of the mountain;
secondary title
The interview is as follows
"Meng Yan
Meng Yan
Vice President of CSDN, Freelance Researcher

Q: What is the opportunity for you to enter the three o'clock community?
Meng Yan: Cai Wensheng pulled me in when he was a rotating host, and it didn't take long for the group to be full. Since I am a diver in the group, in order to give others a chance to learn, I quit the group, but was pulled back after a while.
Q: What topics were discussed in the community at three o'clock?
Meng Yan: There are two types, one is learning, the rotating group leader brings in various experts to discuss various issues every day, and discusses the significance and value of blockchain from different perspectives; the other is discussing investment concepts, discussing the future five Years, ten years or even fifteen years of blockchain development. The three o'clock community was relatively hot during the Spring Festival, and it became quiet when everyone went back to work. However, the three o'clock community has actually been alive for a long time. Until June and July, people still check in there every morning.
Q: What is your biggest feeling about the three o'clock community?
Meng Yan: I think it's quite strange. Since 2015, I have been studying the token economy, which was a very small thing before. In 2018, because of the fiery market, Mr. Xu Xiaoping and the three o'clock community, the venture capital circle and the public began to set off a blockchain boom, and everyone was communicating and exchanging. I suddenly felt that my research on this thing was my guess and my bet.
Q: How would you rate the three o'clock community?
Meng Yan: I think this group is a miracle in this industry. I didn't expect there to be such a game. When it was the most popular, many groups were forked and copied at three o'clock, and the rule of "daily rotating group leader" was created. In addition, many media followed up and reported at all times, and organized large-scale group discussions and learning, creating a community that everyone wants Knowing the situation of the blockchain, I am quite impressed. At that time, everyone was still guessing who the group leader was, but later found out it was Yuhong.
Q: After this year, how has your understanding of blockchain changed?
secondary title
"The currency circle has changed from bull to bear, and many people have come and gone"
Yuhong
Initiator of the blockchain "Three O'clock Community" and the initiator of the blockchain XMX project

Q: What is the opportunity to build a group at three o'clock?
Yuhong: At the end of 2017 when the blockchain was popular, I was still a novice and didn’t know much about it, so I wanted to create a group of novices so that more ordinary people could learn about the blockchain.
Question: What do you think is the craziest thing after the establishment of the three o'clock community?
Yuhong: In one month, tens of thousands of three o'clock fork groups have been established, each with hundreds of people. There are three o'clock communities everywhere in the world.
Q: Who do you think impressed you the most?
Yuhong: Chen Weixing and Wang Feng, Chen Weixing is particularly good at fighting people, and Wang Feng is still working tirelessly in this industry.
Q: What role do you play in the process of spreading the blockchain in the whole three o'clock community?
Yuhong: Organizer and guide. In this process, I guide and organize those who know the blockchain and those who want to know, and of course I am also learning in this process.
Q: What do you think of the change from being a sought-after blockchain evangelist to being questioned about "cutting leeks"?
Yuhong: It’s okay to be questioned. Evangelism is preaching, and projects are projects. These are two different things. I think that as long as you do something, you will be questioned. Whether it is right or wrong, there will always be some people who think you are doing well, and there will always be many people who think you are doing badly. This is not important.
There are a lot of negative news about me on the Internet. I am relatively calm. I can only say that I have tried my best, but I cannot say that I am satisfied.
Q: Looking back on this year, what do you think of blockchain?
secondary title
"Blockchain needs regular army entry"
Wu You
Founding Partner of Mirror Lake Capital

Q: What is the opportunity for you to enter the three o'clock community?
Wu You: Those who scan the code to enter the group should be the top 20 people in the group. Yuhong and I have known each other for many years, and I never expected it to be so big.
Q: Whose perspective impressed you the most?
Wu You: Zeng Ming has a very good saying. At that time, many people asked, Professor Zeng Ming, have you bought coins? When did you buy it? How much did you buy? The professor answered in eight words: not too much, not too little, not too early, not too late. Don't you think the professor is very powerful and intelligent?
Q: What do you think is the significance of what everyone discussed at that time to value investing?
Wu You: Four words, meaningless.
Q: It is said that Xue Manzi suggested Wang Feng and Cai Wensheng to All in the blockchain, and you also bought 400 bitcoins and 3000 ethers on the same day under his advice. Have you sold these coins?
Wu You: Definitely not sold, never sold, even Ethereum has been exchanged for Bitcoin. If Bitcoin is gone, the industry will be gone.
Q: What do you think is the impact of the three o'clock community on the blockchain?
Wu You: It is to let more traditional enterprises enter the blockchain. Today, these children are messing around with the blockchain. In the future, the regular army must do it. The blockchain needs the regular army to enter the market, just like Taobao needed a big brand like Uniqlo to enter the market. This is the biggest contribution at three o'clock, from attention to entry. But this year, these people were also hurt.
Q: After one year, what would you like to tell everyone?
secondary title
"The three o'clock community makes the blockchain bubble bigger to a certain extent, and the bear market is worse and longer"
Feng Jun
Former Coin World Partner
Q: Who had the most interesting point of view in the three o'clock community at that time?
Feng Jun: Chen Weixing, because he talked more about the chaos of blockchain investment. How to better avoid these chaos and establish reasonable rules is very necessary at present.
Q: What significance did the content discussed in the group have for value investing?
Feng Jun: It doesn’t make sense at the moment. The currency market is in full swing, and there are no survivors. Except for Bitcoin, most of the others are empty projects. No matter what investment logic, they cannot escape the fate of being cut off.
Q: What impact did the form of Q&A at three o'clock have on blockchain media?
Feng Jun: The format of the three o'clock question and answer is not the first, and it has been used in financial media before. Of course, three o'clock also added fuel to the already hot blockchain, driving a large number of media professionals to enter this industry, deriving and incubating a large number of media.
Q: From the perspective of a blockchain media person, what impact has the three o'clock community had on the blockchain?
Feng Jun: The three o'clock community has made the blockchain bubble bigger and the bear market worse and longer to a certain extent. During the Spring Festival, the bull market was already over, and the blockchain began to enter its own replacement cycle, but objectively, the three o’clock community attracted many people who did not know and did not understand the industry to join in. Many projects began to issue coins after the Spring Festival. Many retail investors started to buy coins, but almost all of them were caught.
Q: Looking back on this year, what would you like to say?
secondary title
"Most of those who clamor for value investing are also for 'cutting leeks'"
Cui Tingting
Co-founder of Node Finance

Q: Who had the most interesting point of view in the three o'clock community at that time?
Cui Tingting: Xue Manzi, he said that "everyone has a chance to make a BAT", and he was quite encouraged at the time.
Q: What significance did the content discussed in the group have for value investing?
Cui Tingting: Most of those who clamor about value investing are not out of sincerity, but for "cutting leeks".
Q: What impact did the form of question and answer at three o'clock have on the media in the block?
Cui Tingting: One is that the remarks of these "big guys" at the time can always set off a climax, and it is quite popular to invite them to share in the community; the other is that there are really too few people who understand the blockchain at that time, and these "big guys" are also needed. The third is that guests can quickly spread to many WeChat groups while sharing, and at the same time, newsletters and manuscripts are sent out in real time, which is very efficient.
Q: From the perspective of a blockchain media person, what impact has the three o'clock community had on the blockchain?
Cui Tingting: Speed up the pace. One is that there are too many competing products at once, and we have to rush to grab the topic, and the other is that the "sleepless blockchain" promoted at three o'clock has really affected many media people. I personally have to live in the company from time to time for several months, and sometimes I find that I haven’t eaten breakfast at night, and I have been overworked and fat.
Q: Looking back on this year, what would you like to say?
Cui Tingting: The blockchain technology itself is good, but it has been messed up by people who are eager for quick success. Many people who don't understand at all, people who seem to understand but don't understand, don't care if people who understand or don't understand mix together. In fact, it was not the day when it was supposed to erupt, the fire was not ready, and everyone's frenzy was too early, or it shouldn't be so frenzied and frightening.
(Authors: Qin Xiaofeng, Wu Yan, Huang Xuejiao, focusing on mining and blockchain reports, you can add WeChat Pnjun0811, BIG-BYE, hxjiapg for communication, please note the position and reason)