Tell me about the closure of Jian Shubei Market

Notice: In view of the original centralized model of the Bei market, it will lead to the continuous expansion of third-party capital pools. After careful evaluation, the cooperation with Bei Market will expire on September 30, 2020, and Bei Market will no longer provide trading services.

What does this mean?

This means that Bei Zaili no longer has a formal trading market.

But this does not mean that Bei cannot be traded from now on. In the future, there are only two ways to trade shells: one is the regular FTN trading market, and the other is the "shell island" active in FTN.

It’s a good deal, but it’s not for everyone.

Compared with the multi-billion FTN currency market, it is estimated that no one is interested in buying and selling FTN coins below 100,000, which has brought a practical problem that is difficult to realize for a large number of small and medium-sized retail investors.

If it cannot be cashed out, a lot of shellfish in your hand will be just a bunch of useless numbers.

If you are trading on "Shell Island", although there is currently no handling fee, no one can guarantee the security.

This is a trading place voluntarily organized by Jianyou. There is no supervision and no legal protection. No one can protect you if you are cheated. Moreover, the transaction process is lengthy, which increases the uncertainty risk in the entire transaction process.

You may sell the shells but not get the money, you may also pay the money but not receive the shells.

Whether Benen can be regarded as a commodity in the legal sense is still unknown. After losing the official trading venue, no one can arbitrate all transaction disputes that occur.

In other words, after the official closure of shellfish trading venues, for the vast majority of shellfish holders, they are just leeks waiting to be harvested.

Because the shells in your hands are either difficult to trade and rot in your hands, or they are worthless and sold at a low price.

It is said that there is also a "shell bank" where you can store the shells in your hand. In the long run, this is no different than dying in your own hands. Because the so-called "waiting for appreciation" is completely deceptive nonsense.

Bei has been falling almost all the way since it was listed for trading. Every rebound in the middle is a relay of the decline. The so-called waiting means that the Bei in your hand continues to depreciate.

How far can shellfish prices fall? No one can explain it clearly. There are only four words to describe it - bottomless.

In fact, selling virtual shells to people inside is already harvesting leeks. Later, they collected fees through the shell transaction and harvested again. Now they come home with a full load and leave.

Those who can make a lot of money by playing with concepts are just some of them.

Some people comfort themselves by saying that this is an upgrade of the shell market. This is either ignorance or ignorance. There is not a single word about the upgrade in the official notice, and there is not even an implicit meaning. How can you be blindly optimistic? , Deceiving yourself?

In particular, the reasons given in the notice are even more unclear. Who is a "third party"? What is "continuous expansion of the capital pool"? The only purpose of making a fuss is to clean up the battlefield, turn around and leave, losing basic integrity and conscience, and leaving a large group of shell holders in the swamp unable to save themselves.

Bei’s series of articles:

A brief discussion of the dilemma and solution

Where does Bei’s life depend on?