Why is the Stone Money Turtle worthless?

Nowadays, the embarrassing situation faced by the Stone Money Turtle really corresponds to what Li Bai wrote: Flying down three thousand feet. A small turtle species was pushed to the public for some reasons. It developed from an unknown person to a fragrant steamed bun invested by the public, and then to the embarrassing situation of "it is tasteless to eat and it is a pity to throw it away". Who is behind this? The biggest promoter?

Stone Money Turtle

Looking back, the economic crisis broke out in 2008. According to turtle farmers at that time, that was the first year when the turtle market went down. It may be because of the economic crisis that some The foresight of turtle farmers judged that with the advent of the economic crisis, consumption power has weakened, and market demand has weakened, which may cause the demand for turtles to weaken. Therefore, turtle farmers sold stone gold turtles to varying degrees. That year, the price of turtles in the market was the lowest in recent years. Lower year.

Stone Money Turtle

However, the actual situation is not as weak as they expected. On the contrary, it is developing in a favorable direction. According to current large turtle farmers, the Stone Money Turtle is in 2008 was indeed a sluggish year. The price of seedlings at that time was 80 yuan/piece, but by 2009, it had risen to 120 yuan/piece. A stone turtle seedling, one year apart, made a profit of as much as 40 yuan. / turtle, if a farmer has a batch of breeding turtles and can cultivate 5,000 seedlings a year, his wealth will increase by 200,000 from 2008 to 2009 alone, 200,000 per year, which is real gold. Silver, when the economic crisis comes, who doesn't salivate when looking at such attractive income? Some passers-by, A, B, B, and D, saw that turtle farmers were really making a lot of money by raising turtles, so those who were a little brave joined the ranks of turtle farmers. Those who entered the industry that year all made a lot of money before 2015. This is a story for later. Time came to 2010/2011/2012. The market price of stone turtles continued to rise. Driven by profits, more and more people joined the ranks of turtle breeding. The original batch of fishermen who held stone turtles were The shop is bustling with people coming to look for goods in an endless stream, and it is very popular.

Stone Money Turtle Seedlings

One person bought it, two people bought it... Ten people bought it. In a short period of time, a capital flow was formed in the turtle circle. closed loop. There is an infinite circulation of funds between turtle farmers and turtle farmers, as well as between turtle farmers and prospective turtle farmers. Because there was a huge market (market demand was strong), at that time, there was a spectacular scene of "Luoyang paper is expensive" for stone gold turtles, and the price also went up. (This high market situation lasted until 2015.) Whoever has turtles will have money, and whoever has money will have money. You may not be able to buy turtles yet, said a farmer. Beginning in 2015, the price of the golden turtle began to fall, and everyone was not very alert to the price drop. In 2016, the price of the golden turtle continued to decline, and some farmers who held large quantities of the turtle began to look for export outlets. From 2017 to the present, the price of the Stone Golden Turtle has fallen off a cliff, which has slandered many turtle farmers. Most of the turtle farmers have completely lost confidence in the Stone Golden Turtle and sold their stocks crazily.

Stone Money Turtle

Looking at the 11 years from 2008 to 2019, the price of Stone Money Turtle first continued to rise in the first 6 years, and then fell for 5 consecutive years (I don’t know yet When will things get better?) The growth in the past six years has appropriately verified the "weakness of human nature" - self-interest drives me, and I will not work without profit. In short: greed. Greed (human nature) is the fundamental reason for the skyrocketing price of stone gold turtles, and "artificial hype + early scarcity of stone gold turtles" can at best be regarded as "accomplices". Analyzing the social background in 2008, when the economic crisis broke out, orders from export-oriented enterprises (domestic production enterprises and factories that engage in export trade and export trade, etc.) decreased or disappeared. These enterprises and factories could only go through We can tide over the difficulties by increasing revenue and reducing expenditure, and the most direct way to reduce expenditure is to lay off employees. At that time, I saw many local governments in townships and towns putting up slogans “Welcome returning migrant workers to return to their hometowns to study and re-employ.” In the counties around my hometown, there were many computer training schools, excavator training grounds, etc., mainly for returning migrant workers. training program for rural migrant workers. In fact, this so-called training program just proves that the economic crisis has caused migrant workers to lose their jobs. This is a program specially formulated by the government to help migrant workers who have lost their jobs to overcome the difficulties of losing their jobs. initiatives (and in fact, not many of them participate in these training programs.

) Migrant workers returning home have almost no other extra work to do except farming, which provides prerequisites for migrant workers to breed stone turtles in the future. So, because I heard that there is money to be made from breeding stone turtles, so with the idea of ??"I have nothing to do anyway, I have some spare money, I can make money by raising turtles", I slowly introduced turtle hatchlings in small batches. Later, people with financial resources took advantage of the opportunity and realized that the Stone Money Turtle was a good project to make money. Therefore, by recycling the Stone Money Turtle at a high price, the first batch of people who raised turtles really made money. So, It led people around to join the ranks of turtle breeding. As the group of farmers grew, the first batch of fishermen holding stone gold turtles slowly developed into suppliers of seedlings, while the new farmers became The "consumption terminal" in the circle, and this consumption terminal has become an investment behavior in disguise. In other words, the reason why the backward turtle farmers raise turtles is to make hot money, but they don't know that one day they will become A veritable high-price pick-up man.

Stone Money Turtle

Then, why is the turtle species represented by the Stone Money Turtle being hyped, instead of various chickens, ducks, and geese that are suitable for farmers to breed? What about poultry, pigs, dogs and other poultry? This involves an issue of investment return cycle, as well as the issue of whether there is room for maneuver due to local scarcity of resources.

Stone Money Turtle

Let’s talk about the first issue of investment return cycle. Poultry such as chickens, ducks, geese, pigs, dogs, etc. have a very short return period. The longest can be one or two years, such as dogs; the shortest, such as chickens and ducks, can produce a batch in one quarter. The input and delivery cycle is so short, the supply on the market can meet the market demand at any time but there is excess, and the price cannot be raised no matter what. The more farmers raise, the larger the breeding group will be, and when the market demand exceeds At that time, a price war occurred, forcing some people to withdraw from the market due to low prices. This kind of breeding project has no attractive operating space, but turtles have this possibility because they have a long lifespan and a long time to sexual maturity ( The most basic turtles take about 5 years to reach sexual maturity). Why should we emphasize the sexual maturity of turtles? Because this is a necessary condition for it to start breeding and a sign of output. In other words, the first four years of raising turtles are the investment period, and the fifth year is the first year of return. With such a long period In the investment return cycle, as long as an organization has the financial resources to take action on the matter of speculation, time is allowed;

Shiqianqiangui

Besides, whether the local scarcity of resources is feasible Space issues. Chickens, ducks, geese, pigs, dogs and other poultry in the Chinese market do not face the problem of local scarcity of resources. In other words, as long as you want them, you can buy them anywhere in the market. However, under the social background of that time, the inventory of stone money turtles was not as huge as it is now. Moreover, its distribution has regional characteristics and is not available all over the country. It has a relatively strong scarcity, so it has a strong market operation space.

Shijin Turtle Breeding Farm

So, under these two conditions, plus the "weakness of human nature", under the simultaneous catalysis of the three factors, Shijin Turtle has a reason The market scene of "Luoyang paper is expensive" before 2015 must also lead to the embarrassing situation of "flying down three thousand feet". The most fundamental driving force behind the sharp rise and plummeting prices of stone gold turtles is still the "weakness of human nature (greed)" (Profit)", the so-called hype can only be regarded as an "accomplice" at best.

Shijin Turtle Breeding Farm