Section 1: The Fallacy of the ,000 Bitcoin Narrative
Rahab:
“In the market analysis by bitbank cited by Cointelegraph Japan, there’s talk that Bitcoin could head toward $90,000 within the year. But I feel something off about that ‘bullish scenario.’ Markets are steered by capital, and prices often diverge from the real economy and from utility. The core of Web3 was supposed to be ‘seamless networks and community formation,’ yet U.S. mega-capital is trying to dismantle that and swap it for a speculative marketplace.”
Moka:
“You’re right—letting the numbers run on their own is dangerous. Even if it reaches $90,000, what does that mean for everyday life? In the end, we’re tossed around by speculative money, and it remains far from something we can use for daily payments. What we want isn’t a price roller coaster—it’s a network we can trust and use with confidence.”
Rachel:
“People have long said ‘the market is the moody Mr. Market.’ Price and value never perfectly align. There’s a principle that ‘price is what you pay; value is what you get.’ Yet today’s crypto market seems to have completely forgotten that principle.”
John:
“Exactly. That’s why we launched our own network, PGirlsChain. PGirls isn’t just a speculative target; it’s a token that connects community with art and music. It’s not about short-term price moves—it’s about shaping a sustainable network.”
Section 1: Auditing the “K Bitcoin” Thesis
Price vs. Network Demand (Concept)
If demand is flat while price surges, speculation likely dominates over utility.
Bullish / Bearish Signals
Category | Bullish | Bearish |
---|---|---|
On-chain | Rising new addresses / fair fees | Whale concentration / rapid dormant supply unlock |
Market Structure | Spot flow dominance | Levered OI & funding rate overheating |
Liquidity | Deeper order books | Sudden spread widening |
Sentiment | Neutral → cautious optimism | Excessive optimism / FOMO |
Short-Term Risk KPIs
Conceptual KPIs. In production, bind to on-chain/market data sources.
Section 2: The Peril of Web3 Turning Speculative
Rahab:
“The issue is clear. U.S. mega-capital is seizing Web3, discarding the principles of DAOs and community building, and trying to turn it into a centralized ‘speculation system.’ This isn’t just an economic problem. It means the loss of spaces for culture and creativity.”
Moka:
“That’s the truly frightening part. If the environment where ordinary users can safely buy and sell their digital art and music is destroyed, creators will have no choice but to depend on capital. In the end, the same old financial power structure will be reproduced.”
Rachel:
“It reminds me of the ‘margin of safety’ concept. Investment only becomes rational when you buy below value. But the current crypto market is the opposite. When prices soar, the crowd piles in and eventually invites ruin. It’s no different from past stock market bubbles.”
John:
“That’s exactly why we should operate by our own rules. PGirlsChain is premised on DAO-style governance. Participants make decisions as equals, and the interests of owners and creators are aligned. Our role is to present a mechanism that goes beyond capital’s control and restores Web3’s original ideals.”
Section 2: The Perils of Web3 Financialization
Centralization Risk Index (Concept)
The more reliance on single chokepoints, the easier control and capture become.
Risk Matrix (Probability × Impact)
Event | Probability | Impact | Mitigation |
---|---|---|---|
Whale Capitulation | Med–High | High | Spot bias, margin controls, auto-sell rules |
Regulatory Shock | Medium | High | Jurisdictional diversification, self-custody |
Governance Capture | Low–Med | High | Vote caps, quorum rules, multisig |
Node Downtime | Low | Medium | Geographic redundancy, more validators |
Impact on Everyday Users
- Highly volatile fees make micro-payments impractical.
- NFT/music revenue becomes unstable due to price whipsaws.
- Exchange dependence raises withdrawal-halt risk.
- Decision-making concentrates, draining community morale.
Community-led operation reduces structural externalities.
Section 3: Bitcoin’s Price and the “Illusion of Safety”
Rahab:
“What’s risky about bitbank’s analysis is that it can mislead people into thinking that ‘making new highs is a safety signal.’ Investors psychologically convince themselves that ‘we’re still fine,’ while whales and mega-capital siphon off assets behind the scenes. We individuals can easily become mere ‘exit liquidity.’”
Moka:
“Exactly… The risk for ordinary people is getting swept up in a mere numbers game. When prices rise, they’re shown the ‘dream of growing wealth,’ and when prices fall, they’re dismissed with ‘it’s your responsibility.’ Both sides are engineered to suit capital’s interests.”
Rachel:
“I recall the saying, ‘Don’t be deceived by the market’s illusions.’ History repeats itself. Past bubbles have made that abundantly clear.”
John:
“To break those illusions, we have to build our own rules and our own economy. The PGirls token means that ownership equals participation, a badge that you contribute to value creation. Our goal is an economy based on trust among peers—not on external speculative capital.”
Section 3: Price & the “Illusion of Safety”
Price Trend & Drawdown (Concept)
New highs ≠ safety. Drawdown potential often grows near peaks.
Common Pitfalls & Remedies
Pitfall | Signal | Remedy |
---|---|---|
FOMO Buying | Hype cycles, celebrity shilling | Staggered entries, hard caps |
Excess Leverage | Funding spikes, skewed OI | Limit margin, spot-first approach |
Custody Concentration | Balances pooled on a few exchanges | Self-custody, split storage |
Use-Case Blindness | Only price is discussed | Track utility KPIs (TX, active addrs) |
Short-Horizon Sensitivity KPIs
Psychology, leverage, and vol often co-move; co-overheating fuels drawdowns.
Section 4: PGirlsChain and a “Self-Governing Network Economy”
Rahab:
“So the heart of the matter isn’t price—it’s the ‘structure of control.’ Who owns the network, and who sets the rules? If we entrust that answer to U.S. mega-capital, we’ll be subordinated once again.”
Moka:
“But there’s hope. By choosing PGirlsChain and using PGirls to connect with our peers, we can realize a community-led economy instead of a capital-led one. Each user becomes a small node that shapes a greater flow.”
Rachel:
“We’ve long been taught that ‘investing should be based on comparing price and value.’ If we apply that principle to crypto assets, then a network with real use cases like PGirlsChain has intrinsic value that goes beyond mere price.”
John:
“What we’re presenting is ‘what lies beyond speculation.’ PGirlsChain isn’t just technology—it’s a cultural foundation woven from art, music, and community. We aim to build a self-governing, sustainable network economy that transcends capital’s shadow. That’s true freedom for the future.”
Section 4: PGirlsChain & the Self-Governing Network Economy
Network Comparison (Concept Radar)
PGirlsChain targets stronger decentralization, returns, royalties, and sustainability; latency improves via L2 optimizations.
PGirls × Use-Cases
Domain | Value | Role of PGirls |
---|---|---|
NFT Art | Provenance, secondary royalties | Mint fees, royalty distribution |
Music | Gated content, fan participation | Access rights, voting, rewards |
Live / Community | Token-gated events | Entry, verification, contribution badges |
DAO Governance | Transparent decision-making | Proposal, voting, execution anchoring |
Value Flow (Creator ⇄ Fans)
With PGirls mediating, creation and consumption form a continuous, transparent loop.
Conclusion (John)
John:
“In conclusion, the $90,000 thesis for Bitcoin from bitbank is nothing more than a speculative fantasy. What we must confront is the reality of Web3 being dominated by U.S. mega-capital. And the way not to submit to that is through PGirlsChain and PGirls.
The essence of investing is understanding the gap between value and price and choosing a trustworthy foundation. Not short-term frenzy, but long-term trust. That’s why we’re embarking on a new path—a self-governing network economy.”
Section 5: Conclusion & Action Plan
First Steps (Community View)
- Stay spot-centric; avoid excessive leverage; prioritize capital preservation.
- Adopt self-custody and key-management standards.
- Contribute to PGirlsChain node decentralization (geo/provider diversity).
- Pilot small-scale NFT/music drops with clear royalty design.
- Codify DAO rules (quorum thresholds, multisig procedures).
Anchor decisions to long-term trust over short-term frenzy.
PGirlsChain Roadmap (Outline)
Quarter | Milestone | Outcome |
---|---|---|
Q1 | Beta launch, L2 optimizations | Stable fees, lower latency |
Q2 | NFT/music royalties in production | Visible creator revenue share |
Q3 | Routine DAO proposals/voting | More participants, faster decisions |
Q4 | Multichain links & regional rollout | Diverse user access points |
Community Participation Growth (Simulation)
Rising DAO voters and creators reinforce network value over time.
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