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Sun cut created the myth, EOS missed the entire bull market, and B cut cannot be blamed

Justin.Sun 2025-10-15 15:40 66556人围观 TRX

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Qihang summary: The history of Suncut is the process of cutting and pulling, and the history of EOS is the process of complete harvest of BM. Suncut may be cut off, but the TRON chain is very active. BM claims to have first-class technology, but the chain is sluggish.
In the first half of 2017, when domestic ICOs were not banned, BM (Daniel Larimer) colluded with some domestic big names such as Li Xiaolai to create the largest ICO project in history. Brother Pingtou has always believed that the above two people are part of the reason for the ban on ICOs and exchanges in China. They can be said to be the biggest cancer in the currency circle.



The scale of EOS fundraising that year even exceeded that of some well-known companies

Let’s go back to 2020-2021 and take a look at the comparison of the growth rates of some currencies:
EOS:    120%TRX:  541%BTC:1000%
ETH:   1475%ELF:     675%

As the most popular ICO gimmick in the past, coupled with BM, who was once the best in blockchain technology, and Li Xiaolai, the "richest man in Bitcoin" in history, the market value has reached the top five.
It is such a legendary project and several legendary figures who have created legendary history. In the bull market of the past year, they created the worst performance in the entire currency circle.

If there is an award for the worst performance of the year, EOS must be number one, and BM is not to blame. Li Xiaolai has known this for a long time.
Li Lixiao’s BOX fund includes EOS. The initial formula of the fund is: BTC, EOS, and XIN, of which EOS accounts for a very high proportion.
On January 20, BOX’s holding currencies were changed to: BTC, ETH, EOS, DOT, MOB, XIN, and UNI.



EOS is still there, but the holding ratio has been reduced to almost 0.

This means that Li Xiaolai actually gave up on EOS.

On January 10, 2021, BM published a post on Hive announcing his resignation. The reason for leaving was "for freedom." In this regard, Teacher Li also expressed helplessness.



Before that, BM had repeatedly claimed that he would "not leave EOS". Just like his original declaration of "Bitshares and Steemit", BM is like a child. The difference is that he does not have the innocence of a child. Every time, he leaves illusions for believers, and then leaves a pile of chicken feathers.

BM likes to give likes to beautiful believers when he gets up early, and he also likes freedom. This is not like falling in love among junior high school students. You can have love, but it will never last. The same is true for project BM.



BM is the most promising blockchain programmer and technical guru, but the performance of EOS is even worse than that of Justin Sun, who relied on hype and cut leeks. TRX, as the former little brother, has now greatly surpassed EOS in terms of achievements on the chain and active community, and even its market value has completely surpassed EOS.

Sun Yuchen is Sun Cut. I think it is more appropriate to use this name on BM. Cut leeks, cut big households, and cut alliance nodes. Why have alliance nodes been so popular in the past two years, with more and more pledges, but the price of coins has been falling?

Doesn't all this have anything to do with genital mutilation?
The community has been working hard, but BM has been pulling its sleeves from behind. The poor EOS people have missed the entire market just for their faith, and missing this time may mean the biggest opportunity in their entire lives.

BM is the former Ace in the currency circle. After more than two years of hard work, he has now successfully transformed his position in the currency circle into the "King 8".

All of this is inseparable from his bohemian love for freedom, which has always been synonymous with him. All this has not changed before and will not change in the future.

On March 2, 2021, BM updated the new project Clarion code on Github and stated that Clarion OS has just started and is still in the early design stage.
This time, EOS believers exploded, scolding BM for being shameless and giving up.
BM then explained its defense by explaining that Clarion did not need investment and would not accept investment.
BM claims that Clarion aims to build a social platform where people can liberate friends and family from the "tyranny" of Twitter, Facebook, YouTube, Amazon, Apple and Google, and create a social network without manipulation and third-party dependence.



This time, Brother Flathead felt that he had deep feelings. He had full ideals and great needs, even desires.

At this moment, when everyone thought that BM was going to completely leave EOS, those who had previously held the illusion that "EOS was leaving falsely and really cleaning up the market" now completely collapsed. The believers all cried. Then a large number of believers began to shed tears and throw away the EOS they had held for two years, preparing to bid farewell to their former faith.

After playing tricks on believers countless times, everyone was in despair, but just when they were desperate, BM once again frequently interacted with the EOS community.
The topic of BM returning to EOS governance has arisen again.

I believe that at this moment, BM's return does not make the believers happy, but makes them helpless. Everyone's psychology can only be represented by the picture below.



As a failure in entrepreneurship, a failure in marriage, and a person trapped in the system, BM also lacks the most basic "sense of responsibility" in the process of pursuing freedom. It seems that everything he has done in the past few years has been for his ideals, but he has also given up on previous projects because of "not being perfect enough" to pursue the next ideal.

In 2014, because of the Mt Gox black swan incident, BM had the idea of ​​​​creating BitShares (similar to a decentralized exchange).
BitShares did create a relatively good effect that year, and BM also took advantage of this project and became an instant hit.

But not long after, BM chose to leave.

“I poured my heart and soul into BitShares, but at the time we really had no income to keep the company afloat, so I had to look for other projects. ”
All these words were just BM's excuse. The real reason was that he was no longer able to control BitShares at that time. The trigger of the incident was resentment that a vote initiated by BM was not passed.
Then BM focused on decentralized social media.
 In early 2016, Steemit received an initial investment of US$220,000. With BM's excellent architectural technology, it developed and released a fully functional blockchain within a few months.
Due to the popularity of the concept of virtual currency, coupled with BM's technology, and chatting and posting on Weibo, it is a gimmick for mining to make money. Steemit became popular immediately and has more and more users.
That same year, BM left again.

The reason why BM left Steemit was because of limitations, "I can only socialize, but the limitations are too great, and I still don't have enough freedom." This was BM's excuse for leaving.
After two experiences, BM reflected on itself: “It suffered the loss of only knowing technology and not understanding business. ”
In 2017, ICO became popular, and the launch of Quantum Chain created a very big myth, and also attracted many investors to focus on the primary market.
EOS has taken advantage of the trend and launched the concept of public chain 3.0, benchmarking against Ethereum, claiming to build a public chain that surpasses Ethereum.



The climax was when it went online. I contacted Li Xiaolai and other big names who are professional in business (money making). It started on June 26, 2017 and ended on June 1, 2018. It took up to 355 days. It is the longest and most funded blockchain project in ICO.
This time, BM came as promised, but failed to return. Different from the past, this time, BM persisted for more than three years, made more money, and no longer had to worry about money.

The same as before, BM ran away again, and the reason for leaving was "freedom", yes, freedom again.

Because of the turmoil in the virtual currency market in the past year, U.S. regulators have continued to pay attention to and supervise virtual currencies, and this time BM may really be cutting off its tail.

That's right, 94 didn't scare BM, that's because he was in the United States. In the past year, the U.S. Securities and Exchange Commission (SEC) and the U.S. Commodity Futures Trading Commission (CFTC) have participated in the investigation and supervision of virtual currencies on multiple occasions and imposed fines on some projects and companies.
BM was afraid, which was one of the reasons why he left. Just like the previous departure, he made excuses for himself, and the excuse was "for freedom."



Brother Pingtou believes that what he said this time is true. It is difficult to fully explain where the billions of dollars of private equity ICO money went.  How long has the bull market been and how long has EOS been sideways? Until now, Brother Pingtou still doesn’t think EOS has any chance. There are several reasons:
  1. The bull market has now reached the mid-term or late stages, and there is not much time left for EOS.
  2. The concept of public chains was once very popular, but with the strong 2.0 layout of Ethereum, the increasing hype of Tron, the resource grabbing of the public chains of the three major exchanges, and the rise of the Polkadot ecosystem, the EOS ecosystem has stagnated.
  3. BM is in the Cao camp and his heart is in the Han Dynasty. In three years, a golden development period, and with the largest financial support, EOS has used data to demonstrate his powerlessness.
  4. After BM left, data showed that Li Xiaolai and super nodes were fleeing from EOS. Do retail investors still think they can outsmart them?



In 2020, Aida increased by 4866%, ranking among the top four in market value.

In 2020, EOS doubled, and its market value dropped from the top 5 to over 20.

In 2021, the bull market has gone through a year, DEfi has experienced a year of popularity, NFT has later overtaken, and public chains are being suppressed by the space. What else can EOS do?

The history of Suncut is the process of cutting and pulling, and the history of EOS is the process of complete harvest of BM.

Suncut may be cut off, but the TRON chain is very active. BM claims to have first-class technology, but the chain is sluggish.
BM's history is a process of pursuing false freedom. His flawed personality, irresponsible behavior, and anticlimactic personality have made his life that could have become a legend become controversial.

People in the currency circle also look at V God, BM, Li Xiaolai, and Bao Ergou, who are using sickles to teach leeks what it means to cut leeks.

As ordinary leeks, the public should no longer believe in BM amid the ever-increasing risks. EOS, which follows the decline but not the rise, has been completely abandoned by the historical wave.
BM is very profitable, believers are miserable, and the painful lessons should be learned.



Sun Ge is really shameless, but he also has some strength. He is a figure in the currency circle. The next issue will tell about Sun Yuchen’s career in the currency circle.

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