Panhelin: Bitcoin will continue to fall in the future. Investors don’t go to Pan Man

Cover reporter Wu Yujia

According to media reports, on September 19, Bitcoin fell to the lowest point since three months: $ 18471.22/p. As of press time, Bitcoin's highest record at the highest record on November 10, 2021 -US $ 69044.77 per/fell about 72.8%.

"If you buy a rise, you will rise when you buy, and you will rise if you lose 60,000, and you dare not enter." Endless, it also caused a lot of discussions. The reporter noticed that some of them were planning to copy, but more people bluntly said that the risks were too high and the losses were serious, and they dared not to enter.

On September 21, the co -director, researcher Pan and Lin, the co -director, researcher, and Lin of the International United Business School of Zhejiang University.

What causes this round of decline? Will it be further declined? Panhe Lin believes that there are two reasons, on the one hand, because the virtual currency itself has become a global currency belief that is gradually collapsed. Especially after the merger of Ethereum on September 15, the consensus mechanism of Ethereum's equity proof will make virtual currencies reopenly, and the story of virtual currencies is difficult to continue. On the other hand, because of the Federal Reserve's interest rate hike, under the strong US dollar, the US dollar index is close to 110. When the US dollar appreciates, the virtual currency with the US dollar as the selling point is naturally pierced to break the bubble. In the future, it will continue to fall, and the current strong US dollar cycle will continue to fall until the next round of US dollar loose cycle will come.

In this round of decline, what chain reactions will the currency circle and mining circle? What is the impact? Panhelin said that the currency circle is currently in the bubble destruction stage, and there is still no one to see where the bottom is, or whether there is a bottom is also a problem. As for the mining circle, the biggest profit is actually merging with Ethereum. The rights and interests have replaced mining and no longer need to be mining. Therefore, the mining circle is not a problem of decline in currency value. It may not exist and completely become eliminated production capacity. Certificate of equity is not perfect, but at least the world no longer needs a lot of computing power and electricity to mine.

What are the risks of the currency circle speculation and market chaos? Pan and Lin pointed out that the current people in many currency circle are actually very clear. You can see that the graphics card is in a decline, and many people in the currency circle have also realized and left the market. What needs to be reminded is those who are still entering the currency circle under the current decline. At present, the probability of entering the currency circle and the mining circle is due to the reception. It is not necessary for investors to go to the Pan Man at this time.

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