Many people are worried about Mentougou. Mentougou pays compensation based on the value at that time. Logically, these coins are in the hands of former investors, not directly sold by the compensation party. Why does the market think that these investors will definitely dump the market? The coins they get are still the coins of many years ago, and they are not appreciated. There is no profit margin in the later stage, and there is no such thing as full profit taking.

It can be understood as returning part of the circulation, but I believe most people will not rush to sell. As long as it is not sold in a centralized manner like the German government, it is dispersed back to the hands of investors and they can sell it later when they want. The selling pressure is actually not as great as imagined.

The optimistic point is that if Mentougou returns the gold-based coins to investors, there will be a big selling pressure in theory, but in fact there is no big selling pressure. #山寨季何时到来？ #美国大选如何影响加密产业？ $BTC