Is the compensation for Mentougou a negative or a positive? Bingtang took a closer look at the compensation plan.

First, from a negative perspective, the Mentougou incident originally involved a huge loss of 740,000 #BTC, but now only 140,000 BTC can be compensated, which means that each affected user can only receive about 19% of the compensation.

This low compensation ratio will undoubtedly disappoint investors and may cause further deterioration of market sentiment, especially putting pressure on the prices of currencies such as BCH.

However, on the other hand, there are also some positive factors. BTC's "debt acceptance" mechanism is similar to FTX's packaged sale of debt, allowing some investors to obtain compensation in advance at a lower price. This has actually led to a certain amount of BTC circulating in the hands of institutions. Although the specific amount cannot be accurately counted, this mechanism provides a certain amount of liquidity for the market.

In addition, according to the compensation plan, the compensation will be paid gradually. Although the specific time period is unknown, even if all the compensated BTC is sold at once, the selling pressure generated every day is relatively limited. Taking ten days as an example, only about 14,000 BTC enter the market every day, which does not constitute a significant impact on the overall market.

Of course, the current market sentiment and liquidity are indeed facing challenges, but the more critical thing is the performance of the next macroeconomic data. Friday's PCE, next Friday's non-farm payrolls report, and mid-month CPI data will have an important impact on market sentiment and capital flows.

If these data perform well, the impact of the Mentougou incident on the market may be weakened; conversely, if the data is not good, the impact of the Mentougou incident may be magnified.

In summary, the direct impact of the Mentougou compensation incident on the market is relatively limited, but its impact on investor sentiment and market psychology cannot be ignored. Investors should pay close attention to the performance of macroeconomic data, as well as the market's reaction to this incident and emotional changes, so as to make more rational investment decisions. #Mt.Gox将启动偿还计划 #Meme板块普涨