Just a month ago, most people were thinking that the only way for bitcoin is to hit at

就在一個月前，大多數人都認為比特幣的唯一途徑是打在

least 100K dollars.

至少10萬美元。

But it seems like their plans have backfired and the price of bitcoin seems to keep plummeting.

但似乎他們的計劃適得其反，比特幣的價格似乎一直在暴跌。

So lets find out why the price of bitcoin is crashing?

那麼讓我們來看看為什麼比特幣的價格會崩潰？

How bad the crash is going to get?

崩潰會變得多麼嚴重？

And will it ever rise back?

它還會回升嗎？

Lets start with Elon Musk.

讓我們從埃隆-馬斯克開始。

Recently he said Tesla will stop accepting bitcoin for car purchases, because of the

最近他說特斯拉將停止接受比特幣購車，因為

negative environmental impact of cryptocurrency mining.

加密貨幣採礦對環境的負面影響。

So a few months ago, mining bitcoin didn't have any negative environmental impact.

所以在幾個月前，開採比特幣並沒有對環境造成任何負面影響。

Or maybe Elon musk didn't know how to mine bitcoin.

或者是埃隆-馬斯克不知道如何開採比特幣。

He purchased 1.5 billion dollars worth of bitcoin without knowing how to mine bitcoin.

他在不知道如何挖掘比特幣的情況下購買了價值15億美元的比特幣。

Lets give him the benefit of the doubt.

讓我們給他以懷疑的好處。

He is building electric cars.

他正在製造電動汽車。

How could he possibly know that you need electricity to make these computers work to mine bitcoin?

他怎麼可能知道你需要電力來使這些電腦工作以挖掘比特幣呢？

How could he possibly know that most of the electricity in the US, for example, is generated

他怎麼可能知道，例如，美國的大部分電力是由以下方面產生的

from fossil fuels?

來自化石燃料？

Even Tesla cars are charged using electricity from fossil fuels.

即使是特斯拉汽車也是使用化石燃料的電力進行充電。

That's not something an average person knows like Elon musk knows, especially since he

這不是一個普通人所知道的，就像埃隆-馬斯克所知道的那樣，特別是由於他

is are trying to help the world move to sustainable energy.

是在努力幫助世界向可持續能源發展。

Don't get me wrong.

不要誤會我的意思。

I am not trying to villainize Musk. he is a great guy! he deserves a lot of respect

我不是想把馬斯克說成是小人，他是一個偉大的人！他應該得到很多尊重。

for everything he is doing.

為他正在做的一切。

But let's be honest, that's pure pomp and dump!

但說實話，這純粹是華而不實的做法！我認為這是不可能的。

He didn't do that because he cares about the environment.

他這樣做並不是因為他關心環境。

Because the majority of electricity in the world and the US comes from fossil fuels.

因為世界和美國的大部分電力都來自於化石燃料。

That's a well-known fact.

這是一個眾所周知的事實。

And Elon Musk is not someone who doesn't know how we generate electricity.

而埃隆-馬斯克也不是不知道我們如何發電的人。

He tweets bitcoin price is too high, bitcoin price falls, he buys a lot of bitcoin and

他在推特上說比特幣價格太高了，比特幣價格下跌，他買了很多比特幣，然後

then says that Tesla will be accepting bitcoin as a form of currency, then bitcoin price

然後說，特斯拉將接受比特幣作為一種貨幣形式，那麼比特幣價格

rises, he sells a share of his bitcoin.

漲了，他就賣掉自己的一份比特幣。

Then he tweets something negative about bitcoin, like saying that it has a negative environmental

然後他在推特上發佈一些關於比特幣的負面資訊，比如說比特幣對環境有負面作用。

impact and bitcoin price falls.

影響，比特幣價格下跌。

In the previous video, I actually talked about that!

在之前的視頻中，我實際上談到了這一點

How Elon musk is playing with bitcoin price to profit Tesla.

埃隆-馬斯克如何玩弄比特幣價格以獲利 特斯拉。

The price of bitcoin dropped about 5% in the first minutes after Musk's announcement.

在馬斯克宣佈後的頭幾分鐘，比特幣的價格下跌了約5%。

In fact, at the time of this script, the price is below 50K dollars.

事實上，在寫這篇稿子的時候，價格低於5萬美金。

But you know what else he has tweeted?

但你知道他還發了什麼推特嗎？

Do you want Tesla to accept Dogecoin?

你希望特斯拉接受Dogecoin嗎？

He ditched bitcoin, and now he wants to pump Dogecoin.

他拋棄了比特幣，現在他想抽走Dogecoin。

The price of Dogecoin grew by over 30 percent in less than 24 hours after musks tweet.

在馬斯克發佈推文後不到24小時內，Dogecoin的價格增長了30%以上。

If that's not hyped and a bubble, please explain to me what a bubble is.

如果這不是炒作和保麗龍，請向我解釋什麼是保麗龍。

Again, I want to make something clear.

我想再次說明一些問題。

I am not saying that crypto is bad, bitcoin is bad, or blockchain is bad.

我不是說加密貨幣是壞的，比特幣是壞的，或者區塊鏈是壞的。

All I am saying is that these coins are getting pomped, which means all that's waiting for

我想說的是，這些硬幣正在被爆炒，這意味著所有等待的是

them at the end of the tunnel is a crash.

他們在隧道的盡頭是一個崩潰。

Here is a step-by-step plan on how to make money with Dogecoin - but here is a disclaimer

這裡有一個關於如何利用Dogecoin賺錢的分步計劃--但這裡有一個免責聲明

- this is not financial advice, and all that I am saying in this video is for education

- 這不是財務建議，我在這個視頻中所說的都是為了教育。

and entertainment purposes.

和娛樂的目的。

So please do not do what I am saying in this video.

是以，請不要做我在這個視頻中所說的事情。

Dogecoin will keep rising as long as Musk keeps tweeting about it positively.

只要馬斯克繼續在推特上積極宣傳，Dogecoin就會一直上漲。

If he can move the price of bitcoin dramatically, the price of the largest cryptocurrency in

如果他能大幅推動比特幣的價格，那麼這個最大的加密貨幣的價格在

the world, he can destroy the price of Dogecoin in no time like you can destroy the like button.

他可以在短時間內摧毀Dogecoin的價格，就像你可以摧毀喜歡按鈕一樣。

That was smooth.

這很順利。

You didn't see that coming, right?

你沒有看到這一點，對嗎？

) Anyways.

)不管怎麼說。

Now isn't the best time to buy Dogecoin.

現在並不是購買Dogecoin的最佳時機。

Just wait a little bit until everything cools down, or Elon musk stops tweeting about it,

只要稍微等一下，直到一切都冷卻下來，或者埃隆-馬斯克不再發推特。

or he will tweet something negatively, and the price of Dogecoin will plummet by 20,

或者他將在推特上發佈一些負面的東西，而狗幣的價格將暴跌20。

30, or even 50 percent.

30%，甚至是50%。

That's when you should be buying Dogecoin and then hope that in the coming weeks or

這時你應該買入Dogecoin，然後希望在未來幾周內或

maybe months, Elon musk is going to tweet something positive about it and the price

也許幾個月後，埃隆-馬斯克將在推特上發表一些關於它和價格的積極言論。

will skyrocket again.

將再次暴漲。

and that's when you sell, making 20, 30, or even 50 percent gain in such a short period

這就是你賣出的時候，在如此短的時間內獲得20%、30%甚至50%的收益。

of time.

的時間。

Again, do not do what I am saying in this video because this is all speculation.

再次強調，不要做我在這個視頻中所說的事，因為這都是猜測。

But some enthusiasts may say: Tesla will start accepting Dogecoin! that means the number

但一些愛好者可能會說。特斯拉將開始接受Dogecoin！這意味著數

of users who will use Dogecoin will grow, which means the price of Dogecoin will keep

使用Dogecoin的用戶會越來越多，這意味著Dogecoin的價格會不斷上漲。

rising.

崛起。

If you believe that, then you are naive.

如果你相信這一點，那你就太天真了。

Didn't you see how he ditched bitcoin?

你沒看到他是如何拋棄比特幣的嗎？

I mean, bitcoin is in a much better position to be used as a currency than any other crypto,

我的意思是，比特幣作為一種貨幣的地位比其他加密貨幣要好得多。

especially when that crypto started as a joke.

特別是當該加密貨幣作為一個笑話開始時。

Don't you think that he is just playing with the Dogecoin.

你不覺得他只是在玩弄Dogecoin嗎？

Remember GameStop?

還記得GameStop嗎？

When a bunch of Reddit users came together and pomped GME and made millions while the

當一群Reddit用戶聚集在一起，對GME進行抨擊並賺取了數百萬美元，而

world biggest hedge funds lost over 13 billion dollars in the process? that turned the financial

世界最大的對沖基金在這個過程中損失了超過130億美元。

system upside-down.

系統顛倒了。

Since then, people have realized that if they come together, they have the power to pomp

從那時起，人們就意識到，如果他們走到一起，就有力量去盛行。

any asset.

任何資產。

That's of course, great and exciting from one side, but whenever any asset is pumped,

當然，這從一個方面來說是很好的，也是令人興奮的，但每當任何資產被抽走的時候。

there will be someone who is going to lose, so there are negative implications to it as

有一個人將會失去，所以有負面的影響，因為

well.

好的。

You see, Dogecoin is not rising because it's naturally growing.

你看，Dogecoin的上漲並不是因為它在自然增長。

No one is using it as a currency.

沒有人把它作為貨幣使用。

You cant use something that volatile as a currency.

你不能用如此不穩定的東西作為貨幣。

Some people might use it, but that's such a small number of people, and they mostly

有些人可能會使用它，但那是很少的人，而且他們大多是

do it for fun.

做它的樂趣。

In fact, a lot of people are buying Dogecoin for fun since it's trending and it's all over

事實上，很多人都在買狗幣來玩，因為它正在流行，而且到處都是。

the news.

的新聞。

Why not try your luck?

為什麼不試試你的運氣呢？

Maybe you are going to buy it right before musk tweets something about it, and you are

也許你打算在馬斯克發佈有關它的推文之前就買下它，而你是

going to make some quick money.

將會賺到一些快錢。

I believe most people are buying Dogecoin to make some quick cash.

我相信大多數人購買Dogecoin是為了賺取一些快速現金。

No one is holding Dogecoin because they believe in that idea.

沒有人持有Dogecoin是因為他們相信這個想法。

And for god's sake, don't tell me that Elon musk believes in that since he wants Tesla

看在上帝的份上，不要告訴我埃隆-馬斯克相信這些，因為他想要特斯拉。

to start accepting Dogecoin.

以開始接受Dogecoin。

What is certain at the end of the day is - the bigger the bubble gets, the bigger the burst

最後可以肯定的是--保麗龍越大，破裂越大。

is going to be at the end when everything crashes down.

將會是在最後，當一切都崩潰的時候。

Even Elon Musk is saying that it's a bubble.

甚至埃隆-馬斯克也在說這是一個保麗龍。

He is literally telling everyone that do not invest the money you are not ready to lose.

他簡直是在告訴大家，不要投資你不準備失去的錢。

What worries me the most is that this crash will most definitely hurt legit crypto companies

最讓我擔心的是，這次崩潰肯定會傷害合法的加密貨幣公司

that are developing the technology.

正在開發該技術的公司。

Remember how the 2017 crash drove away many investors from everything that has any connection

還記得2017年的暴跌是如何把許多投資者從一切有關係的事物上趕走的嗎？

to blockchain or crypto.

到區塊鏈或加密貨幣。

Well, if the next crash is going to get worst.

那麼，如果下一次崩潰會變得更糟糕。

Then that will delay most of the crypto projects that are working on solving all crypto problems

那麼，這將延後大多數正在努力解決所有加密貨幣問題的加密貨幣項目。

to make the technology more useful and practical.

以使該技術更加有用和實用。

Dogecoin, the cryptocurrency that is AGAIN STARTED AS A JOKE at some point, was valued

Dogecoin，這個加密貨幣在某些時候又是作為一個笑話開始的，它的估值是

at over 80 Billion dollars.

價值超過800億美元。

Yes, it worth more than some of the biggest companies in the world, such as Moderna that's

是的，它的價值超過了世界上一些最大的公司，如Moderna公司。

supplying the world with vaccines against covid, DELL technologies, Activision, and

為世界提供抗病毒疫苗，DELL技術，動視，和

many more.

還有很多。

It's even valued more than Coinbase, the first ever crypto company to go public.

它的估值甚至超過了Coinbase，這是有史以來第一家上市的加密貨幣公司。

Some people might not see it but what's happening now is no different from the 2008 crash, although

有些人可能沒有看到，但現在發生的事情與2008年的崩潰沒有什麼不同，儘管

the 2008 crash was a housing crisis, not crypto.

2008年的崩潰是一場住房危機，而不是加密貨幣。

Cryptos didn't exist back then.

那時候還不存在加密貨幣。

The 2008 crash didn't start in 2008 or 2007.

2008年的崩潰並不是從2008年或2007年開始的。

The 2008 crash started back in 2002 when investors were looking for a place to invest their money.

2008年的崩盤早在2002年就開始了，當時投資者正在尋找一個可以投資的地方。

They just got out of the dot com bubble.

他們剛從互聯網保麗龍中走出來。

The entire market was down.

整個市場都在下跌。

No one was ready to invest in tech companies and real estate seemed like a great opportunity.

當時沒有人準備投資科技公司，房地產似乎是一個很好的機會。

After each crisis or a recession, the economy enters the expansion period, where the economy

在每次危機或衰退之後，經濟都會進入擴張期，這時經濟

grows, and people tend to make more money.

增長，人們往往能賺更多的錢。

So when the banks realized that there is such a high demand for homes in the market.

是以，當銀行意識到市場上對房屋有如此高的需求時。

They gave mortgages to everyone and then took these mortgages, bundled them together, and

他們把抵押貸款給每個人，然後把這些抵押貸款，捆綁在一起，然後

started selling them as securities to investors.

開始把它們作為證券賣給投資者。

And the returns were astronomical.

而回報是天文數字。

Investors didn't care because everyone believes that worst-case scenario is that the banks

投資者並不關心，因為每個人都認為最壞的情況是，銀行

will sell these homes, and investors will at least get back their principles, especially

將出售這些房屋，而投資者至少可以拿回他們的原則，特別是

since home prices were rising.

因為房屋價格在上漲。

They were guaranteed to make a profit.

他們被保證能賺到錢。

But what happened at the end of the day is that the market wasn't regulated.

但最後發生的情況是，市場沒有受到監管。

It kept growing too fast because it was based on speculation.

它一直增長得太快，因為它是基於猜測。

The banks would give mortgages to anyone because they would sell these mortgages in the forms

銀行會把抵押貸款給任何人，因為他們會把這些抵押貸款的形式賣給別人。

of securities to other institutions anyways.

證券給其他機構的情況下。

These institutions didn't care because they would sell them to other investors.

這些機構並不在意，因為他們會把它們賣給其他投資者。

Everyone knew that its a bubble, but no one wanted that bubble to explode in their hands,

每個人都知道它是一個保麗龍，但沒有人希望這個保麗龍在他們手中爆炸。

so they just kept reselling them to each other, while growing the bubble even bigger.

所以他們只是不斷地把它們轉賣給對方，同時把保麗龍越吹越大。

In fact, some people thought that the bubble will just keep growing forever and it might

事實上，有些人認為，保麗龍將永遠保持增長，它可能會

never burst.

永遠不會爆裂。

But one beautiful day, it did burst, taking down with it the entire global economy.

但在一個美好的日子裡，它確實爆裂了，連帶著整個全球經濟都被摧毀。

If you lived through the 2008 crisis.

如果你經歷了2008年的危機。

You know how bad it was.

你知道這有多糟糕。

People who are buying Dogecoin, SafeMoon or even bitcoin, know that it's a bubble, but

正在購買Dogecoin、SafeMoon甚至比特幣的人，知道這是一個保麗龍，但

they don't care because they are just waiting for Musk's next tweet when bitcoin will jump

他們並不關心，因為他們只是在等待馬斯克的下一條推文，屆時比特幣將跳水。

by 20 or 30 percent.

20%或30%。

Then they will sell and cash out.

然後他們將出售並套現。

In the last crises, these securities were backed by homes.

在上一次危機中，這些證券是由房屋支持的。

In the current bubble, these securities are not even backed by homes.

在目前的保麗龍中，這些證券甚至沒有房屋作為支撐。

It seems like a much more dangerous game.

這似乎是一個更危險的遊戲。

But the positive side of it is that once it crashes, it will have a limited impact on

但其積極的一面是，一旦它崩潰，它將對

the housing market or even the stock market.

房產市場，甚至是股票市場。

But only time will tell.

但只有時間才能說明問題。

If you have enjoyed this video, you will most definitely enjoy this custom playlist that

如果你喜歡這個視頻，你一定會喜歡這個定製的播放列表，它是

I have created specifically for you that has our most popular videos on business, investing,

我專門為你創建了有我們最受歡迎的商業、投資方面的視頻。

and the stock market that can potentially change your life.

和股票市場，有可能改變你的生活。

And now give this video the thumbs up that it deserves, and make sure to subscribe if

現在給這個視頻豎起應有的大拇指，並確保訂閱，如果

you haven't done that yet.

你還沒有做到這一點。

Thanks for watching and until next.

謝謝你的觀看，直到下一次。