Spider Lake Cao Jun: After halving BTC, the investment value will be low and it will take some time to get back to its target.

On September 10, 2020, the Greater Bay Area Blockchain Investment Summit was held in Shenzhen. During a panel discussion, Spider Lake Cao Jun said that after halving, the value of Bitcoin will be low and it will take a year or two for Bitcoin to return to its proper original form. He also said that the development of all relationships is a process of constant change, and therefore the mining industry. PoW processes have always been present in liquid mining, and the process changes only slowly and a lot. In this process, the doctors in every industry are required to apply and improve constantly, and not only to strengthen the strengths of their competitors, but also to question themselves before the development of the industry.