"I know they're going to make a lot of money. Qin Feng said calmly, "But in your opinion, what is the estimated price in their hearts?"

Dimon groaned.

"I mean the price of a dollar. You've been on Wall Street for so many years, and you should know very well what they think about the price. Even if there is a discrepancy, it is not far off. You're overestimating. Qin Feng said frankly.

Dimon silently calculated.

"In my opinion, bitcoin can be worth up to $800-$1,000 a piece. But they are investment banks, and they can speculate for $3,000 a piece. Dimon said.

$3,000 a piece, which is simply sky-high.

You know, it's just a worthless virtual currency.

It doesn't produce any of its own output, and it is completely dependent on computer mining.

In this case, does it cost for the other party to hype up? No, no.

Of course, electricity costs, but also labor costs.

This one isn't too big.

The electricity cost is a little more, but the labor cost is very small, you only need to check it at the right time to see if the computer has crashed. In this regard, the cost is really low.

The total output of bitcoin is only 25 million, and if one is worth $3,000, the total market capitalization is more than $75 billion.

That's a staggering number. For those investment banks, they certainly can't get that much. But even a little bit can make a lot of money.

There is nothing wrong with making hundreds of millions of dollars, to say the least.

Don't think that this number is very small, it seems that these big investment banks can earn hundreds of millions of dollars after working hard, which is too little.

In fact, it is already very good to have hundreds of millions of dollars in income with a single investment. In particular, the cost of this is very small. Your investment of hundreds of thousands of dollars can be exchanged for hundreds of millions of dollars.

In the eyes of investment banks, this is already the most cost-effective deal in the world.

As an investment bank, I know very well that the greater the benefits, the greater the risks.

Any benefit is linked to risk.

This kind of is already considered low risk and high investment.

Why aren't they satisfied?

Only the poor would want to eat a fat man in one go.

As everyone knows, when you eat fat, danger also comes.

Maybe you succeeded this time, but what about the next time? Maybe you fail.

And too big a bet will often dissipate the wealth accumulated by past efforts.

"$3,000!" Qin Feng grinned, "Damon, this is too little, too little." ”

"How much do you think it can go up?" Dimon looked at Qin Feng.

"I'm afraid I'll scare you when I say it. Qin Feng said with a smile.

"5,000, no, $8,000?" Dimon stared at Qin Feng.

Qin Feng smiled.

It's only $8,000, so do you need to be so enthusiastic about it?

"You don't think it's going to go up to $10,000!" Damon frowned.

Qin Feng rolled his eyes directly.

"That's not enough?15,000?" said Damon, taking a breath.

"Damon, I spent so much energy just for such a little money?" Qin Feng asked.

Dimon was not calm at all.

"Don't say it's going to rise to $20,000!" Dimon complained, "How is this possible, it's just a virtual currency, $20,000 a piece, $25 million, and the total value is $500 billion!"

That's $500 billion!

How is this possible.

Can it be that valuable?

"Why not. The total number is 25 million. And what needs it is all the illegal trade in the world. In this world, where there is sunshine, there is darkness. Qin Feng said lightly.

Dimon took a deep breath.

"If that's the case, then they'll regret it. Damon's mind turned, "At that point, they might chase after them again." But then, they will inevitably fry it even higher. But at some point, there may be an avalanche!"

"What do you say?" Qin Feng's mind moved.

"They initially sold it for $3,000 and thought they had made a fortune. This will make them look good on the company's annual financial statements. However, it soon became clear that something was wrong, and it rose even more. On the company side, there will be some gossip. In particular, the higher the rise, the worse the evaluation of them. Dimon said.

In the world of finance, you can only succeed, you can't fail.

Because no matter how many times you have succeeded before, if you fail once, you will leave and fall into the earth. The financial world has never believed in heroic counterattacks. The financial world only believes that the king is undefeated. If you lose, you are not a loser.

"Let's say $3,000 and they'll make a move. The follow-up rose to 4000, 5000 collapsed, and they were all heroes. But if it keeps going up, to 6,000, they will be questioned. Because they miscalculated the situation. If it gets to 7000, they will lead to high-level questioning. If it gets to 8000 and the momentum is still rising, their evaluation will be very poor. Dimon said.

"If you go up to $10,000, then they want to save their reputation, and they're going to come in. Of course, it will never be $10,000 in the market, but in advance. At that time, they will definitely try their best to speculate and make a lot of money. At that time, if it collapsed, I am afraid it would be an avalanche. "In that case, will Bitcoin be abandoned by holders?"

After all, this is a virtual currency, and Dimon has never touched it. He could only ask Qin Feng.

"No, it won't. Qin Feng shook his head, "Because the people who need bitcoin are not us, but those people in this world whose assets are of unknown origin and hidden under the sun." They need. As long as there is a need, there is value in existence. ”

Dimon nodded.

It was indeed different from the currencies he had worked with in the past. The currency of the past, that's because everyone needs a trading platform, a trading tool. So there is. But because there are many types of currencies, people will consider more valuable currencies for trading.

For example, the world will trade US dollars instead of Zimbabwean coins.

And virtual currency, although it is also because of people's needs, but its demand is not because of the need for this currency transaction, but because of some unknown secrets.

As a result, no matter how much the currency collapses, it still has value.

Unlike the currencies of some countries, when they fall to a certain share, they are directly abandoned and are not used.

Previously, Dimon was worried that Bitcoin would be broken by these investment banks.

Qin Feng worked hard to get it out, and it was a pity that he was finally broken by the investment bank.

Now that this is analyzed, no matter how you play it, it can't be broken. Because there are a large number of people in need. Including those in investment banks, they also have some shady money.

Bitcoin is undoubtedly the best fit. Since it is the most suitable, then there is no fear that they will play with Bitcoin.

On the contrary, perhaps their actions will make Bitcoin more valuable.

After all, wanting to make people believe in a virtual currency is definitely not something that Qin Feng and he can do. Only when these big investment banks come in can it be done.