Chapter 14 Bitcoin
Thinking that Applejack is now in the United States, Wang Ye's heart suddenly moved. He remembered one thing in his dream, and that was Bitcoin. In the dream, Wang Ye had never speculated on Bitcoin, but when Bitcoin was at its hottest, there were all kinds of news on the Internet, and he still watched a lot of related news because of curiosity.
The concept of Bitcoin (BitCoin) was first proposed by Satoshi Nakamoto in 2009, based on Satoshi Nakamoto's idea of designing and publishing open source software and building a P2P network on it. Bitcoin is a P2P form of digital currency. Peer-to-peer transfers imply a decentralized payment system.
The Bitcoin economy uses a distributed database composed of many nodes in the entire P2P network to confirm and record all transaction behaviors, and uses cryptography to ensure the security of all aspects of currency circulation. The monetary system had no more than 10.5 million in four years, and the total number will be permanently limited to 21 million.
Bitcoin can be used to cash out and can be exchanged for the currencies of most countries. Users can use bitcoins to buy some virtual items, and as long as someone accepts them, they can also use bitcoins to buy real-life items......
Wang Ye has read a news article that the earliest Bitcoin transaction was in May 2010 in the United States. A programmer exchanged 10,000 bitcoins for two pizzas, which came to be known as the most expensive pizza ever. At that time, those two pieces of pizza were worth $30, or $0.0003 per Bitcoin, which is less than a cent......
Bitcoin peaked in 2017 and was wildly hyped to $20,000 per coin......
Wang Ye suppressed his emotions and asked casually, "Ajie, do you know the Bitcoin that has been popular on the Internet recently?"
"You said this, of course I understand, many of my classmates are also mining and studying the principle of this virtual currency. Applejack pauses on the phone and continues
"But I'm not optimistic about its prospects"
Wang Ye was a little curious and asked, "Why not be optimistic, theoretically, Bitcoin is indeed the fairest currency, with incomparable advantages of traditional currencies"
In fact, Wang Ye is not optimistic about Bitcoin at all, it is self-evident how important a currency is to a country, and there is no great unification in the world, which country will allow an uncontrollable currency to replace its own currency in its own country.
Even if Bitcoin was later speculated to a sky-high price of 20,000 US dollars, didn't it fall off a cliff under a notice from the state?
Wang Ye's original plan was to wait for bitcoin to start circulating in trading, quietly buy one or two hundred thousand, and then by 17 years, when bitcoin soared and the transaction was hot, it would be sold in batches, so that he could make two or three billion US dollars.
Yes, Wang Ye didn't dare to buy in large quantities, he knew that the water in it was too deep. He hitchhiked to make a little money, and the dealer behind him ate meat and he drank soup. If you're too greedy, you don't know how to die.
In the dream, Wang Ye saw a list of bitcoin richest people, and the first place was the mysterious inventor Satoshi Nakamoto, who owned 980,000 bitcoins, and the top 50 on the list, more than half of them were American nationals, and many of them were anonymous or pseudonyms. If you want to say that there is no Wall Street bigwig behind it, a fool will not believe it, you know, the first to publicly admit that Bitcoin is legal is the United States.
Moreover, the tenth on the list is the FBI, yes, the FBI that everyone knows. The institution owns nearly 200,000 bitcoins and has auctioned 30,000 bitcoins publicly. This is not a hearsay, but a real fact. You can imagine how deep the inside story of Bitcoin is hyped and how complex the background is.
If anyone really wants to buy hundreds of thousands of bitcoins now, and then wait to make a lot of money. It is estimated that what is waiting for is not wealth, but trouble.
So Wang Ye pretended not to care, and asked Applejack to help him collect some bitcoins to play, no more than one penny, and the total number did not exceed 50,000 coins, that is, five hundred dollars.
Applejack didn't take it very seriously, and casually said, "Okay, it's not difficult, I often see people in the Bitcoin forum saying that they have mined a lot of Bitcoin, and they really don't feel useful, and they want to change something or something."
Hanging up the phone, Wang Ye began to try to recall the information about Bitcoin in his dream. Because he wasn't particularly concerned at the time, he only remembered a general situation. Since the advent of Bitcoin, it has been in the doldrums for the past few years, and few people believe it at all. It didn't break out until 2013, when it rushed directly to about $1,000, but at the end of the year for various reasons, it plummeted to about $100, and then there was a long-term shock, but it was also slowly climbing.
In 2017, perhaps because of the right time and place, a large amount of funds poured in, and countless people wanted to get rich overnight through currency speculation. Because mining requires high-end graphics cards, high-end graphics cards that originally sold very little were sold out directly that year, and many electronics dealers sold graphics cards at double or even several times the price. You don't buy it if it's too expensive? There are a lot of people waving bills waiting to buy it.
It was also in this year that Bitcoin soared to a sky-high price of $20,000. The 10,000 bitcoins that were originally used to exchange for two pieces of pizza are already worth 200 million US dollars...... I guess that seller can't wait to strangle himself and make you greedy.
However, after the madness, there is a place of chicken feathers, this game of drumming and passing flowers, it will always be the fortune of the first entry, and the disaster of the second entry.
Maybe many people don't understand this truth, but human nature is like this, in any case, they will have a fluke mentality, thinking that they will rush in to make a sum of money and leave, and then take a large amount of wealth, look at the players who enter the market leisurely, and laugh shamefully: "These stupid X, let's lose it, let's be dumbfounded."
Wang Ye's plan is to cash out of the market when Bitcoin first soars in 2013, and then slowly recover it when it falls to the bottom and shock, and the number is still controlled within 50,000, and then in 2017, 10,000 to 20,000 in the process of slowly selling.
In this way, it will not be too eye-catching, but it will also make enough profits. Don't be too greedy in everything, and don't think that one person will monopolize all the benefits. In that case, it is easy to attract hatred, and it is easier to have no one to play with you. This kind of worldwide hype is not at all played by one person or a few people. The big dealers behind it allow someone to take a ride to make money in the process, after all, it is a help, but it is impossible to allow someone to make more money than them.
The bookmakers have worked hard to use a huge amount of money to lay out for a few years, not to help others make money......
Lying on the bed, Wang Ye quietly thought about his future plans. He plans to do Huamei International for two years, and there are too many things that need to be accumulated before starting a business, not only capital, but also various resources and contacts in the industry.
Just as Wang Ye plans to create his own brand in the future, then he needs to have a reliable OEM factory or a self-built factory, he needs to have a good relationship with major shopping malls and shopping centers across the country, and he also needs a team that has the ability to fight a tough battle. Only by laying a solid foundation can we soar to the sky. In this era, it is no longer possible to expect a person to succeed in starting a business alone, of course, it is the kind of success in Wang Ye's eyes.