At the initiative of Xi Ming.

All employees of Xiongming Group are actively preparing for the group's mid-year meeting.

Xi Ming chose the venue of the meeting in the stadium of Yanjiao University.

Go to other places to open up the market, and all the employees of the overseas companies will also come back at that time.

At that time, all the company's employees of 6,000 people will be present, and it will be the largest mid-year meeting in Yanjiao.

At this time, the Bitcoin market is still soaring. In this age of networking, the more controversial it is, the hotter it becomes.

Of course, Xi Ming also pays attention to the market of bitcoin every day.

During this time, Bitcoin has been fermenting in the domestic headlines almost every day.

And Xi Ming mainly focuses on a U.S. news company, which has the latest real-time market quotes of Bitcoin. And this company has found another way to directly focus on Bitcoin holders, for example, today's headline launched by the company is Bitcoin Soaring, and the United States has created a 15-year-old American teenager millionaire dream!

According to the American "Business Insider", Erik Finman, an American teenager who dropped out of school at the age of 15, has owned more than a million dollars worth of bitcoin in just 3 years and has become a millionaire. And his latest plan is to send the autographed CD of female singer Taylor Sift into space.

In 2014, when Finman was 15 years old, he decided to drop out of high school and negotiated a pact with his parents that if he became a millionaire by the age of 18, his parents would not have to force him to go to college.

Three years later, now he has done it.

The first investment in Bitcoin funds is $1,000

When Finman was 12 years old, he used the $1,000 his grandmother gave him to invest in Bitcoin, which was only $12 at the time.

He moved to Silicon Valley to work while taking a break from school to start his own business, and during his time at the company, he had several high-profile conversations with Reddit co-founder Alexis Ohanian and members of the Uber board.

In 2015, just one year after the start-up, the company was sold and received 300 bitcoins, bringing the total number of bitcoins held to 403.

In June of this year, the price of Bitcoin reached $2,500, leaving Finman's holdings worth more than $1 million.

Now, at the age of 18, he has won a promise from his parents that he will not return to school.

Xi Ming continues to follow the news and news about Bitcoin reported by Business Insider in the United States.

He hoped the company wouldn't dig itself out.

If there is a sprout, he will pinch it directly at the sprout when the time comes, and he doesn't want to make himself known to everyone.

Soon he is also going to the United States.

Now he continues to browse the company's news.

It's about a programmer.

He will bet all his net worth on Bitcoin and become a billionaire!

That's how the news is written.

According to Business Insider, a Swedish programmer named Alexander Bottema chose to bet his entire net worth on Bitcoin in 2013, which was crazy at the time.

Fortunately, Alexander Bottema did not give up on this investment, when he started it at a price of only $30, and now the value of bitcoin has risen to more than $2,500.

Bottema would not disclose the amount of his initial investment, but it is clear that he is deeply satisfied with the investment, which he has been there since 2013, and he is now almost a billionaire after a 100-fold appreciation.

Regarding the possibility of a Bitcoin crash, Alexander Bottema said that he was not worried and stressed that he knew how the system worked and what he was investing in. Of course, this currency will fall, but it will always bounce back after some time. Bitcoin's future looks bright.

Another piece of news.

This is reported by Business Insider.

In China.

There is a person who has changed from an English teacher to a rich man, this person is called Li Xiaolai, he copied bitcoin and became rich overnight, claiming to be "the richest man in China's bitcoin"!

There was also a large mention of ICO in the news, which made Xi Ming a little alarmed.

As the price of Bitcoin soars, ICOs are also refreshing the jaw-dropping financing myth step by step.

In the mixed tide of ICOs, some people get rich overnight, and some people go bankrupt.

ICO is the abbreviation of Initial Coin Offering, which literally translates to Initial Coin Offering, which is the act of issuing tokens for the first time by blockchain projects to raise common digital currencies such as Bitcoin and Ethereum.

To put it simply, it has the immutable characteristics of blockchain technology, that is, the tokens obtained by users after purchasing equity are difficult to copy and steal.

Different from equity crowdfunding, equity crowdfunding is difficult for investors to exit at will, while ICO solves the financing and capital circulation problems in the primary market, basically a few days after the token project is issued, it can be freely traded in the market to achieve a liquidity premium.

Previously, the digital currency EOS (blockchain operating system) project founded by the famous angel investor Li Xiaolai raised $185 million in only 5 days, and now the market value of the project has rushed to $5 billion. However, most investors do not understand the physical products of EOS and the use of the proceeds

Xue Manzi, a well-known angel investor, posted on Weibo that he had invested in 20 ICO projects, and said: "At present, 90% of ICOs are unreliable, and many people are actually making money and do not care about technology." It's now like a new-age crowdfunding, as long as it's a famous person, he buys it. ”

In 2011, Li Xiaolai bought tens of thousands of bitcoins at a price of less than $1 per coin, becoming the person with the most bitcoins in China. Today, the price of Bitcoin is close to $2,500 per coin, and this investment has made Li Xiaolai a billionaire and easily achieved financial freedom.

Li Xiaolai, the former famous teacher of New Oriental, calls himself "the richest man in China's bitcoin", a famous angel investor, who has done sales, teaching, writing, and opening companies, and has become a founding partner of several startups.

The ICO market is flooded with speculators who dream of achieving financial freedom overnight, and for them, Li Xiaolai, the "richest man in China's bitcoin", is an idol to look up to.

When Bitcoin was first created in 2009, 1 dollar could buy 1,300 bitcoins. After 8 years, the price of 1 bitcoin broke through $2,500. With such a rally in the market, it is no wonder that more and more investors are piling up in the bitcoin market.

At this time, the US news broke that the FBI held 174,000 bitcoins, worth half a billion US dollars.

……

Bitcoin is sought after around the world because it has the basic characteristics of a currency, which can be circulated, preserved, unregulated, and has the function of tax avoidance, scarcity of quantity, coupled with artificial speculation, and its value is bullish.

No matter how the price of Bitcoin soars, investors should still invest rationally, and experts unanimously say that they must not be blind, after all, high returns always come with high risks.

"Bitcoin's intrinsic value is almost zero, and it will be a mirage," Warren Buffett asserted.

But other prominent investors say that the price of bitcoin could exceed $1 million, because there are now more millionaires than there are bitcoins! It includes all "financial and non-financial wealth", which includes assets, collectibles, and housing.

This is a staggering number compared to the total number of bitcoins that will exist. While there are about 35 million millionaires in the world, there are only 21 million bitcoins at most. Then not everyone of the millionaires in the world owns Bitcoin, not one.

Bitcoin is worth the same as gold: people want it, but don't have enough of it. New gold cannot be created; One has to find the gold mine and go through the difficult, capital-intensive, and expensive process of mining and refining gold. Because neither the government nor the factories were able to create more gold, gold was scarce. This scarcity brings value.

As Bitcoin goes mainstream, economists and financial experts debate whether it's an asset or a currency. Judging by the valuation of Bitcoin, this claim is irrelevant. It doesn't matter how people use Bitcoin; What matters is why people choose to have it.

Bitcoin's future is almost certainly bright. Many analysts and traders are trying to speculate on the future value of Bitcoin, with some saying that Bitcoin could reach $15,000 a piece in the short term.

But forget about the recent situation. If Bitcoin is digital gold, then its long-term value is what really matters. Bitcoin is rare. Bitcoin is scarce. The vast majority of people don't even have a fraction of them.

What is the long-term potential of Bitcoin? Bitcoin can easily become so valuable that even millionaires can't afford to buy one.

Countless news, countless analyses, and countless data have surfaced after Bitcoin's skyrocketing.

Xi Ming has screened out the ICO from this information, and it has finally surfaced, because of its chaos, it will soon be severely cracked down by the Chinese central bank.

Now that Bitcoin is 25,000 yuan a piece, Xi Ming is starting to be anxious.

China's move on ICO will cause Bitcoin to plummet in a short period of time, so he will sell it if it rises to 30,000, and he will not wait until the peak of 32,000 before making a move, then it is estimated that it will be too late, and it will plummet by 8,000 yuan overnight, and he feels that he can't afford it!

Because he is not a long-term investor, he is just a short-term speculator with a prophet, using Bitcoin as a super ATM in his short term!

So he is waiting for the time when the price of bitcoin will break through 30,000 yuan, and once it breaks through, he will thunder and successfully escape the top.