The next day, May 21.

In the fitness room of Jingxinju, Tian Jiayi, who was doing stretching exercises, stopped, she looked at Fang Hong, who was also exercising here, and said: "Yesterday's flash crash of Bitcoin attracted a lot of attention and reports from financial media, both domestic and foreign, and foreign media were relatively majority. ”

Fang Hong said, "What's wrong? ”

Tian Jiayi tilted his head to look at him: "Many media are questioning the recent sharp rise and fall of Bitcoin and its obvious manipulation and speculation, after the hype, the ebb tide will definitely leave a lot of chicken feathers in the mud and sand......"

Hearing this, Fang Hong smiled: "Le." It's a leek who knows that human manipulation is obvious, and he still needs them to analyze? Which of the participants is not clear about this? I know that I am still willing to enter the game, there is nothing to say. ”

Tian Jiayi said: "If digital currency is really promising in the future, let them know about the current situation in the future, and see that you have made a lot of money, and those who sell or lose blood at the moment must not sprinkle all their grievances on you?" ”

Fang Hong asked rhetorically, "Why do you want them to know?" ”

Belch......

The beautiful assistant's face was stunned, and she was speechless for a moment, and after a moment she tried to retort: "You now hold 15% of the total number of chips, and you will have to withdraw and cash out in the future, right?" Suddenly there is so much more wealth, and after making so much wealth, you can't still hide it, right? ”

Fang Hong suddenly said: "Can't you buy it back in a few years?" Who said that if I smashed it out before, I wouldn't be allowed to buy it again? Or do I have to disclose the position information to the outside world if I buy it? Who prescribes? Isn't it up to me to announce it or not? ”

Belch......

The beautiful assistant was speechless again, and there was still no way to refute it for a while.

Now it's so noisy and has nothing to do with K God, as for the blood money on Bitcoin in the future, well, the chips were indeed thrown away before, but what, after selling for two and a half years, I slowly bought it back after correcting the mistake and holding it for a long time, why? Can't you buy it back after selling it now?

Fang Hong glanced at the beautiful assistant and said with a smile: "The truth will always be in the hands of a few people. There are pros and cons to everything, there are two sides, think about it from another angle, this violent and even tragic fluctuations, to a large extent, also deterred speculators who want to make a windfall in it, weigh whether they are sickles or leeks, maybe he is afraid, he will not come. ”

Speaking of this, Fang Hong paused and smiled, and added: "Speaking of which, it's still the same sentence, whoever is cut is cut, it's better for you to go up and cut it, I can still divide a lot of money to do education and education, and if I am cut by others, I will kick my pants in my pocket." ”

Hearing this, Tian Jiayi sneered a few times, looked at him and said, "You guy will find a reason for himself to cut his heart at ease." ”

Fang Hong spread his hands and shrugged.

……

In the early morning of May 22, Bitcoin walked out of a new daily candle, and after the previous daily candle closed at $27.5, it continued to rise today, until it reached $32.7, up +18.9% intraday.

However, it began to dive again, and the lowest price of the day fell to $17.3, a decline of -37.09% from the opening price, a decline of -47.09% from the highest point of the day, and finally closed at the price of $20.3, a decrease of -23.40% on the day, and an amplitude of 55.98% throughout the day, and the market capitalization of Bitcoin also shrank by $426 million.

……

On May 23, bitcoin opened at $23.3, an increase of +14.78%, and then staged another tragic decline comparable to the day before yesterday.

Intraday once fell to the $2.9 level, directly breaking the low of $3.6 the day before yesterday to create a new low in the near future, down -85.71% from the opening price, down -87.55% from the highest price of the day, and the maximum amplitude of the day reached a terrifying 100.49%, and it was more than 100% amplitude.

However, everyone has seen how scary the price fluctuations of bitcoin are, and the shareholders of big A suddenly feel that the sky floor is like that, but the loss is only 20 points, and it may only be a matter of a second or two in bitcoin.

With such extremely violent price fluctuations, some people wail for blood loss, and some people scream for blood gain, but a new voice has emerged today, that is, a group of players in the currency circle have begun to call on trading platforms to quickly provide short-selling tools for bitcoin as soon as possible.

And the number of groups calling for this is growing.

Obviously, players in the currency circle feel that it is not enough, and think that the current trading mechanism of Bitcoin is not perfect enough, and they can only go long at present, because the earliest trading platform has only been online for a year, and there is no short tool yet, and players in the currency circle can only make money by going long.

Players in the currency circle saw the terrifying price fluctuations of Bitcoin, and what they thought of was that they hoped to make money by shorting, and when they saw the price fluctuations within the day, they would explode eighty or ninety percentage points at every turn, but they couldn't sell short, and they felt that they had lost hundreds of millions.

As the price of Bitcoin fell to $2.9, the subsequent trend confirmed that this was the lowest point of the day, because after the explosion, it began to explode again, and the real big V Tianlong trend.

Finally, before the end of the day, the price of bitcoin was locked at $18.3, pulling up from the lowest point of $2.9, which is an increase of +531%, which is such an intraday increase.

Overnight losses and overnight riches are staged at the same time in the virtual currency trading market of Bitcoin, which also continuously stimulates and raises the threshold of players in the currency circle.

If there are also risk fluctuations in the capital market and despise the chain, those who speculate on stocks despise those who play funds, those who speculate on futures despise those who speculate on stocks, and those who speculate on options despise those who speculate on futures, then those who speculate on bitcoin despise all the front.

Bitcoin's intraday price fluctuations are more than 90 percentage points at every turn, and the intraday increase can be 5 times or even 7 times, if you benchmark the same leverage as speculating in futures, the last 50 times leverage, when you are bored, you can instantly liquidate, and you can earn hundreds of times a day when you earn blood.

In the next four days, the price trend of bitcoin began to fall after a sharp surge every day, and after peaking at $52, it was followed by seven consecutive days of decline, and the amplitude fluctuated by more than 50% every day.

On May 24, Bitcoin fell -33.33% to close at $12.2, with an intraday amplitude of 57.25%;

On May 25, Bitcoin fell -6.56% to close at $11.4, with an intraday amplitude of 54.58%;

On May 26, Bitcoin fell -17.54% to close at $9.4, with an intraday amplitude of 65.30%;

On May 27, Bitcoin plummeted -50.00% to close at $4.7, with an intraday amplitude of 87.18%, hitting the lowest price of $1.9 intraday on this day, and then coming out of the recent low.

Bitcoin's trading volume in the past few days has been at a low of $30 million and reached a high of $57 million, compared with the daily trading volume of less than $1 million last month, and the liquidity has skyrocketed dozens of times.

As more and more players in the currency circle continue to call for the platform to launch short-selling tools, several existing trading platforms have begun to work overtime to design short-selling tools.

It can be said that it is as it wants.

For the trading platform, one more derivative instrument is one more channel to make money, anyway, the platform fee is pumped and earned.

It's a bastard if you don't make money.

The current trading volume is also very impressive, although the vast majority of the data is made by Fang Hong's traders, but what is important?

Brushing data is also data, and it also has a cost, as long as a transaction is generated, there is a transaction cost, and the larger the trading volume, the more the trading platform earns.

……

(End of chapter)