Chapter 14 Bitcoin
Thinking of Ajie in the United States now, Wang Ye's heart suddenly moved. He remembered one thing in his dream, that is Bitcoin. In the dream, Wang Ye had never speculated on Bitcoin, but when Bitcoin was the most popular, there were all kinds of news on the Internet. He was curious at that time and still read a lot of related news.
The concept of Bitcoin (BitCoin) was originally proposed by Satoshi Nakamoto in 2009, and designed and released open source software based on Satoshi Nakamoto's ideas and constructed the P2P network on it. Bitcoin is a P2P form of digital currency. Point-to-point transmission means 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 cryptographic design to ensure the security of all links of currency circulation. The currency system once had no more than 10.5 million in four years, and the total number after that will be permanently limited to 21 million.
Bitcoin can be used to cash out and exchanged into currencies in most countries. Users can use Bitcoin to buy some virtual items. As long as someone accepts it, they can also use Bitcoin to buy items in real life...
Wang Ye read a news article that the earliest Bitcoin transaction occurred in the United States in May 2010. A programmer exchanged 10,000 bitcoins for two pizzas, which was later called the most expensive pizza ever. At that time, those two pizzas were worth $30, which means each Bitcoin was worth $0.0003, less than a cent...
Bitcoin’s highest point was in 2017, and it was hyped up to $20,000 per coin…
Wang Ye suppressed his emotions and asked casually: "Ajie, do you know the Bitcoin that is popular on the Internet recently?"
"You said this, of course I understand. Many of my classmates are also mining and studying the principles of this virtual currency." On the phone, Ajie paused for a moment and continued to say
"But I'm not optimistic about its prospects"
Wang Ye was a little curious and asked, "Why are you not optimistic? From a theoretical perspective, Bitcoin is indeed the fairest currency and has an incomparable advantage in traditional currencies."
In fact, Wang Ye is not optimistic about Bitcoin at all. It is unknown how important the currency is to a country. The world is not unified. Which country will allow an uncontrollable currency to appear in its own country to replace its own currency.
Even though Bitcoin was later hyped to a sky-high price of 20,000 US dollars, wasn’t it a cliff-like plunge under a notice from the state?
Wang Ye originally planned to wait until the transactions of Bitcoin began to flow, and quietly acquired 10,000 or 20,000 yuan. Then, in 2017, when Bitcoin soared and the transactions were booming, it would be sold in batches, so that it could make 200 to 300 million US dollars.
Yes, Wang Ye dared not buy in large quantities. He knew that the water was too deep. He took a ride-sharing to make some money, and the dealer behind him would eat meat and drink soup. If he was too greedy, he would probably not know how he died.
In my dream, Wang Ye saw a ranking of Bitcoin rich people. The first place was the mysterious inventor Satoshi Nakamoto, who owned 980,000 Bitcoins, and was in the top 50. More than half of them were American nationality, and many were anonymous or pseudonyms. If you say that there was no Wall Street master involved, even a fool would not believe it. You must know that the first person to publicly admit that Bitcoin was legal was the United States.
Moreover, the FBI ranked tenth on the list. Yes, it is the FBI that everyone knows. This institution owns nearly 200,000 Bitcoins and has also auctioned 30,000 coins publicly. This is not a rumor, but a true fact. You can imagine how deep the inside story of Bitcoin being hyped and how complicated the background is.
If anyone really wants to acquire hundreds of thousands of Bitcoin now and wait to make a lot of money, then it probably won’t be wealth, but trouble.
So Wang Ye pretended not to care and asked Ajie to help him collect some bitcoins, no more than one cent per cent, and the total number was no more than fifty thousand, which was 500 US dollars.
Ajie didn't take it seriously, and said casually, "Okay, this is not difficult. I often see people in Bitcoin forums saying that they have dug a lot of Bitcoins, but they really feel that it's useless. I want to change something or something."
After hanging up the phone, Wang Ye began to try to recall the information about Bitcoin in his dream. Because he was not particularly concerned at that time, he only remembered a rough situation. Since the emergence of Bitcoin, it has been very sluggish in the past few years, and few people believed it. It was not until it broke out in 2013 and rushed to around US$1,000. However, by the end of the year, it plummeted to around 100 for various reasons, and then it was a long-term oscillation, but it was also slowly climbing.
In 2017, maybe it was because of the right time, place and people, a large amount of funds poured in, and countless people wanted to get rich overnight through currency speculation. Because mining required high-end graphics cards, the high-end graphics cards that were originally sold out of stock that year, and many electronic dealers sold graphics cards twice or even several times the price. Don’t you buy them? There are many people behind them waving money and waiting to buy them.
It was also in this year that Bitcoin reached a sky-high price of 20,000 US dollars. The 10,000 Bitcoin used to exchange for two pizza was worth 200 million US dollars... I guess the seller wanted to strangle himself to death and make you greedy.
However, after the madness, it will be a mess. This kind of game of passing flowers through drums will always make you rich first, and then you will suffer.
Many people may not understand this truth, but human nature is like this. Under any circumstances, they will be lucky and want to rush in and make a fortune and leave. Then, with a lot of wealth, they look at the players who entered the market happily and laughed at: "These stupid Xs, you're so shocked."
Wang Ye’s plan is to cash out and leave the market when Bitcoin rose for the first time in 2013, and then slowly recover it when it fell to the bottom and fluctuated. The number is still controlled within 50,000 yuan. Then in 2017, the process of rising 10,000 yuan to 20,000 yuan will be sold slowly.
In this way, you will not be too eye-catching, and you can also make enough profits. Don’t be too greedy when doing anything, and you cannot think about taking all the benefits alone. In that case, it will be easy to attract people to hate and it will be easier for no one to play with you. This kind of hype around the world is not something that can be played by one person or a few people at all. The big dealers behind this allow someone to ride a ride in the process to make money. After all, it is a helping force, but it is absolutely impossible to allow someone to make more money than them.
The dealers have worked hard to use huge amounts of funds to make arrangements for a few years, not to help others make money...
Lying in bed, Wang Ye quietly pondered his future plans. He planned to do Huamei International for two years, and there was too much to accumulate before starting a business, not only capital, but also various resources and connections in the industry.
Chapter completed!