Chapter 951 Control
It is conceivable that BitC’s crazy upward trend has shocked those who came into contact with it at this time.
This wealth effect also allowed it to leave the circle for the first time and become known to more people. BitC’s transactions also began to gradually expand from the initial small circle.
But even so, the scale of this round of BitC’s bull market and the increment that has poured into it is not large compared to the subsequent bull markets.
After all, if you think about it, you will know that the amount of participating funds required to push its price from 10 to 1,000 is not the same as the amount of participating funds required for 1,000 to 10,000 and 10,000 to 100,000. They are not at the same level at all. of.
Behind every bull market price push of BitC, there is a basis for more participants to join. Even later, some technology giants and Wall Street capital began to join after its total size reached a certain level.
By the time before Barron was reborn in his previous life, it had even become one of the topics in the American election.
“The price of BitC has been a little too high now, which is not conducive to future development...”
Lamy’s words also come from his previous participation in the financial investment of DS Group Said by experience.
Anything is too much, especially now, when BitC does not have enough participation scale, or in other words, it is only in the early stages of forming a "consensus". With the current scale of its trading users, it is not enough. to support BitC’s price above $1,200.
In other words, BitC’s high price must not be sustained for a period of time.
In fact, this is the same as stocks. Why can the price-to-earnings ratio of companies in the US stock market far exceed that of A-share listed companies?
It is true that the market value of a company can be increased in the short term through "capital speculation", and the more concentrated the shares of a company, the easier it is to increase - because often a listed company only accounts for a small number of circulating shares in the secondary market. A small proportion, such as 15%, means that you can raise the share price of a company in the stock market without spending much money, and the market value of the corresponding company will quickly expand.
This is why many people say that the market value is false.
But if you want to maintain this stock price for a long time, it will not be easy, because if you rise, other people can ride on the train without selling their own shares. Once the rise has exhausted its power, it will be difficult to prevent others from reaping the benefits. Leigh left.
Unless you can convince other people that this company and this stock are indeed valuable, you are making "value investment"...
The U.S. stock market can be said to have gathered investors from all over the world. There are global investment funds, so companies listed there can obtain higher price-to-earnings ratios with the support of these funds.
Like the current BitC, if Matrix Capital and Distributed Foundation funds intervene on a large scale, not to mention the price of 1,200 US dollars, but even the price of several thousand US dollars, it is not impossible to speculate - after all The current BitC trading market is not large.
And in that crazy atmosphere, there are also people who have lost their minds and seek to get rich and rush in to take over the deals at high prices.
But as a result, they may be able to earn hundreds of millions of dollars, but BitC may be just a piece of chicken feathers.
After such hype, if there is no follow-up incremental capital of sufficient scale, the price of BitC will be like a balloon, no matter how it is blown up, it will eventually disappear with a "bang".
In that case, if the price drops from a few thousand dollars to almost "zero," countless new investors will lose their money, and BitC will truly become "a scam." ...
But in the final analysis, Barron's purpose is not this - if it is just to make money, there is no need for him to dirty his hands for it.
His purpose is to allow Kolo to deeply participate in the development of the blockchain industry. Therefore, even if Matrix Capital, which Lamy is responsible for, participates in the origin fund of BitC hype, its operations in this bull market The scale is also limited, as we do not want the hype of BitC to get out of control.
After the price of BitC rose rapidly, reaching more than 1,200 US dollars, distributed foundations with more than one million BitC also began to sell out. By selling a part of BitC, they curbed the rising price of BitC and put this In a bull market, the price of BitC was controlled within a relatively "healthy" range.
Of course, after this bull market, distributed foundations will also buy BitC after the price falls in a waterfall, and buy back the previously sold BitC shares, which can be regarded as holding down the price of BitC and preventing it from "accelerating the decline." .
In Barron's previous life, some of his friends had already been exposed to BitC during this period. Later, after the price of BitC rose to the sky, he also discovered an interesting thing. That is, many people who bought BitC in the early days when BitC only had tens or hundreds of Chinese dollars, almost all sold all the BitC when the price rose later. Very few people can keep BitC until the price of BitC is above that level. When calculated in tens of thousands of dollars.
And those people——
will never buy BitC again! !
This is also easy to understand. You bought a pen for 1 yuan. It doesn't seem to be anything special. But one day it rises to 50 yuan a pen. Will you sell it?
Probably not, but when the price reaches 500, what about 5,000?
Can you resist selling?
What about 50,000 pieces?
When you bought it, it looked like an ordinary gel pen!
What if during the price increase, the middle price dropped from 500 yuan to over 100 yuan; from 5,000 yuan to 1,000 or even 500 yuan?
One day, when its price reaches 50,000 yuan, can you still insist on not selling it?
When you finally sell it, you feel like you bought it for one dollar and sold it for fifty thousand, so you made a huge profit!
Then one day, you find out that its price is already over 700,000!
But you don’t have it anymore. You sold it when it was fifty thousand.
So the next question is, would you buy this pen at a price of more than 700,000?
You will never buy it again, even when you sell it for 50,000.
Because you did buy this pen for only one dollar.
……
London, Neverland.
When Mikhail just arrived here and was about to meet Dylan Ozdemi, he received a call from his subordinates.
"Boss, we have found traces of those people again, but it seems that there is nothing special about them so far."
Mikhail frowned slightly and said:
< br>"Continue to keep an eye on them. In addition, I need to know what they did or who they came into contact with during the time they were out of our sight..."
"I'm afraid it won't be easy. Without letting them notice..."
He hesitated for a moment on the phone and asked:
"Since they may be from the CIA, can't we find out through MI6 what they are doing in London?"
Mikhail was deeply moved. Take a breath:
"This is what worries me. These people have not contacted MI6, nor have they reported their missions. It seems that they definitely have important things."
< br>(End of this chapter)