At the end of the next day, after yesterday's closing price was locked at US$3.1, the price of Bitcoin skyrocketed again today. Its highest intraday price hit US$4.88 per coin, an increase of +57.42%, surpassing US$3.95 in November last year. reached a record high.
The total market value of Bitcoin also exceeded the $100 million mark for the first time.
Last year, businessmen who hoarded coins cried and fainted in the toilet. Many people cut their meat when the price was 1 US dollar, because they were really confident in holding it. Even the participants themselves did not believe in this thing at all, and they were just collecting Bitcoins for K God. I bet that he will raise the price, hoping to make a profit from K God’s price difference.
As a result, the bet was lost. God K gave up and threw out the purchased Bitcoins, killing all the speculators.
Who knew that in the past two months, Bitcoin had actually risen from US$0.2. Not only did it rise, it also exceeded US$3.95 and hit a new all-time high.
Based on today’s highest price of $4.88, calculated from $0.2, the cumulative increase during this period reached +2340%, an increase of 23.4 times in just two months.
Who would have thought of this?
The price of Bitcoin hit a high of 3.95 yuan in November last year because Fang Hong used his influence to guide the market. This time it was still Fang Hong's masterpiece, but unlike the last time he used his K-God influence, This time, he secretly asked his people to participate in the market promotion with real money.
…
Monday, February 7, in the trading room on the second floor of Jingxinju Villa.
At around 17:00 in the afternoon, Fang Hong and Tian Jiayi were in the trading room together. At this moment, the beautiful assistant was slumped on a lazy sofa. Her eyes were closed and she didn't want to move, with endless satisfaction written on her face.
"Have you rested enough?" Fang Hong, who was sitting in front of a computer, tilted his head to the left and looked at the beautiful assistant on the sofa area and smiled: "When you are almost rested, call me and start smashing the dishes!"
After saying that, he looked away and looked back at the screen. What was displayed on it was the real-time price trend of Bitcoin. The current intraday increase was 6 percentage points. At the highest price in the session, the increase reached +8.55%, hitting $5.2. prices continue to hit record highs.
Tian Jiayi slowly opened her beautiful eyes and said lazily: "Where did it hit?"
She picked up her mobile phone and was about to make a call. Fang Hong looked at the screen and said without looking back: "Cut it in half."
In today's Bitcoin, Fang Hong is the largest banker. The size of chips controlled by him is the largest among all Bitcoin players. It is no exaggeration to say that he wants Bitcoin to rise. If it goes up, it will go down. It can rise to any price or fall to any price, it depends on how he chooses.
That is, funds are king!
There are no other large funds coming in to compete with Fang Hong, and other small funds are simply unable to compete with him.
Bitcoin is decentralized. Now it goes to the center of others and strengthens Fang Hong’s center. This is the so-called decentralization.
At the same time, the beautiful assistant lying on the lazy sofa made a call and said concisely: "Smash the plate, cut it in half."
Then he hung up and threw the phone aside.
Fang Hong looked at the real-time price trend of Bitcoin. The time-sharing line on the market was originally going pretty well, and was rising in shock. After about two minutes, the time-sharing line suddenly turned downward. The original increase was close to 7 percentage points, turning down almost instantly.
Immediately afterwards, the time-sharing line almost showed a straight dive of ninety degrees.
About thirty seconds later, the price of Bitcoin reached the price of 1.9 US dollars, and the intraday decline reached -60.33%. It cut through the line in half a minute, and then rebounded sharply to the price of 2.67 US dollars, but began to fall sharply again. .
There are also many people buying the bottom today.
Being harvested by whom is not harvesting? Might as well harvest it yourself.
After a while, Fang Hong opened a Bitcoin forum and browsed around. There should not be many Bitcoin players in China now. After all, there are still certain thresholds for playing Bitcoin. First, you must have US dollars.
At this moment, there is no domestic Bitcoin trading platform.
But some people are still bored.
Although it is a niche, there are still people playing it.
Unfortunately, those who are long today, whether they are domestic currency players or overseas currency players, who are long today and fail to close their positions in time, are now bored.
Fang Hong still lacks a part of the chips to collect, so he can only wash the market with huge profits.
At this moment, there were a lot of comments in the forum. Fang Hong glanced at it and saw that there were probably dozens of new comments or posts.
[Bitcoin is killing people! ]
[Start yet? It has been buried, and the grass on the grave is two meters high! ]
[The thrill of riding a horse, cut in half in one day, no, cut in half in half a minute! ]
[Cold sweat broke out in shock, but luckily he ran away. ]
[A man who rides a horse in a hurry, has the time to urinate cut off in half? ]
[No more playing, give me the money back.jpg]
[Hanging, withdrawing, crying...]
[It doubled in two days and left. Fortunately, I gave it up when I saw it was good. I made more than 7,000 dollars... (bared teeth.jpg)]
[Others are afraid that I am greedy and buy the bottom! ]
[Listen to your words, I will work for ten more years. ]
[I did it, it fell so hard, there will definitely be a retaliatory rebound tomorrow. ]
…
Fang Hong saw that visitors to this forum could also comment, so he also edited a piece of content to reply: [Throw down your chips and run. After a good year, you will have to start at half the price tomorrow, believe me. ]
[Got it, let’s stud now! ]
[Tell me the truth, can you make money? ]
[Don’t worry, brother, you will definitely make a profit, you are guaranteed to win. If you lose money, at worst, you can just give it to your friends... (funny.jpg). ]
[I’m so tired of reading, don’t lie to me... (Erha.jpg)]
…
Fang Hong looked at a few comments, shook his head with laughter, put away his fun and closed the forum page.
No one will take comments posted as tourists seriously unless you log in to the K3478 Weibo account to yell, but it is obviously impossible to do that. Finally, God K has washed away his reputation as the "main force".
Bitcoin's closing price today was locked at $2.05, down -57.20%.
The next day came, Tuesday, February 8th.
Bitcoin fluctuated within a wide range of plus or minus 7 percentage points. Near 21:00 in the evening, the price of Bitcoin was still rising by about 3 percentage points.
At this moment, the long-term players participating in the game have not realized the seriousness of the problem, thinking that Bitcoin should stabilize after being cut in half, and they are all enjoying arbitrage in it.
At around 21:22, people were buried!
The real-time Bitcoin price time-sharing line once again staged a vertical waterfall, falling directly at a 90-degree right angle.
This time the decline was even faster. In just about 12 seconds, the real-time price of Bitcoin dropped to the price of 0.8 US dollars. The intraday decline reached -60.97%. Today’s closing price was finally locked at the price of 0.9 US dollars. The intraday drop was -56.09%. In two days, it was cut in half and then cut in half again, with the cumulative drop reaching -81.55%.
There is no doubt that it was still Fang Hong who commanded the market, and violent price fluctuations can cause the chips to loosen.
The bulls who bought the bottom yesterday thought that they would not lose too much no matter what if they cut the price in half, but they did not expect that they could cut it in half the next day. These two days were mainly about leveraging funds, and some speculators really dared to use leverage.
Holding the long speculative funds at a high level, Fang Hong's instructions to his subordinates in the next period of time are to "draw" a concussive downward channel trend for Bitcoin. The high points will not reach new highs, and the low points will reach new lows.
The price is quickly suppressed, and then pulled up, creating a large number of long lower shadows.
In this way, allowing the opponent to arbitrage without making new highs and making new lows can drive the opponent's position or arbitrage, or T operation to reduce costs. In short, operations must be carried out, and operations mean the emergence of a change of hands in order to collect chips.
There must be a small number of currency speculators who have made money in the downward channel, but the vast majority must have taken advantage of profits and accidentally robbed their chips away.
…
(End of chapter)
