To ascend, I had no choice but to create games-Chapter 657 - 374 Happy and Unhappy (Part 1)_1
Chapter 657 -374 Happy and Unhappy (Part 1)_1
Chapter 657 -374 Happy and Unhappy (Part 1)_1
Virtual currency itself has no value; it’s all propped up by sentiment.
It’s like a massive gambling house where those holding chips sit beside the gaming tables, waiting for the clueless, tasty little lambs to arrive, only to be devoured by them.
However, when you view others as prey, it means you are also in this vast hunting ground, and it’s only a matter of time before you are eaten.
The only way not to be devoured is to stay away from the gambling table—that is to avoid conflict, that is peace.
In order to get S Coin to circulate quickly, Sun Hua even signed a special agreement, stipulating that anyone could exchange an S Coin for a US dollar.
This price locked in the lower limit for S Coin, and although it posed some risk of a bank run, Sun Hua knew that there weren’t many S Coins in circulation, so the risk wasn’t great.
Some S Coins began to be played, and the increasing number of participating accounts looked to the market makers as if retail investors were entering, which meant they could slowly raise the price.
The price of S Coin was just a US dollar each, but under the flip of the market makers, it skyrocketed almost like a towering pillar, immediately rising to 30 US dollars.
The spiraling currency value naturally drew more attention. Prosperity began to emerge, bubbles appeared here, and the price of S Coin continued to soar, making it nerve-wracking to watch.
The players in the group had plenty of S Coins on hand, but these currencies were not purchased by them; they were mined through the server cluster in “Here Comes One Trillion.”
And that was without even tapping into the computing power.
If they had harnessed computing power, then within minutes, they could have mined 80% of the S Coins, which would immediately decrease the value, rendering the worth here to zero.
Watching the soaring prices, many players realized that their accounts were lying on tens of thousands of dollars, and they were utterly overwhelmed.
[Mafia, should we strike now?] an excited player asked in the chat.
[Don’t rush, let the bullets fly for a while.] Black Tech responded leisurely, simultaneously taking a piece of hawthorn to refresh himself, [Right now, the market makers are just testing the waters. There will be other capitals entering later, prices will first rise and then drop. But we don’t need to worry about that now, it will rise back later.]
He paused for a moment, then typed earnestly: [Still, I want to remind everyone that I am helping you make a fortune. This small change is trivial. If anyone sells early at this time, I will kick them out immediately, understand?]
Although Black Tech seemed soft, no one dared to challenge his authority at this time.
After all, he was a big shot, mild-mannered or not, he was still a big shot.
And what followed confirmed what Black Tech had said.
The price of S Coin saw a brief increase due to the influx of scattered funds, then a subsequent drop due to the market makers’ releasing inventory, but then the big capital invited by the market makers started to buy up, which astonishingly drove the value up to 36 US dollars.
The price of S Coin changed nearly every minute, the EKG-like price trend made the hearts of the onlooking players jump as well.
Even though Black Tech said it was nothing to worry about, it was truly frightening to watch.
To relieve their own pressure, some in the group started making jokes.
[Just now, I was pondering whether to add an egg to my instant noodles, a minute later, I picked up my phone ready to decide whether to buy two villas today. But a minute later, I felt that a castle overseas might be nice too, but ultimately decided against the egg.]
[My mom asked if I was looking at an EKG? I told her I was looking at S Coin. I’ll stop now, my face hurts.]
[My net worth keeps fluctuating between a rich man and a beggar, watching this stuff is too much for my heart. I really can’t play with such high-end stuff.]
[Me too, I’m convinced I’ll never gamble on this thing in my life again.]
Unlike the animated players, Black Tech sitting in front of the computer was almost expressionless.
Updat𝓮d from freewēbnoveℓ.com.
The look on his face was always indifferent, appearing incredibly detached.
Not only that, he even started to open his own account, added leverage, and began buying S Coins.
These pointless currencies were bought by him in large quantities, he gobbled up a huge number of the bills on the market, and with an average cost of 40 US dollars, he directly purchased two hundred thousand, which caused the price of S Coin to surge.
While Black Tech made his moves, Sun Hua also noticed Black Tech’s actions.
After confirming with the institutions he had invited, Sun Hua, concluding Black Tech was not one of his invited guests, decided to harvest this guy first.
A huge amount of S Coins were dumped. As the founder of S Coin, he had been laying out his plan from a year ago, and currently held roughly one million S Coins.
After dumping half of his holdings, he initially expected to see the price of S Coin plummet, then perform a repurchase.
But to his surprise, such dumping merely caused the price of S Coin to wobble slightly before continuing its rise.
The market was like an unfathomable black hole, devouring his chips without a trace left, and still hungering for more.
This bizarre situation made Sun Hua feel incredulous and he began to speculate about the identity of this mysterious financial heavyweight.
Yet after guessing all the big players he knew, he still couldn’t figure out who it was.
While he was still pondering the identity of this person, the price of S Coin rose again.
A hundred US dollars was already a hundred times its value two hours ago, but in the crypto world, this surge was not unreasonable.
