my fintech empire.

Chapter 494 [Stars enter the arena]

In the next two days, after Bitcoin's consecutive halving, its price trend stabilized at around $55, because Fang Hong's trader team was supporting the market, and at the same time Qunxing Capital also sent people abroad to talk to Mt. .Gox founder Mark Capless talks.

Naturally, it is to discuss the acquisition of the Mt.Gox trading platform and then reorganize it.

At present, Mt.Gox has no one to accept it at all, and large institutions still feel that cryptocurrency is not reliable, and there is a lack of interest in it.

But Fang Hong knows how hot the cryptocurrency market will be in the future. The Mt.Gox trading platform is now the largest digital currency trading platform in the world, with millions of users. With a transaction volume of hundreds of billions of dollars, earning transaction fees is also a large amount of income.

The key is that it is very important to set up a trap for Merrill Lynch to enter the game. If you don’t drag a top Wall Street institution into the water, and Qunxing Capital will come over to buy the Mt.Gox platform, it will be a proper gift. [-]% free to the series, just waiting to be blasted by Wall Street.

But dragging Merrill into the water is another matter.

Wall Street Capital wants to play blasting, but half of its body is still inside, and the blasting has to blow up half of itself, or even completely.

That is, there is only another strategy to adopt. Even if Qunxing Capital wants to take revenge, it has to withdraw itself first. Before that, it has to maintain the relationship of "superficial partners".

……

May 7st, morning.

Jingxinju Villa, in the trading room on the second floor.

Evelei and Luo Lan's daughters are all executing Fang Hong's trading orders in the trading room. Their trading operations are in the A-share market. Since the big A peaked at 4 points on April 18, it has ushered in two months of orders. While falling, the market reached 3067.46 points until June 6th, not only fell through the annual increase, but also turned green.

In the past half a month, the market rebounded from 2610 points to 2820 points in half a month.

And this period of rebounding market, Fang Hong naturally did it too, but since today, he has been cashing in and withdrawing one after another, because it is only a rebound rather than a reversal. The next big A will start a new wave of main decline in the middle and late July , The previous low of 7 points will also quickly fall below.

It is worth mentioning that Fang Hong only used his personal account for the rebound in the past half month, and did not let Qunxing Capital's off-market funds intervene.

Because it doesn't make sense!
Qunxing Capital has such a large amount of capital, and short-term strategies can’t make a few bucks, so it’s better not to do it, and entering the market on a large scale is to relieve others, so naturally they won’t do such stupid things.

In the bear market stage, we honestly waited patiently with cash in our hands. In the next two to three years, Qunxing Capital will not be able to count on the big A-shares to generate income, but the overseas market is promising, and it will also be the core source of income in the next few years.

After a while, Fang Hong's cell phone rang, and the caller showed a call from Tian Jiayi.

Immediately after the call was connected, the beautiful assistant who was in the company on the other side immediately heard a voice from the phone: "There is news from Japan that the acquisition of the Mt.

Hearing this, Fang Hong nodded and replied, "Yes, I see."

It is worth mentioning that Qunxing Capital’s acquisition of Mt.Gox does not bear the 75 bitcoins that the platform lost users before, because it was sold after bankruptcy and reorganization. The previous problems and a series of creditor’s rights and debt disputes are in After the bankruptcy, the cutting is completed, and it has nothing to do with the new owner, and the stars will not follow up foolishly.

However, the Mt.Gox trading platform is still operating normally.

After Lightspeed’s bankruptcy and Lightspeed’s reorganization, Qunxing Capital immediately began to inject funds, providing liquidity of 5 million US dollars, and immediately solved the problems of the Mt.

It is foreseeable that users will quickly display their money, but Fang Hong is not worried at all, even though it is enough to reflect, what is the nominal market value of the entire Bitcoin?What's more, there are still half of the bitcoins that have not been dug out, and there are not many mined bitcoins in actual circulation. Fang Hong alone has hoarded 315 million bitcoins, which is why it is easy to launch a big market.

Fang Hong hung up Tian Jiayi's phone, and immediately called the person in charge of the Bitcoin trading team, ordering him to start another short squeeze tomorrow and launch the third wave of super market!

The first wave of the main Shenglang market surged from US$0.6 to US$52, with a cumulative increase of more than 86.66 times. This wave of market conditions activated the trading volume of Bitcoin, and also paved the way for hackers to attack the Mt.Gox trading platform.

The second wave of the main Shenglang market rose from $17.5 to $302.56, a cumulative increase of more than 16.28 times, and a cumulative increase of more than 0.6 times from $503.26. This wave of market prices bankrupted the Mt.Gox trading platform, and now the goal has also been achieved up.

And the third wave of the main rising wave of Bitcoin, which will start from the current price of 50 US dollars, is aimed at digging holes for Merrill Lynch, trapping Merrill Lynch's funds, and at the same time filling up Fang Hong's personal overseas account to operate bitcoin. The loss of the currency market, and withdrew the principal with interest, leaving Merrill Lynch to stand guard on the top of the mountain.

As time went by, after a few hours, users of the Mt.Gox trading platform around the world found that their accounts could be withdrawn smoothly, and many users directly reflected it without much thought.

At the same time, domestic and foreign forums in the currency circle are also discussing this issue, but the scope is not large.

Bitcoin closed down -8.82% today, the price closed at $50.31, and its nominal market value was $10.56 billion.

After midnight, on Saturday, July 7, the price of Bitcoin suddenly stopped falling from $16 and rose rapidly. The price quickly climbed to $50.31, and the increase expanded to 70%.

Then began to fluctuate in the price range of 70 US dollars to 80 US dollars.

It is worth mentioning that the trading of Bitcoin not only opens as usual on weekends and weekends, but also trades 24 hours a day, so there is no such thing as gapping high or gapping low. Naturally, there is no such thing as a gap. It is the opening price of the next day immediately after the closing price of the day is locked.

As time went on, the eastern hemisphere gradually became brighter.

At around 10 am, the founder of the Mt.Gox trading platform, Mark Caples, sent a message, revealing to the public that the platform had been taken over by Qunxing Capital, a financial institution from Huaguo, and that Mt.Gox had injected 5 million dollars of liquidity.

As soon as this news appeared, it spread rapidly in the Bitcoin community. Many foreign Bitcoin participants are not familiar with Qunxing Capital, or even this financial institution.

But after some people popularized science in the community, they learned that this is a financial giant from Greater China, with an asset scale of more than 1500 billion U.S. dollars.

And this news spread wildly in the domestic currency circle community. Foreigners are not familiar with Qunxing Capital, but domestic currency players are too familiar with Qunxing Capital. of.

Players in the currency circle said that they have found the reason for today's surge.

……

(End of this chapter)