My Fintech Empire

Chapter 439 [Reluctance to sell is expected]

Friday.

The stock price of Weibo, which has five consecutive daily limit drops, dropped to the lowest price of 112.47 yuan today, and hit the limit again.

However, at around 14:00 in the late afternoon, the price limit was opened by funds, rebounded all the way to close at 120.70 yuan, and finally closed down -3.42%.

Today, the daily K-line with a golden needle bottoming out, giving people a signal of a rebound that has stopped falling, and there are still people who are brave enough to get into it.

But that's not the bottom yet.

In the next three trading days, Weibo’s stock price continued to drop. On November 24, the intraday stock price fell by -4.33%. The price was locked at 110.50 yuan, and a trading volume of 3.514 billion yuan was released that day.

In just nine trading days, the market value of Weibo shrank to as much as 58.4 billion.

Its stock price has fallen from the highest point of 218.11 yuan to today's lowest price, with a cumulative decline of -51.36%, which has already passed the cut-off line.

Shareholders who hold this stock are already confused, but the stock price of Weibo has already bottomed out today, and 106.07 yuan is the bottom price, because the price of 105 yuan is the undertaking price of Zhongtai Capital and other institutions for market value management, and it cannot fall below this price.

Some funds have entered the market today.

Moreover, after the stock price of Weibo was cut in half, the market has indeed stopped falling. In the nine trading days that have been unilaterally falling all the way, the unfortunate luck for the trapped stockholders is that it is not even a single word. Even if it is the only one word limit down that has been killed by the lower limit, the market will also open that day.

In other words, those who are willing to admit losses and cut meat can leave at any time.

At this position, all that is left are those who are dead and lying flat. It is meaningless to cut the meat, and the ones to be cut have already been cut and admitted losses, so the stock price has gradually fallen, and the trading volume has also shrunk to 30 per day. More than 100 million.

In addition, the staged rebound of the broader market also provided some help for Weibo to stop its decline.

In the next December, no surprises, Weibo will usher in a strong oversold rebound at the end of the year.

...

"Well, I have received the account, thank you!"

In the bedroom of a house in a certain city, a man was talking on the phone, and he quickly said: "Hey wait a minute, I want to ask if you still accept Bitcoin?"

On the other side of the phone conversation with this man is the person Tian Jiayi arranged for Fang Hong to buy bitcoins.

A voice quickly came from the other end of the phone: "Yes, of course, we buy a lot."

The man responded immediately: "Well, my brother has 5,000 bitcoins. I'll ask him if he can sell them."

(Brother: Don’t come here——!)

As soon as the phone call ended, the man looked at the 20,000 yuan in the account and was very happy, and then called his brother. Finally, after his persuasion and the temptation to exchange for 25,000 yuan now Under this, his brother decided to sell the 5,000 bitcoins in his hand to cash out.

Years later, when the price of Bitcoin hit $60,000 a piece, his brother had the heart to hack him to death. Every time they met, the first sentence he said was: My 5,000 Bitcoins...

...

Quiet Villa.

"More than half a month has passed, how many bitcoins have you received?" Fang Hong looked at Tian Jiayi and asked, since the 1.29 billion lottery draw a while ago, it is not a big person in the currency circle. We all know that God K is buying Bitcoin, and the price is 5 yuan each.

"There is a high probability that there are about 180,000. The exact number has not yet been counted." Tian Jiayi thought for a while and said this, because every day someone sent a private message to Fang Hong's Weibo to sell him bitcoins, and the amount varied. .

Tian Jiayi looked at Fang Hong and added: "However, the holders' willingness to sell is not strong, and they seem to be reluctant to sell. At present, the market price of Bitcoin has risen to 0.83 US dollars, which is 5.52 yuan when converted into RMB. The price is 10 percent higher.”

Since Fang Hong posted a Weibo about publicly buying bitcoin, the price of bitcoin quickly rose from $0.3 to over $0.7, and has been running at a high level for more than half a month.

There is no doubt that the most direct reason for the doubling of Bitcoin is Fang Hong's public acquisition.

Fang Hong couldn't help smiling, and said calmly: "It's expected that it will be reluctant to sell."

On the contrary, the holders did not sell easily at this time, and chose to sell with reluctance, because the 129 million lottery event that shocked the entire network gave Fang Hong a new nickname-Kaishen!

God K evolves into God Kai.

This made many people regard Fang Hong as a rich man.

Fang Hong looked at Tian Jiayi and said with a smile: "Believe it or not, a lot of people must have hoarded a lot of bitcoins during this period, not counting the new output from mining."

Tian Jiayi was surprised and said: "You mean, they are hoarding and not selling, thinking that it will go up in the future, or simply saying that they think you will raise the price? That's why they are reluctant to sell and hold the bargaining chip in their hands?"

Seeing Fang Hong nodded, Tian Jiayi couldn't help asking curiously: "Then what should we do? Are you really planning to raise the price?"

Fang Hong said with a smile: "They predicted my prediction, and then I predicted their prediction and they predicted my prediction. So of course we have to raise the price to amplify their greed. In order to let them increase the accumulation of coins and push up their holding costs, my 129 million lottery activity set up a lucky person who spends money as happy beans to make them believe that I will sell, They can make money and get out."

Speaking of this, Fang Hong added with a smile: "At that time, I posted a Weibo saying that Bitcoin will not be accepted, what will happen?"

Hearing this, Tian Jiayi couldn't help but said thoughtfully: "The price of Bitcoin is in a stampede."

Fang Hong said: "That's right, when the time comes the situation will be that those hoarding money will be crying and shouting that Bitcoin is unsalable, please help us, hehe..."

The current volume of Bitcoin is only a total market value of 17 million US dollars, and there is no suspense that Fang Hong is the one with the strongest financial strength among current Bitcoin players, not one of them.

Because there are not many rich people or investors playing this game, let alone institutions.

Therefore, Fang Hong can control the current ups and downs of Bitcoin without any pressure. He can easily make it go up when it goes up, and go down when it goes down by posting a Weibo.

After a while, Tian Jiayi couldn't help but nodded and said, "I probably understand what you're thinking. You want to create a sharp price fluctuation to increase the volume of Bitcoin, right?"

Fang Hong smiled and said, "You answered correctly, I will reward you tonight."

The beautiful assistant glanced at him and said, "It should be my turn tonight."

Fang Hong said calmly, "That's two shots."

After speaking, he turned on his laptop and logged into his K3478 Weibo account to post a post.

Create violent price fluctuations, continuously raise prices to create high expectations for the market, and then suddenly close, some people who hoard a large number of bitcoins dare to hold back? The biggest buyer said that he would not play, and then it would really be a scene of "Bitcoin unsalable folks help us".

No matter how high the rise is, the price will be as hard as the fall. The current 180,000 bitcoins in Fang Hong's hands will be used to smash the market at that time.

Directly smash the market price of Bitcoin to the bottom, and kill those greedy middlemen who are reluctant to sell at a high level. Are you still reluctant to sell?

Those hoarders didn't believe that the value of this thing would increase in the future, but they saw that Fang Hong was happy and willing to pay the bill, so they wanted to sell it to him at a high price, and then left after making a fortune from Fang Hong.

If Fang Hong doesn't answer, who else will?

At that time, not only will they no longer hesitate to sell, but they will also have to cut the meat and stop the loss.

In this way, Fang Hong can not only buy at a low price, but also release the transaction volume on a large scale.

How can there be a change of hands if there is no trading volume?

With the current pitiful trading volume of bitcoins every day, Fang Hong would have to wait until the end of the year if he wanted to exchange 3.15 million bitcoins.

...

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