My Fintech Empire

Qunxing Capital’s listing of the Mt.Gox trading platform is regarded by currency players as the largest financial institution in the world to intervene in the digital currency market so far, and it has also aroused the attention of the capital market.

If it is said that most people in the investment circle were indifferent to the encrypted digital currency market, then after the news of Qunxing Capital’s acquisition of the Mt. Lift.

No matter how much you ignored and sneered at the answer before, you have to respect the judgment of Qunxing Capital, which is known as "smart money". After all, the earning power of this institution is left alone.

The price trend of Bitcoin is also rising in a straight line. At this moment, it has been crazily pulled to the price of 100 US dollars, and the increase has expanded to +98.76%. An epic short-squeeze market is staged, and the Bitcoin community at home and abroad is boiling.

And the price of Bitcoin is still skyrocketing.

"It's going up, it's going up, can it go up again?" In a residential building in a certain city, a coin speculator in the room stared at the price trend of Bitcoin, and the whole person was very excited.

"Haha! It's $120! Fuck it!" He was excited when he saw the latest price. The price increase of Bitcoin at this moment has expanded to +138.52% within a day, while his cost price is only about $50. increased by 1.38 times.

A coin speculation participant in another city was in extreme pain at the moment. On the contrary, he watched the price trend of Bitcoin and still wailed: "Don't go up, don't go up, damn it, why are you paying $150?" Is it going up?"

Looking at the price trend of Bitcoin, he was about to collapse, because he was short-selling, and directly took a heavy position from the price of 125 US dollars.

He believes that Bitcoin will definitely return after doubling within a day, so he is decisively short.

As a result, the current trend broke him down. The price of Bitcoin skyrocketed to 150 US dollars, and the intraday increase expanded to +198.15%. I saw this participant yelling unwillingly: "I don't believe you can keep rising, call for margin!"

He continues to be firmly bearish.

Then……

The price of Bitcoin kept hitting new intraday highs in the turmoil, and its price jumps also deeply affected his emotions. Every time it fell back, he looked forward to the previous waterfall-like crash. As a result, after a dive, it immediately pulled up and reached a new intraday high. , The heart of anticipation instantly put on the mask of pain.

"How can you still go up when you are riding a horse? Are you crazy! Are you still squeezing the short? Labor and capital will also be driven crazy!" Seeing the price of Bitcoin hitting a new intraday high, the bearish wailed in front of the screen. .

Another five minutes later, the price of Bitcoin rushed up to $165 in another rapid short-squeeze amidst the shock, and the intraday increase expanded to +227.96%.

"It's over, it's over, return to zero!" The short-seller looked at his account with a face of ashes.

He broke his position, and he had no money to add margin, so he could only liquidate his position!

In the past few days, when the price of Bitcoin continued to explode, he seemed to have made a lot of money, earning tens of thousands of dollars and millions.

But when I went short again today, it returned to zero in one day, and not only lost all profits, but also lost all principal, and was responsible for tens of thousands.

At the beginning, it was just a light position to test the waters, and then as the price of Bitcoin continued to rise, the higher the rise, the more he gradually strengthened his bearish thinking. There is no variety that only goes up but not down. The bigger it is, so he keeps increasing the size.

Because there has never been an intraday increase of more than 1.5 times that can continue to rise before, and it will definitely fall back on the day, and it may explode, and the probability of making money in short openings is greater.

As a result, the price trend of Bitcoin today is completely beyond his cognition, to be exact, it is beyond everyone's cognition. He never thought that it could more than double within a day, and it is still based on the price of about 50 US dollars. more than doubled.

At this moment, the long and short sides involved in Bitcoin speculation are staged a double sky of ice and fire, and they are all numb.

Those who open long will make money, and those who open short will lose money.

If you are long, you will get rich overnight, and if you are short, you will lose money overnight.

...

Two hours later, Qunxing Capital issued an announcement confirming the news of Mark Capules, and Qunxing acquired the Mt.Gox trading platform directly.

In the announcement, Qunxing Capital stated that the acquisition of the Mt.Gox trading platform aims to explore the potential and significance of encrypted digital currencies such as Bitcoin in the financial field. Perform upgrades, fix vulnerabilities, and strengthen the security and reliability of the platform.

As soon as the news came out, the price of Bitcoin plummeted -30% from the highest point in the day, and quickly plunged to $118.

The news of Qunxing Capital was regarded as the fulfillment of expectations, and a large number of shipments began.

However, the price stopped falling after falling to the price of 118 US dollars, and once again staged a more violent short-squeeze market, breaking through the intraday high again and continuing to climb in shocks.

It rose all the way until the early hours of the morning, and today’s closing price appeared, locked at the price of 207.76 US dollars. The intraday increase reached +312.96%.

Moreover, it was still rising after midnight, and the price has been rushing to the price of 237.13 US dollars, and the price increase in the new day has also expanded to +14.13%. If calculated from yesterday’s opening price, the cumulative increase has reached a height of +371.33%.

Bitcoin communities at home and abroad are boiling.

[It's crazy, it's crazy! ]

[My threshold has been raised time and time again by Bitcoin. ]

[The price was $50 24 hours ago, and now it has soared to $237, which is crazy. ]

[If you like someone, let him play Bitcoin, because he can get rich; if you hate someone, let him play Bitcoin, because he can lose money. ]

[what's the situation? Why is the forum full of wailing? Isn't it skyrocketing today? ]

[It’s because of the skyrocketing that they are wailing all over the place, they are all short sellers, these corpses are all short sellers... (cover face, jpg)]

[Shorts got their heads smashed, lol. ]

[Who would have thought that the f*cking Bitcoin could triple within a day based on the price of $50? ]

[It’s crazy to witness a feast of harvesting and being harvested! ]

[Have they all lost money? Are they all empty? Didn't do much? They all lost money, who made the money? ]

[Hahaha brothers, I’m going to go ashore. At a price of around US$50,000, I open 25 times leverage to do long, and I get US$4.37 million directly. Brothers, I withdrew, and I have cashed out. I announce that I am 27 years old. Retire in place, haha! ]

[Fuck? ]

[The money is swollen. ]

[Nima earned 4.37 million dollars a day? That's more than 28 million soft sister coins, and the direct wealth is free! ]

[This is the most profitable one I have seen so far in the currency circle forum, Niubi! ]

[Brothers' money was cut off by you! ]

[Really get rich overnight. ]

[Ten years of part-time work is still a job, and once a stud lives in the palace! ]

[Chong Chong Chong, I want to lose all my money! ]

[Stud really is a kind of wisdom...(cover face)]

[Stud opens 25 times the leverage again, it is really a ruthless person, if you jump into the water a little more, you don't have to fall too much, it will explode on the spot. ]

[But if there is no if, they soared in place. ]

[Broken earning more than 28 million, you can indeed be rich and free. ]

[Don't worry, he will come back. ]

...