My Fintech Empire

After a retaliatory rebound of 25 percentage points in the intraday, it dived again, and then fluctuated in the price range of $550 to $600, and the amplitude gradually narrowed.

Bitcoin crashed in the middle of the night. As the eastern hemisphere gradually dawned, the news that Qunxing Capital had harvested Merrill Lynch spread further, and major media were competing to report on this matter. The collapse also made the encrypted digital currency on the news.

As of now around 8:00 in the morning, the price trend of Bitcoin is still at the -20% decline level.

Media reports also use exaggerated figures to attract attention. For example, if the currency unit is converted into RMB, there will be a figure of more than 30 billion, which is more eye-catching than 5 billion US dollars.

At the same time, the K-line chart of Bitcoin’s flash crash was also screenshotted and reported by various media when it was reported.

...

Jingxinju Villa, leisure area on the first floor.

Fang Hong, who had just finished breakfast, was sitting on the sofa in the leisure area. At this time, Tian Jiayi, who had changed into business work attire, was about to go to work in the company. When he walked through the leisure area, Fang Hong stopped her immediately: "By the way, the public opinion has to be Take care, you can't keep silent at this time."

The beautiful assistant stopped and looked back at Fang Hong. She didn't speak but stood still and waited for the next text. Fang Hong lowered his head and thought for a moment before ordering: "The current public opinion describes this incident as Qunxing Capital cutting the leeks of Merrill Lynch. , Merrill Lynch became a victim, this is not okay!"

In fact, there is nothing wrong with the report, it is cut off, and this is the fact.

When he was talking about this, Fang Hong immediately raised his head and looked at the beautiful assistant, and added with a smile: "How can it be said to be cutting leeks? This is Qunxing Capital's optimistic about the prospects of encrypted digital currency, decentralized, and the total amount is constant." Bitcoin is an emerging financial safe-haven asset, in short, it is all optimistic, and the strategy of investing in Bitcoin is based on a long-term layout..."

At the end, Tian Jiayi nodded: "Understood."

Fang Hong also nodded: "Go."

As the beautiful assistant left the villa to go to work in the company, Fang Hong also turned on the computer to browse the current public opinion information on the Internet.

At the moment, there are wild rumors on the Internet that Qunxing Capital used Bitcoin to harvest Merrill Lynch's leeks, and this is indeed the case, but Qunxing Capital will definitely not admit it.

Believe it or not is one thing, but you will never admit it.

...

At the same time, the A-share market also opened as scheduled. Today, the index gapped and opened lower for the third day in a row. , the big A is gone.

Today, Big A plummeted, and some people attributed it to Qunxing Capital, and they wanted to take the blame for Big A's fall.

At this time, some well-known big Vs started to move.

You wantonly criticized Qunxing Capital for being ugly, and even some public officials threatened to ask Huayu to come out and apologize publicly. What you did at Qunxing Capital has directly damaged the image and reputation of domestic companies.

You must come out and apologize.

There are also various big V accusations on Weibo. Xu Jingren, the head of Quantum Beat, is very sensible when he sees that the father of the gold master is in big trouble, and quickly asks the people below to limit the flow of those big Vs.

What I have to say is that the well-known big Vs of this era are still very appealing, and they are not as smelly as they will be ten years later.

But Qunxing Capital is not a vegetarian. Magic can only be defeated with magic. It also raises a group of "tongues" to fight online. The high ground of public opinion, if you don't occupy it, it will be occupied by others.

Hua Yu, who had been clamored by the well-known big Vs to come out and apologize, also felt distressed when he saw the news, but who let himself bear the title of head of Qunxing Capital.

Hua Yu now understands why the big boss Fang Hong wants him to quickly bring back his family members who are still abroad.

It is appropriate to plan to make enemies with Wall Street.

As of 15 o'clock, the A-share market closed, and the Shanghai Stock Exchange Index fell -1.96% today, closing at 2478.74 points.

In terms of individual stocks, Tianzhou Online opened +9.99% higher today and continued to record a one-word daily limit. It was not affected by the market's decline and continued to walk its own independent market.

This board is not only the fifth daily limit board but also the sixth consecutive daily limit board. The latest stock price has reached 16.73 yuan, and the market value has also risen to 3.128 billion yuan.

The stock of Tianzhou Online has also doubled from its historical low of 8.33 yuan. As of today's closing price, the cumulative increase has reached +100.84%, which has just passed the doubling line.

The current trading volume has still not exceeded one million, and the holders are all in a state of reluctance to raise and sell, after all, they are staring at ten times the expectation, which has just doubled, and there are still nine times.

It is worth mentioning that the backdoor concept sector continued to change, and it is one of the few sectors that performed well in the two cities today. Shareholders are also complaining constantly. The blue-chip white horse stocks with heavyweights have fallen into dogs, and they are junk stocks and ST stocks are rising.

Regarding the current capital market, the hottest news is that Qunxing Capital's acquisition of Merrill Lynch is now out of the circle.

At around 16:20 in the afternoon, Qunxing Capital finally spoke out.

It is directly denying the three consecutive, and there is no such thing as harvesting at all. It is just that there are some differences with LP partners on investment varieties, but they are still firmly optimistic about the digital currency market.

Qunxing Capital’s denial of the three-in-a-row operation, people who eat melons and watch dramas all understand it, but no one believes it anyway.

Such an obvious harvest, pushing Bitcoin above $1,000, and letting Merrill Lynch’s funds pick it up, isn’t this cutting leeks?

Who believes it?

However, Qunxing Capital doesn't care at all whether the melon-eating spectators outside believe it or not.

In the early hours of the evening, the price of Bitcoin closed at $548.35, a drop of -25.78% on the day, and its nominal market value dropped to $11.515 billion.

Today's bitcoin market is a carnival day for short sellers, a day for short sellers to make a lot of money.

...

Tuesday, September 6.

After the flash crash, the price of Bitcoin did not stabilize. Today, another big negative line poured down, and it crashed again.

The bulls were killed collectively.

The intraday price hit $340.51, the largest drop in the day reached -37.90%, and it was another day full of short sellers. The price of Bitcoin fell from its historical high, and the cumulative drop has reached -67.87% , its nominal market value has evaporated $15.1 billion from its all-time high.

Today's plunge also caused the total nominal market value of Bitcoin to fall below the tens of billions of dollars. According to today's lowest price, only a nominal market value of 7.15 billion U.S. dollars is left.

You must know that the nominal market value reached 22.259 billion US dollars more than a month ago, which is more than 140 billion yuan when converted into RMB.

The more than 4 million bitcoins held by Merrill Lynch have changed from as much as 4.5 billion at the time of receiving the order to only about 1.5 billion in market value, and 3 billion have evaporated in three days.

Evaporate 1 billion a day, or US dollars.

It is worth mentioning that Fang Hong did not deliberately suppress the flash crash of bitcoin prices in the three trading days from the weekend to today.

At this moment, everyone is staring at you, and it's not easy to make moves, and there's no need to make moves.

...