Chapter 497 When the carnival is going on, Bolang's center of gravity shifts
In just four days, Wall Street’s view of Bolang International Investment Bank has changed.
Of course, if it must be strictly traced back, it should be counted as one week.
Calculated from Eastern Time, it happened to be the beginning of this Monday, and now it is this Sunday.
To be honest, there is no other industry that expands faster than finance. In a sense, as long as you are rich enough, you can expand to become well-known.
Because modern finance basically has no concept of physical objects.
Just like the modern treasury is no longer a physical building warehouse like before, but more of a virtual digital management.
After all, computers are a tool used very well by humans.
Modern finance also relies heavily on computers to complete transactions, so much so that as long as you have enough money, you can travel around the world in as fast as 15 seconds.
Initially, Bolang International Investment Bank was established with a high profile, and the voice of Wall Street was:
[The ancient and mysterious East actually tries to come to Wall Street]
It probably means something like this.
Wall Street elites believe that BL-IIB, who has a complicated background, wants to come to Wall Street, which is simply wishful thinking.
Previously, all financial companies with Chinese backgrounds struggled.
In fact, this cannot be said to mean that the financial elites on Wall Street think highly of themselves.
In fact, it is a group of so-called scholars headed by Li Quan who, like a bad pen, continue to copy Western scriptures and be cited in decision-making. The key point is that they can't learn it by just copying it.
If you copy other people's bad routines but don't know how to copy them, the elites will naturally look down on you.
When Bolang International Investment Bank officially issued its first bearish analysis research report, both in terms of the report content and the report objects, the voice of Wall Street was:
[The shameless Eastern werewolf attempts to steal the fruits of Wall Street’s victory]
At this time, Wall Street elites still believed that the fledgling Bolang International Investment Bank would not succeed so easily.
Goldman Sachs can be shorted, but it won't be that simple.
Sure enough, Goldman Sachs did counterattack, but unfortunately the momentum was suppressed.
However, the Wall Street elite can understand that everyone benefits, so Goldman Sachs was deliberately isolated by everyone.
When Goldman Sachs' short selling became a foregone conclusion and global financial players were following suit to grab the meat, Wall Street's voice changed again:
[Emerging players are invading Wall Street]
It represents a contradictory attitude of recognition but not recognition.
Even though JP Morgan, UBS, Bank of America, Morgan Stanley, etc. have all expressed some recognition of Bolang International Investment Bank, it is not enough.
In the eyes of Wall Street elites, he is at most an emerging player.
After all, Bolang International Investment Bank has not even officially established its overseas market headquarters on Wall Street.
This naturally weakens the momentum a bit.
When Bolang International Investment Bank actively promoted the surge in the decentralized virtual currency market, doubling its market value and increasing its daily trading volume by 100 times in just over two days, the voice of Wall Street changed again:
[Bolang International Investment Bank from China is about to join the Wall Street financial community]
There is no way, Bolang International Investment Bank has brought too much to global financial players in just a few days.
The short selling of Goldman Sachs was so exaggerated that many channels did not have the resources to provide corresponding contracts.
Although this is because Goldman Sachs has cheated Wall Street giants many times, and everyone hopes to take advantage of the opportunity, everyone has benefited after all.
The situation with virtual currency is very different.
Bolang International Investment Bank has even reached a partial consensus with Wall Street giants, and everyone can participate, and the benefits from the daily ups and downs are really amazing.
In general, it's easy for the Western world to come up with some classic jokes.
These sounds are very similar to another sound:
"Monsters from Corsica land in Port Joan."
"The unspeakable man-eating demon is approaching Grasse."
“Despicable thieves enter Grenoble.”
"Napoleon Bonaparte captures Lyon."
"General Napoleon approaches Fontainebleau."
"His Majesty the Sovereign Emperor arrived today in his faithful Paris."
Although the processes are different and there is no one-to-one correspondence, they are still very similar.
And it's expected to soon grow to... supreme.
…………
The afternoon of the 24th, Eastern Time, and the early morning of the 25th, China time.
A new week is about to begin.
Public opinion in overseas markets and even on global social networks still revolves around virtual currencies, but it is becoming more and more diverse.
Some people are making trembling investments, fearing that the market value of Bitcoin will plummet in the next second.
After all, this is a product with strong financial attributes, but also contains many unstable factors.
Some people are making great progress because they have used hedging through some platforms, and the rise and fall within a certain range are profitable.
There are actually many Bitcoin trading platforms on the market, and many of them have customized Bitcoin futures contracts.
Because things like Bitcoin will not belong to anyone or any organization since they were created.
There are no authoritative institutions like the New York Stock Exchange, Nasdaq, Shanghai Stock Exchange, and Hong Kong Stock Exchange to control issuance and trading.
It has been decentralized since its creation.
Transactions can naturally also be decentralized.
It can even be traded at zero value, as long as both parties are willing, without the approval of any intermediate platform, and without any restrictions.
Of course, people still use it to form fair value.
Wen Liang wants to use Goldman Sachs, JP Morgan and others to push CME Group to launch Bitcoin contracts, mainly to gain more recognition for fair value.
It also uses the CME Group’s more than 100 years of history and credibility to endorse it.
In summary, due to various factors, at the current time, more than 100 well-known Internet platforms around the world have stated that they accept Bitcoin for transaction payments.
Because everyone began to realize that the Bolang Group, through a regional branch of the Xinghai official website, was able to collect a massive amount of Bitcoin in a short period of time.
Bitcoin is a non-renewable resource by design, and because of its decentralization, the amount of money held can provide unimaginable leverage if properly utilized.
Judging from the direction that everyone is expecting to rise, it is necessary to maintain a certain holding amount.
Players like Elon in later generations even directly endorsed it through Tesla, often posting articles and spending hundreds of millions or billions of dollars to buy Bitcoin.
Even hot-selling malls, which have little momentum in overseas markets, have followed suit and stated that they have developed third-party sellers to access Bitcoin transactions.
Not only that, BTI’s suite of apps all support the purchase of paid content through Bitcoin.
The seemingly radical Bolang Group expanded Xinghai Official Website's support from one state in California to the entire North America in one fell swoop.
This time it is not North America in the concept of zz geography, but North America in the concept of physical geography, which is North America with a total of 23 countries and regions including the United States and Canada.
Cuba, Mexico, Guatemala, Haiti, Jamaica, Bahamas, Dominica, etc. are all covered.
Xinghai brand's business covering the whole world is not an exaggeration, but a fact.
The coverage of the Xinghai brand is truly available in all regions of the world, but there are only a very small number of cooperative dealers in a large part of the region.
There are rich people everywhere because of one simple factor.
For example, Cixi's soul asked: "I am also one in 40,000,000, so why don't I feel oppressed?"
Xinghai's brand power in these places is actually pretty good, mainly because...
More expensive than Apple
All in all, when the atmosphere in which various circles around the world are "tacitly agreeing" to push up the market price of Bitcoin has reached a certain peak level, Bolang International Investment Bank once again made its voice heard.
This time it's a different ID.
[email protected]
Min is the name ID, and the following paragraph indicates his identity as a researcher at Bolang International Investment Bank.
Min said: "Bitcoin is a decentralized virtual currency. The convenience of transactions is destined to have a high frequency of value fluctuations. Our research suggests that Bitcoin options contract transactions should appropriately reduce the delivery time granularity, such as launching 10 minutes.
Long or short contracts.”
This view quickly gained widespread recognition.
The DAO platform, which was integrated by Bolang International Investment Bank, responded directly and launched a pilot short-term contract.
Anyway, DAO is a platform. It does not hold any Bitcoins and cannot even interfere with transactions at all. All it earns is the hard-earned money from platform pipeline fees.
Among them, a radical platform even launched a 5-minute contract.
This is almost the same as in later generations.
In later generations, there will be Bitcoin futures contracts for the next 5 minutes.
However... DAO has done a little more and actively invited people of insight from around the world to create more and more effective decentralized encrypted virtual currencies.
There is a slight discrepancy between the estimates of Lloyd and Jamie.
Bolang International Investment Bank did not plan to create a virtual currency on its own, but chose to promote the industry to continue to develop at a crazy pace.
How can a well-known virtual currency be enough? It is spring when a hundred flowers bloom~
Immediately afterwards, some institutions expressed their intention to promote the next generation of cryptocurrency and decentralized application platforms.
One of the more active ones is an organization that has named itself Ethereum.
The original Ethereum also became active at this time, and was crowdfunded and launched in 2014.
The first decentralized cryptocurrency soon appeared, which was more of a joke, called DOG.
The meaning of dogecoin.
This is proof that no matter what era, there are some people in the crowd who have ideas that are different from ordinary people.
Then there is the second currency.
"We are a virtual currency based on the in-depth development and release of new Bitcoin mining software: NA currency, which mainly relies on AMD and NVIDIA graphics chips to perform massive calculations..."
“We took into account the imperfection of Bitcoin and made some optimizations to make full use of the computing power used to mine NA coins for secondary use to solve the practical problem of never having enough computing power in the computing world. All calculation items are mainly
It comes from the legacy of promoting human basic scientific exploration, such as the improvement of the construction of an intelligent Go algorithm..."
"We will publicize all results through the NA open source platform. There is no authorization threshold. You can use it as long as you comply with the community convention..."
"We believe that this is the meaning of decentralization, using the wisdom of all mankind to promote the development process of all mankind..."
"..."
NA also defines the meaning of the name, including NA of functional nature, that is, N/A, not applicable, not available, not limited.
There is also the thermal constant NA, which is the ratio between the number of basic units (generally atoms or molecules) N contained in a sample and the amount n (unit: mole) of the substance it contains. The formula is NA=N/n
.
There is also the chemical element Na, sodium.
And the abbreviation of N card and A card.
Anyway, as long as I can think of it, NA has already narrowed down the definition.
…………
…………
Monday the 25th, ten o'clock in the morning.
Wen Liang, who is in Beijing, initiated a multimedia remote conference through the company's internal platform.
There were not many members present, mainly Li Ze, Lin Hong, Wang Wanyu and Xin Dai.
"I won't go into too much nonsense. Promoting the skyrocketing value of Bitcoin and launching the NA coin are not only the basic needs for investment banking business, but also the development needs of the group."
Wen Liang, as usual, got straight to the point.
“When the mining trend is formed through N-card and A-card, which causes the price of display chips to rise to a certain extent, Galaxy Chip will launch a separate desktop display chip to promote the application and market share of our self-developed display chips in gaming and other fields.
Rate."
"In a short period of time, we have been catching up in various businesses and have to pay more costs."
After the words fell, Xindai and the others took the lead in expressing their respective attitudes.
The recognition is unquestionable.
Li Ze also briefly expressed his attitude: "The implementation of various arrangements has been smooth, and I will resolve unexpected risks at any time."
To be honest, it wasn't Wen Liang who mentioned it, Wen Liang had made relevant arrangements as early as the end of October, or the current situation had gradually created opportunities, we didn't connect the investment banking business with other businesses of the group at all.
Yes, this is the purpose of Bolang's initiative to promote mining software based on NVIDIA graphics cards.
The influx of a large number of miners will inevitably cause fluctuations in the graphics card market in a short period of time, thereby affecting wider consumer demand. Only in this way can there be opportunities for Galaxy chips.
There is no doubt that given the general domestic environment, a large number of people will choose this speculative industry, which will also cause short-term shortages. Galaxy chips are positioned at a slightly lower end, have cost-effective advantages, and have a golden brand name, which can promote it.
.
Bolang Group has always not needed separate money, but market dominance and other things.
If we must dig deeper, what Bolang Group pursues is the energy to set standards and allocate resources.
If there is no demand and no market share, then create demand and create market share.
NA coin is also launched by Bolang behind the scenes.
In addition to further promoting global speculators to become miners and causing large fluctuations in demand for graphics cards, NA coins also have another meaning.
Faced with the increasingly prominent demand for computing power, Bolang wants to encourage ordinary users around the world to contribute their idle computing power.
The calculation part of a large part of basic scientific problems will be put into the NA coin mining process, and the calculation results will indeed be shared with the world for free.
Anyway, whoever can use it can use it. The world is like this. It is impossible for only the Bolang family to stand out...
After the matter was settled, Wen Liang made a decision directly: "Okay, Mr. Ze will be fully responsible for this matter."
"Next, our leading focus in the financial market will temporarily shift from decentralization to new energy vehicles, which requires the group's full cooperation, including but not limited to compliance issues."
"Mr. Ze, how are your regulations going?"
Faced with this seemingly sudden arrangement, Li Ze replied calmly: "No problem, don't worry, Mr. Wen."
"..."
…………
Therefore, when the global focus cannot be moved away from the carnival of Bitcoin, the target of Bolang International Investment Bank has turned to another industry:
New energy vehicles
That is, Elon, who is very good at telling stories.
-
There is still only one chapter today, but there will be three updates tomorrow. Things are a bit more busy. Before I know it, the number of words updated this month has reached 200,000. I am really tired. I almost want to finish the book with just one chapter~ Fuck