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Chapter 278 [Leeks in the coin circle]

In the trading room, Lu Ming is watching the trend of Bitcoin today. Following yesterday's short squeeze, which surged by +19.42%, today it has once again experienced a stronger short squeeze.

At this moment, the price of Bitcoin hit $16,500 for the first time, a surge of +14.83%, and it continues to rise to new highs.

The trading of virtual digital currencies such as Bitcoin is carried out 24 hours a day around the world. There is no daily limit limit. The price is mainly affected by news events, market demand and other factors. In addition, it can be said that it is greatly affected by emotions.

, so the fluctuations are also particularly large.

Several main reasons for Bitcoin to accelerate its surge in December are that Blockchain.com wallet and Bitstamp will support BCH, Open-Bazaar will also support BCH, large investors are hoarding BCH, CBOE plans to launch BCH futures, etc.

In the trading room, the assistant standing next to him was filled with admiration for BOSS. At the beginning of 2016, the price of Bitcoin was still below the $500 level and he began to lurk all the way, patiently collecting chips one after another.

In fact, from another perspective, Bitcoin chips are highly concentrated in the major trading accounts actually controlled by Tiansheng QDIE Fund. The boss sitting in front of you is the largest banker of virtual digital currency in the world, and he is a super

Qiangzhuang.

The total number of Bitcoins is 21 million, of which more than 15.8 million have been mined so far, leaving more than 5 million that have not been mined.

The major trading accounts of Tiansheng QDIE Fund currently hold a total of about 6.97 million Bitcoins, accounting for 44.11% of the scale of mined Bitcoins and 33.19% of the total scale. In other words, Lu Ming now controls one third of this

The size of Bitcoin.

The absolute number one banker, even the legendary Satoshi Nakamoto, has stepped aside.

What the assistant next to him really admires him is that Lu Ming is actually the number one banker, but his name is rarely mentioned in the currency circle. This is how deep you need to hide to reach this level!

Who would have thought that the “No. 1 Brother in Public Fundraising”, “No. 1 Brother in Asset Management” or the “No. 1 Brother” in the currency circle would be invisible?

"Chairman, I have never understood the decentralization of Bitcoin. Is the decentralization of the algorithm reliable?" The assistant couldn't help but curiously asked, is this thing really just cutting leeks?

"Is the decentralization of the algorithm reliable?" Lu Ming hit the nail on the head: "Since we are talking about decentralization, tell me who holds the majority of Bitcoin? I have one-third in my hand, Nakamoto

I don’t know whether it’s an institution, an individual, or some other random person who is holding one-fifth of the total number of Bitcoins. Satoshi Nakamoto and I are holding almost half of the number of Bitcoins.”

After taking a sip of tea, Lu Ming asked his assistant in a very simple manner: "Then let me ask you, if Bitcoin is decentralized, as the largest banker in fact, does holding so many Bitcoins in my hand count as a center?

?Is Satoshi Nakamoto considered a center? The rise and fall of Bitcoin now all depends on my mood, or if I run away now, and the chips will be concentrated in other institutions on a large scale in the future, then is this institution considered a center? Go

Centralized?”

When the boss said this, the assistant suddenly became enlightened. Sure enough, the boss revealed the secret.

Leaving aside the other problems of Bitcoin, how to solve the problem of strong bankers and high concentration of chips? There is no solution!

Nominally, more than 15.8 million Bitcoins have been mined now, but Lu Ming alone has 6.97 million in his hands, and Satoshi Nakamoto has more than 4 million. In fact, only more than 5 million are traded in the market.

There are also other institutions sharing this, and the chips are actually very concentrated.

The actual circulation in the market is pitiful, so the recent accelerated surge is easy, and the chips are highly concentrated in the hands of big and powerful dealers.

However, according to the current trend of Bitcoin, the price has risen to 17,500 US dollars, and it has skyrocketed +21.79% today.

Lu Ming clicked on the microphone in the trading hall and decisively issued the trading order: "Sell 10,000, spread it out, don't concentrate on it!"

First try the selling pressure on the market.

The traders who received the trading instructions immediately operated the trading accounts assigned to them and began to sell. The 6.97 million Bitcoins were divided among tens of thousands of accounts and were broken into zeros. This is proper "decentralization"

"Isn't it true? Only in this way can we be secretive and have a low probability of being discovered.

Yesterday's transaction volume in the Bitcoin market was the second time in history that the intraday transaction volume exceeded 10 billion US dollars, reaching 12.656 billion US dollars. The first time was on November 29, with a transaction volume of 11.569 billion US dollars.

Today's transaction volume will inevitably continue to increase.

"Leave another 10,000!"

"Go on, come out with 10,000 more!"

"Keep going!"

In today's trading floor, hundreds of traders only do one thing, which is to sell Bitcoin and gradually realize profits.

Because there are too many accounts, shipping is troublesome. Using calculations to perform quantitative operations on major accounts is certainly efficient, but the traces are relatively obvious.

Run away, run as low-key as possible.

Trading continues. Bitcoin trades 24 hours a day, which means endless shipments. During the peak trading period, when the mood is good, sell more points, and vice versa. When necessary, you have to protect the bottom market and sell while pulling in.

Lu Ming laid out the operation plan. At this moment, the trading volume had reached 45,000, and transactions were still continuing. He looked at it for a while and then left the trading room.

This shipment plan is to sell 3 million pieces. It will take 25 trading days to sell an average of 120,000 pieces in one day to complete the shipment target. If you sell too much in one day, you will not be able to sell it, and it will collapse the market.

Sentiment, this is still in the context of Bitcoin’s daily turnover of tens of billions of dollars.

Without trading volume, goods cannot be shipped.

As the day ended, the price of Bitcoin reached a maximum of $17,899.7, a surge of +24.57% today, and the trading volume throughout the day exceeded a record high of $17.951 billion.

Tiansheng QDIE Fund sold 156,200 Bitcoins today, with an average transaction price of US$17,282, realizing a profit of US$2.7 billion regardless of transaction costs.

In the following days, the cash flow rate will basically remain at more than 2 billion US dollars per trading day.

After selling these 3 million Bitcoins, Lu Ming will not absorb more chips if the price plummets later. The reason is also very simple. Only by letting more people come in to play and carry the sedan chair can Bitcoin’s value rise.

The prices are skyrocketing, reaching the atmosphere. Only the remaining 3.97 million units can be sold at a better price and all profits are eliminated.

From the day Lu Ming shipped the goods, Bitcoin hit a record high of 18,353.4 US dollars the next day and then began to fall, diving to 15,850 US dollars in two days.

There was no other reason for this sudden plunge. Lu Ming suddenly failed to accept the shipment and was knocked down. Then he quickly bought and pulled up to pick up the rhythm. After his mood quickly recovered, he continued to sell, secretly pulling up while

Distribute chips.

Bitcoin is actually currently highly controlled by Lu Ming. He is the largest banker and the leek in the currency cutting circle.



However, while Tiansheng QDIE is enjoying a happy harvest in the currency circle, the withdrawal layout of the domestic capital market is also continuing to advance.

Since December, small and medium-sized investors who have just started from small and medium-sized enterprises and cut their flesh from the brokerage sector to embrace the big butt have been trapped again, and generally they have been trapped by more than ten points.

If you don’t buy anything, everything will rise; if you buy something, everything will fall.

The human world is extremely real.

What other bad intentions can Big A have?

After being trapped, most people simply pretended to be dead, because stock investors found that since they were being fucked for everything they bought, they no longer wanted to do anything, so they either lay down and pretended to be dead, or they closed their accounts and delisted.

But after being delisted, I was unwilling to give in.

Big A is such a scumbag, but stock investors have been holding on to it for ten years, harboring hopes and fantasies that it can get better. They shed tears and feel ashamed when they see it.

But goose...

When the trapped investors threatened to lie down and pretend to be dead in blue chip stocks, even if they died, they would die on the big blue chips, they were shaken in less than ten days, and what shook them was a beautiful country from across the ocean.

On December 13, the Federal Reserve announced its third interest rate hike of 25 basis points this year, raising the federal funds rate from 1%-1.25% to 1.25%-1.5%, officially confirming the U.S. dollar interest rate hike.

As soon as this major negative came out, the entire market panicked.




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