legendary trader

Chapter 895 896 is Gambling

Zheng Xiaopang said: "According to my calculations, the number of bitcoins produced now is about 2 million, not more than 3 million. The number should be more accurate. I calculated it based on the number of blocks. "

"I found that we have also overlooked a problem, that is, the output. We purchased a batch of computers to grab bitcoins. Only by controlling this thing as much as possible from the source can we control the price."

When Chen Fan heard Zheng Xiaopang talking about production, he suddenly realized something. They had ignored the newborn bitcoins before.

"The investment in this computer group, we do it ourselves, so we won't cooperate with them. The main reason for looking for Brother Wang and them is to see if they are interested in participating in this matter, and give some shares of the exchange."

Chen Fan said.

"This is fine, we invest in the coin mining ourselves."

Zheng Xiaopang nodded and said, "I really ignored this before. Judging from the difficulty of mining coins now, there are really many people coming in to mine bitcoins."

"Show a few people from Shencheng to study and see how to improve the efficiency of coin mining. I don't believe it. There is no trick in it.

As long as you find the trick to grab coins, you can mine coins faster. As long as you can control the newly produced bitcoins, the price is not up to us. "

Chen Fan nodded and said, he really didn't realize this problem before, and it was only when Zheng Xiaopang mentioned the output that he suddenly realized that before all the 2100 million bitcoins came out, it would have the biggest impact on the market The most likely is that new coins will be produced every 10 minutes or so.

The current price is cheap, and they don't even divide the price, but if they can control the price in the future, I'll rub it, and encounter a stock with unlimited issuance, how can I play?
Along the way, people kept throwing high positions, and they couldn't control it at all.

In fact, last night, Chen Fan had already regarded Bitcoin as a stock that could barely maintain the company's operations. The biggest disadvantage of this thing is that the market is small, only 2100 million shares, and there are quite a few stocks It is in the limited sale period, and very few have entered the circulation market.

In fact, at this time, Chen Fan didn't realize at all that he wanted to play a handful of coins on a whim, and what would happen to him in the end.

He has roughly explored the mentality of the players who come to play Bitcoin now. The main reason may be that the current currency is cheap, and you can get a lot of it for less than a few dollars.

In addition, computers have become popular, and many people have bought a computer at home. When they are free, they play games on the Internet by themselves, and when they are resting, they hang up the computer to dig coins.

For such a thing that has no real meaning, Chen Fan thinks that it is mainly interested.

Don't look at people who are drilling into it now, but after playing for a year and a half, the enthusiasm is probably gone.

However, as long as the price of this thing can be manipulated to jump up and down, it is estimated that many players can still be retained.

I haven't seen the "big banker" game launched by the game in Shencheng, and I feel that there are not many players, but every time the game stocks open, there are still many players who will go online on time and speculate a few.

At this moment, Chen Fan still regards Bitcoin as a game.

Pure games can attract players to play, so this game linked to real currency will attract more people to play.

It doesn't matter if old players lose interest and leave the field, as long as new players are attracted to come in.

"One more thing, what about the coins in our hands?"

Zheng Xiaopang is also thinking at the moment, the prospect of Bitcoin is very confused, but he always feels that if this thing is done well, the benefits will not be small.

"That batch of coins belongs to us. We are the first to win the business of establishing a computer group to mine coins together."

Chen Fan thought about it and said, "I guess Second Brother Wang and the others don't think much of those things, so if you do the math, it's worth less than [-] yuan.

Playing this, I mainly want to feel what it feels like to open an exchange.

When I played Enron last time, I knew that they used a similar market maker system to control energy prices in the United States, and I was a little itchy.”

On Saturday night, a group of people finished their meal in the private room, and the atmosphere of drinking and drinking was just right, so Huang Tian yelled and went upstairs to change the program.

"Let's find a quiet place to talk about something first, and let them play."

Chen Fan moved to Second Brother Wang and whispered.

Hearing what Chen Fan said, Second Brother Wang, who was planning to go upstairs, stopped and looked at Chen Fan with a questioning look in his eyes.

But Chen Fan didn't say much, but shook his head.

Soon, the people in the room were divided into two groups. Huang Tian led a group of people directly upstairs to have fun, while Chen Fan and Zheng Xiaopang took Second Brother Wang and Zhang Jianjun to find a secret tea room to sit down.

After the tea artist brewed a pot of tea, he was called out. The four of them sat around a small coffee table and began to sip the freshly brewed tea.

"What's the matter? Tell me."

Second Brother Wang took a sip of the tea, but instead of savoring the long aroma of the tea, he asked directly.

Chen Fan and Zheng Xiaopang looked at each other, and then Chen Fan said, "Second Brother, Brother Jun, have you heard of Bitcoin?"

"Bitcoin? What is that?"

Second Brother Wang said in surprise, and then looked at Zhang Jianjun again, as if he was asking Zhang Jianjun if he had heard of this thing.

Zhang Jianjun shook his head first under the gaze of Second Brother Wang, then seemed to think of something, looked at Chen Fan and asked, "Are you talking about that thing that was produced on the Internet? By the way, fat, is it just you playing?" that thing."

"Fatty knows?"

Second Brother Wang shifted his gaze to Zheng Xiaopang at this moment, and asked in surprise.

"Hehe, I thought it was fun at the beginning, but after seeing some foreign people starting to trade it, Chen Fan came up with an idea, which is what we are going to talk about tonight."

Zheng Xiaopang said embarrassedly.

After all, Chen Fan noticed Bitcoin because he used his spare computer to mine coins. As for the later question about Bitcoin transactions, Zheng Xiaopang knew that it was because Chen Fan had nothing to do and wanted to ridicule himself for not doing his job properly.

It’s just that there are more and more people participating in playing coins, because the difficulty of mining coins is increasing, it seems that the price of Bitcoin is bullish, and now the transactions in the currency circle are also very cumbersome, so I thought of establishing an exchange to trade in the middle, as for other Everyone tacitly.

So, Chen Fan began to explain the origin of this Bitcoin to Brother Wang and the others, because it was a bit mysterious, and they still haven’t figured out who came up with this game of Bitcoin. The person who posted the article used Satoshi Nakamoto’s The name doesn't look like a Chinese name, but more like an island name.

But it doesn't matter, anyway, this thing was born like this.

When talking about the production process of Bitcoin, Chen Fan can only say according to his own understanding, a large group of computers all over the world are competing to guess the random number, and if they guess correctly, they will get different Bitcoin rewards. Second brother Wang and Zhang Jianjun both felt amazing about the production process of Bitcoin.

But at this time, in their hearts, they have already determined the nature of this thing called Bitcoin, which is a useless thing.

For players, flocking to them may not even count, it seems to be supported by interest, and maybe there is an element of showing off in it.

No one else can dig it, but my computer at home can dig it, which can only show that I am lucky.

If the computer is not a branded computer, but a compatible computer designed and assembled by oneself, well, you can also brag about how awesome your installed computer is, and you can win the competition of tens of millions of computers. What does that mean?
Build-your-own computers outperform, at least in terms of performance, the computers many people use.

Chen Fan continued to explain, and Zheng Xiaopang also inserted a few words from time to time, adding to what Chen Fan said was not very clear.

But it seems that the effect is not very good. Anyway, it seems that my cousin and second brother Wang seem to have heard it in a fog, and they haven't woken up yet.

However, this situation completely changed after Chen Fan said that the value of Bitcoin continued to rise.

"Wait, what do you mean to say, because entering now means that there are more people who are new to join in to play Bitcoin, and now the difficulty of mining coins has also increased, just because there are more people participating, so the price of Bitcoin is now almost Doubled in a month?"

Zhang Jianjun suddenly asked, at this time, Chen Fan was talking about the transaction situation in recent months that he heard from Zheng Xiaopang.

From the initial exchange of pizza to the later cash transaction, the value of the currency has naturally risen from 2% to 5%, and the price will continue to rise according to this trend.

After getting Chen Fan's affirmative answer, Zhang Jianjun just frowned slightly, while Second Brother Wang didn't show any special expression. He still had the cynical look at the beginning, and didn't seem to listen much.

Speaking of transactions, Chen Fan naturally began to talk about how the doubling of the increase came about. It actually used the most advanced Internet technology to bid prices online, and then conduct transactions through communication between the two parties, online or by phone, to confirm Bank account, transfer money and transfer bitcoin.

After such a cumbersome transaction, players who seem to be playing Bitcoin are still enjoying it, and they all speculate on the price.

"What's your idea?"

Zhang Jianjun frowned and listened for a while, and did not ask until Chen Fan had explained the transaction process thoroughly.

"I discussed with Zheng Xiaopang and planned to build an online trading platform, or a bitcoin exchange, which specializes in online trading of such things, similar to a stock exchange. We will follow the transaction and process the transaction. Charge some handling fees."

Now that the words have come to this point, Chen Fan will naturally not hide it, and speak directly.

"Can the current trading volume support this trading platform?"

Zhang Jianjun is a little uncertain about the prospects of this bitcoin, but he should first consider from the perspective of business management, first consider whether the market can bring profits to this project, at least not lose money.

"Now such a troublesome transaction can support the price of Bitcoin. With an exchange, the transaction will be more convenient and faster. I think there will be more players who take out Bitcoin for transaction, and with the already produced and new products With the increase in the number of bitcoins coming out, the transaction volume in this market will be very large.

With this trading platform, buying and selling is convenient, and it will bring more players.

I believe that there must have been many players who wanted to spend money to buy a few bitcoins before, but they gave up consciously after seeing the cumbersome transactions, because it was too troublesome and the cost was high, which is far from being reflected now The cost of 5 per cent. "

Chen Fan considered the phone calls after the transaction and the cost of exchange rate exchange, transfers, etc. In fact, the buyer paid to get the bitcoin was higher than the figure they saw.

Zhang Jianjun just shook his head when he heard this, noncommittal.

Obviously, there are still doubts about the transaction volume of this thing, and now that the currency value is so low, how much transaction volume is needed to support the operation of this platform.

However, Second Brother Wang, who seemed not to care much before, suddenly asked, "Are you targeting global players? Online trading platform, do you want to monopolize global bitcoin transactions?"

Hearing what Second Brother Wang said, Chen Fan and Zheng Xiaopang both nodded in unison.

"With this idea, the transaction volume was small at the beginning, and we paid some money to buy some bitcoins on the platform. As long as we gain the trust of players, everything will be easy.

I believe that at that time, global coin mining players will gather on this trading platform to sell their bitcoins.

And those who want to buy bitcoins to play can only come to us and buy bitcoins through transactions. "

Zheng Xiaopang said aloud.

"You can play by yourself. It seems that the business is not big, and you will lose money if you make trouble."

Second Brother Wang said with a smile on his face.

"As long as there is a trading platform, even if the number of bitcoins traded every day is still small, as long as the unit price of bitcoins is increased, income can be increased. With things in the open market, the price is not determined by capital."

Chen Fan doesn't think he will lose money, because in his opinion, this is actually a small-cap stock. It's just that many stocks are still restricted from trading, and it will take a while for small-cap stocks to be released slowly.

"You want to fry this?"

Second Brother Wang regained his energy now, stared at Chen Fan and asked.

"There are about 2100 million of this thing in total, and it will no longer be produced after production is over. 2100 million shares, the plate is very small."

Chen Fan replied lightly.

"Aren't you afraid of smashing your hands? You buy a lot to push up the price. When the time comes, the players lose interest and leave?"

Second Brother Wang asked in surprise.

"Second brother probably doesn't play games very much, and he doesn't know much about the current game market. Keyuan Investment doesn't seem to invest in companies that make games. I probably don't know the situation here. In fact, it is somewhat similar to Bitcoin players.

A game player only has so much vitality in playing games. After a long time, if he gets tired of playing, he will choose to leave and change to another game.

In my opinion, Bitcoin is similar to games. Players will get tired of it one day, but the prerequisite is that there is nothing to look forward to.

With the exchange, the price of bitcoin is changing at any time, high for a while, low for a while.”

When Chen Fan said this, Second Brother Wang had already waved his hand and interrupted him.

"I understand what you mean. In fact, it is to take advantage of people's natural gambling nature. You use the fluctuation of Bitcoin price to attract those people. It is actually similar to stock speculation, but your thing is actually far from stocks. Holding a part of the rights and interests of a listed company, this thing of yours is useless."

(End of this chapter)