Chapter 12
start of boom
Ethereum, Ripple.
He waited while investing his entire fortune of 100 million dollars in half.
I bet on people’s greed, and I thought I had to wait a week.
〈Bitcoin slows down, Ripple runs fast〉
〈Surge of Altcoins such as Ethereum and Ripple〉
<Other virtual currencies such as Ethereum continue to soar>
〈Ethereum Report Achieved〉
〈27% rise in the value of Ethereum, the 2nd place in virtual currency〉
Coins that fell due to government tax announcements and regulations surged.
Ethereum 32%, Ripple 16%.
‘The response came so quickly?’
Although it succeeded in predicting people’s greed, it could not accurately match the speed and size.
$16 million in Ethereum alone and $6 million in Ripple.
There was a lot of profit because the investment was large, but the thrill of being successful in the investment pushed me beyond that.
‘My judgment was correct.’
The joy that the prediction was correct.
After working at the company in the morning, I went up to the rooftop with my co-workers.
“Also. Bitcoin doesn’t keep falling. I knew you would rebound.”
“It went up 14% today! This is the result of betting on fear. Bitcoin has become the mainstream of the future.”
building roof.
I overheard conversations between employees of other companies who work in the same building.
It may not be pleasant from the company’s point of view, but coins were the center of attention among Gangnam office workers who are interested in financial technology.
― Haha Our youngest employee left the company after earning 4 billion won.
―The manager took out a loan for an apartment and put the severance pay into EOS. After making a fuss over his wife’s divorce, it tripled and had a happy ending.
―An employee of our team wrote a letter of resignation. The reason is that Bitcoin soared.
A story that is talked about among office workers like an urban legend.
Chief Seo smiled broadly and said.
“Chief Kim. I listened to you and invested in Ethereum, but Ethereum rose by 30%. I didn’t know you could really eat 30%.”
Team leader Seo thanked me.
I’m not usually the type to say thank you.
I remember saying thank you to Kim Sang-ki for recommending hair loss medicine last year.
“I was lucky, well.”
“Luck is skill in today’s world. It was a plate of coins that fell all the way, but thanks to you, I went in and ate it. I put 2,000 in Ethereum. How much do you regret not adding more? Thanks to that, I was able to change my fishing rod. haha.”
Office workers are investing their emergency funds in coins.
If the coin investment is successful, a lot of various hobbies and household goods will not be sold.
“Thank you sir.”
“Kim Shin, motivation for joining the company. Thanks to you, I kept my severance pay.”
Other employees also thanked them.
200, 300. There were many who invested even a small amount.
“But when can I sell it? It has risen a lot in a short period of time, so I can sell it soon, right?”
Kim Sang-ki asked seriously.
In my case, I had an absurd rate of return of 10,000 times, but usually 20 or 30% is a very high return.
In a few days, I achieved a rate of return that was difficult to obtain even if I did stocks all year round.
Of course, I did not intend to take full responsibility for the investments of my co-workers.
“Investment is at your own risk. I just told you the coin I bought.”
“Yeah, you know. Even if I lose, I have no thoughts of resentment. I listened to your advice and ended up following it. But anyway, are you going to sell it now?”
“no. not for sale.”
“really?”
Ethereum and Ripple surged.
It is because of the prospect that the coin market will not shrink significantly despite government regulations.
This has solidified the speculation that market greed is still rampant.
“I think it will go up a little more.”
“okay?”
We ate kimchi stew for lunch, and it was afternoon.
While I was at the company, I did not check the price of the coin, but my colleagues at work seemed to check it from time to time.
While I was working, a hand hurriedly tapped my shoulder.
“Yes. manager.”
“Let’s talk for a minute.”
Following team leader Ahn, I leave the office and go to the elevator.
The rooftop members usually gathered in groups of threes and threes before joining.
“Kim Shin, my dear colleague!”
Kim Sang-ki hugged me while crying.
It was to the point where I could feel the frustration of how tightly he hugged me.
“It’s great, Dae-ri Kim.”
“Kim Shin. I was only counting on you!”
“Congratulations!”
My co-workers say incomprehensible things.
“Invitation! I don’t know how much I made because of you!”
“what?”
“ripple!”
“what. What is it?”
I listened to the explanation belatedly and understood the situation.
Ripple’s transaction price was 349 won based on the domestic exchange until just before going to work at the company.
Now it costs 599 won.
A 70% increase in just a few hours.
When the price of the coin board rises, the word soaring is commonly used, but it really soars!
‘Oh My God. Was 70% possible?’
If it is 70% in one day, what is the rate of return?
‘In the morning, Ripple’s valuation was around $58 million, and if it goes up by 70%… … How much is this?’
I’m not good at arithmetic, so I multiply and add separately.
‘Do you add $40.6 million, or $98.6 million? Ripple alone is close to $100 million in total.’
There is a fact that I realized while playing coins for a short time.
Greed is out of control once triggered.
Wealth is increasing so fast that we wonder if this is okay.
“Ha ha ha, that was great. I put 40 million won in Ripple! If you add up what went up yesterday and today, you earned an annual salary!”
“congratulation. I’ll buy ripple too. I was just fooling around with Ethereum.”
“I’m glad I bought it for even 8 million won.”
“What about Team Leader Seo?”
“Ah, I thought Assistant Manager Kim told me two days ago. I’m 70% ethereum. I put less ripple in it.”
“But I really didn’t know that Ripple would be super popular.”
“Iknow, right. It was a coin that was quiet even when other things went up.”
In the coin game, how much someone else earned was a big concern.
Kim Sang-ki asked me.
“How much have you invested in Ripple?”
He was driving an expensive car, and rumors of a fortune of 2 billion were spreading throughout the company.
As long as they looked at me that little, I didn’t bother denying it.
I hate to lie, but it’s impossible to answer honestly.
“Ethereum 1 billion, Ripple 1 billion.”
“really? You invested that much?”
“yes. Actually, a little more than that.”
“Chief Kim. It’s been great. Let’s see, then didn’t you make at least 700 million this time?”
“If you take into account Ethereum, I think it will be 1 billion.”
The basic unit has changed so much that I couldn’t bear to tell them that I earned close to $100 million.
* * *
I stayed on the roof of the company a little longer even after my co-workers went down.
I’m drinking hot coffee in the cold wind of midwinter.
Manager Ahn tapped me on the shoulder.
“congratulation. I made a lot of money with coins.”
“Yes. Thank you. manager.”
I thought it was an everyday celebration, but it wasn’t.
“You’ve been watching Assistant Manager Kim ever since he joined the company. Other people don’t know, so I know. As rumor has it, Assistant Manager Kim is not someone who will buy a Ferrari with 2 billion won.”
“ah… … .”
“I must have earned a lot more than that. is not it?”
“That’s right.”
My personality was such a bit of a bitch.
Team leader Ahn, who knows me well, must have guessed that I would have made a lot more profit than rumors.
“Don’t worry, I won’t tell anyone. Still, it must have earned over 4 billion. If I knew Deputy Manager Kim, no matter how much I wanted to buy a car, I would not have spent more than 10% of my property.”
“… … .”
In reality, I didn’t even spend 1% of my wealth.
If I had 10 billion won, I would never have bought a Ferrari.
There were quite a few people I got to know through college and social life.
Co-workers and doctors and nurses.
Team leader Ahn was the one who helped me a lot. He seemed to be able to listen to the trivial concerns of these days.
“manager.”
“uh.”
“I did make money with coins. But I don’t know what to do in my life until now.”
“Do you know how to do it?”
“Since I was young, I haven’t had many hobbies, and I’ve never really fallen in love with anything. I don’t think I had any dreams or passions. It seems like I’ve lived my life earning money to live on, and even so, making money is the most fun. Can I live like this?”
I was always envious of other people.
I admired the passion of people who dedicated their lives to singing.
Sports and martial arts are also good.
How happy I would be if I worked hard at something and lived with it for the rest of my life.
I have grown old and lived without having a dream, so I am worried about how to live in the future.
“Most of those things are dog dreams.”
“Yes?”
“Maybe it’s because I’m a social person who gets dirty as much as possible.”
Team leader Ahn put a new cigarette in his mouth and lit it.
“It’s nothing to brag about, but I’ll tell you my story. My father’s dream was to make me a golfer. I started playing golf at the age of 10 and practiced with the support of my parents. Let your palms swell. To the point where it bruises and the calluses fall off. I also really liked golf.”
“Isn’t it cool that you worked hard at what you love?”
“Every time I go out on the field and take lessons from a teaching pro, it costs a lot of money. That’s why my parents’ backs were bent.”
“… … .”
“My parents supported me by pulling up the pillars of the house, and I played golf until I was in middle school, but my skills didn’t improve as much as I tried.”
“I see.”
“Those who learned later than me come up fast. I go to bed and wake up every day, but it’s a living hell because of the pressure. In the end, I felt the limit and gave up… … It was only then that I was able to lighten the load on my parents a little.”
Team leader Ahn smoked a cigarette with his brow furrowed, perhaps thinking of those days.
“Happiness is when you have a dream. The process of challenging to achieve my dream is also happy. But how many people will actually achieve their dreams?”
“There won’t be much.”
“This world is a series of competitions. The guy who really lives as he pleases is probably one out of ten or one out of a hundred. Living with a broken dream is really painful.”
A person who has worked hard on something.
I only envied people who had dreams, but in reality there were far more people who failed.
“Chief Kim.”
“Yes.”
“I don’t know if I’m thinking like this because I’m tired of society. The world is a really beautiful place if you have a lot of money. dream? What you like, whatever you live for, comes to life. What would you do if you had money at that time?”
“You can do whatever you want.”
“A petit bourgeois like me can just go to the baseball field with the kids on the weekend. But chaebol presidents run baseball teams as a hobby.”
“It is.”
“If you are a baseball fan, you want to have a baseball team. when you’re on a plane? First class, business class, who doesn’t know what’s good? They’re looking for low-cost, last-minute tickets to save a penny.”
“yes.”
“This is reality, reality. When you have money, the treatment you receive from people changes. So if you have a lot of money, you can slowly think about what you want to do. If you want to have fun, have fun, and you can do whatever you want.”