"I know they will make a lot of money." Qin Feng said calmly, "but in your opinion, what is the estimated price in their heart?"
Damon pondered.
"I mean how many dollars a piece. You have been on Wall Street for so many years, you should be very clear about their price estimates. Even if there are differences, it''s not far away. You''re overestimating. " Qin Feng said frankly.
Damon calculated silently.
"In my opinion, bitcoin can be fried up to $800-1000. But they are investment banks. They can get $3000 a piece. " Damon said.
3000 dollars a piece, which is a sky high price.
You know, this is just a worthless virtual currency.
It has no output and completely depends on computer mining.
In this case, does the other party need cost to hype up? unwanted.
Of course, electricity and labor.
This is not too big.
The electricity bill is a little more, but the labor cost is very little. We just need to check it at an appropriate time to see if the computer crashes. In this regard, the cost is really low.
The total output of bitcoin is only 25 million. If one is worth $3000, the total market value will exceed $75 billion.
This is a very amazing number. For those investment banks, of course, they can''t get so much. But even a little, you can make a lot of money.
There''s no problem making a few hundred million dollars less.
Don''t think this figure is very small. It seems that these major investment banks earn hundreds of millions of dollars after hard work, which is too little.
In fact, it''s good to have hundreds of millions of dollars in income in one investment. In particular, the cost of this investment is very small. You can exchange hundreds of millions of dollars for hundreds of thousands of dollars.
In the view of investment banks, this is already the most cost-effective transaction in the world.
As an investment bank, it is very clear that the greater the interest, the greater the risk.
Any benefit is linked to risk.
This has been regarded as low risk and high investment.
Why aren''t they satisfied?
Only the poor want to be fat in one breath.
As everyone knows, when you become fat, the danger also comes.
Maybe you got away with it this time, but what about next time? Maybe it failed.
And too big bets often dissipate the wealth accumulated by past efforts.
"3000 dollars!" Qin Feng grinned, "Damon, it''s too little, too little."
"How much do you think it can rise?" Damon looked at Qin Feng.
"I say it for fear of scaring you." Qin Feng said with a smile.
"5000, no, 8000 dollars?" Damon stared at Qin Feng.
Qin Feng smiled.
It''s only $8000. Do you still need to be so enthusiastic.
"You don''t think it will rise to $10000!" Dimon''s eyebrows are like Tongchuan characters.
Qin Feng''s eyes turned white directly.
"Isn''t that enough? 15000? " Damon gasped.
"Damon, I spent so much energy for so little money?" Qin Feng asked.
Damon is not calm at all.
"Don''t say it will rise to $20000!" Damon Tucao, "how can this make complaints about a virtual currency, 20 thousand dollars, 25 million dollars? The total value is 500 billion dollars!"
That''s $500 billion!
How is that possible.
Can it be so valuable?
"Why not. The total number is 25 million. What needs it is all the illegal transactions in the world. In this world, where there is sunshine, there is darkness. " Qin Feng said faintly.
Damon took a deep breath.
"If so, they will regret it." Damon turned his mind. "Then they may catch up again halfway. But in that case, they are bound to fry it higher. But to a certain extent, there may be an avalanche! "
"What do you say?" Qin Feng''s mind moved.
"When they first fired it to $3000, they thought they had made a lot of money. This will make them look good on the company''s annual financial statements. However, it was soon found that something was wrong and the rise was even worse. On the company side, there will be some gossip. In particular, the higher the rise, the worse the evaluation of them. " Damon said.
In the financial world, you can only succeed, not fail.
Because no matter how many times you have succeeded before, as long as you fail once, you will leave and fall into the world. The financial sector has never believed in heroic counter attacks. The financial community only believes that the king is invincible. A loser is not a loser.
"Assuming $3000, they''ll do it. Then it rose to 40005000 and collapsed. They are all heroes. But if they keep rising, up to 6000, they will be questioned. Because they misjudged the situation. If they reach 7000, they will lead to high-level questions. If it reaches 8000 and the momentum is still rising, their evaluation will be very poor. " Damon said.
"If you go up to $10000, they will come in if they want to restore their personal reputation. Of course, it will never enter the site at $10000, but in advance. At that time, they will try their best to make a big profit. At that time, if it collapsed, I''m afraid it would be an avalanche. " Damon said, "in that case, will bitcoin be abandoned by its holders?"
After all, this is a virtual currency that Dimon has never touched. He can only ask Qin Feng.
"No." Qin Feng shook his head, "because the people who need bitcoin are not us, but the people in the world whose assets are unknown and hidden in the sun. They need it. As long as there is need, there is value in existence. "
Damon nodded.
This is indeed different from the currency he used to contact. In the past, money was because everyone needed a trading platform and trading tools. So it exists. But because there are many kinds of currencies, people will consider more valuable currencies for trading.
For example, the world will trade dollars, not Zimbabwean dollars.
Although the virtual currency is also because of people''s demand, its demand is not because of the need for this currency transaction, but because of some unknown secrets.
As a result, no matter how the currency collapses, it has its value.
Unlike the currencies of some countries, when they fall to a certain share, they are directly abandoned and not used.
Previously, Dimon worried that bitcoin would be damaged by these investment banks.
Qin Feng worked hard and was finally broken by the investment bank. That''s a pity.
Now this analysis, no matter how you play, it can''t be broken. Because there are a lot of people in need. Including those in investment banks, they also have some invisible money.
Bitcoin is undoubtedly the most appropriate. Since it is the most appropriate, they are not afraid to play bad bitcoin.
On the contrary, perhaps their behavior will make bitcoin more valuable.
After all, Qin Feng and he can''t make people believe in a virtual currency. Only these big investment banks can do it.