I stole someone else's ticket to rebirth

Li Yang originally thought that Li Xiao would not sell Bitcoin anymore because the Bitcoin price was rising very well.

As soon as he arrived at the teahouse, Li Yang saw a Jiying car.

After seeing Li Xiao and discovering the NFC key of the Jiying car, he knew that the car belonged to Li Xiao.

There are not many Jiying cars in Beijing. After all, the service center here has just been completed, and only about 20 to 30 cars are delivered every day.

In a huge city like Beijing, you might see one every half a month, even if you drive on the road a lot every day.

Anyway, this was the first car Li Yang saw.

After Li Yang came in, he smiled and said, "Congratulations, brother. You are now worth hundreds of millions of dollars."

Li Xiao quickly said, "Brother, you are too kind. Although the price of Bitcoin has gone up, the trading volume has not increased. Even if I want to cash out, I can't."

This is why Li Xiao came to find Li Yang today.

Bitcoin has indeed risen, and his net worth has also risen.

But it was still the same as before, the transaction volume was insufficient, he had to act secretly, and it was ok to sell dozens of them a day, but if it exceeded two or three hundred, something bad would easily happen.

You don’t need too many. Just sell 300 pieces every day for a month and the market will be under pressure.

After all, only a few thousand bitcoins are traded on the entire network every day, and occasionally there are 10,000 or 20,000. The transaction volume always hovers between several million US dollars and 20 to 30 million US dollars.

If you really want to ship out 20,000 or 30,000 pieces, you still have to trade privately and not enter the market.

Li Xiao has studied Bitcoin for so many years and knows better than anyone that at this moment, if large-scale cash is drawn out, the popularity that has been gathered with great difficulty will inevitably collapse.

No one comes in to play anymore. Even if they cash out, they can only get back their investment or make a small profit. The remaining bitcoins will be left in their hands.

Li Yang asked: "I see that the Bitcoin transaction volume has doubled compared to last year. Should this be convertible into cash?"

Li Xiao said helplessly: "But the price of Bitcoin has tripled, and relatively speaking, the volume has shrunk this year."

He didn't believe that Li Yang didn't understand.

Li Yang said, "This is a good thing. The volume is shrinking and the price is rising. From the perspective of the stock market, it means that there is a promising future. A big market is brewing. I have to congratulate you on your net worth exceeding 1 billion or even 2 billion US dollars."

Li Xiao must also know that at this point in time, Bitcoin is just lacking an opportunity.

After Li Yang sat down, he immediately said, "Brother, I want to sell another batch of Bitcoin."

Li Yang was surprised and said, "Brother, you shouldn't be short of money, right? I feel like Bitcoin will definitely go up to 2,000 US dollars or even higher. If you sell it now, don't you feel like you're losing money?"

Li Xiao said seriously: "I feel that Bitcoin can reach 20,000 US dollars."

"Ah? Then you shouldn't sell it."

Li Yang still didn't understand what this guy wanted to do. He had such great confidence in Bitcoin, and he came to him?

Shouldn't I regret selling myself 15,000 coins?

I spent less than $4 million in total, and now those bitcoins are worth $15 million.

Li Xiao's expression became more serious. He said word by word: "I want to build a platform, but I'm short of money. I want to find a brother to join me."

Li Yang quickly waved his hands and said, "No, this won't work. It is illegal to speculate in virtual currencies in China, and it is even more illegal to build a platform. For this kind of thing, you should find someone else."

Li Xiao is really brave.

Things that I didn’t dare to do in my previous life, I dare to do in this life.

In essence, Li Xiao is a madman, so it's not surprising that he has such thoughts.

But Li Yang doesn't need to do that.

Can you make money by running a Bitcoin platform?

It’s so fucking profitable.

Even if you have no idea about the future trend, it is easy to make tens or hundreds of billions of dollars because in two years, the trading volume of Bitcoin will be too large.

Just like securities firms, why are securities firms the first to move the market in a bull market?

There is fierce competition among securities firms, with hundreds of them listed on the A-share market alone. If a Bitcoin trading platform were to take off, it could take up at least 30% of the market share.

In a market with daily trading volume of billions of dollars, what does a 30% share mean?

The transaction fee for Bitcoin contracts is generally 12,000 for placing orders and 15,000 for taking orders.

Based on the minimum daily trading volume of US$2 billion, the daily transaction fee would be US$1.4 million.

It is not uncommon for Bitcoin platforms to take up 30% of the market share. Platforms that often go bankrupt usually have a 10% to 20% share. If Li Yang wants to do it, he will never let it go bankrupt once.

Gradually you will be able to expand your share.

Bitcoin is traded year-round, earning at least $400,000 a day, which is more than $100 million a year.

This is still a small amount.

In fact, in two years, Bitcoin will become extremely crazy, with daily trading volume exceeding 10 billion US dollars, and even on a certain day, the trading volume may be close to 80 billion US dollars.

Average daily turnover is 20 billion US dollars, easily.

That way... you can make $1.5 billion or $1.6 billion a year.

Moreover, there is no necessary connection between contracts and spot trading. Bitcoin contract trading is larger than spot trading, even several times larger.

For example, Binance’s Bitcoin contract trading volume averaged US$2019 billion in 2021 hours in . In , the daily trading volume even exceeded US$ billion.

Of course, including Bitcoin contracts and spot, their market share is only 50%.

This is also the reason why the CEO of Binance was willing to be fined $7 billion. Money is the most thing he has.

If you take advantage of the platform's power and secretly take over a batch of contracts, the profits will be even greater.

For example, now, if someone opens a short contract, the platform will take it directly, and when the other party’s position is liquidated, the platform can smoothly take the money.

It's not against the rules, it's just an internal privilege that allows you to be quicker than others.

If someone opens a long order at this time, the platform will not care and let other players take over the contract, only earning the handling fee. If the long orders make money later, the platform does not need to pay.

This is the most perfect.

Bitcoin fluctuates greatly, with big fluctuations every year, and you can easily make a lot of money with the help of those contracts.

In particular, the larger the platform's market share, the more contracts there are, and the more opportunities there are to take action.

He acts as a referee and plays on the court himself, and he is not afraid of any rules.

Before Li Xiaolai came, he thought that Li Yang would definitely refuse, so he said, "You don't have to show up, I can do it myself. You pay the money and I pay the Bitcoins. We will each have half of the share. Even if something really goes wrong, it can't be traced back to you, and I will take all the blame."

Li Yang refused again without a second thought: "Forget it, forget it. I don't like to do anything illegal or criminal."

Li Xiao was silent.

He has given in very much.

But he doesn't know many rich people, and even fewer rich people are willing to cooperate with him.

He also knows Yu Minhong, who is worth tens of billions, but they can't get along at all now.

Li Xiao finally said helplessly: "Then I will sell another 10,000 bitcoins to you, brother."

After selling, he made back his money. The current market no longer needs him to support the market.

It’s a pity that if you miss this opportunity, it will be difficult to follow up.

During the rising phase of Bitcoin, running a platform is the most profitable. He believes that within a few years, the trading volume will definitely increase.

Li Yang thought about it and said, "How about this, brother, sell me 20,000 coins, and I'll introduce you to someone. Maybe she'll be interested in your idea of ​​building a platform."

Li Xiao was shocked.

He thought he had lost this opportunity in his life...

"it is good!"

……

Just like that, on the third day, Li Xiao met a very beautiful woman in a teahouse.

The woman is young and fashionable.

He took the initiative to extend his hand and greeted, "Ms. Chen, I am Li Xiao."

After Chen Peipei shook hands with the other party, the two sat face to face.

She came here because Li Yang forced her to do so.

The main reason is...she is a foreigner.

Before yesterday, she didn’t even know what Bitcoin was because she didn’t care about it.

Now she knows, but it’s almost the same as not knowing. She doesn’t even understand how to trade Bitcoin.

Chen Peipei said to Li Xiao: "I am personally interested in Bitcoin, but I have heard about Mr. Li's cooperation plan, and I am not very satisfied with it."

Li Xiao quickly said, "Miss Chen, please let me know if you have any opinions."

Chen Peipei: "Before that, I would like to ask you how many bitcoins you have."

Li Xiao did not hesitate and immediately said, "Seventy-three thousand."

Chen Peipei thought for a while, "According to the current price, it is only more than 70 million US dollars. The most important thing for building such a trading platform is the promotion fee. Even if all these bitcoins are sold, it is not enough to support this..."

Li Xiao said: "Yes, but it is unrealistic to get tens of thousands of bitcoins from the market at once. The cost would be far more than tens of millions, and it might even cost two or three hundred million US dollars."

The trading volume is low now, which has both advantages and disadvantages.

Anyone who wants to buy a large amount of Bitcoin will inevitably push up the price.

If you buy tens of thousands of Bitcoins in the short term, it is possible to double the price of Bitcoin.

Chen Peipei said: "But I only need to buy a few thousand coins, which is enough to support the daily needs of the trading platform..."

A trading platform has only three functions. One is to conduct spot trading and help users conduct settlements.

The second way is to sell Bitcoin to the other party when opening a short contract, which requires the exchange to hold a certain amount of Bitcoin.

The third method is to buy a certain amount of Bitcoin from the market as a hedge when opening a long order to facilitate the subsequent fulfillment of the contract.

It is similar to futures in essence, but virtual currency is slightly different from physical futures.

Li Xiao's capital did not play a big role at this time.

"Then Miss Chen's request is..."

Chen Peipei tapped the table lightly with her nails. "I'll take out $70 million, and you take out all the bitcoins. We'll set up an exchange. I'll own 30% and you'll own %."

Li Xiao was silent for a while.

If it was before, he would not be willing to do so, after all, he firmly believed that the price of Bitcoin could rise to $10,000 or even higher... But just the day before yesterday, he sold 20,000 coins to Li Yang, not only making back his investment, but also earning nearly 10 million US dollars.

As he has the mentality of taking profits, he is not so resistant at this time.

Even if he fails, it doesn’t matter, he still has a net worth of hundreds of millions.

Once successful, let alone 30%, even if it is only 20%, he believes it will not be less than what he earns from these bitcoins now.

The most important thing is that the platform can generate stable income regardless of market conditions. Although it is a bit illegal in China, it is at least a business.

At worst he can go abroad.

"Okay, it's settled!"

Chen Peipei stood up and extended her hand, "Happy cooperation!"

……

After several days of discussion, the two parties went to Gangcheng together, established a company in Gangcheng, and signed documents.

Then Li Xiao was mainly responsible for forming a team, while Chen Peipei was responsible for promoting the Bitcoin trading platform named Huobi.

Of the 200 million US dollars she invested, 160 million will be used for this, and the remaining 40 million will be used for employee salaries and collecting other virtual currencies on the market, such as Ethereum.