Reborn in 2014: A One-Man Tycoon
Chapter 12: All-in from the start
Meng Chuan was unclear about the exact value of Bitcoin in 2014.
But Meng Chuan was certain that in the years that followed, the price of Bitcoin skyrocketed.
In 2017, its value broke the historical mark of $20,000 per coin for the first time, attracting global attention.
By 2024, when Meng Chuan finally woke up from his dream, the price had skyrocketed to over $100,000 per coin.
The terrifying rate of increase made headlines in various countries.
It became a legendary topic of conversation on the streets, leaving countless people in awe.
Therefore, Meng Chuan was surprised that Liu Qian was involved in the Bitcoin field.
I was even more curious as to why she was so eager to sell her "treasure trove" of Bitcoin.
“I started getting involved with Bitcoin in 2010 and have accumulated quite a bit, 68.”
After a moment's hesitation, Liu Qian responded to Meng Chuan.
She felt that explaining these things to her students might not be of much use.
But since Meng Chuan had asked, she couldn't very well not answer.
In reality, it is precisely because she holds such a large amount of Bitcoin that it is becoming increasingly difficult for her to sell it smoothly.
Because most people can't eat that much!
"How many? 68? How do you have so many Bitcoins?"
Meng Chuan thought he had misheard.
This is a mountain of gold!
If you seize the opportunity, you can rise to the top in one step.
“In 2010, when I was about to graduate with my master’s degree, my father gave me some money for my graduation trip. But something happened, and in a fit of anger, I used all the money to buy Bitcoin.”
Liu Qian gave a vague explanation.
"Mr. Liu, how much do you plan to sell your Bitcoin for?"
Meng Chuan pressed for an answer.
If it were only a few hundred or a thousand, perhaps Meng Chuan wouldn't have been so concerned.
But 68 bitcoins is a huge fortune that can shake the world and rewrite destiny!
Since Liu Qian was willing to sell, he was determined to get her.
"you?"
Liu Qian was speechless for a moment.
This is Bitcoin, even though she bought it in 2010 when Bitcoin's price was at its lowest point in history.
However, even with scandals involving hackers stealing Bitcoin, one Bitcoin is still worth $220 in overseas trading markets today.
68 bitcoins, with a total value of nearly $1.5 million.
Converted to RMB, it amounts to nearly 10 billion yuan.
Of course, in order to sell as soon as possible, Liu Qian doesn't expect to sell it for 10 billion.
She's willing to lend money as long as she has 5 million, since she urgently needs funds right now.
“Meng Chuan, you may not be familiar with the price of Bitcoin, but the Bitcoins I have are worth over 100 million.”
Liu Qian carefully chose her words, not wanting to discourage Meng Chuan, but also wanting to kindly remind him not to make a fool of himself.
“Mr. Liu, if you are willing to trust me, please wait here for a moment. In about five hours, I will buy all the Bitcoins you have.”
Meng Chuan's gaze was sincere, his words earnest, and his eyes revealed an undeniable confidence.
Upon hearing Meng Chuan's words, Liu Qian and Zhang Jie were both stunned and stood there dumbfounded.
Zhang Jie knew best that although Meng Chuan had 200 million yuan in capital, it was like an ant trying to shake a tree if he wanted to swallow the Bitcoin in Liu Qian's hands.
Although Meng Chuan has as much as 20 billion yuan in funds available for operation, it is not something that can be converted into cash in a short period of time.
Therefore, Zhang Jie was full of doubts and couldn't figure out where Meng Chuan's confidence came from.
Liu Qian was utterly shocked:
"You want to buy my Bitcoin? That... is impossible."
Even though he had already pointed out that Bitcoin was worth over 100 million, Meng Chuan didn't even flinch.
This was completely beyond Liu Qian's comprehension.
"The market is about to open."
Meng Chuan had no time to notice Liu Qian's astonishment; his eyes were fixed on the laptop in front of him.
Zhang Jie also tensed up instantly, forgetting about Bitcoin.
He moved closer to Meng Chuan, staring intently at the computer screen, his heart pounding.
Liu Qian was drawn to the expressions of the two of them and unconsciously walked behind Meng Chuan.
This sight, however, caused her worldview to collapse instantly.
The screen displayed $32.46 billion in available funds.
Is Meng Chuan actually controlling such a huge amount of wealth?
Liu Qian felt her mind go completely blank.
She simply couldn't reconcile the man in front of her who controlled billions of dollars with the impoverished student who received less than 200 yuan a month in school and whom she would often give meat from her own bowl.
Could Meng Chuan be a deeply hidden rich second-generation?
Now that I've graduated from high school, have the family restrictions been lifted?
Liu Qian couldn't help but think to herself.
However, Meng Chuan couldn't care less about her at that moment.
At the moment the market opened, Meng Chuan decisively invested all of his $32.46 billion holdings in the crude oil market.
The current opening price is $44 a barrel.
Soon, Meng Chuan's account was filled with crude oil.
Each lot is 1000 barrels, which is more than 70 million barrels of crude oil.
Although this amount of money seems large, it is only a drop in the ocean in the international crude oil market.
It didn't cause much of a stir.
"Brother Meng, are you going all in right now? Isn't that too risky?"
Seeing Meng Chuan make such a desperate gamble, Zhang Jie panicked.
He had never seen such a crazy operation before, and found it even more unbearable.
"Don't worry! I'm confident in my abilities."
Meng Chuan remained calm and composed, speaking in a steady tone, like a seasoned veteran.
If it weren't for winning the lottery and the fact that the college entrance exam questions matched those in his dream, Meng Chuan might still be feeling uneasy.
But now that both of these have become reality, it shows that the trajectory of history has not remained unchanged.
Meng Chuan is confident in his assessment of the crude oil market.
"Meng Chuan, how do you have so much money?"
It was only at this moment that Liu Qian mustered up the courage to express her confusion.
The scene just now was truly shocking, not only because of the scale of funds Meng Chuan controlled, but also because of his chilling methods.
More than three billion US dollars, equivalent to more than 20 billion RMB.
Such a grand gesture was accomplished with just a light touch of the finger.
Even her father, who was once the richest man in China, probably didn't have such courage.
"I've been lucky lately and made a small fortune. I used 100x leverage to get this much money."
Meng Chuan made no attempt to hide anything.
He had absolute trust in Liu Qian.
Over the past three years, Liu Qian has shown him great care and concern, proving herself to be a trustworthy person.
"What? A hundred times? You...you're playing with your life!"
Liu Qian was startled.
Born into a wealthy family, she was exposed to the world of stock trading and investment from a young age.
With leverage of 100 times, the commission alone would be an unimaginable astronomical figure.
Unless crude oil prices rise sharply, Meng Chuan will inevitably fall into an abyss of no return.
International crude oil is a futures contract, not a stock.
Futures prices are generally unlikely to fluctuate wildly.
"It's alright, just wait and see! I predict that the highest price in the crude oil market today will break through $110 or more."
Meng Chuan was full of confidence, his eyes seeming to see into the future.
Upon hearing Meng Chuan's words, Liu Qian couldn't help but roll her eyes, thinking that this was simply wishful thinking.
Zhang Jie sighed to himself, wondering if this thing could be "predicted".
He couldn't help but regret it at that moment.
Driven by performance targets, I acted impulsively and blindly, eager for quick success.
If Meng Chuan's investment fails this time, what's the point of tearing him to pieces?
This mess will eventually fall on my shoulders.
At that time, not only will he have no hope of promotion, but he may even lose his position as bank president and fall from grace.
But with things having come to this, Zhang Jie could only slump in his chair and resign himself to fate.
Meng Chuan, however, seemed not to hear, and just stared intently at the computer screen.
Strangely enough, Meng Chuan's huge influx of US dollars initially caused some ripples in the crude oil market.
Prices rose to $44.2 a barrel.
In that instantaneous surge, Meng Chuan made a profit of over fourteen million US dollars.
The speed at which money is made is astonishing.
However, this profit is negligible compared to the high commissions.
Immediately afterwards, crude oil prices began to fall, dropping below $43 a barrel.
Meng Chuan lost more than $70 million of his $32 billion in the blink of an eye.
This sum of over 70 million US dollars translates to a huge loss of over 400 million RMB.
Seeing this scene, Zhang Jie felt as if his heart was being gripped tightly by an invisible hand, causing him extreme discomfort.
Liu Qian, standing to the side, was also breathing rapidly.
Although it wasn't her money, the dramatic changes in the numbers made her feel as if she were on the verge of life and death, almost suffocating.
"Don't panic. Turn on the international news channel, watch the news, and relax."
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