Acorn Coin, which attracted public attention, faced a major crash from the first day of listing.
On the domestic exchange, it took -30% at the same time as the start, embarrassing investors.
Five minutes after the listing, it showed fear at -50%, and by the time it was 30 minutes, it had gone down to -70%, giving despair.
“… … .”
The office is as quiet as a rat. All the employees silently watch the graph go down.
If this continues, not only will there be losses from the falling market price, but Acorn Coin will also be labeled as a fraudulent coin.
‘It’s time for me to move.’
I had an electronic wallet with 130,000 bitcoins in my hand. If I used this, I could not just shake the board, but turn it upside down and shake it off.
I wanted to buy an acorn coin right away, so my hands were itching, but I shouldn’t act rashly. Wouldn’t it be suspicious if anyone could see it if you bought a lot of acorn coins with this money?
‘It’s enough to buy other coins when you buy acorn coins. Then it will look like diversification.’
However, you should not buy any coins. It was a big deal if the coin was unlucky to be delisted.
Therefore, it was necessary to choose a coin that would survive in the future and preserve its value.
—-
[BitFever real-time coin price]
Bitcoin $385.86
Ethereum $0.77
Ripple $0.006
Litecoin $3.97
Dash $3.12
Dogecoin $0.0001
Monero $0.54
Stella $0.002
… … .
Acorn Coin $0.42
… … .
—-
The most reliable coin to buy here is definitely Ethereum.
Although Ethereum is not comparable to Bitcoin, it has always been a coin that maintains its second place.
[Bought 500,000 Ethereum for $388,000.]
[Bought 500,000 Ethereum for $423,100.]
[Bought 500,000 Ethereum for $617,572]
Every time I buy Ethereum, the price rises steeply. Since the size of the coin board has not yet increased, it cannot sustain even a million dollars.
I have no choice but to turn my eyes to other coins besides Ethereum.
[Bought 13 million Ripples for $116,570.]
[You bought 460,000 Litecoins for $211,500.]
[You bought 1 million Dash for $357,741.]
From noble mtl dot com
[Bought 50 million Dogecoins for $11,600.]
If you think the coin name is familiar, buy it randomly and collect it. Thanks to this, the price of each coin I touched was skyrocketing.
Ethereum, which was originally $0.77, soared to $2.08, and in the case of Dogecoin, which has a small market capitalization, the price instantly rose six times, showing a crazy rise.
‘The impact I have on the market is too great. I don’t know what will happen if I touch it here.’
I decided to stop buying other coins and focus on my original purpose, acorn coins.
While other coins were going crazy, Acorn Coin was still maintaining its price at the half-dollar level.
Here, the standard investment is to build up the volume by buying small amounts in installments.
But my purpose is to shock the market.
In order to do so, it was necessary to explode firepower in a short period of time, not to divide and buy.
[Bought 5 million Acorn Coins for $3,937,221.]
Right after the order to buy 5 million coins is entered, the bitfever site starts to cut off as if buffering for a while.
The coin chart also froze at a standstill.
‘Why is this? Did I order too much for one room?’
Around the time I nervously waited for about 10 seconds for the screen to change, the chart suddenly soared as if it had been fast-forwarded.
-34%, -32%, -28%, -16%, -9%, 14%… … 116%.
The price of the acorn coin, which was cut in half, exceeded twice the starting price in one second.
This wasn’t the end. Once the coin price has risen, it rises endlessly like a rocket shot.
127%, 133%, 164%… … .
This is not a normal situation for anyone to see. However, coin investors are beasts who enjoy the unusual situation itself.
Just as a beast is excited by the smell of blood, investors tended to flock to the stock the bigger the fluctuations in the market price.
And their actions create bigger chart waves.
177%, 186%, 201%… … 226%.
Going beyond 2x, up to 3x, and now up to 4x, the graph fluctuates. Now I have no room for further intervention.
Madness already ruled the market.
* * *
In the domestic virtual currency community, there were many posts about the listing of Acorn Coin.
Unsurprisingly, most of the posts were negative.
It’s a fraudulent coin, it’s going to follow the same path as Cycash, it crashes after less than an hour, and so on.
However, this public opinion faces a drastic change from the point of 30 minutes after listing.
– Why is Acorn Coin like this? Suddenly, the market price went up by 15%.
– Yes, 600 won.
-uh? It’s real. is this the timing
-Don’t be fooled by the slight rebound. It is tempting ants to rob and escape.
-That’s why it keeps going up? It’s already up to 20%.
-Eh? I heard that it has already risen to 116% on overseas exchanges? So it seems that the domestic market price has also gone up?
– lie n. Even a dog job coin cannot double this quickly.
– It’s real. If you don’t believe me, go to BitFever and see for yourself.
-Isn’t it an exchange error?
The entire community is in chaos, unable to accept the current situation.
It had to be. Who would easily believe it if I told you that the coin price, which had plummeted by -60% until recently, had doubled overseas?
However, while hesitating for a while, the market price of Acorn Coin pierces the ceiling.
– Crazy. Exceeded KRW 2,800 in acorns!
-Oh, sir… … I’m afraid I’ll die The lowest point was 400 won, so if I bought it at that time, I would have eaten 7 times as much.
-If you put it like that, if you bought Bitcoin in the early days, it would be 4,000 times lol
– Overseas, it is still on the rise. Board before it’s too late.
– Buying a 1,000 won bill for 3,000 won is a bit… … While I was writing, another 500 won went up. really crazy
The market price of Acorn Coin, which started skyrocketing once, did not know how to stop.
However, everyone just watched, and no one willingly offered to buy it. This is because the market price has already risen too much and there was a precedent called Cycash.
Then, someone mentions the Cy Club promotion.
-I think they said they had an event that gives 4 acorn coins when you log in to Cy Club… Are you still doing it?
– I still give it to you. I sold them all when they were 600 won each… … Sobbing.
-oh my god! 4 acorn coins are 14,000 won.
-It just went up to 15,000 won. Anyone who logs in to Cy Club gets a free chicken!
-If you wait a little longer, I’ll order a pizza.
-On the other hand, it could be pizza bread.
-If you haven’t received it before it’s pizza bread, please get it quickly.
– Rumors have already spread, and people are mad at Cy Club. The login queue alone is over 20,000 people.
* * *
There is no concept of market opening and market closing in cryptocurrency exchanges.
24/7 trading available.
Because of this, once you set foot on this board, it becomes a daily routine to look at coin prices all night long.
I’m in just such a state right now.
Since listing Acorn Coin on Saturday, I have been staring at the chart until Sunday morning, not having stayed up all night.
“uh? CEO?”
There was a startled voice as the office door opened.
It was Lee So-young. I guess it’s already 8 o’clock.
“Soyoung, it’s the weekend, so why don’t you come out a little slower?”
“Since I come out at this time every day, my eyes open by themselves. But the representative… … Did you stay here without work yesterday?”
“It came to this after monitoring the market price. ha ha ha… … .”
I know I shouldn’t be like this, but I couldn’t help it with the human mind.
Honestly, even if you only have 1 million won in coins, you keep checking the market price, but how can you put up with it when money of 10 billion won comes and goes?
Still, it wasn’t that I was just staring at market prices in a daze all night.
During the early hours of the morning, I sold the coins of the Metallurgical Metallurgical WHTS Company without compromising the market price.
As a result, Acorn Coin was able to raise cash while still maintaining a market price of $4.2.
[Balance held: $9,612,244]
Calculated in Korean currency, it is about 10 billion won.
Coins are not taxed yet, so if you transfer this money to a Singapore corporation, it will be owned by WHTS Company without paying a penny of tax.
This is not the end. The real key is that Acorn Coin was reliably listed on major exchanges.
This meant that whenever you needed money in the future, you could print acorn coins and sell them on the exchange.
“Whoop whoop… … .”
Just thinking about it doesn’t leave a smile on my lips. After that, I laughed for a long time and felt a stinging gaze belatedly.
Lee So-young, who I thought had gone to her seat, was looking at me with strange eyes.
“Hmmm. Soyoung, since when have you been there?”
“I’ve been here ever since I went to work.”
“Ah, I see… … .”
Lee So-yeong laughed for a long time, probably because my actions were funny, then opened her mouth.
“I’ll continue monitoring, so CEO, go in and rest.”
“no. it’s okay.”
“You don’t look okay at all. If you don’t believe me, take a look in the mirror.”
I get up from my seat as if being pushed and go to the mirror.
There, dark circles under his eyes reached down to his cheeks, and a man with long hair was staring at me.
‘Since I’ve been staring at the monitor for almost 24 hours since yesterday morning, there’s nothing I can do about it.’
It’s unacceptable to see employees coming to work like this.
I just put on my coat and get up. I was thinking of going to a nearby jjimjilbang and taking a quick shower.
“Soyoung, I’m going out for a while.”
“Aren’t you going to work?”
“You can’t go in alone and take a rest, leaving the employees at work on holidays, right?”
“I’ll take responsibility for managing this place, so CEO, go in and rest. You haven’t taken a break this month.”
Lee So-young brings my bag and forcibly holds it in her hand. If you do not go to work here, you will be forcibly kicked out.
It’s ridiculous to even say this and hold on.
“Then let’s go in first.”
“Thanks for your efforts.”
I packed my bag and left the office. Only then did the concentration that I had been forced to use scatter, and fatigue poured out like a tsunami.
Maybe it’s because I’m tired now, but I just want to go home and sleep faster than the coin market price.
As soon as I climbed into the car parked in the parking lot, I felt the urge to sleep.
‘Shall I sleep for a bit… … ?’
Just then, the cell phone in my pocket rings.
Jiing. Jiing. Jiing… … .
The sender is Baek Seung-tae.
I didn’t want to hear the voice from the morning of the holiday, so I tried to ignore it. However, because of the persistent call, I have no choice but to receive it.
-Hey, Deputy Shin. Where are you?
“I went outside for a while. But what are you doing?”
– Go to work by 7:00 tomorrow.
As always, notice is given first, followed by an unkind explanation.
– The manager wants to see you.
What is the reason for Min-Kyo Park to call me early on Monday morning?
Anxiety creeps up.
“Do you know what you are looking for me for?”
From noble mtl dot com
– You will know when you come.
“… … .”
– It’s 7 o’clock in the morning. Don’t be late, come early and wait. I spoke clearly.