The news of SoftPow’s additional investment shook the virtual currency market again.
At a time when social mining was controversial, the fact that a world-class investor started additional investment was actually a signal that social mining was viewed positively.
When this news hit the media, Acorn Coin soared by more than 40% in one day, and prices of Bitcoin and Ethereum also soared in anticipation.
In the midst of such a boom, there was a virtual currency that showed an overwhelming increase rate.
It was the Arirang Coin certified by the Korean government.
“It crossed the $3.6 mark without difficulty. For the time being, the market price is expected to remain around $3.5.”
“Community opinion is positive, and the trading volume trend is not bad. It is the top 3 trading volume only for domestic exchanges.”
In the dark office, the voices of the men pour out sporadically. These were the Arirang Coin operation team.
And right behind them sat Na Min-seong, eyes red and bloodshot.
“Not bad? Not quite like that. Contact the exchange and get more trading volume! The transaction volume will be three times higher than now.”
“Three times more here? If you do that, you might be suspicious of a bicycle.”
“What if the young ants are suspicious? I know the exchange better than you, so just do what you tell me to do. okay?”
After giving instructions to the operation team, Na Min-seong dials the phone without even having time to catch his breath.
“Oh, hey, editor-in-chief. It’s me naminseong. It’s not different, but we’ve contacted you to spread our news one more time. Oh, yes, of course you have to take care of it. We wish you well in the future.”
As soon as the call ends, he immediately dials another contact. This time, he was in charge of portal news management.
“hello. Oh, you’ve been contacted? Do not worry. This is a project supported by the government. Yes, please take a look.”
Na Min-seong was desperate. The fear that if he failed this time, it would really be the end, made him so desperate.
“Two. If you want to do it, you can just do it, so you have to ask questions and f*ck.”
As soon as Na Min-seong finished the call, he habitually looked at the Arirang coin price chart.
$3.65.
Considering that it once fell to $0.5, it has risen a lot.
Buying back the coins Choi Myung-ja sold, trading bicycles, spreading rumors, massaging the press, etc. It was a price that he raised by mobilizing all the means and methods he could.
‘If even one bad news breaks out during the work and the downward trend comes again… … .’
Na Min-seong was so terrifying that just imagining it made my body tremble. Then I feel a real tremor in the phone I was holding in my hand.
The moment he saw the name on the screen, he instinctively gasped.
The sender was Choi Myung-ja.
“after… … .”
Na Min-seong takes a deep breath and touches the call button.
-I’m a pro~ It’s a lot of work.
Myungja Choi’s voice tone is higher than usual. It seems that he liked the Arirang coin market price.
He swallowed a sigh of relief and opened his mouth.
“What are you doing, madam?”
– Nothing else. You have our coin. I came up with a good idea to link that up.
The thought of not wanting him to do anything was like a chimney, but Na Min-seong forcibly raised the corner of his mouth.
“What kind of idea is that?”
-You know there’s an Olympics next year, right? I think I can get a big shot by linking that with cryptocurrency.
As for the Olympics, it is true that the Winter Olympics are scheduled to be held in Korea in early 2018. But how do you link the Olympics with cryptocurrency?
– Even now, you bet money while watching sports games. what did he say… … Toto?
As soon as I heard that, Na Min-seong involuntarily breathed in and swallowed in vain.
“Are you suggesting that Arirang Coin be linked to Olympic betting?”
-As expected, I, as a pro, understand my words perfectly. can you do it
“If the government permits it, of course we can do it.”
Businesses related to gambling in Korea have many restrictions. If you look at casinos, horse racing, and bicycle races, only a small part of them are permitted.
However, since cryptocurrency is not cash, there are many legal ways to avoid it.
‘It doesn’t matter if the Olympic Toto fails later. Even if rumors that Arirang Coin can be used are solved, the market price will rise like crazy.’
Na Min-seong had no intention of operating cryptocurrency for the long term.
If you just solved the good news in a short period of time and made the market skyrocket and skipped it, that alone was a success.
“Madam, what a great idea. How did you come up with all these thoughts?”
– Ho-ho-ho. Ever since I was little, I’ve heard a lot of people say I’m smart.
If it was like before, I would have cursed myself, telling me not to talk bullsh*t. But this time, I had no choice but to sincerely acknowledge Choi Myung-ja.
As much as that, the combination of cryptocurrency and Olympic Toto was a good item to rob investors of their blind money.
* * *
It is already mid-April, but Jeju Island is still cold enough to regret the thick coat.
It is said that the spring cold has come, but the weather is like this because I just came to Jeju Island.
“I was thinking of visiting Jeju Island after work, but is it a revelation from heaven telling me to go back quickly?”
I crouched down and quickly arrived at the airport arrivals hall.
A man with a goatee was waiting for me in front of the arrival hall. The face is familiar. The last time Chairman Shin Jeong-eui came, he was the assistant secretary who stood by his side.
“Nice to meet you, Shin Woo-hyuk. Come this way.”
A foreigner is coming to meet me at a Korean airport, so I feel strange.
I diligently followed him and said.
“Can I ask you something?”
“Tell me.”
“Why did the chairman ask to see me at a villa in Jeju Island instead of Japan?”
He stops for a moment and looks at my face before he opens his mouth.
“Because of the rumors that are spreading these days. If CEO Shin, who is the center of rumors, comes to Japan, reporters will flock to him like bees.”
The rumors mentioned here meant that Softpow would invest additionally in Acorn Coin.
Chairman Jeong-eui Shin seems to have set the meeting place in Jeju Island with the intention of preventing further spread of rumors.
‘I used my brain, but it would be hard to get away from the reporters with this kind of smoke screen operation.’
Follow the secretary’s directions to the airport entrance.
A common domestic sedan was waiting for us there.
“Let’s get on.”
Without thinking, I opened the back seat door. And while I was about to ride, I was startled and momentarily flinched.
Inside the car was Chairman Jeong-eui Shin, whom he thought would be waiting for him at the villa.
“What are you doing. Come ride.”
When I said that the tinting was too thick for some reason, Chairman Jeong-eui Shin seemed to be planning to meet me in the car and leave again.
I quickly dissipate my bewilderment and bow my head.
“Nice to meet you, Chairman. Have you had any trouble in the meantime?”
“Thanks to the work you have done, I am having a lot of fun.”
Hearing the nuances he has, it sounds like I intended this rumor to spread.
I thought about denying it, but now I feel like I don’t have to.
“Did you know?”
“It’s more strange if you don’t know that we have printed 30 million new coins openly.”
30 million acorn coins amount to 1 billion dollars at the latest market price.
The only place to invest that much money in virtual currency was Softfor, so rumors about it naturally spread.
“If you want to get more investment, you will contact me, why are you doing such a hassle?”
“There was a small noise in the process of applying the new system to Acorn Coin. I thought this would be the most effective way to get it sorted out quickly.”
“what?”
Chairman Jeong-eui Shin looks at me with an expression of amazement.
“Of course, that kind of use alone did not attract the president. Thanks to throwing rice cakes in advance, I was able to give the president a good opportunity.”
“A chance?”
“At the time the rumor spread, acorn coins were 30 dollars each. That’s less than a week later, it’s trading at $55. You can invest as low as $25 for the chairman.”
“Did you come to joke with me?”
“It’s not like a joke. I assure you, this is your last chance to invest $30 in acorn coins.”
If you listen to this far, it was a ridiculous freak, so anger comes to the face of Chairman Shin Jeong-eui.
I’m quick to ask questions before he gets real angry.
“Chairman, do you know PayPal?”
“You don’t think I know that either? Isn’t it an American simple payment service?”
“Since you know, it would be quicker to explain. We plan to introduce a simple payment service using Acorn Coin.”
From noble mtl dot com
Cryptocurrency and simple payment service.
It was still not easy to understand how the two services could work together, so Chairman Jeong-eui Shin waits for words to follow.
“Acorn Coin was developed with the goal of realizing fast transmission speed from the beginning. That’s why the transfer is faster than any other virtual currency now, when development is at its final stage.”
“How fast?”
“It takes just two seconds to transmit from Korea to the United States to the other side of the world.”
Chairman Shin Jeong-eui could not hide his surprised expression. I knew it would be faster than the existing payment methods, but I didn’t expect it to take only 2 seconds.
“Our payment service is a new payment method with excellent security, fast transmission speed, and low commission due to blockchain technology.”
“hmm… … .”
“This is not the end. When you deposit the transferred money as it is, it is automatically converted into acorn coins and you can earn double-digit interest.”
He desperately tried to hide his expression, but the original solemnity was gone.
I was racking my brain trying to figure out if the cryptocurrency technology I mentioned was worth real money.
‘An old man with a tight front will reject the new technology, but a person like Chairman Jeong-eui Shin will surely show interest.’
I waited for his decision with my own convictions.
After that, Chairman Jeong-eui Shin continued to play for over 10 minutes. Then, with difficulty, a voice comes out.
“With that skill of yours… … There is a big loophole until commercialization.”
“What loopholes are there?”
“Hmm, it would be more accurate to say that it is a hurdle rather than a loophole.”
He crosses his legs in reverse with a relaxed expression.
“There are so many payment services on the market that are better than PayPal and bank’s Swift remittance. Do you know why people still stick with the old service?”
“Are you used to it?”
“that’s right. familiarity. Originally, human beings do not try to change the existing things unless there is a big problem.”
I was also concerned about that, so I came to him. And he seems to have already figured out my intentions.
“In order for a new service to come in, there has to be a shock enough to break down the existing familiarity, or it has to be artificially opened.”
“I hear that the chairman can open up the water.”
“You’re right. So let me suggest the reverse.”
He turns his upper body toward me, sits down, and stretches out his hand in front of me.
“How about $27 each?”
“On the condition that you purchase all 30 million newly issued coins, I will give you $25.”
Now, on the contrary, it has become a situation where I stretch out my hand and wait.
There was a short laugh, followed by a shaking of the head and holding hands.
“I can’t stand you.”