WHTS Company’s asset management team started working in two shifts, 14 hours a day, a few days ago.
When I get off work, I sleep in the accommodation provided by the company, and when I wake up, I go back to work, work, and sleep in the dorm again.
Their mission is to secure cash by selling virtual currency accumulated by selling acorn coins.
Security was the most important thing to shake off the huge amount of virtual currency, so the employees repeated the trading operation without leaving work even on holidays.
“Bitcoin $12,200! Seeing that the trading volume is also catching up, it looks like it will go up again!”
“More bitcoins in your possession. We work slowly, without breaking $10,000 as much as possible.”
“All right.”
“The ethereum support line is broken!”
Because the company had so many stocks, it was not easy to shake off the stock so that it would not affect the market price.
I had to look at the chart all day, and if I thought the price would rise, I pressed it again, and then, if the price went down too much, I had to temporarily buy it again.
As this work had been going on for 24 hours, for 9 days already, there were voices of dissatisfaction even within the asset management team.
“ah… … I really don’t know why this guy’s coin exchange doesn’t have a market closing. I’m dying to stare at the charts all day.”
“Me too. Now, just looking at the charts makes me feel sick.”
“It’s better because we work in shifts. They say that individuals who have invested a lot of money cannot sleep at all.”
“Well, if the market fluctuates like this, I wish I had put all my wealth in coins… … Ugh, that’s terrible.”
Even after that, the employees are drinking coffee and lamenting their lives.
Meanwhile, the conversation is cut short when someone opens the door to the break room and enters.
“What are you all talking about so hard?”
It was Lee So-young, who was in charge of this project.
She stares at the staff sitting in the break room.
“Oh, nothing. just… … I was a bit tired, so I complained a bit. Ho ho ho.”
As the manager, she knew better what the team atmosphere was like.
Lee So-young brings out specially prepared carrots to comfort the employees.
“The CEO promised a special bonus when this work was finished. So try harder.”
Word of giving bonuses was already circulating, so the employees seemed to be curious about the amount.
“They told me to give the entire asset management team a year’s worth.”
“Hey, exactly how much is it in a year?”
“Since a year has 12 months, it must be 1,200%, right?”
If you work like crazy for a month, you can get a year’s wages.
As soon as this news comes out, the faces of the employees who had been gloomy like dark clouds brighten up.
“They said they would send me a two-week vacation, so make sure to complete the work by the end of the month.”
A year’s worth of bonuses and up to two weeks of vacation.
The compensation may be excessive, but considering the value of the assets they manage, it was not excessive at all.
“I will definitely complete it!”
“I’m going to bury the bones of WHTS Company!”
“Suddenly, the fatigue went away and my strength surged. Ha ha ha!”
The best treatment that can be prescribed to office workers is financial treatment. Thanks to this, the morale of the employees stabs the sky.
After a while, the chattering staff in the break room slipped out like the ebb tide.
Now, Lee So-young is left alone. After confirming that no one was around, she let out a short sigh.
“little… … It’s hard.”
She was managing not only the asset management team, but also the virtual currency operation team and the virtual currency development team.
It was possible to select a team leader for each department, but this time, for security reasons, she had to direct it herself.
The virtual currency operation team issues new acorn coins and sells them to the exchange, and the asset management team also wipes out all coins it owns.
The purpose of all this work was to secure as much cash as possible.
‘Why is the CEO trying to secure cash?’
When the price of virtual currency goes up like now, it is better to increase the amount of virtual currency holdings rather than cash.
However, instead of buying cryptocurrency, CEO Shin Woo-hyuk was selling even the cryptocurrency he had.
‘Did you need money to invest in Venezuela? Or because of the US presidential election? Or else… … If I knew it would be like this, I would have just asked.’
How long had it been since she struggled alone?
Suddenly, someone grabs your shoulder from behind.
“oh!”
When I turn my head in surprise, a finger sticks to my cheek.
CEO Shin Woo-hyuk stood there with a playful expression.
“What is it, CEO!”
“Since So-Young looks so serious, I joked around.”
While So-Young Lee puts away the finger she pricked her cheek, he continues.
“Weren’t we supposed to have lunch together?”
“Am I? oh! Look at my mind.”
“You seem to be very busy these days. So-young’s expression has lost her composure.”
“It’s a lot of work.”
He sits down next to Lee So-young and puts down the paper bag. Inside was a lunch box that was steaming up as if it had just been received.
“There is nothing urgent, so take it easy.”
Lee So-young pursed her lips. Even if she wanted to take it easy, due to her personality, it was impossible to take a break over something to do, even with a knife in her throat.
‘The CEO clearly knows my personality… … Could it be that he did that on purpose?’
About halfway through eating the lunch box, I suddenly remembered what I was thinking about just now.
While she finished eating her lunch, she decided to ask whether or not to ask, and after agonizing over it, she decided to ask.
“CEO! I have a question!”
“You sound like a student when you say that.”
“Yeah… … I was a real college student until last year.”
Shin Woo-hyuk nodded his head to mean that he should say something.
“I want to know the reason why all virtual currency is cashed out. The price has risen a lot, but this time it is too sudden.”
“That, um… … .”
He pauses for a while, thinking about what he is thinking, and then comes up with an answer.
“I think of this as a bubble of desire. In fact, aside from us, haven’t other cryptocurrencies achieved anything?”
“Are you saying a crash is coming soon?”
“I think so. It looks like a pretty big guy is coming too.”
If you predicted the virtual currency crash, it would be the right decision to sell all the virtual currency and hold cash as it is now.
However, on the contrary, if the cryptocurrency surges, this position will suffer a big loss.
“If it doesn’t crash, what are you going to do?”
“I can’t help it then. I have no choice but to force it to collapse.”
“yes?”
“It’s a joke, a joke.”
he grins The nature itself was different from the mischievous laugh from before.
Suddenly, goose bumps formed on her forearms.
‘It didn’t sound like a joke… … You’re kidding, right?’
From noble mtl dot com
* * *
As the cryptocurrency market skyrocketed day after day, the news was covered with virtual currency news.
Whether it’s good news or bad news, the introduction of cryptocurrency in the news itself was a boon to the industry.
In fact, the number of virtual currency investors has been explosively increasing right after the media covered virtual currency in earnest.
-I bought the full amount of Bitcoin that came in today! Let’s go up to $20,000 in Bitcoin!
┗ Take 20,000 and go up to 30,000!
┗ Gazuaaa!
-Ripple coin will break through 1,000 won soon. Get on board quickly before it’s too late.
┗ How much is Ripple?
┗ It’s 200 won now.
┗ Huh? Wasn’t Ripple 200 won a month ago? I’m really not coming.
┗ Since it hasn’t climbed in a while, won’t it climb this time?
┗ Stupid middle school child. Are you fooled and fooled like that?
In the cryptocurrency community, posts are posted like real-time chatting.
Virtually all eyes in Korea were on virtual currency, so the related community was on the verge of paralyzing the server.
“Ahhh, assholes. Don’t buy other Japcoins, buy Arirang Coins. I’m not listening to you.”
Na Min-seong is monitoring the virtual currency community all day today.
The word monitoring is all about posting posts or giggling with comments.
“Let’s see. The price of Arirang Coin… … Kya! Another 6% increase? There’s really nothing wrong with it, but the price keeps going up because it’s government certified. Long live the government of the Republic of Korea.”
When he uploads a proof shot of the account with the proceeds recorded, a lot of comments saying that he is envious are running under it.
It was an account statement that could not be withdrawn anyway, but that alone made it possible to be admired as a great person in the Internet world.
“You fools. If you see the proof shot, hurry up and buy Arirang Coin. You guys can pick up some crumbs and eat them too.”
While tapping the keyboard for a long time, a loud voice is heard from outside the office.
“I’m a pro! me pro! Where are you, am I a pro?”
It was the voice of his superior, Choi Myeong-ja. Na Min-seong stops what he was doing and quickly jumps out.
“Yes, madam. Did you call?”
“You decided to issue a new coin this time, are you still there? Your customers are waiting for you.”
“Didn’t the development team say it would take about three days?”
“no. I have to get it within today, so work on it quickly and hand it over. got it?”
It was like a one-sided notice, so I had no choice but to follow it. Here, no, in Korea, her words were the law.
“Madam, more than that, you sold 800,000 coins this week alone. Where did you find a buyer?”
“My acquaintances asked me. They said they would give you 30% as an incentive when you sell coins. And then eat 15% below that, eat 7.5% below that, well, like this.”
“Isn’t that multi-level?”
“It’s not multi-level, it’s called network marketing. network. Isn’t it a word that fits the 4th industry and virtual currency?”
“Ah, yes. you’re right.”
For reference, multi-level marketing is network marketing in English.
Na Min-seong was full of energy, but on the other hand, he was admiring Choi Myung-ja’s ability. No matter how multi-level, how many people can sell 800,000 coins in less than a week?
“But I am a pro. How are you quiet these days?”
“Are you quiet?”
“I’m not saying this because the price of Arirang remains the same. The price went up a lot last week.”
“Originally, the price of a coin does not rise every time. If you look at stocks, there are times to go up and times to go down… … .”
“What are you talking about? Like stocks, stocks go up when they go up. Who does coins?”
My stomach was boiling, but I couldn’t hold it in.
In such a case, the best way to avoid trying to explain logically is to place the blame on the outside.
“The reason why the market price remains the same is because of Acorn Coin.”
“acorn?”
“Yes, the price is not rising because they keep saying nonsense that the price stability is the top priority for virtual currency.”
“Why are they f*cking? I can’t. I’m going to call and stop those bastards out of business!”
As expected, Myungja Choi started jumping up and down. She was the kind of person who would roll her eyes when someone blocked her way.
‘Tsk tsk, since I was filmed by Choi Myung-ja, troublesome things will happen in the future.’
Na Min-seong reflexively checks his phone while clicking his tongue inside. It was a habit he developed after he touched the coin again.
“uh?”
The price of Arirang Coin, which I sneakily checked, was going down.
Surprised, he checked the chart again.
I didn’t see it wrong. In that short period of time, the market price fell by an additional 4% from -15% to -19%.
“Chuck, what is this… … .”
This time, go to the main menu and check the prices of other virtual currencies.
Bitcoin, Ethereum, Acorn, Ripple, Litecoin and more. All cryptocurrency prices were plastered in blue.
-25%… … -32%… … -39%… … .
The speed at which the market price fell in real time was so fast that I couldn’t believe it even when I saw it. That’s why it was such an unbelievable level of collapse.
Choi Myeong-ja, who was next to him, must have also felt unimportant, so he took the phone he was holding and checked the screen.
“What’s up with my pro?”
“No, this is… … .”
“Tell me quickly! How did this happen!”
Na Min-seong desperately tried to come up with an excuse, but his mind was already white.
He gives up his excuses and bites his teeth.
“I guess we… … It seems to be X.”