Chapter 175: <Two sides of the same coin>
Minus 2000%.
Jung Jinsup paled. He was shaking violently.
Minus 2000%.
He gaped, “H, how…”
He saw it rise to 40 dollars last night before going to bed. He put an order to automatically sell when it reached 50 dollars. He expected it to be sold by this morning at 50 dollars. He went to bed happy and expectant.
2.5 dollars.
A bitcoin was worth 2.5 dollars now. It started at a dollar at the very beginning so whoever bought it at that time would have still made a profit. However, not Jung Jinsup.
“132,001.01”
132,000 dollars. 2.5 million dollars turned into 132,000 dollars.
He continued to shake.
What should he do?
What should he do?
He couldn’t think straight. He couldn’t even think about going to work. Jung Jinsup sat down and stared at the wall.
“Bitcoin prices plummet.”
“Minus 2000% overnight.”
[Bitcoin is not a good investment option.]
Woosung made an announcement regarding the recent bitcoin frenzy. He stated what he meant to do was to introduce the blockchain technology through bitcoin, not to make bitcoins appear to be an investment opportunity.
The news reports on bitcoins continued to be aired, but Jung Jinsup had no time to watch the news.
Knock! Knock!
Some men were banging on his front door.
“Jung Jinsup, I know you’re in there. Come out!”
“Hey, this isn’t funny. Come out right now.”
“Jung Jinsup, open the door!”
The loan shark’s thugs were outside Jung Jinsup’s apartment. He stayed in his bedroom and kept staring at his cellphone.
He murmured like a crazy person, “This can’t be. This can’t be. How could this be?”
His eyes were red.
Suddenly, his phone rang. It was from his loan shark, Kim Jihwan.
Jung Jinsup didn’t answer. Another call came. It was from Choi Gichul. He didn’t answer again. Jung Jinsup didn’t answer anyone.
Someone from work also called. Again, Jung Jinsup didn’t answer. He laid down on his bed and closed his eyes. His consciousness started to drift away.
Click.
Suddenly, the door opened and people ran into the apartment. The first person to enter was Woosung.
Woosung stared at Jung Jinsup on the bed.
‘No way I will let you die this easy.’
Woosung shook Jung Jinsup and yelled in a worried voice, “Hey, get up. Get up!”
Woosung poured cold water on Jung Jinsup’s face.
“Gyaaa!”
Jung Jinsup opened his eyes. Woosung slapped him a few times and asked, “Are you awake? Are you okay?”
Jung Jinsup’s cheeks were turning red. He rubbed his cheeks and murmured, “Hey, hey, stop hitting me. I’m okay. I’m awake now.”
Woosung sighed deeply, “Phew, I thought something happened to you. What’s going on? You didn’t come to work today and I saw a couple of thugs waiting outside your door.”
“Where are they now?”
“I sent them away.”
“They left when you asked?”
Woosung smirked. “Why wouldn’t they?”
Woosung was the richest man in Korea, possibly in the world.
When Woosung replied confidently, Jung Jinsup murmured, “I, I guess.”
“So what happened?”
Woosung noticed Jung Jinsup’s cellphone. On the screen was the Bitmain app.
“Did you buy bitcoins?”
Jung Jinsup closed his eyes. He couldn’t believe his situation.
Choi Gichul 500,000 dollars.
Loan shark 1 million dollars.
He didn’t know how he would pay back 1.5 million dollars. He could sell his house right now and pay back the loan shark, but what about Choi Gichul? Jung Jinsup turned to Woosung slowly.
‘1 million dollars is probably nothing to him.’
Jung Jinsup asked hesitantly.
“C… could I borrow some money? As you can guess… I need…”
Woosung smiled kindly and replied, “I think we should get you some breakfast first.”
Woosung took Jung Jinsup to an expensive traditional Korean restaurant. When the food came, Jung Jinsup ate hurriedly. He was starving.
After the meal, Jung Jinsup sighed deeply. A cup of hot tea was brought to him.
Woosung said to Jung Jinsup, “It’s chamomile tea. It will relax you.”
Jung Jinsup took a sip. His heart started to feel at ease.
“T… thank you.”
“Now, explain yourself. What happened?”
Jung Jinsup told Woosung the whole story except for eavesdropping on Woosung about bitcoins.
Jung Jinsup murmured, “I… I was wrong to do this. I lost my mind.”
“How could you borrow from a loan shark…?”
“Please help me this once, and I will pay back as soon as I can.”
He begged. When Woosung didn’t reply, Jung Jinsup asked again, “Please, just this once. 1 million dollars is nothing to you.”
“I can’t lend you money for free.”
“W… what can I give you? Tell me. I will do anything you ask.”
When Woosung became quiet, Jung Jinsup couldn’t hide his desperation. If Woosung didn’t help, Jung Jinsup would be homeless. If he lost his job because he got involved in bitcoins, he would starve to death.
“Are you really willing to do anything?”
“Of course. Anything!”
Woosung asked slowly, “As you know, I have accomplished a lot in my life. However, there is one thing I don’t have, and I really want it. It’s Daeyang.”
Jung Jinsup swallowed nervously. This was escalating into dangerous levels.
Woosung continued, “There is something you can do for me.”
“M, me?”
Jung Jinsup’s voice trembled. He couldn’t imagine what Woosung wanted him to do.
“You borrowed money from Choi Gichul, right?”
Jung Jinsup nodded.
Woosung continued, “Payback his money and get him to invest in creating a cryptocurrency dealership. Tell him you made a lot of money from bitcoins. I will take care of the rest.”
Jung Jinsup was at a loss. “I don’t understand what you are saying…”
“Tell him you made a lot of money from bitcoins and you plan on making your own dealership using the technology you learned from Bitmain. Get Choi Gichul to invest in this new business. If you do this, I will pay back your debt.”
“…”
“Convince him to invest.”
“That’s all I have to do?”
Woosung nodded.
***
700,000 dollars.
Jung Jinsup paid back the money to Choi Gichul. They met at a bar.
Choi Gichul asked with awe, “I thought it went down to a dollar. Did you sell?”
Jung Jinsup laughed awkwardly and replied, “Ha, haha. I have been collecting bitcoins since it was only 2 dollars.”
“Really? So if you bought at a dollars and sold at 40 dollars, you must have made a huge profit.”
“That’s why I’m buying today.”
“How much did you invest?”
“Enough. I put everything I had.”
“Then you must’ve made about 40 million dollars?”
Jung Jinsup didn’t answer. He emptied his glass and asked, “Do you want to create a company with me?”
“A business?”
“I’m planning on opening my own dealership.”
“Didn’t you say there was something you wanted to learn from President Kang?”
“That was before I made this much money. Now, things are different. I learned all the necessary technologies for cryptocurrency dealership. I just need someone to take care of the marketing and operation.”
Choi Gichul took a sip of his drink. He was interested in bitcoins.
“Are you sure you know all the technologies?”
“Of course. Remember, I’m a Seoul University grad, and I have worked in MOX for years. I ran Bitmain for the last few months. I’m ready. I already have the developers hired. All you need to do is run the operation team.”
Choi Gichul took another sip. He was almost convinced, but he had to be careful. Jung Jinsup added casually.
“I understand that you can’t answer right away. Think about it and let me know. Don’t wait too long though. I will be starting very soon.”
Choi Gichul nodded and grinned mysteriously.
Source: Webnovel.com, updated by NovelKeep
Chapters
- Chapter 203: <What goes around comes around (The End)>
- Chapter 202: <What goes around comes around>
- Chapter 201: <What goes around comes around>
- Chapter 200: <What goes around comes around>
- Chapter 199: <Control>
- Chapter 198: <Control>
- Chapter 197: <Control>
- Chapter 196: <Control>
- Chapter 195: <Control>
- Chapter 194: <Control>
- Chapter 193: <Control>
- Chapter 192: <Control>
- Chapter 191: <Control>
- Chapter 190: <Control>
- Chapter 189: <Control>
- Chapter 188: <Control>
- Chapter 187: <Control>
- Chapter 186: <Control>
- Chapter 185: <Control>
- Chapter 184: <Monopoly>
- Chapter 183: <Monopoly>
- Chapter 182: <Monopoly>
- Chapter 181: <Monopoly>
- Chapter 180: <Two sides of the same coin>
- Chapter 179: <Two sides of the same coin>
- Chapter 178: <Two sides of the same coin>
- Chapter 177: <Two sides of the same coin>
- Chapter 176: <Two sides of the same coin>
- Chapter 175: <Two sides of the same coin>
- Chapter 174: <Two sides of the same coin>
- Chapter 173: <Two sides of the same coin>
- Chapter 172: <Richest of them all>
- Chapter 171: <Richest of them all>
- Chapter 170: <Richest of them all>
- Chapter 169: <Richest of them all>
- Chapter 168: <Richest of them all>
- Chapter 167: <Richest of them all>
- Chapter 166: <Richest of them all>
- Chapter 165: <Richest of them all>
- Chapter 164: <Richest of them all>
- Chapter 163: <Richest of them all>
- Chapter 162: <Richest of them all>
- Chapter 161: <Richest of them all>
- Chapter 160: <Richest of them all>
- Chapter 159: <The main game begins>
- Chapter 158: <The main game begins>
- Chapter 157: <The main game begins>
- Chapter 156: <The main game begins>
- Chapter 155: <The main game begins>
- Chapter 154: <Design>
- Chapter 153: <Design>
- Chapter 152: <Design>
- Chapter 151: <Design>
- Chapter 150: <Design>
- Chapter 149: <Design>
- Chapter 148: <Competition>
- Chapter 147: <Competition>
- Chapter 146: <Competition>
- Chapter 145: <Competition>
- Chapter 144: <Competition>
- Chapter 143: <Competition>
- Chapter 142: <Competition>
- Chapter 141: <Competition>
- Chapter 140: <Competition>
- Chapter 139: <Power>
- Chapter 138: <Power>
- Chapter 137: <Power>
- Chapter 136: <Power>
- Chapter 135: <Power>
- Chapter 134: <Power>
- Chapter 133: <Power>
- Chapter 132: <Power>
- Chapter 131: <Power>
- Chapter 130: <Power>
- Chapter 129: <Coconut Bank>
- Chapter 128: <Coconut Bank>
- Chapter 127: <Coconut Bank>
- Chapter 126: <Coconut Bank>
- Chapter 125: <Coconut Bank>
- Chapter 124: <National Core Technology>
- Chapter 123: <National Core Technology>
- Chapter 122: <National Core Technology>
- Chapter 121: <National Core Technology>
- Chapter 120: <National Core Technology>
- Chapter 119: <National Core Technology>
- Chapter 118: <National Core Technology>
- Chapter 117: <China>
- Chapter 116: <China>
- Chapter 115: <China>
- Chapter 114: <China>
- Chapter 113: <China>
- Chapter 112: <China>
- Chapter 111: <China>
- Chapter 110: <Sudden decline>
- Chapter 109: <Sudden decline>
- Chapter 108: <Sudden decline>
- Chapter 107: <Sudden decline>
- Chapter 106: <Sudden decline>
- Chapter 105: <Sudden decline>
- Chapter 104: <Game king>
- Chapter 103: <Game king>
- Chapter 102: <Game king>
- Chapter 101: <Game king>
- Chapter 100: <Game king>
- Chapter 99: <Game king>
- Chapter 98: <Game king>
- Chapter 97: <Game king>
- Chapter 96: <Game king>
- Chapter 95: <Game king>
- Chapter 94: <Game king>
- Chapter 93: <Game king>
- Chapter 92: <Unexpected>
- Chapter 91: <Unexpected>
- Chapter 90: <Unexpected>
- Chapter 89: <Unexpected>
- Chapter 88: <Becoming a mid-sized company>
- Chapter 87: <Becoming a mid-sized company>
- Chapter 86: <Becoming a mid-sized company>
- Chapter 85: <Becoming a mid-sized company>
- Chapter 84: <Everything from 1 to 10>
- Chapter 83: <Everything from 1 to 10>
- Chapter 82: <Everything from 1 to 10>
- Chapter 81: <Everything from 1 to 10>
- Chapter 80: <Everything from 1 to 10>
- Chapter 79: <K coin>
- Chapter 78: <K coin>
- Chapter 77: <K coin>
- Chapter 76: <Coconut service>
- Chapter 75: <Coconut Service>
- Chapter 74: <Coconut Service>
- Chapter 73: <Big brother>
- Chapter 72: <Big brother>
- Chapter 71: <Big brother>
- Chapter 70: <Big brother>
- Chapter 69: <Big brother>
- Chapter 68: <Big brother>
- Chapter 67: <It’s him>
- Chapter 66: <KND Corporation>
- Chapter 65: <KND Corporation>
- Chapter 64: <KND Corporation>
- Chapter 63: <The first order>
- Chapter 62: <The first order>
- Chapter 61: <The first order>
- Chapter 60: <The Beginning of Coin Rush>
- Chapter 59: <The Beginning of Coin Rush>
- Chapter 58: <The Beginning of Coin Rush>
- Chapter 57: <Seattle, New York, and Silicone Valley>
- Chapter 56: <Seattle, New York, and Silicone Valley>
- Chapter 55: <Seattle, New York, and Silicone Valley>
- Chapter 54: <Seattle, New York, and Silicone Valley (End of Book 2)>
- Chapter 53: <Seattle, New York, and Silicone Valley>
- Chapter 52: <His life depends on it>
- Chapter 51: <His life depends on it>
- Chapter 50: <His life depends on it>
- Chapter 49: <System behaviour>
- Chapter 48: <System behavior>
- Chapter 47: <System behaviour>
- Chapter 46: <It’s over>
- Chapter 45: <It’s over>
- Chapter 44: <It’s over>
- Chapter 43: <It’s over>
- Chapter 42: <It’s over>
- Chapter 41: <It’s over>
- Chapter 40: <It’s over>
- Chapter 39: < It’s over>
- Chapter 38: <It’s over>
- Chapter 37: <It’s over>
- Chapter 36: <Developer Conference>
- Chapter 35: <Developer Conference>
- Chapter 34: <Developer Conference>
- Chapter 33: <Developer Conference>
- Chapter 32: <Big data>
- Chapter 31: <Big data>
- Chapter 30: <Big Data>
- Chapter 29: <God of money (End of Book 1)>
- Chapter 28: <God of money>
- Chapter 27: <God of money>
- Chapter 26: <God of money>
- Chapter 25: <God of money>
- Chapter 24: <God of money>
- Chapter 23: <God of money>
- Chapter 22: <Algorithm trading>
- Chapter 21: < Algorithm trading >
- Chapter 20: <Algorithm trading>
- Chapter 19: <Customer loyalty>
- Chapter 18: <Customer loyalty>
- Chapter 17: <Planning for the Future>
- Chapter 16: <Planning for the Future>
- Chapter 15: <Planning for the Future>
- Chapter 14: <Planning for the Future>
- Chapter 13: <Planning for the Future>
- Chapter 12: <Planning for the Future>
- Chapter 11: <Close the Gates to Hell>
- Chapter 10: <Close the Gates to Hell>
- Chapter 9: <Close the Gates to Hell>
- Chapter 8: <Close the Gates to Hell>
- Chapter 7: <Close the Gates to Hell>
- Chapter 6: <Close the Gates to Hell>
- Chapter 5: <Close the Gates to Hell>
- Chapter 4: < Pandora’s Box>
- Chapter 3: <Pandora’s Box>
- Chapter 2: < Pandora’s Box >
- Chapter 1: <Pandora’s Box>