After the Divorce, I Could Hear the Voice of the Future

Chapter 393: Chapter 390: The Disgusting Expert

“Tomorrow, as soon as the tripartite contract is signed and the funds arrive, we’ll start buying Bitcoin.”

In the evening, Lu Liang returned to Tokyo and on the way back, he discussed the subsequent arrangements with Wen Chao.

He wouldn’t stay in Tokyo for too long, as he was due back home the day after tomorrow. The Panda Modu roadshow was impending, and Wen Chao would be in charge here.

“At the current price of $1,402, how much of our portfolio should we allocate?”

Wen Chao opened the trading software; the influence of Bitcoin Cash was still fermenting.

Bitcoin was initially set with a block size of 32M, but considering the small number of users in the early stages, to avoid wasting computing resources and to ensure the secure operation of the Bitcoin system, Satoshi Nakamoto temporarily limited the block size to 1M.

In the past two years, as cryptocurrency became well-known to the public, the price of Bitcoin soared, and transaction confirmations became exceptionally slow.

Therefore, Bitcoin Cash emerged, supporting an increase in block size to 8M, which was a technical route for on-chain scaling.

Although Bitcoin Cash was an auxiliary currency to Bitcoin, the public perceived it as a fork and, eventually, it evolved into a competitor.

Bitcoin Cash, which was initially offered at only $140, was speculated by the market to a recent price of $682.

Everyone was hoping it would become the second Bitcoin, aiming for $1,000, even $2,000, causing the original currency to be naturally overlooked.

“Full position, but try not to influence the market too much.”

Lu Liang had considered shorting Bitcoin Cash, but a market less than a month old was filled with uncertainties.

Rumors suggested that Bitcoin would skyrocket, but he was completely in the dark about how Bitcoin Cash would fare.

In their tripartite collaboration, they contributed 300 million dollars, all from Mitsui Sumitomo’s dividends; Lu Liang hadn’t spent a penny.

However, for a money-making project, he still hoped to earn a stable profit, after all, time and energy were invisible sunk costs.