15. The Second Settlement
I turned on my laptop as soon as I got back to my room.
-Click, click-
As soon as the laptop turned on, I opened the coin exchange site. I stared at the screen silently for a moment before shaking my head.
“It’s really going crazy. Is it going to rise this steeply?”
Just a moment ago when I turned on the laptop, it was at the $220 mark, but before I knew it, the coin price had surpassed $230.
If you knew how big the Bitcoin market was, this kind of rise wouldn’t make sense.
“It seems like most places have jumped in?”
Otherwise, there was no way this abnormal amount of money would be pouring in today.
Seeing this made me scared, but on the other hand, it made me greedy.
‘With the current atmosphere, shouldn’t I sell at a higher price?’
Depending on the moment’s choice, I could get more than 10 billion, no, even more than 20 billion in my hands.
It would be a lie if I said I wasn’t greedy.
But I quickly suppressed this greed.
Since I have a considerable amount of money, I could affect the upward trend if I was greedy.
Of course, there would be no difficulties if my thoughts always matched my desires, but fortunately, I am not the ordinary citizen who worked at a factory a year ago.
In my imprinted memories, I held more than half of YC Entertainment’s shares.
In my last memory, YC Entertainment’s market capitalization was 28 trillion [approximately $21 billion USD, based on current exchange rates], which was the 9th highest in the country at the time.
I own more than half of such a company.
I was ranked around 60th in the world’s richest people, so although the amount in this coin market is large, it wasn’t something I had never touched before.
Thanks to this, I suppressed the wriggling greed and started moving according to the original plan.
-Tap tap. Click-
When it reached $240, I immediately started selling.
First, I sold off 10% of the coins I had. With this transaction, more than 40 billion [approximately $30 million USD] came into my hands.
“Phew. That’s a relief.”
Even after selling off 40 billion, it didn’t have much of an impact on the upward trend. No, it seemed to be rising even more fiercely.
It seemed that those who were manipulating the Bitcoin price were pouring in more money to catch those who were falling out like me.
As expected, the upward trend became faster and faster, and before I knew it, it had surpassed $245.
-Click….Click!-
Thanks to this, I sold off 20%, 15%, and 15% in three installments.
About 200 billion [approximately $150 million USD] came back in, but even so, there was no significant impact on the upward trend.
Because they kept buying as soon as I sold, even I, who knew the future, wondered if I was doing something wrong.
“That can’t be.”
If I let go of my greed a little and looked at it rationally, I could see that the current situation was like a balloon about to burst.
Otherwise, there was no way it could show such an absurd upward trend without any special issues.
But because greed was blinding me, even I was wavering.
-Click! Click-
Before I knew it, it had surpassed $250, and from this point on, I sold off 10% twice more.
Watching Bitcoin being bought as soon as I sold it, I swallowed dry saliva several times.
Now, with 20% remaining.
Before I knew it, Bitcoin was surpassing $260, and I took this opportunity to sell off all my Bitcoins.
“…….”
After selling off all the Bitcoins, I felt more tired than if I had performed a concert.
It was an act that consumed more mental energy than I had thought.
However, thanks to this, I was able to sell off Bitcoins at a higher price than I had expected, so the reward for my hard work was more than enough.
“Hoo~.”
I took a long sigh and looked at the Bitcoin price, which was reaching the end of its frenzy.
Before I knew it, the coin price was surpassing $263.
Even so, the upward trend was getting stronger.
It was three times faster than when I first sold off Bitcoin.
$264, $265…. $268.
Before I knew it, when it reached $268, I stared at the price board, forgetting to breathe for a moment.
Because in my imprinted memories, the highest price of the coin had surpassed $268.
If my memory is correct, the crash will start soon.
I had to watch this moment to be sure that the future I was seeing was correct.
And…
Soon, a terrible crash began.
Bitcoin, which had been showing a crazy upward trend just a moment ago, began to fall at a terrifying rate.
This was because those who had entered the operation could no longer bear it and sold off.
“Oh my… how terrible.”
I could already hear the screams of those who had invested in the coin.
Knowing how recklessly they were selling, Bitcoin, which was $268, hit $250 in an instant, and then it was cutting off again and going down.
Knowing that this downward trend would go to $120, I felt sorry for the spectacle of the graphs of those who were trying to protect this price.
“This time, it was no different from the history I knew.”
Of course, there may be differences down to the cent due to my intervention, but it was close enough to be considered the same.
In any case, the result of successfully clearing Bitcoin was as follows.
When converted to Korean won, the unit excluding the last digit of 100 million reached 421 billion [approximately $315 million USD].
If it weren’t for the dollar exchange rate falling since 2008, I could have earned at least 3-5% more.
Considering that 1% of 421 billion is 4.2 billion [approximately $3.15 million USD], it was definitely a shame.
I shook my head at those thoughts.
“Greed really has no end.”
It was money that didn’t even have taxes attached, unlike stocks.
If you knew how ridiculously taxes were taken from the lottery, this greed was too much.
I still shook off the lingering feelings and reorganized my thoughts on what to do with this money.
“First, I should keep 80% in dollars.”
And I plan to invest this money back into Bitcoin.
In less than a week, the price of Bitcoin will fall close to $50. The coin, which was $268, was more than halved in one day, and everyone was taking out money.
Bitcoin, which was $50, will experience a long period of stagnation, but will gradually start to rise again.
And from September, it will start to show a full-fledged upward trend again.
That was an upward trend that couldn’t be compared to this coin’s upward trend.
Since I didn’t have to raise a lot of funds right away, 20% was enough.
20% is over 82 billion [approximately $61.5 million USD] when converted to the current won exchange rate.
This was more than enough to reorganize YC Entertainment, including the debut songs of girl groups and Lee Na-eun.
Of course, I would earn more money if I postponed the investment further, but knowing that the really big deals would happen in a few years, I didn’t feel the need to do so.
“Time is of the essence now.”
For idols with short lifespans, time is more terrifying than anything else.
There was a reason why the saying ‘the magic of 7 years’ came out [referring to the typical length of idol group contracts and the challenges of maintaining popularity beyond that].
There is an unavoidable overconsumption of image, and there is a certain age range that fits the unique image of an idol.
“And….”
It was time to consider my father’s revenge, which I had been putting off to one side.
If the culprit of the traffic accident was the person who sued us, not my father, as my father said in his imprinted memories, then I, as his son, must take revenge.
The problem was that the probability of legally succeeding in this revenge was very low.
Now, you can assess various evidence with black boxes [vehicle event recorders], but back then, it was more like the person with the loudest voice wins.
If my father were alive, there might be a way, but that wasn’t the case, so I was at a loss.
The car, which could be called evidence, had already been scrapped a long time ago, making it even more difficult.
“The only thing that’s worth trying is the testimony of the police officer who was from the same hometown as that guy and colluded with him, as my father said?”
Of course, this is also an incredibly low probability.
It also means making the police officer in charge of the case at the time admit that he had committed a corrupt crime.
“I have to do everything I can.”
Even so, there was a place to trust.
I thought that if the third Bitcoin settlement went smoothly, there would be nothing I couldn’t do.
Although South Korea is said to be a country ruled by law, there was almost nothing that couldn’t be done with that much money.
Of course, I wanted to tear to death the person who killed my father in an accident and plunged our family into hell.
But that wasn’t enough.
I was going to socially kill him, whether it was legal or not.
I was going to show him the hell of this world, which is more terrible than death.
“Where are you going? Again.”
As soon as I finished breakfast, I left the hotel and started on the road again, and my sister was just complaining.
In a few hours, she will be left alone in England again, so she seems to want to feel the affection as much as possible before that.
Knowing that, I ruffled the hair of the complaining girl and said.
“It’s not far from here, so come along.”
“Don’t touch my hair!”
“Hehehe.”
My mom seems to like the sight of my sister and me bickering. Considering that she had a worried look on her face just a moment ago, it’s a relief in many ways.
I took my complaining sister and mom to a house not far from the university my sister attends.
It was a two-story house that had recently been finished cleanly, and it was quite stylish and neat.
When I tried to enter this house, Hee-jung and her mother looked surprised.
“Where is this?”
“Is it okay to go in like this? No, where did you get the key?”
“Come on. Let’s go in first.”
At my words, my mom and Hee-jung entered the house in a daze.
“Take off your shoes and wear these.”
I took out the slippers next to the front door and put them on.
Most British houses wear shoes indoors, so unlike my mom, who naturally changed her shoes, Hee-jung looked curious.
“Wow~ It’s neat. It’s different from the British houses I’ve been to!”
As Hee-jung admired, the interior design of the house was very different from British homes. It was as if the latest facilities that you would see in a Korean apartment were brought in as they were.
The house was bigger than I thought.
It was over 50 pyeong [approximately 1778 square feet] in total on the first and second floors, and there were 5 rooms, including the storage room.
Each room was newly equipped with beds and bedding, and I walked around here and there, inspecting them, and smiled with satisfaction.
“The house is nice. But why did you come here?”
“Is this also a tourist spot?”
“Hahaha. Of course not.”
I laughed loudly at the mother and daughter who couldn’t figure it out at all and said.
“This is the house I bought this time.”
“???”
“…!”
Unlike my mom, who didn’t understand, Hee-jung soon realized what I meant and looked at me with rabbit-like surprised eyes.
“You bought this? This? How expensive is this house!”
“Hahaha. Can’t a superstar brother do this much for his sister?”
Even with my joke that contained half the truth, Hee-jung couldn’t believe it. Because she knows how crazy the housing prices in England are now.
“I was originally going to get you a smaller house, but when I thought about it, I thought it would be okay for Mom to be with you this time.”
“Mom and I together in England?”
“Since my son is earning like this, my mom doesn’t have to work. If only Mom allows it, it would be less of a worry for me if you two are together. What do you think, Mom? Do you want to live with your sister in England?”
“How can Mom live in England? She can’t even speak English!”
“Well~. You can teach her well. My mom is smart. Above all, the neighbors are Korean, so you can get help. They are acquaintances of someone I know, so you can get close to them.”
“You idiot! Korea and England are the same!”
I looked at my mom silently at my sister’s angry words, and my mom, who had been silent until then, nodded her head greatly and opened her mouth.
“If my son helps me, I actually want to live with my daughter in England.”
“Mom!”
“Hey. Don’t you know that Mom graduated from college? Mom can speak basic English. So you don’t have to worry so much.”
“Hahaha. You thought well. I was worried about leaving this immature kid alone, but if I’m with Mom, I can rest assured now.”
“Jeez!”
My sister complained about what was happening regardless of her will, but she was secretly welcoming the current situation.
Of course, it was natural since she would be with her mom again, who she would be separated from soon.
Although it was decided to live with my sister in England, my mom had to leave with me to Korea separately.
First of all, I will be busy for a while to take care of things to send from Korea, starting with the passport issue.
In the meantime, my sister moved into the house safely, and she called me every night saying she was scared.
Of course, she was scared because she was going into a big new house of nearly 60 pyeong [approximately 2134 square feet] alone.
Regardless, I returned after taking a break and started reorganizing the company in earnest.
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