Some friends didn’t understand how Sun Ge cut the coins, because they couldn’t understand the strange terms in the cryptocurrency circle, which made them feel overwhelmed. In fact, after peeling off these dazzling and bizarre packaging, the logic is very simple and crude, just like putting an elephant into a refrigerator:
The first step is to issue coins. The difficulty of this step is to get others to subscribe, that is, to make others believe that your coin is useful. You can think of it as selling vouchers in a shopping mall. People buy SKP's, but no one buys the village's canteen. Sun Ge used his various real and fake titles and IDG's vague endorsement, plus his superb ability to deceive people, to achieve this step.
The second step is to speculate on the currency value. For example, if a coin is worth 1 yuan, and I can raise the price of this coin to 1.5 yuan in a short period of time, then I will make 50% profit.
The third step is to sell at the right time and lock in the profits. After all, you have to have a good grasp of the coins you have issued, so it is better to lock in the profits. As for the decline caused by the sale? Who cares? I warned you that there are risks in entering the market, right?
From this process of putting an elephant into the refrigerator...oh no, Sun Ge's steps to making money, it is not difficult for everyone to find that although the first step is not easy, the core is still in the second step, which is to achieve rapid valuation increases in a short period of time.
If the operation is done properly and a continuous cycle of 2-3 can be achieved, the nuclear-powered sickle can be used to cut leeks, and wealth will be transferred from the leeks' pockets to Sun Ge's pocket. So what Sun Ge has to do is to keep hyping up-selling-hyping up-selling the same coin, and to cut leeks back and forth in a field of leeks. If no more leeks are fooled, then another leek field will be opened up, that is, another coin will be issued, returning to state 1, and giving this coin a cool new name. After all, there are so many Chinese people, and leeks cannot be cut out completely, and then the cycle of 2-3-2-3... will have to be repeated~
In order to achieve this goal, Sun Ge has done everything he can, jumping up and down to attract attention. After all, I think no celebrity is as topical as Sun Ge himself, not to mention that he can market himself and increase his own value. It can even be said that the current trend of entrepreneurs becoming Internet celebrities, whether it is Lei Jun, Zhou Hongyi, Li Xiang or Li Bin, are just following in Sun Ge's footsteps...
Just when Sun Ge was jumping around every day and not attracting much fire, God couldn't stand it anymore and personally came to feed him with a bowl of rice. This meal was made by his close junior brother Dai Wei, who was another extreme Sun Ge, and had the same purpose as Sun Ge. But his father-in-law was still alive, so I can't talk about him for now. I must talk about this person's equally jaw-dropping experience when I have the chance in the future.
To get back to the point, in 2018, Dai Wei’s ofo bike business could no longer continue. By the end of the year, his deposit was basically lost and could not be refunded at all, which contributed to the famous internet celebrity “Banfoxianren” becoming a meme for at least three years.
Brothers fight tigers together. Although Sun Ge and Dai Wei are only half-brothers but close relatives, Sun Ge extended a (virtual) helping hand to the alumnus who once invested in his project on Weibo, saying that he could help 10,000 ofo users to refund their deposits. He also said that this was just pure alumni friendship and that it was just a small favor for him to help, and was not worth mentioning.
Under this Weibo post, he released a letter that Dai Wei sent to all ofo employees, the core idea of which is: ofo really has no money.
It is hard to say whether this was to help Dai Wei or to cover the well after Dai Wei fell into it. After all, the number of people waiting in line to pay the deposit was almost eight figures, and it seemed meaningless to solve the deposit of 10,000 people. The small yellow car did not get out of the predicament because of Sun Ge's righteousness, and everyone knows the story behind it.
At that time, the deposit of ofo was 99, and a few were 199, so the deposit of 10,000 users was about 1-2 million RMB. It was not outrageous for a 90s rich man to take out such money. In addition, Sun Ge and Dai Wei had a close relationship, so many people really believed what he said.
I don’t know whether the money was paid in the end, but Sun Ge’s TRON market value rose by 10% that day. This is much more than one million… Sun Ge then asked the technical team to sell off to complete the line, and his net worth skyrocketed within a day.
This is the 2-3 leeks harvesting process mentioned earlier.
This operation is actually similar to many listed companies releasing favorable news and then selling goods. Apart from the carrier of virtual currency, this method is not new and many people have used it. But no one expected that after tasting the sweetness this time, Sun Ge became obsessed with "cyber virtual charity" and frequently extended a helping hand to various people/institutions (non-existent) on Weibo, and the amount was either one million or ten million each time. Anyway, he would not give it anyway, so it is better to round it up to make it easier to remember.
Then Weibo ushered in the era of "Sun's Charity"...
$SUN
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Reposted from: Weibo Author: Xicheng Aunt
