Breaking Up Is Better Than Divorce

Hamilton

While betting on China’s stock market crash through BlackRock and investment negotiations in the film industry through Tim Carell continued, Eugene found another job.

“Now, let’s start collecting coins.”

“Anything other than Ethereum?”

“uh. I plan to open a few cryptocurrency exchanges anyway, so I need to have some coins.”

Most of the cryptocurrencies Eugene has purchased so far are 15 million Ethereum.

After calling my brother to the United States last year, I asked him to invest in cryptocurrency with Yoosung’s money for a while, but up to that time, Yoosung’s assets were few.

So, the total amount of cryptocurrencies the two brothers had other than Ethereum did not exceed tens of thousands of dollars.

2014 was not a good time to invest in cryptocurrencies.

In February 2014, after Mt Gox announced that 850,000 bitcoins had been stolen by hacking, it filed for bankruptcy.

The price of Bitcoin, which once peaked at $1,000 at the end of 2013, continued to decline throughout 2014, pushing it back to the $200 level at the beginning of 2015.

Until this time, Bitcoin accounted for most of the cryptocurrency trading volume, so it was natural that the price of other cryptocurrencies would also decrease.

“Then should I buy Bitcoin as well?”

“Check the Bitcoin price trend today.”

“The total issuance is 14 million BTC, the unit price is 240 dollars, and the total is about 3.4 billion dollars.”

“okay? It seems to have fallen enough to fall.”

The price is higher than expected. Eugene knew it had dropped to around $200 two years before the first big surge.

It was only a few years later that he became interested in coins in his past life.

However, as he has always done with things he is interested in, he also paid attention to the past market price of the coin, so he knew the general price.

Of course, knowing the past doesn’t mean you can predict the future, but still, the more data you have to make a decision, the better.

“How much should I buy?”

“Well… … .”

Eugene was deep in thought.

Considering Eugene’s asset size, the current cryptocurrency market is too small.

The sum of Bitcoin and all other cryptocurrencies is only a few billion dollars.

The market is not yet trusting cryptocurrencies.

If Eugene, who has huge capital, rushes in here, the cryptocurrency market that has not yet bloomed will be shaken.

So I couldn’t help but worry.

You should get your hands on as many cryptocurrencies as possible, with as little impact as possible on the market.

The first thing I thought of was to accumulate about 10% of one issue. That being said, even considering the increase during the accumulation, $400 million is enough.

And if you sell it two years later, it could be called a whopping $20 billion.

But there must be a huge difference between thinking and reality.

First of all, there is no guarantee that the number of coins circulating in the market will be 10% of the issued quantity.

Even as the next few years pass, the coin market is dominated by so-called ‘whales’ with large amounts of bitcoin.

The saying that 2% of accounts control 95% of Bitcoin is not just a buzzword.

Especially, it was a time when large miners still had a large amount of coins.

So, it will not be easy for Eugene to accumulate 10% of the coins alone.

What worries me more is that the butterfly effect will change the future of coin price that Eugene knows about.

“First, let’s take it slow. How much is the distribution?”

“Well. Wait a moment… … It’s somewhere between $20 million and $50 million.”

“Then only about 100,000 dollars a day.”

“Only 100,000 dollars a day?”

Yoosung said with a puzzled expression.

“A month is $3 million, and a year is $30 million.”

“So you say slow. First of all, we will see the reaction around 100,000 and then slowly increase it.”

“How much do you want to buy?”

“Three billion? I’m thinking maybe even 500 million.”

“Five billion? in dollars? Then it’s more than 10% of the total issuance, isn’t it?”

“I don’t know if I can live that far, but that’s my goal.”

Eugene was thinking that realistically it would be difficult to get so many bitcoins.

“Unlike stocks, there is no way to know who owns how many bitcoins, so you have to approach it by touching a blind elephant, right? So let’s start with a light $100,000 and try to secure as much as possible without affecting the market price too much.”

“okay.”

“And what about the other coins?”

“Litecoin is hovering around $1.4. Daily trading volume ranges from 1 million to 2 million dollars. Ripple is $0.006. Trading volume is between $300,000 and $700,000. Because the price is low, the daily trading volume is not high.”

Yoosung talked about the current status of the coins he had been paying attention to without looking at the chart.

That is why he has been taking a serious look at the situation.

“It is a good time to buy other coins as well. Likewise, let’s buy as much as we can.”

“In that case, for 15 million ethereum, Bitcoin is in possession of 10% of the issuance. So do other coins, and if we control about 10 cryptocurrency exchanges… … Are you trying to control the cryptocurrency market itself?”

Yoosung overestimated his brother’s intentions too far.

“Not to that extent. After all, the time is approaching to overestimate the value of cryptocurrency in the market. We will cash out at the right time.”

I was discussing investment plans with my brother like that, and the news I was waiting for came.

“We signed a contract to invest $300 million in all five films: Captain America, Rogue One, Finding Dory, The Jungle Book, and Zootopia.”

Tim Carell’s mouth, reporting the contract, was about to rip.

“Thanks for your efforts. As per the contract, we will pay all the investment by the end of August.”

“It’s hard work. It’s difficult to get an investment, but is there anything difficult about making an investment?”

Through Tim Carell, they all signed film investment deals worth $1.5 billion.

“And it seems that the investment in Hamilton, which you ordered separately, will be completed within this week. The musical side is not professional, so it took a bit of time.”

“Okay. Shall we go see Hamilton on the weekend?”

Eugene was more pleased to hear that the investment was made in Hamilton than that he had invested in the film.

“musical? it… … Fun?”

Yoosung looked at his brother with a slightly suspicious look.

“The reviews were very good.”

The musical Hamilton, which was first performed off-Broadway in April of this year, is a hip-hop musical about Alexander Hamilton, one of the founding figures of the United States, and will become an all-time hit.

It was already well-received on off-Broadway, a pre-show, and was about to debut on Broadway, the main base of the musical, in a month.

“I’ve never seen anything like a musical, have I?”

To be honest, most of the time men go to see musicals in Korea on a date.

In the case of women, it seems that it is not uncommon for women to fall in love with actors in musicals and go to the same musical over and over again, but man, where are you?

A man would rather have watched Captain America ten times.

“Hamilton will like you too.”

“Is that so?”

Meteor still doesn’t seem to like it.

“By the way, musical investment… … that’s a bit weird Do musicals get money from investors like movies?”

“Sure. What a staggering amount of money it costs to make a musical.”

The cost of uploading one musical is tens of millions of dollars.

Although it does not fall short of a blockbuster movie, it is still the cost equivalent to the production cost of one movie.

Spider-Man, the most expensive movie of all time, cost close to $80 million.

Of course, it is not a level that one or two people can invest in.

“Films and musical investments are completely different personalities.”

Funds invested in musicals are not paid back in the same year as in movies.

Most of the revenue from musicals comes from tickets from the theaters where they are performed.

It’s not like a movie that’s released in hundreds or thousands of theaters across the country at the same time, and how much can you sell by selling tickets in one theater on Broadway?

Moreover, the probability of a musical box office success is only 20% lower than that of a movie.

However, if it is successful at the box office, it is possible to get back a certain amount of money invested for 10 years at the shortest and decades at the longest.

So, if investment in a movie is like gambling, aiming for one shot, investment in musicals should be viewed as a savings-like characteristic that receives a constant interest every year.

If you invest tens of millions of dollars and get a billion dollars back in 20 years, it wouldn’t be too bad.

However, it cannot be seen as a very attractive investment destination for Eugene, who is already left with a place to invest.

But Hamilton is a favorite musical that Eugene enjoyed performing quite a few times in New York after coming to New York.

Raising a name as an investor in such a musical meant more to Eugene than a simple investment.

So, this investment can be said to be a very personal escape for Eugene.

“okay. It was invested by hyung, but I should take a look at it.”

If I had asked to go to see Captain America or Star Wars, I would have reacted differently than I do now.

In fact, the first time Eugene went to see Hamilton was because of a date with a woman.

Like many Korean men, Eugene had reserved a ticket for the Richard Rogers Theater with the intention of pleasing others.

And after that, Eugene went to see the same performance several times.

Of course, most of them were with someone. And they were all different.

Eugene realized that a musical performance was a fairly cost-effective dating course, and it was a perfect choice because she could enjoy it herself.

And this time, for the first time, I thought I was going to see Hamilton with someone other than a woman.

Until I saw her that weekend, visiting Eugene’s usual social gathering.

“hello. My name is Joanna.”

The person who greeted me was a woman a few years younger than Eugene.

However, she exudes an aura that ordinary people cannot even touch.

“Nice to meet you. This is Yoojin Kang. Are you here for the first time today?”

“yes. I stopped by New York for a while, and an acquaintance asked me to go with him because he had a very nice seat today. From what I’ve heard, it’s a nice mansion.”

For a moment, Eugene pondered whether she should reveal the fact that she knew about the other person.

In a few years or so, this woman will reveal herself fully in Manhattan’s financial world.

In Europe, the head of the Oranenassau family, the eldest daughter of the Dutch king Wilham VIII, and a woman with a great position of being the first in the line of inheritance to the Dutch throne, but it is not because of such a grand background that she stood out.

She studied finance in New York, joined Barclays, one of the world’s largest investment banking giants, Bulge Brackets, where she studied as an ordinary analyst for the first few years, and at some point achieved results that were difficult to compare with her classmates. He was promoted quickly and became a partner at the age of a little over 30.

Around that time, her background also became known, and she became one of the best celebrities on Wall Street with the nickname “The Queen of Investments from the Netherlands” or “The Ice Princess”.

So now, she’s just an ordinary analyst who has just joined an investment bank.

And I know that he was completely blocking his background from being known around him until his achievements were revealed to some extent.

I guess I’ll have to hide the fact that I know her identity.