The Bullshit Investors Club, Rednecks and Crypto, What Could Go Wrong? Chapter Four

in #story8 years ago

Billy popped his laptop open, “See?” he pointed to a candlestick graph inside Poloniex, that indicated a huge uptrend in steem, the crypto currency he’d pegged as their first investment. Their money had already grown by 30% over night.

Need to catch up?

Chapter One

Chapter Two

Chapter Three

“So, when do we get our money?” Wendel asked.

“Well, I could have it as soon as Wednesday, but, the word is, this is just going to keep going up for the foreseeable future. In fact, I’d be surprised if it even slows down before it doubles again,” Billy explained, changing the view to show the Wendel the history.

“Wheeeeww,” Howard whistled. He wrestled a bite from a white bread and ham sandwich. “That’s pretty impressive. See how it rode at the last high for nearly two weeks, Wendel? And this shows the trading volume, which is rising steadily. I’d say Billy’s right.”

Wendel shot a side glance at Howard, and pursed his lips, “Well, it’s not all up to me. We’ll take a vote at our next meeting on Wednesday if Howard says it makes sense. You sure Howard? I like being president and you know what happened to Bob.”

Bob Stephens had run the lottery pool before Wendel. That had been seven years ago, and when his numbers came up losers the third time in a row, across the board, things had gotten ugly. He’d woken up with a dead chicken nailed to his front door, quit his job and moved three states away.

“I mean, really, this and being lead deacon down at the church is all I got,” Wendel said, studying the chart.

“So, if I login on this website here, it shows me what’s going on?”

Howard walked away as Billy launched into a tutorial on using the Poloniex site. “Well, you just have to build a profile, which basically means, you enter your information, like an email and your name, and then, yeah, you can find out how it’s doing.”

“Okay, so it’s like Facebook?” Wendel asked.

“Uh, sure,” Billy looked like he was wrestling with the idea of challenging the older man’s perception, then realized it didn’t really matter.

“So, what’s the news?” Alex asked Howard as he entered the break room. The two men stood watching Billy as they talked.

“Well, it seems to be going okay so far,” Howard said.

“That’s good, I need this to work,” Alex replied. He grabbed a Styrofoam cup and filled it with luke warm coffee, three creamers and five packets of sugar.

“How much did you sink into this?” Howard asked, watching Alex carefully.
Alex sighed, patted Howard on the shoulder, “Don’t worry, they won’t let you cash in your whole 401K, so I’ll be all right.”

Howard’s shoulders dropped as Alex left the breakroom. He felt responsible. Maybe he should have said something.

“Holy crap!” This from Tito, who now stood over Billy’s shoulder, watching the laptop screen. “Did you see that? It just jumped like, I don’t know a lot! Green’s good, right?”

Billy tapped a couple of keys, Howard moved closer to get a better look, “Uh, yeah, it’s very good. Seems it just jumped another 30% over yesterday.”

“Great!” Jonesy, a night foreman who was covering a shift on the day team said. “I want in!”

Wendel smiled, “Sorry, we have to keep this simple.”

“Uh, sorry, Jonesy, but I can show you what to do, if you want,” Billy offered.

“Nah, I don’t even have a computer. Well, my kid’s got one, but I can never get her off it for five minutes. It’s all good. If this takeover don’t work out, I’m heading over to Virginia, my brother’s a foreman at a mine there,” Jonesy grinned, and slapped Billy on the back. “Way to go, little buddy. I hope you make all these greedy bastards filthy rich, maybe one or two will remember me in their wills!”

“Whoa, what was that red spike right there?” Tito roared.

“Just a slight downturn. It happens. After a big jump, there’s going to be a correction,” Billy explained.

“You mean you just lost some of my money, that’s what you mean, huh?” Tito said, menacingly.

“Cool your jets, Tito, what happens when the lottery numbers don’t pay?” Wendel asked, smiling.

Tito thought for a second, It looked like hard work, “We get nothing. But this was up a second ago, how can someone just take part of it?”

Howard stepped in. He pulled pencil from his pocket. “It’s like this, Tito. If you bought ten apples at ten cents a piece, you’d spend how much?”

“That’s easy, I’m not stupid, a dollar,” Tito said.

“Okay,” Howard drew ten circles, then wrote “$1” at the top of the paper.

“Suppose someone offers to buy the apples at twenty-five cents each.”

“Why? I’d just tell them not to be dumb, go buy them at the store for ten cents,” Tito laughed, Sid snickered from across the room.

Howard sighed, “Okay, but suppose the store raises their price to twenty five and you take the apples back, how much are they worth?”

Tito furrowed his brow, “Uh, two fifty, right?”

“Right. So, the price of your apples went up, they are worth more, but how many apples do you have?”

“None, I sold them all for twenty-five cents each. Man, you really think I’m dumb, huh?”

“Okay, but the number of apples, did it change?” Howard asked.

“No, why would it?”

“Exactly. This stuff we’re investing in is like that. We buy a specific amount of “shares” or percentages of shares. As the price goes up, or down, we make money, or we take a loss. But, we still have the same amount of shares. Get it?”

“Yeah, okay. That makes sense. So, the store changed the price?” Tito asked.

“Not ex….” Billy started to answer. Howard laid a hand on Billy’s shoulder.

“Sure, Tito, the store changed the price,” Howard said. Billy nodded, it was much easier this way.

“Cool. I get it. So, we hope they raise the price, so our apples, or, “shares” are worth more,” Tito walked away seemingly satisfied.

“Don’t piss him off,” Howard whispered to Billy.

“Yeah, I got that.” Billy determined never to discuss the Bullshit Investors Club with Tito alone. If something was going to happen, he wanted backup.

Like the story so far? Leave a comment, ask a question, upvote and resteem! Please consider upvoting previous chapters! Thanks!

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Yeah, seriously , NO other market is growing as fast as the crypto currency market. We are in a renaissance...

I am blown away by the growth that I have seen. I will never forget reading about Bitcoin mining when it was in it's infancy. Everything we have now (etherum, Steem, etc.) would have not even been on the radar 10 years ago. This is an interesting time to be alive.

the bitcoin story is unbelievable. When i first noticed it was at 20€, i thought alright. Thats a lot , im not buying, then it was 80 the next day and i bought :D. But the mt gox supernova hit me and i lost trust in crypto. I could have had it all (sing)

If we can keep the centralized banks from iceberging our Titanic, we might just be.

By printing more money?

Their only chance is introduction of Govcoin.

Yes please govcoin come and save us all. LOL

he was joking... centralized banks will never touch crypto... if they come up with a coin themselves, no one should buy or support it.

Yes, Tdeezi, perhaps you are not fluent in sarcasm, I was joking as well.

Perhaps

Lol a govcoin will have built in demand as you will have to pay your taxes in it. That's how all government fiat works, you need it as it is the only means of paying your "public debt" aka taxes to the government.

"the first rule of Bullshit Investors Club is: you do not talk about Bullshit Investors Club..."

Wow your photo is very good. I really like it. I try to immortalize in my file. I want to share with you please visit my wall and upvote and follow me @sunbahri

Great Story;
Excellent writing done;
Keep the bars high;
Want to tell you;
As I am new to steemit, I like to follow people all over the world, Of different ages
Following you to learn more about the world you live in !
I hope you will check out my profile too now and then !
@saurabhgupta
Have awesome posts about the travelling ,poems, drawing, historical places, and the tech part.
I have upvoted and followed you.

interesting article! thanks for posting^^

I like the story thanks for sharing

deserve upvote and resteem

Hey, thanks!

no problem dude....always get my support....

new chapter is up

thanks for inform.... :)

a very interesting read and thank you for posting

thanks and thanks for the comment

What did i just read?

Ha ha ha! YESS! That's the kind of reaction I'm looking for, get the other chapters and stay tuned, more fun to come.

It might just be because I am high right now, but you all are literally saying everything I was going to say, except for this which is why I wrote it.

This story is not considered to be a fiction. It may be a real one with real personages.

Well, considering I made it up from nothing, yeah, it is considered to be a fiction. Thanks for playing though.

love will save the world ! :)

Very good news to read

I have just discovered this fiction. It's really cool I'll read it tonight. I'll follow you. Great job thanks :)

Excellent writing! It keeps my attention the whole way through. Keep it up :)

That's actually a really great compliment these days. So much writing doesn't.

new chapter is up

Awesome, thanks!

That was a good read the entertaining too!!! Thanks.

Thank you, stay tuned for more.

Redneck invester , nice article ! Enjoyed it !

thanks, glad you enjoyed it

new chapter is up

Hi @markrmorrisjr
Great story, I like the way it was presented. ez to read and follow.

So if Crypto was a baseball game, what inning do u think we are in?

Man, I don't even think we've chosen up teams yet.

lol, great response. I was gonna say the 1st inning. But like your input better!

Do you think there will be a convergence of all these alt coins at some point? there's an ICO everyday now...

Man, I don't know. I feel so new at this whole thing. I could see some smaller ones merging to try and compete with Bitcoin and Ethereum, maybe. But steem is the only one of its kind.

steem is great. and its platform is outstanding. although it is difficult to gain Reputation (btw, feel free up follow/upvote me :) ), its clear steemit is gaining much popularity.

regarding investing in crypto, the best option (or at least the most safe) is diversification ;)

At the moment, crypto is all so closely tied to bitcoin, in fact most of it is only traded for bitcoin, that unless you want to daytrade, bitcoin is your best bet.

As for gaining reputation, it's all about getting comments. Lots of comments. It's harder to earn reputation points past a certain level, though, I notice.

new chapter is up

Freaking hilarious. Thanks

thanks, just having fun with this one

Never invest more money then you can afford to lose. Rule number 1 in any speculative investment.

I thought this was a chart reading and turned out to be a great reading. Thanks for sharing, I'll read the other ones when I get a chance!

Thanks, glad you enjoyed it, stay tuned for more!

new chapter is up

Dude this is awesome! Kind of inspired me. I read this one first and I will go back to read the rest of them. Really strong writing. Great work, I can't wait to catch up. You picked up a new follower.

Thanks, glad you enjoyed it. I hope I can live up to the expectations. LOL

thanks for sharing good information :)

Thanks, glad you enjoyed it, stay tuned for more.

Good information..keep it up

thanks, glad you enjoyed it.

thank you for good posting.

I have joined steemit a few days ago! And i would like for anyone here to see my blog , comment and help me out! upvote would be a bonus! kindly help anyone?

What could go wrong? Well governments could ban the trade of crypto altogether. As it becomes more main stream, that becomes my biggest fear.

Dont' reply to my title without reading my stories, mmkay? It's a fictional story, you might like it.

Cool your jets Tito :) Very well written, will go back to catch up now. No worries, I am used to asynchronour reading ;) Keep up your great contributions!

Not worried, just doing my thing. Glad you liked it.

Who else is trying to give a cool comment in way to take some upvotes :D ?

Ha, well, there are some great writers on this site, but most of them are not in the top payouts. You have to dig.

This is a great story! Thanks for sharing @markrmorrisjr! :)

Thanks for the comment. I'm enjoying this one.

New chapter added.

Congratulations @markrmorrisjr
You took 19 place in my Top 100 of posts