Venguis
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Chapter 193: Profit Without Capital
🕑 Added 2023-12-14 22:43:14 +0000 UTCIn the twelfth life, the mastermind behind the speculation of Spirit Mist Grass was Greenwood Rebirth True Lord.
However, in this life, he abandoned his role as the mastermind and entered the game for personal gain.
There were many behind-the-scenes players with the same mindset as Greenwood Rebirth True Lord.
Under the influence of these individuals, the price of Spirit Mist Grass, after briefly stabilizing at 35 points, began its second surge.
On the second day of the event, the price skyrocketed to 50 points at one point.
Then it dropped to 45 points, fluctuating between 45-50 points.
The fact that the price of Spirit Mist Grass more than doubled in a short period became a topic of discussion among many cultivators.
They were excited, and in their conversations, it seemed as if the price of Spirit Mist Grass would at least rise to a hundred points.
Gradually, many latecomers, who were inevitably attracted, began to participate.
Under this influence, on the third day, the price of Spirit Mist Grass successfully broke through the 50-point mark, soaring to 54 points.
In the Thousand Mile Hall of the Ten Thousand Immortals Island:
"Fellow Daoist Jiao, can we take action now?" Li Fan asked again.
Jiao Xiuyuan's eyes were filled with greed, and he shook his head vigorously, "No, not yet! Right now, Spirit Mist Grass is still Spirit Mist Grass. The real profit will come when Spirit Mist Grass is no longer just Spirit Mist Grass! It's close; I feel that we're just a step away!"
On the other side, He Zhenghao shared the same opinion as Jiao Xiuyuan.
"Fellow Daoist Li Fan, remember, firmly hold onto Spirit Mist Grass. Don't believe those who say its price will crash. Those are rumors spread by people who haven't joined the fray yet, trying to lower the price. Trust my judgment! The price of Spirit Mist Grass will rise again!"
...
As if confirming their words, in the following days, the price of Spirit Mist Grass continued to rise.
It reached 66 points.
In the Tianxuan Mirror, Li Fan shook his head, "It seems that we are just a spark away from real madness. Of course, the bubble could burst at any moment."
Li Fan looked at the 2,900 Spirit Mist Grass in his hands and decisively chose to sell a thousand.
At this moment, Li Fan discovered another advantage of being in the Ten Thousand Immortals Alliance system: according to the permission level, he could sell goods at the actual market price a certain number of times each year.
At permission level five in the system, he could do it three times a year.
So, at 66 points of contribution, Li Fan sold the Spirit Mist Grass, gaining 66,000 contributions instantly.
Li Fan remained calm and continued to observe how the situation would evolve.
When the price of Spirit Mist Grass reached 69 points, the upward trend was finally restrained.
Some enthusiasts also began to feel that the price of Spirit Mist Grass had indeed been pushed too high.
There was a risk of collapse.
So, like Li Fan, they chose to secure their gains and tried to advise their fellow Daoists to stay rational.
The price did decrease a bit due to this, but it was quickly pushed back up by more speculative cultivators.
However, it never broke through the barrier of 69 points.
The bulls and bears engaged in fierce battles, lasting for five or six days without a clear winner.
Just when the situation reached a deadlock, an unexpected turn of events occurred, much to Li Fan's surprise.
The variable that Jiao Xiuyuan mentioned had truly arrived.
On this day, the slightly insane messages of Jiao Xiuyuan and He Zhenghao came simultaneously.
"Hahaha, fellow Daoist Li Fan, how's my foresight? The price of Spirit Mist Grass is going to soar to the sky!"
"It's here! The real opportunity for tens of times the profit has finally arrived!"
Li Fan was awakened from his cultivation and glanced at the price of Spirit Mist Grass.
Suddenly, he thought he had seen it wrong.
One hundred and thirty-five points per plant.
Li Fan was stunned and looked again.
One hundred and sixty-six points per plant.
Moreover, this number was increasing rapidly.
"How can this be?" Li Fan was bewildered.
He quickly inquired.
Jiao Xiuyuan and He Zhenghao, one after another, gave the answer.
Both of them spoke with excitement, their voices trembling slightly.
"Just now, the news came."
"Hidden Dragon Abyss, Misty Phoenix City, and Cangmeng Island..."
"These major cultivation sites for Spirit Mist Grass within the Ten Thousand Immortals Alliance were simultaneously attacked by unidentified cultivators."
"All the cultivated Spirit Mist Grass was destroyed."
"These people are crazy; they even completely destroyed the special environments designed to grow Spirit Mist Grass in those places!"
"This means that, for a long time, there won't be any new Spirit Mist Grass growing in the entire Ten Thousand Immortals Alliance!"
...
"These people really dare..."
Li Fan couldn't help but fall silent.
He couldn't help but recall the well-known words of wisdom from before he crossed over.
For 10% profit, all people will be attracted; for 20% profit, people become active; for 50% profit, people become daring; for 100% profit, people will subvert the law; for 300% profit, people will dare to commit any crime, even risking execution.
Even in a different world, it was still the same.
Moreover, at this moment, it was not just a threefold profit.
The news of the simultaneous attacks on cultivation sites instantly ignited the price of Spirit Mist Grass.
In just the time it takes for an incense stick to burn, it rose from over 160 points to 212 points.
Furthermore, it was still rising without a limit.
Cultivators who had previously sold Spirit Mist Grass at over sixty points, in their remorse, tearfully bought it again.
Seeing the price of Spirit Mist Grass soaring upward again, cultivators who already had Spirit Mist Grass but were still wealthy couldn't help but want to buy again.
For a moment, in the Tianxuan Mirror, the price of Spirit Mist Grass once again irrationally skyrocketed.
Two hundred and fifty-five, two hundred and eighty-two, two hundred and ninety-nine...
Soon, its price exceeded three hundred points.
At this point, the majority of cultivators understood that the price of Spirit Mist Grass had become a complete bubble.
But they were all gambling.
They were betting that they could escape unscathed before the bubble burst, while also earning contributions that they couldn't earn in a lifetime of labor.
The greed of human nature was fully revealed.
The rising trend that could explode at any moment made Li Fan feel shocked as well.
Suddenly, a strong sense of unease surged in his heart. At the price of three hundred and ten points, Li Fan decisively sold all the remaining 1,900 Spirit Mist Grass in his hands.
This didn't even cause a ripple, and it was instantly swallowed by the irrational cultivators.
Five hundred and eighty-nine thousand contributions.
Adding the previous sixty-six thousand, Li Fan looked at his total of six hundred and fifty thousand contributions as if in a dream.
Comments
as I recall, in the previous lifetime the price fell because multiple new sources of the grass were excavated/publicized, while in this timeline they sabotaged those sources
Thanks for the chapter. It's a bit sad that the author forgot, the he/she used to write during the first speculation blobs, that spirit gras can't become more expensive as it is, as it's just a low tier ingredient with alternatives. And now we have multiple times the price of then, just to forcefully give the MC a lot of coins for free.
