Chapter 544: Prowess of a Treasure Hunt Tycoon (1/2)
Chapter 544: Prowess of a Treasure Hunt Tycoon
Translator: Nyoi-Bo Studio Editor: Nyoi-Bo Studio
Seeing the group of tourists, the treasure hunters frowned Hans whispered to Li Du, ”Dmn, this spells trouble”
”What trouble?” Li Du asked
Hans nudged Li to look ahead ”Look, what do you see?”
”A group of tourists fro Korean They are probably Koreans?”
”No, they are not tourists,” sighed Hans, ”but a group of greenhorns”
”What do you mean?” asked a confused Li Du ”Greenhorn treasure hunters?”
He knehat treasure hunting ”greenhorns” e auction industry He had encountered them several tireenhorns included that they were new to the industry, they didn't know about the market, they were usually overconfident, they tended to overbid and they bid recklessly for units
Being a treasure hunter required one to pay the ”tuition fees” Generally, the greenhorn treasure hunters paid the tuition fees when they overbid for units
However, these people were just norreenhorns?
”Think of everything you know about greenhorns They are not a group of tourists They are greenhorn treasure hunters!”
As he spoke he wore a helpless expression ”Just wait and see—today's auction's gonna get interesting The tourists are going to bid recklessly Thatmore”
Li Du was surprised and asked, ”Tourists can also place their bids?”
”Yeah, they didn't come in for free” Hans nodded ”They paid an entrance fee in order to look around the company and attend this auction The company allowed them to participate in the auction—that means they can bid for the units!”
Li Du now understood ”The storage company earns more money tays here They earn from the entrance fee imposed on the tourists They also earn e units as the tourists will place higher bids that will push up the price”
Hans replied weakly, ”Yes”
Li Du was puzzled ”I understand that the storage companies want to make money, but are they not afraid that the tourists will bid but refuse to pay up later?”
At storage auctions, it was uncommon to see units left unsold It was also unco a unit It did happen so the unit so
Such instances usually revolved around the greenhorns as veterans wouldn't dare to do this When this happened, the bidder would get blacklisted in the industry and no storage companies would allow that person to participate in any storage auctions
Greenhorns were not worried about this rule When they decided to run away, they had already decided to not return to the storage auction industry
”Tourists won't have the guts to run away,” Hans said ”Also, they are usually very rich Their main motive is to experience what it feels like to be in an auction They won't run aithout paying”
The first unit opened and everyone was ready to view it The tourists joined the line and Li Du took the last position
A tourist received a phone call halfway through the line, and so he walked to the end Li Du actually waited for the tourist as he had to maintain his position—the end of the line was his
Some tourists noticed Li Du's behavior and found it weird They consulted the tour guide about it ”Why does that man always ?”
The tour guide knew about the rules of the storage auction industry After hearing the tourists' query, she hurriedly said, ”Please keep quiet when you participate in storage auctions You must never comment on the one at the end of the line That person is the most famous and the most powerful treasure hunter—the Treasure Hunt Tycoon!”