Good morning traders! Remember that we talked about Soros and big money looking to enter cryptocurrency world, just a few days ago?
Soros, who just recently, in the beginning of 2018, called Bitcoin and crytocurrencies "the bubble". Why now? Hmm, even the most bearish investors can turn bullish once they see a big enough and favorable reduction of price. This was what probably changed Soros' mind. Talks crap but one can be almost sure that Soros has lined his pockets with cheap Bitcoin to the brim of his "Money Bin" exploding already when we were screaming bloody murder on the declining prices.
Original image via scrooge-mcduck.wikia.com
If you think Soros, the guy with a palindrome as his name, is the only influential billionaire lining his pockets with good opportunties, series of cryptopuzzles and riches, well, think again.
The Rothschild family - the family that conspiracy theorists like to call the real rulers of the world, because of their close ties with banks, governments and financial institutions overall, are rumored to be looking into cryptocurrencies for a while now already.
You don't get to be the rules of the world with playing second fiddle or just tagging along. While the Rothschilds have connections to fiat banks, their history shows that smarts run in their family. The Rothschilds were apparently the first bank to traverse borders, with installing one family member in biggest cities in Europe, in their early days. So no reason to think they have been stuck to fiat.
screengrab from youtube
So the first rumors appearing as early as 2017, the Rothchilds have probably lined their vaults with cryptocurrencies as well. Whether they have already unloaded or not, will probably become apparent to us a few years later, but i doubt it highly, as we haven't even started yet. While most of smaller traders hold and sell on the first bigger spike, fortunes are made with holding longer and more than the average bloke behind his PC.
IOHK_Charles on Twitter
And now the Rockefellers. Venrock Capital (Venrock is short for venture + Rockefeller), another ancient giant, has taken the leap and jumped into cryptos, partnering with Coinfund, a cryptocureency investors group, that is geared towards promising crypto startups. And why not, when the other giants are already in.
Via bitcoin.com
Only question that remains, have they already made their cryptofortunes like the Winklevoss brothers of Gemini or is this just the beginning even for them, the giants? You can be sure, they won't settle for nickels and dimes. Do you have what it takes to run with them? Perhaps even frontrun them?
Sources used:
newsbtc.com
investopedia.com
bitcoin.com
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Look how Hippocratic a man can be when he told Bitcoin was a bubble and now he's thinking of entering the crypto space. Businessman will always be about business. I hope this giant can help the crypto space move up to the next level.
This is one of the things i dont like about Steemit. I'm ra*ped with hajeins posts everday, but have stumbled upon yours just recently. New follower here, so that this won't happen again
Welcome :)
well we will not know for a while, if they do they will have done OTC buys and the small shrimp like us will be hard pressed to find out
us being here on steem is already something and getting some BTC on the low is also a good idea in my opinion
For me, it is a good information. If they really go to our market, the government will change some rules because these families have a big impact on them.
What is your opinion about it? Do you think that this is a good move?
Thanks for this article, always waiting for more. Keep doing :)
If these families really have entered the cryptocurrency space, then, it's a good news for everyone, right?
In terms of wider adoption, for sure. The rest is still speculation.
I see there is a journey that will change and not stay in position. many people are looking for something but they have not been right on target.
I have some concern about cryptocurrency and i just hope it turns to positive way, many people have several views on it.
Mitos for dinosaurs
Wow... Lovely article