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
Still not selling your vote to Minnowbooster to earn SBD? Do it now
Title image from pixabay
Are you looking for Minnowbooster, Buildteam or Steemvoter support? Or are you looking to grow on Steemit or just chat? Check out Minnowbooster Discord Chat via the link below.
buildTeam.io