Quote from: Xester on April 17, 2018, 11:56:48 AM

Quote from: salman21 on April 17, 2018, 11:52:09 AM

Rothschild family is entering in bitcoin market.

What may happen, is it a good news or bad news?

How much can it go wrong?

Any ideas?

It is both good news and bad news. It is good news on the sense that if they enter the market surely the price will hit not just the moon but also pluto. A huge surge in value will occur when they enter bitcoin. The problem is that they will huge amount of bitcoins and they will be on the top of bitcoins food chain and they will have monopoly. Also if they plan to destroy bitcoin they will dump it when the price was too high and a huge crash will occur that would destroy bitcoin economy will occur.

That might happen if they sell all their assetts and buy into Bitcoin with everything they own, but how likely is that? Isn't it more likely that they will just try to diversify all their assets and maybe but 1% or 2% of their value into cryptocurrency? I think you are right, the big investors can rattle the cages a lot, but I don't think they alone will let the price explode and implode again like they want it to.