The Rothschild's Plan to Finish Cryptocurrencies: Popping the ICO Bubble
As many of you fellow Steemers already know, theres been an exponential rise in the number of ICO's happening as well as the amount of funds these ICO's are raising.
Yesterday Bancor's ICO raised 150 million dollars becoming the largest crowd fund ever. Most of the people investing in these ICO's (including several "professional" investors i have interviewed personally) are doing so out of pure speculation by “analyzing market behavior” thinking they will make easy, quick money without having any idea of the technology or applications that these systems will have, and without any hopes in their long term futures.
Now many of you might be thinking that you are making smart moves by buying these early ICO's, or you might think that you are outsmarting the public because you have a significant portion of the market cap of a particular digital asset and you can “control the price”. What you don't know is that by doing these things you are actually cooperating with the ruling elite who have been orchestrating a master plan to inflate the cryptocurrency market and build-up a huge bubble, which is already pretty large. Once this bubble reaches a critical point they will make it pop and this will result in the loss of millions of dollars, the destruction of several digital asset platforms (including the good ones and the scams), the destruction of our opportunity to experience freedom, and a resurgence of trust in banks, centralized currencies and systems of rule.
Most of the central banks through out the world, including but not limited to the federal reserve of the United States, are privately owned by powerful, elite groups of people often identified as the House of Rothschild. Before, this group use to be a single family that went by the last name Rothschild; but throughout the years this family spread and grew; and for public image purposes, many of its members, don't use the family name anymore. In the past couple of years with the petrodollar and the conflicts in the middle east, the rising power of pharmaceutical companies, and Monsanto's monopoly of our food supply, the Rothschilds have become more powerful than ever. However, with the mass adoption of decentralized currencies, this could all change.
Decentralized digital currency is a perfect concept; and if it became mainstream it would have the power to diminish the control that these Rothschild's have over our economic and political systems.
At the end of the day, if a decentralized currency became more widely used and trusted than the fiat currencies there wouldn't be a purpose for wars and our political and social systems would have to evolve into decentralized forms as well. This would finish off elitist control once and for all and would finally bring true freedom to the people of earth. However, as you know, greed is a very powerful feeling, and it is something these powerful elitists definitely don't lack
The Rothschilds are currently carrying out a massive plan that is creating thousands of ICO's to scam the public and disappear their funds. Then they will use all these funds they have scammed from thousands of people to make a huge pump and dump of all the other legitimate tokens and cryptocurrencies that actually have the potential to become very useful. If we do not react, and their plan gets fully executed this whole market of digital assets will crash and we will lose our last chance to beat the elitist/capitalist greed, and we probably wont get another chance.
The ruling elite have confidence that they will harvest the ignorance and greed which they have been planting in our education systems. But the truth is we can stop them quite easily; we simply have to stop behaving like the greedy people of wall street! And to do this we all have to cooperate and invest responsibly. Bellow are a couple of guidelines:
- Do your research on the technology behind the digital assets you are interested in.
- try to think of potential use cases for the technology you want to invest in; if you cant think of any then you probably shouldn't buy!
- Do your research on the development team behind technology.
- Invest in ICO's or digital assets that you would want to keep long term.
- invest in ICO's whose technology you actually want to use.
- Start using the digital assets that you purchase for something other than trading them in an exchange.
If you follow these guidelines you will have safer investments that will probably generate more money in the long run and you wont help destroy our chance of beating the system.
lets STOP behaving like wall street 2.0 and lets help BEAT these evil greedy systems of rule once and for all!
I wrote a post about my own view on the whole bubble thing. My point is very simple, if each one of us do not make their part, we can ruin the party. If we get enough bad examples out on the street we'll sure piss off a bunch of regulators and traditional investors, and that will likely limit the whole of crypto and blockchain economy's growth. Also, don't miss out on the CFA Institute's view on the ICO Bubble
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I think the reason for ICOs is much simpeler: greed and opportunity. No need to refer to those evil elites. But your list of investment recommendations is helpful.
thanks for your reply! the involvement of these elites is obviously not proven.. however i have seen ICO's that are scams and massive buys and dumps that affect pricing. Im pretty sure theres powerful groups of people behind both of these as they have both greed and purchasing power.
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