Bitcoin Forum

Economy => Economics => Topic started by: Bitcoinpro on June 24, 2015, 08:23:25 AM



Title: Rothschild's gigantic banking family prepares for the inevitable
Post by: Bitcoinpro on June 24, 2015, 08:23:25 AM
selling a fiat unit 50 years ago would have been blasphemous to these men and women

today


http://www.ft.com/cms/s/0/4ed9dd9e-e27b-11e2-a7fa-00144feabdc0.html#axzz3dxvDlzyZ


Title: Re: Rothschild's gigantic banking family prepares for the inevitable
Post by: shorena on June 24, 2015, 08:31:41 AM
selling a fiat unit 50 years ago would have been blasphemous to these men and women

today


http://www.ft.com/cms/s/0/4ed9dd9e-e27b-11e2-a7fa-00144feabdc0.html#axzz3dxvDlzyZ


Linking an article that comes with a pay/registration wall? Really?


Title: Re: Rothschild's gigantic banking family prepares for the inevitable
Post by: Bitcoinpro on June 24, 2015, 08:38:58 AM
seems like the unmovable object called fiat just got blasted to smitherines


Title: Re: Rothschild's gigantic banking family prepares for the inevitable
Post by: tmfp on June 24, 2015, 08:48:11 AM
I think this refers to the upcoming sale of the UK state's shareholding in RBS, a bank bailed out in 2008 with £45bn of government money. The good old "Too big to fail" days.
Now Britain has got a Conservative majority government run by neocons, they're selling anything that's not nailed down, with 'advisers' like Rothschilds queuing up for their fat fees.
Nothing new here.
Here's a free article link

http://www.theguardian.com/business/2015/jun/10/george-osborne-signals-rbs-sell-off-at-mansion-house-speech


Title: Re: Rothschild's gigantic banking family prepares for the inevitable
Post by: Kakmakr on June 24, 2015, 09:01:28 AM
Who in his right mind would buy shares in a failing bank?
"The analysis by Rothschild concludes that a multibillion-pound lawsuit that RBS faces from the US authorities relating to the subprime mortgage crisis and expected later this year will not damage the bank’s fragile share price."
To top that, they are faced with the biggest disruptive technology, since horses was replaced by cars.


Title: Re: Rothschild's gigantic banking family prepares for the inevitable
Post by: manselr on June 24, 2015, 09:10:16 PM
Now we only need a single Rothchild member to put some of his/her wealth into BTC to drive the price to jupiter. Anyone getting in BTC can only be an ally, that is the beauty of the blockchain, so they are welcome.


Title: Re: Rothschild's gigantic banking family prepares for the inevitable
Post by: yayayo on June 24, 2015, 11:44:11 PM
Who in his right mind would buy shares in a failing bank?
"The analysis by Rothschild concludes that a multibillion-pound lawsuit that RBS faces from the US authorities relating to the subprime mortgage crisis and expected later this year will not damage the bank’s fragile share price."
To top that, they are faced with the biggest disruptive technology, since horses was replaced by cars.

Do not underestimate the power of banks to change and adapt! Bankers have a lot of "friends" in the existing system (because they have $$$) so it's reasonable to expect that they will be protected by government to some degree.

Banks are already exploring the Bitcoin sphere. They will try to adapt their business plan to Cryptocurrencies. Hopefully they will not find a way to establish another fractional reserve system...

ya.ya.yo!


Title: Re: Rothschild's gigantic banking family prepares for the inevitable
Post by: chennan on June 25, 2015, 03:18:31 AM
Now we only need a single Rothchild member to put some of his/her wealth into BTC to drive the price to jupiter. Anyone getting in BTC can only be an ally, that is the beauty of the blockchain, so they are welcome.
It is not the right way to suddenly push the price significantly by a billionaire.At the same time they could dump the bitcoin at a good price and crash the price. What we want is that when the price stablely increase, the adoption rate is increasing as well!

 


Title: Re: Rothschild's gigantic banking family prepares for the inevitable
Post by: H.W.Z on June 25, 2015, 03:35:16 AM
Who in his right mind would buy shares in a failing bank?
"The analysis by Rothschild concludes that a multibillion-pound lawsuit that RBS faces from the US authorities relating to the subprime mortgage crisis and expected later this year will not damage the bank’s fragile share price."
To top that, they are faced with the biggest disruptive technology, since horses was replaced by cars.
Banks are operating under this restrictive legislation and the bad economy. The share price declines a lot. IMO the lawsuit would definitley have negative impact on the share price! The gov just finds this good opportunity to sell off these shares to the public. They cannot bear the further loss of share price. Rothschild is just here to justify the selloff for gov.


Title: Re: Rothschild's gigantic banking family prepares for the inevitable
Post by: OROBTC on June 25, 2015, 04:03:41 AM
...

Who knows what "Financial Giants" like the Rothschilds will do in their investments?  Certainly I do not.

The Rothschilds are likely the richest family in the world, with many holdings in banks.  They also own castles and vineyards, and likely LOTS OF GOLD.

I am not sure if they see BTC as inevitable or not.  But, if/when they do, you can be sure that they will stake a claim in the Bitcoin World...

A long but interesting article on the Rothschilds can be found here: https://en.wikipedia.org/wiki/Rothschild_family


Title: Re: Rothschild's gigantic banking family prepares for the inevitable
Post by: qiwoman2 on June 25, 2015, 04:54:01 AM
...

Who knows what "Financial Giants" like the Rothschilds will do in their investments?  Certainly I do not.

The Rothschilds are likely the richest family in the world, with many holdings in banks.  They also own castles and vineyards, and likely LOTS OF GOLD.

I am not sure if they see BTC as inevitable or not.  But, if/when they do, you can be sure that they will stake a claim in the Bitcoin World...

A long but interesting article on the Rothschilds can be found here: https://en.wikipedia.org/wiki/Rothschild_family

They are also just one of the large families of Elites. We all know that these are the peeps who drive the markets, just like the whales in the btc exchanges. They can cause a financial collapse in seconds only to take out from underneath everyone any little ounce of wealth they have accumulated at dirt cheap prices, they are doing this to fiat for centuries now, only the peeps are waking up and looking to decentralized alternatives like bitcoin.


Title: Re: Rothschild's gigantic banking family prepares for the inevitable
Post by: bitnanigans on June 26, 2015, 03:04:00 PM
selling a fiat unit 50 years ago would have been blasphemous to these men and women

today


http://www.ft.com/cms/s/0/4ed9dd9e-e27b-11e2-a7fa-00144feabdc0.html#axzz3dxvDlzyZ


Linking an article that comes with a pay/registration wall? Really?

http://www.google.com.ng/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&ved=0CBwQFjAA&url=http%3A%2F%2Fwww.ft.com%2Fcms%2Fs%2F0%2F4ed9dd9e-e27b-11e2-a7fa-00144feabdc0.html&ei=qmmNVdbpIcGwsAG_g5OwCw&usg=AFQjCNH82wG0S51J4mq-CICUwcBe8zVqkw&bvm=bv.96782255,d.bGg&cad=rja

Fixed. Protip: Search for the article URL using Google and just click through to access it.


Title: Re: Rothschild's gigantic banking family prepares for the inevitable
Post by: Miracal on June 27, 2015, 07:50:25 AM
...

Who knows what "Financial Giants" like the Rothschilds will do in their investments?  Certainly I do not.

The Rothschilds are likely the richest family in the world, with many holdings in banks.  They also own castles and vineyards, and likely LOTS OF GOLD.

I am not sure if they see BTC as inevitable or not.  But, if/when they do, you can be sure that they will stake a claim in the Bitcoin World...

A long but interesting article on the Rothschilds can be found here: https://en.wikipedia.org/wiki/Rothschild_family

I've always hated rich people :/ They come #2 in the richest families, they have a net worth of 350 Billion dollars. If bitcoin peaks their interest, they will shake the god damn market and shift their powers there too. A lot of cash, a lot of gold, a lot of assets. These people can literally buy anything they want to. ANYTHING.


Title: Re: Rothschild's gigantic banking family prepares for the inevitable
Post by: HigsonPP on June 27, 2015, 08:09:22 AM
...

Who knows what "Financial Giants" like the Rothschilds will do in their investments?  Certainly I do not.

The Rothschilds are likely the richest family in the world, with many holdings in banks.  They also own castles and vineyards, and likely LOTS OF GOLD.

I am not sure if they see BTC as inevitable or not.  But, if/when they do, you can be sure that they will stake a claim in the Bitcoin World...

A long but interesting article on the Rothschilds can be found here: https://en.wikipedia.org/wiki/Rothschild_family

I've always hated rich people :/ They come #2 in the richest families, they have a net worth of 350 Billion dollars. If bitcoin peaks their interest, they will shake the god damn market and shift their powers there too. A lot of cash, a lot of gold, a lot of assets. These people can literally buy anything they want to. ANYTHING.

No, there are a lot of things they can't buy.. like my self respect. Just kidding, they totally can. But there are a lot of things which either they cannot buy because they don't have enough money or the authority (things not for sale by the government). Some of them could be found here:

https://en.wikipedia.org/wiki/List_of_most_expensive_buildings_in_the_world
https://en.wikipedia.org/wiki/List_of_megaprojects
https://en.wikipedia.org/wiki/Lists_of_most_expensive_items


Title: Re: Rothschild's gigantic banking family prepares for the inevitable
Post by: Mehek on June 27, 2015, 08:49:28 AM
...

Who knows what "Financial Giants" like the Rothschilds will do in their investments?  Certainly I do not.

The Rothschilds are likely the richest family in the world, with many holdings in banks.  They also own castles and vineyards, and likely LOTS OF GOLD.

I am not sure if they see BTC as inevitable or not.  But, if/when they do, you can be sure that they will stake a claim in the Bitcoin World...

A long but interesting article on the Rothschilds can be found here: https://en.wikipedia.org/wiki/Rothschild_family

I've always hated rich people :/ They come #2 in the richest families, they have a net worth of 350 Billion dollars. If bitcoin peaks their interest, they will shake the god damn market and shift their powers there too. A lot of cash, a lot of gold, a lot of assets. These people can literally buy anything they want to. ANYTHING.

No, there are a lot of things they can't buy.. like my self respect. Just kidding, they totally can. But there are a lot of things which either they cannot buy because they don't have enough money or the authority (things not for sale by the government). Some of them could be found here:

https://en.wikipedia.org/wiki/List_of_most_expensive_buildings_in_the_world
https://en.wikipedia.org/wiki/List_of_megaprojects
https://en.wikipedia.org/wiki/Lists_of_most_expensive_items

Wow, I discovered the Songdo International Business District Megaproject from Seoul, South Korea through your list which is currently under development costing around $40,000,000,000 :o :o