Okay, here's my new theory based off of reading various prophecies, as well as looking at the historical connections here: The newly revealed Prince Aegon is not the son of Rhaegar Targaryen, but is instead a descendant of Maelys Blackfyre or "Bittersteel" Aegor Rivers. Some prophecies that lead me to this suspicion: "No. Hear me, Daenerys Targaryen. The glass candles are burning. Soon comes the pale mare, and after her the others. Kraken and dark flame, lion and griffin, the sun's son and the mummer's dragon. Trust none of them. Remember the Undying. Beware the perfumed seneschal."- Quaithe to Dany in a dream. Here, obviously the "Mummer's Dragon" would be Prince Aegon. The wiki listed the Mummer as probably Varys and the Dragon as Aegon, but the phrase together "Mummer's Dragon" makes it sound like it's a farce. Also above she is warned of "Dark Flame", and although that is probably Moqorro (the connection to the Kraken supports that), it could also very easily be a reference to "Blackfyre" as "Dark Flame". The second dream that makes me think that Aegon is not a descendant of Rhaegar is Tyrion's dream: That night Tyrion Lannister dreamed of a battle that turned the hills of Westeros as red as blood. He was in the midst of it, dealing death with an axe as big as he was, fighting side by side with Barristan the Bold and Bittersteel as dragons wheeled across the sky above them. In the dream he had two heads, both noseless. His father led the enemy, so he slew him once again. Then he killed his brother Jaime, hacking at his face until it was a red ruin, laughing every time he struck a blow. Only when the fight was finished did he realise that his second head was weeping So, who is "Bittersteel" that Tyrion is fighting beside? Is the gold-dipped skull of Bittersteel actually up and fighting, or does this refer to his descendant? Also... what is the meaning of the "two heads"? I think I wrote somewhere else that this might have something to do with warging... but then again, Malys the Monstrous is the only character around who had two heads. Of course there's this one: "Dragons," Moqorro said in the Common Tongue of Westeros... "Dragons old and young, true and false, bright and dark. And you. A small man with a big shadow, snarling in the midst of all." - Moqorro to Tyrion Aegon would obviously be the false one... "dark" could be a reference to "Black"fyre, although that's a bit more of a stretch. From Dany's visions in the House of the Undying: A cloth dragon swayed on poles amidst a cheering crowd. Stated by Danny later that it was a "Mummer's Dragon". Okay, so all the prophecies above lead me to believe that Aegon is definitely not the son of Rhaegar and an actual Dragon/Targaryen. A couple point to possibilities of a Blackfyre or Bittersteel connection. The historical pretext however is the strongest evidence. The Golden Company was originally founded by Bittersteel and the remaining sons of Daemon Blackfyre for the explicit purpose of keeping support for House Blackfyre and launching attacks to eventually retake the Iron Throne from the Targaryens descended from Daeron II Targaryen. Why on earth would they commit themselves to protecting the rightful Targaryen heir (on the side that the Blackfyres argued for centuries was not the legitimate lineage) and then wage a war to put him back on the throne? Maelys the Monstrous was supposedly the last Blackfyre "in the male line" and he was killed by Barriston Selmy in 259, that would make him thirty or so years in the grave before Aegon was born. However, what of the female Blackfyres? Could there be more floating around? And what of Illyrio's beautiful second wife, Serra, that looked so much like Dany? He claimed that she was a pillowhouse worker from Lysene who he liked so much that he married her. He claimed that the Prince of Pentos was upset with him for marrying a prostitute, but what if instead the Prince was upset with him for marrying a Blackfyre, especially if it happened after the War of the Ninepenny Kings? And we have this nice little quote from Illyrio: "Black or red, a dragon is still a dragon" - Illyrio to Tyrion If you also want to throw in there that the Black Pearls (who are courtesans) of Bravos (where Illyrio was such a dashing young warrior) are descendants of another of Aegon IV's bastards... well then we have a whole host of background to lead us to believe that the current "Prince Aegon" is instead a descendant of one of Aegon IV's bastards, and most likely is a Blackfyre. I look forward to the actual sword, "Blackfyre", making an appearance in the future. Seeing as the other Targaryen sword "Dark Sister" was last in the possession of Bloodraven, there could be a confrontation between the two in the future... Maybe that is the dragons "bright and dark" that Moqorro was talking about.