Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
natewelt
on 22/12/2017, 22:42:17 UTC
Liquidity in the altcoin market officially dies Jan 1st:

http://www.zerohedge.com/news/2017-12-22/trumps-tax-bill-may-be-reason-crypto-rout

But that news is also bad for bitcoin as a lot of the bitcoin demand was for gambling in places like the Poloniex casino, so it lowers liquidity for the entire crypto market.

I don't think many traders/investors/HODLERS actually know what a like kind exchange is so I don't think this is the reason for the route.