Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
samson
on 22/12/2017, 22:50:29 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.

If only there were other countries in the world which don't have this stupid rule, love to gamble and have billions of dollars worth of coins....cough...China....cough...  Roll Eyes