Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
RejectedBanana
on 12/06/2018, 16:17:48 UTC
Price evolution from here...
I don't even give a f^ck anymore... Should we just start spreading fud like yours and blindly / accepting and endorsing this fud for the little guys to sell and the big whales to buy?? We would do that if we know for sure that the whales are hodlers. But I'm guessing you are betting on the wrong pony sometimes when thinking the whales know what they are doing, because I believe they don't!!! Whales are not hodlers!!! Smiley

Well, so far as I know, the Winklevii are still holding.

At least we've got that.  Grin

Whales have to weigh tax implications, too. If they've been holding a while and they are truly a whale, that's a 23.8% profit cut right off the top for US citizens. That means they have to weigh whether it will fall at least 23.8% to make it worth their while to buy back in with a lesser amount, or instead gamble on their intact hodlings growing even bigger at the next halvening. If they are smart about cashing in and offsetting a bit at a time, they can massively minimize tax obligations.

Best laid plans, and all...