Unintended (BTC) Tax Selling - I call BS!

in #bitcoin6 years ago

We are hearing non stop that crypto investors are selling their BTC, due to the (USA) April 15th Tax Deadline. The other non-stop hype is the predictions of BTC at $20K, 200K, 250K, or the unGodly spectacle of Richard Branson chewing on his private parts if BTC isn't $1M by the end of 2020.....

My point? If BTC is going to the moon and every one knows it, they'd be kicking SALT Lending's door down to get a loan rather than selling their BTC. SALT is 79% off its 90 day high, and no one is rushing in to buy it, even with a $27.50 arbitrage of Fiat to SALT token ratio advertised by the lending platform.

Maybe we are being lied too?

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