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RE: Bitcoin Speculation: Moore's Law
I actually think the tax season may be a negative catalyst as there may be some that took large gains at the beginning of 2018 when the market was peaking. Hopefully, they held on to the gain to lay taxes as it may lead to them needing to sell if not ready for the tax bill.
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Good point, but I think there is a better chance that the fear of that happening suppresses the price until the moment has passed. So many people lost money last year. The ones who lost the most have the most to gain by claiming those losses. We have to assume that some of this money will flow back into the market. Whether liquidity will be significantly modified in one direction or another is a different story.