/biz/ - Business & Finance

So I've got a theory and want to see what you biz faggots think. Early in 2017 we saw an incredible increase in the price of alts, ETH being one of the most notable examples. BTC also saw massive gains, but you already know that. I think that the upcoming futures trading and necessity for Americans to cash out for tax purposes will create a perfect storm. Wallstreet will short, knowing this is coming, and people that have seen massive gains (like myself) will need to have cash on hand to cover their taxes. This is all speculation, but I could see futures opening without much price movement while traders slowly accrue a short position. Then, a fairly big crash. People who will owe taxes from trading throughout the year will panic and sell, driving it everything lower. I think XMR would be safe due to tax dogging, which is a part of why it's mooning now.

Maybe I'm just paranoid though. Also kind of drunk now.