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/biz/ - Business & Finance

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8771758 No.8771758 [Reply] [Original]

Today on CNBC, he mentioned the market will likely reverse April 17th. I remember a guy who claimed he worked for a big investment firm said the same thing. He said that exact date. It was on this board about 4 or 5 days ago. What do you guys think? Sounds legit

>> No.8771796

>>8771758
https://cryptovest.com/news/verge-xvg-no-stopping-ahead-of-april-17-partnership-announcement/

>> No.8771833

>>8771796
Not just XVG, the whole crypto market.

>> No.8771849

I have it as April 18, it will break out of symmetrical triangle but might go down not up

>> No.8771868

>>8771758
CMR futures on the 18th. What's happened every time that has come up? There's your answer.

>> No.8771890

>>8771758
Anon it's the US deadline for tax returns. There are people holding on tight for BTC to go back up before cashing out.
Things are going to get rocky.

>> No.8771898

https://www.bloomberg.com/news/articles/2018-04-05/crypto-rout-driven-by-25-billion-capital-gain-hit-tom-lee-says
Says the same thing.

>> No.8771902

>>8771758
April 17th is the last day for Mutts to pay taxes. So the cascading desperate withdrawals at lower and lower prices to cover their capital gains will finally taper off near then. You can bet people have been waiting... and waiting... and waiting for another bull market so they don't have to sell their whole stack just to pay uncle sam's share on their January balance.

>> No.8771904

>>8771758
Short it

>> No.8771931

zero sum game. as long as we all shill that itll go up on the 18th and market sentiment believes it, it will happen.

>> No.8771965

>>8771931
Ah, sort of a self-fulfilling prophecy

>> No.8772180

I didn't know April 17th was tax day this year. It's usually the 15th and i always file as early as I can because that's how i am. I never wait till last minute, so i don't care to know when deadline is

>> No.8772254
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8772254

So it's settled.. Pamp it.

>> No.8772280
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8772280

Don't forget about me, guys.

>> No.8772565

>>8772254
I forgot that most of this board is 13 and don't file taxes

>> No.8772853

>>8771758

that is when taxes are due in the US of A

>> No.8772885

>>8772280
Don't worry, every time I take a shit I think about you

>> No.8773311
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8773311

>>8772885
I'm a Chad now, bitch.

>> No.8773370
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8773370

>>8771758
>Today on CNBC

You guys know this network is a total joke right?

>> No.8773373

>>8771758
Just wait until the tax returns are released and crypto will pump mark my words anon kun

>> No.8773764

>>8771758
What is the April 17 tax date again?

>> No.8773885

>>8771902

How many people does this really apply to? Somehow I doubt there's more than a handful of chucklefucks waiting until the absolute last day to sell to cover their taxes, especially when BTC was hovering around 11k a month ago.

>> No.8774710

do you seriously literally for reals have to pay taxes WITHOUT having cashed out any gains????? what kind of fucking backwards ass retard place is america? fucking lmao, what sense does that make? why even report your crypto in the first place, unless you do plan on cashing out?

>> No.8774858

Also Tim Draper has been announcing his April 12th announcement for quite some time. He is also the guy who said you will look silly trying to pay with fiat in a store come 2022

>> No.8774893

>>8774710
You can file taxes as early jan. It's only brainlets who haven't gotten tax refund by now and waited this long.

>> No.8774982

>>8771758
Yep. Big news will come from China.

>> No.8775105

This thread reeks with desperation
See you at 18th

>> No.8775119

Okay sure, whatever. So I’m at 80k now, I’m emotionally prepared to see my portfolio drop to 50k, I’m too stupid to short it, and then I’ll be back to six figures in no time. Wake me up on the 18th, I’m having a long sleep.