The Real Reason Behind Bitcoin’s 2018 Price Crash REVEALED!

Hey Altcoin Daily Team!!

Yes! You are gonna like this video. Today I want to talk about the LATEST crypto news!


The Real Reason Behind Bitcoin’s Price Crash Revealed

Op-ed: How to Turn Your Bitcoin and Crypto Losses into Tax Savings

Loss limits

Bitcoin Crash Charts

Do you agree with my reasoning? Give me your thoughts?


#bitcoin #crypto #invest

Like. Subscribe.

#Bitcoin #Crypto #Invest

**NOT financial advice! Just opinion. Make your own decisions!
**NOT financial advice! Just opinion. Make your own decisions!
**NOT financial advice! Just opinion. Make your own decisions!

bitcoin, cryptocurrency, crypto, altcoin, altcoin daily, blockchain, decentralized, news, best investment, top altcoins, ripple, ethereum, electroneum, tron, best altcoin buys, hodl, vechain, 10x, 100x, investment strategies, 2018, 2019, 2020, eos, stellar lumens, omisego, top altcoins 2019, dogecoin, bitcoin etf, elastos, bitcoin cash, Bitcoin scam, bitcoin crash, bakkt, Fidelity, Nasdaq, Bitcoin death spiral, xrp, capitulation, bitcoin bottom, revealed, bitcoin tax, bitcoin sell off, capital gain tax


Recommended For You

About the Author: Altcoin Daily


  1. all the people blaming market manipulation and bankers are complete morons the price of bitcoin spiked in 2017 was because of the bitcoin miners going through their halving event. Bitcoin miners the people with the computers who get paid in bitcoin to store the digital asset goes through a halving event every 4 or 5 years because of the computing power needed to complete the ginormous transactions and computing gets paid half the bitcoin directly causing the price to spike the first halving it went from 20 too 200 the second went from 200 to 1800 in 2017 it went from 2400 to 19,000 and that's whe there predictions of 200,000k bitcoin in 2022 because of the next having event and every time the next year and a half the price dumps allmost back to its original price that's why people are predicting 2200$ bitcoin in 2019 because of iITS HISTORY WITH HAVING EVENTS THERE IS NO PUMP IN DUMP SCHEEM BY BANKERS GET OFF THE CONSPIRACY THEORY CRACK!!

  2. Stick with XRP and BTC as much as you can guys. If everyone sells when it starts to fall, which at one point it will, the dream may be lost because of it being too volatile for companies to get behind. just remember where it's going and don't be put off by short term fluctuations and don't facilitate this dream into becoming a nightmare. The coinbase thing will undoubtedly be replaced by another incident but it will always correct to higher until it's mooned naturally. Don't give up on it and start day trading it, it will take too much time and concentration. Remember XRP is probably bitcoin part 2. It is quite unfortunate that the most popular word lately among-st crypto enthusiasts and traders alike is “hodl.” This concept of “holding on for dear life” in itself may not be a bad idea but why hold on to an investment instrument which could make you some money, or make you very miserable tomorrow? Making a good profit off crypto is easy if and only if you can find the right entry point and exit point in your day trading. Someone I discovered that has tremendously helped me with this is Mr. Sebastian Field. He has a system which is so effective it amazes me. I have been using his signals and strategies and have turned out a very impressive profit over the last two months. I would suggest him for beginners and even more experienced traders who have a problem turning in a consistent profit. His contacts are ( kanielnolasco @ gmail com com )

  3. Tether guys pushed it all the way up in 2017. Then Futures opened up all the short contracts in 2018. Nothing to do with taxes. Hard to see ATH's again, with all this derivative crap going on. Reminds me of Silver derivatives. Totally manipulated.

  4. Mining of Bitcoin is the best way to acquire Bitcoins! to start with the mining of Bitcoins, I recommend Mrs Rachel Brooke  via Email:  Mining with her is very reliable and promising in terms of profits and returns. I found her email here on YouTube, it took me time to contact her but i eventually did and she helped me increase my Bitcoins from 1BTC to 3BTC in 2 weeks with her amazing software and strategy. Don't miss out on this opportunity, you can also reach her via  Whats-app: +14422433874

  5. I think we can all agree that the current laws on taxing crypto as a capital gain/loss is just idiotic. Knowing the USD value at the point of trade is damn near impossible as USD value is relative to the exchange you are on, let alone trades that happen on buy/sell orders that take place when you aren't even paying attention.

    With that said, I truly believe the IRS is going to get so many loss reports from crypto from 2018 that we will see the law change pretty quickly as this will only cause the gov't to get less money. I've been buying all year and am obviously at a significant loss. I'm taking full advantage of this retarded system that I've sold my crypto at huge losses and immediately bought them back simply to claim those losses. I'll take whatever money I am refunded and throw them back at crypto and do it all over again for as long as this bear market wants to continue.

    I fully support Ron Paul's calls to exempt crypto trading from SEC capital gains taxes and believe, at the very least, the gov't should only tax when you sell to USD. The current taxes on every trade are simply impossible to keep up with and have no standard on USD value of the cryptos to use upon making the trades. It is ludicrous.

  6. Also, if the huge gains made at the start of the year can be shown on paper to have reduced in value, the 40% or whichever capital gains tax is due can be written off as a capital gains loss of the equivilant amount, so the reduction in BTC value an be used as a tax loss of considerable value with respect to a wider protfolio. Is my guess!!!

  7. OMG of course… I cant believe I didnt think of that sooner. Of course at this point everyone just wants to have as big of paper losses as possible to get as much of a tax relief for 2018 as possible. Thanks a lot man. You are a real life saver 🙂

  8. Bitcoin is a speculative investment. There are 'millions of reason's that Bitcoin dropped. Whales are claiming losses on their taxes…Asian Investors moving money to crypto…? ALL GOOD REASONS TO SELL….!

  9. My guess is 1000 people own half of bitcoin. And the gov or wall street another 25% They try to make it into an investment instead of a currency replacement. So, 25% of it and growing is used for drug commerce. And luckily now that it can be linked to a visa every and anyone can spend it and it's more intriguing than gold silver or dollars etc. Should it pass 20k during the winter. It's the safest currency as the last coins are mined or the user base increases it'll be 60k and 5 years out hundreds of thousands of dollars. The fluctuations aren't important just the bitcoin bigshots trying to control it and push a button and have it go up or come down. It can go to a dollar it'll eventually surpass it's all time high. The investment isn't in the current prices it's in the concept, I lost 3BTC when I started trading CRYPTO it was very devastating, I was lost until I found a comment about Mr. Alex Vandamme contacted him and he promised to help me not only to recover my lost money but to earn for the rest of my life, I have earned 11BTC in less than 4 months from his trading He is so competent, honest, consistent and very experienced, reach on *Email/hangout alexvandamme65@GMAIL. or telegram +1 415 949 0184

  10. Another video of yours that keeps planting that statist seed. How about fuck paying taxes !? The system they have fooled you to participate in is dying. Crypto doesn’t need government central banks or institutions. Crypto put the power in our own hands. Stop bowing down the your masters. Stand up and be free.

  11. Reason i stopped trading, i started trading early 2017 with Coinbase, till discovered gdax, only to receive a 1099? With Coinbase claiming i made $36,000 in trades!? And send this to form to irs!!!
    I called Coinbase and told them, "Show me the money"
    I called Coinbase and said, look at my account, trading xvg, xrp, rdd and doge only Made me pennies… Most bids were losses…. My balance, never showed such claim you sent…

    Rep said, we are having a lot of people with this issue and truth is we dont have an answer. By his explanation i perceived, just before taxes irs hit Coinbase and gdax and wa HEAVILY punishing them for participating in the breaking of the system/centralized establishments…

    And Coinbase, titanically jumped ship and passed the buck to the investors/the entrepreneurials/the masses. No different then Rothschilds manipulating the markets where in the end the consumers pay…. The quadrillion dollar debts. And we again, eternally, enslaved to penalties they created so a to not lose power over the people….

    Saying too much but…. Truth in it.

    $300 dollars of doge at 25 sats…
    Soon the engineered drop…. 25,… 24,… 21,… 12 sat… And the 3 to for month lingering at those levels. Now $300 is $95 dollars and Coinbase, working with irs stating trades to be treated as commodities… Any gains there after… Means we screwed.

    So if you buy at 30 sats $300 dollars,
    Then sell at 33 sats dollar amount being now $305…
    And repeat this 1000 times…
    They not seeing you made $3 to $5 dollars/trade…
    They Nice to say "No, but the trade was $305 so this times your 1000-10,000 trades…..

    Now there brake the establishment!!!!!!
    You owe the irs $360,000 in sales for the year.

    And with H&R Block nor any other entity knowing anything about crypto, and promosing to charge you $5000 dollars to look into your Every trade….
    You realize… You are F÷ck'd.

    That was a very affective scare, till people can be secure of trading without hostiles mongering with guilt of FREE TRADING,….. BTC will never go up,
    And we still belong to the lords imprisoning U.S. at the heavenly window to freefom.

    On top all this, Charlie toook out his position which probably over 500k litecoin when over $200 per.
    China then that much dollar richer cuz they used America and whole planet like old bank drive throughs of cash deposits, only here the vac = web, and the end receiver a pawn behind the Dragon wall…

  12. No value to video – the valuable info is in the last few seconds, this is all a cycle and "natural correction" just like 2013 bull run entered 2014/2015 = exact parallel.

    Going up so radically parabolic is extreme, and extreme gains require people to take profit, people dont "HODL till die" but take the gains (regardless if have to pay 40% tax, have to do so anyway for other investments like property capital gains – and in any case, actual tax claims are apparently a tiny %)

    The good news – those who cashed out would be the profit gains from 2016/2017 or before, so the 2018 buyers are prepared to hold until the next bull run and then they will be the sellers against the "fresh new blood" caught up in the next rally – and cycle repeats.

    Exact case study – numerous people who lost gains from 2013 rally during 2014/2015 had to sweat out a nasty bear market, they probably kept buying dips, sitting on the edge of their seats and crying – but their effort was paid off by MASSIVE gains in 2016/2017 AND THEY (should have) learned the lesson of the 2013 rally.
    Now the 2018 people who bought at the end of 2017 will be equivalent of the 2013 rally people entering 2014/2015. We sweat through 2018/2019 (2019 probably a poor boring year) and towards the end of 2019/2020 and bitcoin halvening, adoption or whatever – there will be a super bull run sometime – maybe 2020, maybe 2021 – and then the cycle repeats – although the good news, the lows are probably the highs of the previous rally.
    Never know, maybe in 2023/2024 people will be complaining that the bear market low is an astonishing $18,000 dip in the bitcoin price and when will it return to $165,000, please may the bear market be over.

  13. I need help with this. I'm young and dont know much about taxes. Ive bought $400 btc over the last few months and at one point sold about $5 of it on cashapp. What will i have to do when it comes to taxes? Its such a small amount that I wouldnt think anything, right?

  14. I like your videos because your voice is easy listening and you can grammatically read a sentence correctly without driving me insane.. On that note anytime you post a video as clickbait I feel it is obligation to give you a troll comment as you are just trolling us lol… THE REAL REASON Bitcoin/crypto is tanking is because 99.99% of its users… NOT the population… OF ITS CURRENT USERS… do NOT comprehend its proper function. ETH is wrong XRP is wrong, BCH is retard wrong and pretty much every crypto after litecoin except monero has shit completely fucked sideways.. there are 2 people on youtube that i actually listen to and thats Jimmy and Chico. But the truth is even they dont grasp the parameters of the technology. I know i sound like a complete ass.. but its just the truth. all of Crypto at the moment is BTC.. Thats it.. its one form or another of modified and fucked up BTC made by and dispersed to the general public that fundamentally doesn't understand it… The consoledation has at least 10 years of dying to do and it will constantly work as force of gravity to BTC's mass.. But thats the problem with BTC. Its not understood widley as a "force" as it is a "tool". But there is a real philosophy behind it just as there is a set of laws behind every aspect of physics. The laws of physics apply to all matter, it doesnt matter who made it or what shape its in or what it's used for, it follows one set of laws. Right now we have 3,000 currencies breaking the laws of crypto and one constitution of them (BTC).. Moneys value is derived from the direct relation of its loaners to its debtors. Fiat is infinite, crypto is finite. Fiat is localized, crypto is globalized…. I guess what im trying to say here is whoever wrote that article sounds like they heard of Bitcoin yesterday… because if they actually had any BTC they would realize its much more beneficial to HODL than to sell. And to drop an Easter egg in your brain to ponder… How does the government tax me for selling crypto for cash or vise versa… how does one prove where that crypto came from, or who that money went to and for what? Craigslist my friend… works for wonderful things and full of people with their own needs. Its too easy to evade taxes in crypto as long as you HODL or resell it to another HODLR.. Crypto is an all or nothing take over. Its either going to take over every system in the world or it will crumble by the waste-side as a nifty tool to ping services from device to device

  15. Nothing to do with tax or news. Just markek cycles, we got way over blown in 2017, was only ever meant to go to around 7500 according to Tone Vays who has being amazing with his TA in the past 3 years.
    Expects a lower maybe 3k in 2019, worse case 1300.
    By 2021 bull market begin again, 2023 160,000 Bitcoin is a fair outlook.

  16. Alt coin Daily, you can only carry over 3k to the next year, but you can deduct an unlimited number of losses if you have matching gains for that year. So if you have a 1 million dollar gain 2018 you can deduct 1 million in losses for 2018. If you don’t have the gain for that year you can carry that loss over into the next year. So you should not book a loss of more than 3k for a given year if you don’t have matching gains because you can only carry over 3k into the next year. Save the losses above that amount to book in the following years when you have matching gains. Also the wash sale rule does not apply for crypto like in equities, so you can sell and buy the crypto right back the next day and you don’t have to wait for 30 days to repurchase to book the loss. I urge everyone to take the time/cost and talk to an accountant. Also likekind exchanges were stopped in 2018. So although your tax bill is lower for moving between cryptos in 2018, you will have to book those gains in 2018. Taxes are an essential part of the investment game boys and girls. Get it right. It is worth your time to know this stuff. And most importantly you can get in a whole lot of trouble very quickly by losing money that you think is yours and is actually the IRS’s money. They don’t play. You better not lose your 2018 taxes owed between now an 4-5-2019. The IRS does not want to hear it. You must put that money aside and that is why the whales are selling. I like the show Altcoin Daily. Keep up the good work. This is complex stuff so I get why your information is a little off base, but tell your listeners to seek out an accountant/ tax advice….very important stuff…. happy hunting and stay safe players.

  17. Yes! This relates to that Wall Street Journal article that just came out telling people to sell an write off losses.

    Here was my response to that same article:

    What’s most encouraging is that reports and predictions of bitcoin usage and price changes have been predictably backwards, uninformed and wrong since the blockchain’s inception. If you want to talk about the root of price manipulation, look at the articles the masses are reading… example: Grandpop sees an article and decides to sell at a loss; last year he couldn’t wait to buy in and hold for a few years.

    If you want to see the real value of bitcoin, try making a western union transfer to someone in China. Or attempt moving money around after banking hours. Then tell me you wouldn’t rather have a 100% honest and unbiased currency transfer system that doesn’t hold your money for days and make you jump through hoops. It’s a global economy, and we need blockchain (Bitcoin/Litecoin…) for instant business transactions without paying fees to intermediaries that delay the release of our funds. I can’t believe we have allowed this inefficient system to continue for this long. Blockchain is our solution, it is already working, and we retail investors just need to have patience. Don’t freak out because the price is low. You probably did not sell your house to buy bitcoin; you probably invested only what you could afford to wait for.

    Patience patience patience

    This is the time when fear is broadcasted from the major stations, and doubt floods the market, while big investors quietly buy up all the coins you used to believe in, but now feel compelled to sell.

    Being a child of the 80’s, I can put it most simply like this: “Dont believe… Don’t believe… Don’t believe the hype!”

    If you believed in the blockchain a year ago, why would a drop in price change your mind now? When you bought bitcoin for the first time, tell me you didn’t actually say out loud to someone, “I’m just gonna leave it in for a few years. This is gonna be big.”

  18. Tax in USA right. Crypto is worldwide so thats not the reason. USA investors are probably for less than 30% in this crypto market. So crash is not a TAX thing but more a heavily marketcycle in this young market.

  19. With capital gain tax, BTC can not adopt. Every year will be similar situation. Bitcoin is not stock, Bitcoin is payment instrument. Tax on payment instrument is stupid and unfair.

  20. spot on, i was saying this in april of this year, bloody taxes :(, it's the price btc paid for "regulation etc" the govs of the world, who were late to the party and scoffed at btc now want their cut, because it has ARRIVED as an asset class … capital gains tax is the worst tax ever devised, it means a LOT of btc has to be sold each year just so gov can collect a lazy windfall, mind you without the need to create a single job …

  21. The last 2 months, I have made over $59,000 from trading bitcoin but my success never started that way as I had made substantial losses before my turning point in the Crypto space. I bought 2Btc last year which quickly rose in the bull run but eventually lost Most of it and sold off what was left. That was the last I would ever have to do with bitcoins until I was introduced to Brandon Gaston first of, he asked to know my trade experience. He then gave me a quick insight on what to Look out for when choosing a platform and a bunch of other things most experienced traders may never tell you. Most importantly, he introduced me to his specially designed layout and provided me with professional advice and accurate trade signals. With his system,Trading has become easy and profitable and I just want to spread the word and thus help as many that are in my previous unfortunate situation. For all questions, you can reach out for his help on this (Gastonbrandonn@gmail. Com) WhatsApp + 447482877027

  22. I was under the impression that majority of investors are coming from Asia, South Korea and Japan. US is still very minimal in this.

Leave a Reply