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Re: The US President planning to eliminate all taxes on gambling winnings
in Gambling discussion
It is good news because so far as I know the number one thing for a casino is revenue, in fact that applies to alot of busineses.  The problem currently with the tax regime is it is detering customers who will go elsewhere to cheaper offerings.   
  Trump or anyone in politics really will come out with these policy ideas but often its not them who did all the research and went forward with the idea, its just he is the guy who gets to rubber stamp it into law or not because he has the power.
  Often the idea began many years ago and for good reason it would encourage business, it helps companies and so the economy with jobs and very likely yes more tax or some kind of revenue share is often what I hear about lowering gambling taxes is the idea.
#1
Re: Analysis
in Speculation
The easiest way to be wrong is guessing short term, its like watching a cat chasing its own tail.  Doesn't matter who you are or how skilled, anything can happen and any price can register erroneously week to week to throw off those predictions.
   Its far less effort and more likely to be accurate using wider time frames; bigger candles contain more volume and are innately more valid.

Masterluc might be predicting a long term view, far beyond what I'm seeing and perhaps Im medium term but price action now is good.  I'm looking today trying to decide in some minor way and was looking for BTC to progress (down) to its monthly average but its resisting that move.
   Moving to daily bars we are above a rising 50 day average, shorter term we're still negative below a weekly average so the main tool to decipher strength is in this contrast of who wins that battle.   Of course I have to side with the 50 day as being more valid representation though we cannot look at just one thing ever.
   All BTC has done this moment is climb a ladder to the ceiling, its bumped its head its not gone anywhere its within the same room contained, it should be noticeable if/when that restraint can be altered.

I might be short term in contrast to Master Luc but Im always bullish on the longest time frames of all.   We should be positive right until the next challenge appears probably around the 200 day average which is in decline and I wont think positively (fully) for 2026 until its ascending once more; it will be some time to proceed properly.

Quote
the Four-Year-Cycle will not happen anymore, BUT the data is telling us that it's going to happen.
We'll never simply repeat, I think the influence is in decline vs other factors.
#2
Re: Silver
in Economics
1 security to another sounds good, because cash is not a valid reason to sell imo beyond basic liquidity.   The future holds a possible interest spike, inflation out of control and multiple other facets to metals rising this fast despite industry much preferring the lower price, its a warning imo.
   Its like when they take out insurance on some debt and that CDS or insurance coverage starts making nice profit for someone, its kinda a fair signal bad news will occur for an economy in general.

The biggest clue I'm thinking for silver prices is how gold fairs, not that they are tied exactly but silver being cheap was incorrect and its outperforming from that prior incorrect low price.  I dont expect lower in silver while gold is doing just fine, its up again today for example.
#3
Re: higher lows!
in Speculation
I would relate it like the golden goose, not every day is it going to perform as you might wish.  Its not often the day will ever come where you should ever sell that goose that grew so much value, far more then any other comparable asset.
   Trading should be the minority not the majority of activities with such an asset as this, BTC has grown so much it deserves more respect and aversion to selling at every point of weakness or right now its just boredom and a bit flat.

   People are too harsh in their expectations, Im not seeing great negatives personally.  I cant know the future exactly but I do know just how well it moved in the past so alot more leeway is deserved imo.
#4
Re: Usa and west needs rare earth minerals now urgently and its in iran
in Economics
Rare earths arent rare so its a confusing topic.  What is required is cheap labor and ability to mine in gigantic amounts easily and that might not be true of many countries.
   China has focused on this pivotal area for decades through many prior leaders to this one so its a long term standing policy for them to use it as leverage in global trade and other sectors.   Its messy as I understand it and USA is not likely to mine quite as cheaply even if similar reserves were located in a clear open space.
#5
Re: Lower your expectations
in Speculation
Lower but not too much because people should only be expecting price action that reflects that which is shown on the chart.  Its neither terrible or great right now, clues are yet to emerge for the larger picture.

It was a good start to 2026 but BTC is less positive as of about a week ago and might need to confirm the late December highs properly before it can continue.
 I dont think there is any rush or need to go for big estimates just because its a new year, it might make more sense to wait for the Chinese New Year since that has been something of a tradition.
#6
Re: What can you do aside from sitting and waiting
in Speculation
The market isnt down that much on a wider view, its sideways which is a waiting to see type scenario and a test of patience.   The best thing to do while waiting for the races to start is examine the prospects of all the horses lined up in the stalls.
   BTC has marked this week by approaching the top of the range for the last 90 days.   You have your starters pistol fire as a signal when BTC price action breaks and confirms above this ceiling.  If we stick a ruler on the graph its about 94.5k very roughly speaking, confirmation from there could lead to notable action then we can bet who wins Smiley
#7
Re: Why do you think crypto casinos are growing faster than traditional ones?
in Gambling discussion
The mobile phone probably more then anything has changed world of business to consumers, in theory its the computer and the internet but the little phone is what made it possible everywhere to anyone who could hold such a small device.
  Bring any product to millions then billions of people and it will alter the pivot of the worlds motion probably forever.  

The ease of use is a massive difference, alot of people cant just travel into town to visit a casino as they have obligations elsewhere and travel is awkward.  It is about convenience and instant demand to that supply of such a popular product as gambling available on the phone or computer 24/7 its a tremendous change; its ties into that large movement and progression in the world.
#8
Re: The US President planning to eliminate all taxes on gambling winnings
in Gambling discussion
The system in other countries is there is a clear overlap between betting companies for sports and normal gambling and the speculative forces in the finance market.  Polymarket appearing so large only makes that reality more obvious imo.  Why should we discriminate one over the other, the fairest system is to tax profitable companies not the users who have one lucky win.  If you regularly win from being so good at it, trading or betting then sure it can become a form of income and so taxable but most people thats not what happens.
   Its good practise to standardize and simplify systems of taxation to make business less constricted and open to undercutting from companies outside that nations laws, ie. make your economy competitive worldwide is often an advantage.
#9
Re: Polymarket.com - Bets on any events (politics, sports, crypto markets, and more)
in Gambling
I heard people who bet on a Venezuela invasion were refused because an aircraft carrier, planes, helicopters and troops on the ground engaging with lethal force a countries leadership does not qualify as invasion under their fairly unique thinking.   It wasnt a teddy bears picnic thats for sure whether you were in favor or not, most nations would class it as an invasion; clearly terms need some 3rd party oversight.
  Possibly they are confusing occupation but who knows what they might decide on the outcome of a bet depending on what is most profitable.

   They might be a massive player, market for bets but they also resemble the wild west and not bothering to have any official thread here further confirms that.  Caveat emptor
#10