Forwarded from DoomPosting Chat
Using the common definition of pros and seemingly many legal systems,
which is roughly,
— if there can exist an EV+ strategy, even in principle and even if no one has yet achieved it yet,
then the thing itself is not gambling,
and if what you’re doing is a applying an EV+ strategy to the game, then what you’re doing is not gambling
So by this definition, many things which some might call gambling, are not.
Not so good to call everything involving any kind of chance gambling because that’s literally everything
Words that can mean anything mean nothing
which is roughly,
— if there can exist an EV+ strategy, even in principle and even if no one has yet achieved it yet,
then the thing itself is not gambling,
and if what you’re doing is a applying an EV+ strategy to the game, then what you’re doing is not gambling
So by this definition, many things which some might call gambling, are not.
Not so good to call everything involving any kind of chance gambling because that’s literally everything
Words that can mean anything mean nothing
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Is trading memecoins gambling?
— No, by the legal definitions, as long as there can exist ANY possible strategy to profit off of them, that’s not dominated by chance
Can people use trading memecoins to gamble?
— Yes, unfortunately, the fact that there is ANY possible strategy to profitably trade not based on chance — does not means that there are not EV negative strategies reliant on chance to make a profit. I.e. you can gamble on things that are themselves not gambling.
So, can 100% of people trading memecoins be gambling, despite trading memecoins not being gambling
— Yes, that is how these legal definitions work. People can gamble on virtually anything, even things that are not and should not be treated as gambling…
Any clearer?
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— No, by the legal definitions, as long as there can exist ANY possible strategy to profit off of them, that’s not dominated by chance
Can people use trading memecoins to gamble?
— Yes, unfortunately, the fact that there is ANY possible strategy to profitably trade not based on chance — does not means that there are not EV negative strategies reliant on chance to make a profit. I.e. you can gamble on things that are themselves not gambling.
So, can 100% of people trading memecoins be gambling, despite trading memecoins not being gambling
— Yes, that is how these legal definitions work. People can gamble on virtually anything, even things that are not and should not be treated as gambling…
Any clearer?
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Next big thing many are pushing for now
— No tax on crypto<->crypto trades
Similar exceptions exist e.g. in real estate
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— No tax on crypto<->crypto trades
Similar exceptions exist e.g. in real estate
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Forwarded from Chadposting 🗿🗿🗿
👀 COIN ALERT:
⚠️WARN: Low amount of LP Providers - Only a few users are providing liquidity
Current Thresholds:
Note: Currently alerting on interesting signal thresholds. Not currently alerting based on what are likely good buys.
Note: Experimental, still testing. Do not share.
Entry Cap: $4_399_812Symbol: $ALPHAName: AlphaAnnounced: 1737878224Signal-1: 0.133 ⚠️Signal-2: 3.816 ✅✅✅Liquidity: $278_955Created: 1.8d agoRefreshed: 13.9s agoAddress: 2sCUCJdVkmyXp4dT8sFaA9LKgSMK4yDPi9zLHiwXpumpFrom: ⚡Dexscreener Top BoostedLinks: Dexscreener | Twitter Search | Pumpfun⚠️WARN: Low amount of LP Providers - Only a few users are providing liquidity
Current Thresholds:
Min Liquidity: ✅ $75.9k ($279.0k)Min Signal-1: ✅ 0.090 (0.133)Min Signal-2: ✅ 1.500 (3.816)Min Cap: ✅ $1.2M ($4.4M)Min Age: ✅ 30.0m (1.8d)Max Age: ✅ 4.0d (1.8d)Note: Currently alerting on interesting signal thresholds. Not currently alerting based on what are likely good buys.
Note: Experimental, still testing. Do not share.
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$ALPHA
Bot catches another winner
All I can say is wow
(Not recommending buying now, but was a great buy when the bot called it.)
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Bot catches another winner
All I can say is wow
(Not recommending buying now, but was a great buy when the bot called it.)
🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
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