bluestevon
Player Valuation: £80m
Tbf the gossip would have been justified mind, but that's not the point )
Current Affairs General US politics (ie, not POTUS related)
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Zatara
Player Valuation: £100m
Any trader with crypto interest would know that if Trump were to win then he is expected to remove tax on crypto.
Of course, this would logically mean the value of BTC would increase.
If Kamala wins then most (if not all) crypto participants can expect more of the same short term pull back as a best case scenario.
Due to the rise in BTC (currently $69,600) the logic is that the market is pricing in a Trump win.
For anyone working in this space, its pretty basic stuff unless something drastically changes before election day...
Depends what you mean by crypto. Alts are off a fair bit the last few days.
That being said, the crypto market is based on anything but fundamentals and it’s dominated by idiots (from a technical/investment perspective), so again, I wouldn’t place much weight in that.
A Harris victory is neutral, a trump one positive. There’s no real downside risk to the trump trade.
It’s a fairly binary outcome in an extremely close race. Anyone pretending they know what’s going to happen and positioning that way would be taking a huge risk.
bluestevon
Player Valuation: £80m
davek
Player Valuation: £150m
People complaining about polls and betting markets: they're all bunkum.
Why bother?
The Washington Post polls a day ago purported to show - at the same time as others have claimed a strong GOP showing in the early votes cast - that Harris had jumped out to a 20% lead in one of the battle ground states and up by 6/7/8 points in others.
None of it makes sense, unless you're a polling company or a bookmaker of some description laughing all the way to the bank.
Why bother?
The Washington Post polls a day ago purported to show - at the same time as others have claimed a strong GOP showing in the early votes cast - that Harris had jumped out to a 20% lead in one of the battle ground states and up by 6/7/8 points in others.
None of it makes sense, unless you're a polling company or a bookmaker of some description laughing all the way to the bank.
Are we any wiser on who will likely be leading the maddest country in the world?
All I see is people getting ratty about crypto etc.
All I see is people getting ratty about crypto etc.
Zatara
Player Valuation: £100m
I wouldnt say a Kamala win is "neutral". At best its a short term pull back and at worst the US will treat the industry the same as they destroyed the FX space.
No one knows what is going to happen which makes the other posters slant on "insider trading" bizarre. However, the market is currently pointing in one direction.
A Harris win is most likely going to be in a divided government scenario which would he more of the same, relatively neutral and good for markets.
Markets tend to perform best under divided governments.
Goldmans, UBS, and JPM disagree with you.
Just read this story. Tucker’s in bed with his wife and 4 dogs. Starts getting mauled and wakes up with claw marks on him.
His conclusion - a demon attacked him.
My conclusion - even his own dogs hate him.
Hackbread
Player Valuation: £2.5m
I bet his wife joined in to when she saw them laying into him
That's what he told his wife. He was trying to shag one of the dogs while she was asleep next to him. The fellas a danger to animals
Absolute dog botherer.
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