The timing on this is ridiculous - my first ever larger size polymarket bet, and that just so happens to be seconds before someone comes in with almost $1M to shift that market 4% in the other direction, in an (unsuccessful) attempt to win a secondary market…

The timing on this is ridiculous - my first ever larger size polymarket bet, and that just so happens to be seconds before someone comes in with almost $1M to shift that market 4% in the other direction, in an (unsuccessful) attempt to win a secondary market…

https://x.com/jon_charb/status/1832112496968171679

Ethereum protocol R&D. Admirer of emergent order.

Context:

https://x.com/nathanpmyoung/status/1832694333599785319

Real World Ethereum 🌎 
building /daimo ✳️ 

Not sure I agree actually! These types of temporary market inefficiencies just provide incentives for actors to come in and bring them back to the true equilibrium. E.g. in my case I bought some more (cheaper) shares once I noticed the drop. Given that my underlying conviction didn't change, that was free money.

Polymarket should ban self-referential markets > creates too much upside for manipulators.

Perfect timing my first big Polymarket bet and then $1M shifts it 4%🎩Ⓜ️

A truly fantastic amount of support for a presidential candidate.