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Ansgar
@ansgar.eth
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
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✳️ dcposch on daimo
@dcposch.eth
Polymarket should ban self-referential markets > creates too much upside for manipulators.
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Ansgar
@ansgar.eth
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.
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