Pirate King Kiba pfp
Pirate King Kiba
@kiba
Counterargument: this proves prediction markets arent predicting anything. Everyone updates their model when new information is given. PMs should be leading not lagging indicators. No movement all week until post-facto
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Devin Baker pfp
Devin Baker
@devinbaker.eth
I would argue that they are leading indicators. Even before the jump to 86%, odds were sitting at 70% - so it was still showing a leading signal of a prediction Of course we won't know until after the events happen how accurate they are, but I do think it's doing its job of showing leading odds I do personally believe that Polymarket is a better predictor of events than other sources of information But my main point is that Polymarket is the best source of market sentiment, adjusting in real-time to new information The game is always to have more accurate predictions about the future Polymarket is a fantastic tool, but it's still up to each of us to make the final call
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