Content
@
0 reply
0 recast
0 reaction
0xl0wlevelcr0w
@l0wlevelcr0w
Quick reminder that Polymarket doesn't make for accurate or even good representative data when it is so easy for people to manipulate it with money. Also not financial advice, but use this to take some whale money if you think Kamala has a shot. https://www.youtube.com/watch?v=1INviKkv7-c
2 replies
0 recast
4 reactions
Goldy
@goldytalks
quick reminder that polymarket doesn’t “make the data”. traders buy positions and the price = probability of x outcome happening in the present moment
1 reply
0 recast
0 reaction
0xl0wlevelcr0w
@l0wlevelcr0w
But you get its not a one sided equation where Probability => price. An increase in price doesn't do anything to change the probability of the outcome, but probability will go up. You could argue fair market equilibrium, but if someone magically bets 34 million and there's no counter party, it doesn't necessarily mean thats the new market.
0 reply
0 recast
0 reaction