Comment on Insider trading, but make it worse

• Saapas@piefed.zip ⁨2⁩ ⁨months⁩ ago

  I… what? And they’re using Discord to discuss stuff? Sounds legit 

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• socsa@piefed.social ⁨2⁩ ⁨months⁩ ago

  Oh God, it’s even more idiotic than I could have possibly imagined.

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  • Skankhunt420@sh.itjust.works ⁨2⁩ ⁨months⁩ ago

    Its even worse than that

    coinmarketcap.com/…/polymarket-reports-unpreceden…

    The whales can manipulate the bets and make themselves win even if it doesn’t happen.

    I love crypto, but this shit is a pure scam.

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• naeap@sopuli.xyz ⁨2⁩ ⁨months⁩ ago

  Thank you very much for the explanation!

  Although I find 2h a bit short, especially for small betting pools, where there is a high chance that mostly people sleep, work or do something else

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  • InnerScientist@lemmy.world ⁨2⁩ ⁨months⁩ ago

    I also read that there’s some rule chaneges (on what is considered yes/no) by polymark on some bets and general complaints, don’t know if those are just sore losers or valid but I’d read up on that if you want to bet on the platform, I never used the service.

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• fartographer@lemmy.world ⁨2⁩ ⁨months⁩ ago

  So, I can bet on whether I’m gonna shit my pants this year? Great way to lift my spirits if I were to shit my pants.

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  • InnerScientist@lemmy.world ⁨2⁩ ⁨months⁩ ago

    You’d have to convince enough people that you aren’t going to shit your pants first “@fartographer@lemmy.world”

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    • fartographer@lemmy.world ⁨2⁩ ⁨months⁩ ago

      Hey y’all. It’s been a while since I’ve shit my pants. And I really think I can make it a full year this time!

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      • TehWorld@lemmy.world ⁨2⁩ ⁨months⁩ ago

        If you offer enough odds, someone would take it just to make you shit your pants and prove it. A one penny bet with $10,000 payout? Maybe you forget about it and come 2026 some idiot takes you for a wad-o-cash.

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