This market resolves YES if at any time, the displayed percentage of the market is at or below 10%. It resolves NO if this has not happened by the closing date, which is 1 week after creation of this market
Of course, there will be a delay between the market hitting 10% and me noticing this fact, I wonder if that can be abused... 😂
Same as this market, but with a bit more difficulty to reach YES.
Thoughts on this market:
1) Its frustrating that it ended at 3:30 am PST, and thus hurt people who were asleep. I couldn't risk losing everything on this market for a potential 10% gain, so had to leave a buy order at 11%, and thus got my NO wiped out. Ultimately, only someone who is going to be on right at close and constantly fight to get NO position and wipe out others is going to profit on NO in these.
2) WTF was that spike to 100 at the end without it hitting 10.
3) This market really highlights the problems with not being able to place limit orders without mana, even though you have shares of that type to sell. Maniforld needs to add "buy to close"/"sell to close" orders by letting us place limit orders without mana but with a position to close.
@AlexRockwell Yeah, I wish it had ended at a different time, too. I'm in the eastern time zone, and 6:30 is one of the least likely times in the day for me to be awake. I wanted to buy a lot more NO shares, but I didn't want to risk it all when I knew I wouldn't be awake for the final hours.
@AlexRockwell I agree that it should have ended in a different time. I didn't think about that when creating the market. Most of the markets I created after this one have US friendly closing times.
@MarcusAbramovitch out of curiosity: were you trying to hit 10% or to maximize your profit from a NO resolution? Both?
@BoltonBailey I was confused cuz I saw @CalebDitchfield buying 5k YES and thought it hit, but apparently mistiming?
@firstuserhere Yeah I think so, might not have been a bad play, orders were getting filled super fast
@firstuserhere yep just mis-timing. was hoping limits would cancel and buy-orders would go through at the last second. ah well.
Currently about 270K No shares are needed. As this is a fun market, I guess manipulation isn't frowned upon.
A whale could open a market and get everyone who bets yes here to participate in their market as a bribe. As soon as the whale is overall profitting, they could invest the 270k.
I'm not exactly sure if this would work as I'm new on the platform, and if I understand correctly that bribes are ok for a j'ust for fun' market 😃
@levifinkelstein Self-resolving markets are subject to much more, though, since they are by nature possible to manipulate and sometimes have strategies for guaranteed profit.