Will this market's value ever hit 10%?
➕
Plus
194
Ṁ1.2m
resolved Apr 9
Resolved
NO

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.

Get
Ṁ1,000
and
S3.00
Sort by:

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.

predicted NO

@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.

predicted NO

I made a new version where it might be a lot more expensive to keep up the limit order wall (but maybe the profits of YES are also smaller?)

predicted YES

alas, the attempted deception was fruitless

predicted NO
predicted YES

I had 100k entered into the NO wager input field and saw the "new %" keep alternating between 10 and 11 that final minute. I think limit orders count.

We did hit 100%, but I think no 10%?

predicted NO

@FlorisvanDoorn Zooming in, I don't see it ever go below 11%

@BoltonBailey same. Dont think it ever hit 10

@FlorisvanDoorn I don't think it hit, but we could go through the order history

@FlorisvanDoorn i checked through the history and we never hit

predicted YES

@MarcusAbramovitch out of curiosity: were you trying to hit 10% or to maximize your profit from a NO resolution? Both?

predicted NO

@AllanLacy mainly the latter but both

Yo the last minute was crazy hahah, so did it ever hit 10%?

@firstuserhere I don't think it ever hit

predicted NO

@BoltonBailey Someone bought to near 100% though, oof.

@BoltonBailey I was confused cuz I saw @CalebDitchfield buying 5k YES and thought it hit, but apparently mistiming?

predicted NO

@firstuserhere Yeah I think so, might not have been a bad play, orders were getting filled super fast

@BoltonBailey @AnlAnar congrats dude. That's more profit in 1 market than I've got total lol

@firstuserhere yep just mis-timing. was hoping limits would cancel and buy-orders would go through at the last second. ah well.

~4 hours remain

~8 hours remain

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 😃

@Rwin i think all markets are subject to profit milking, doesnt matter if it is silly or not

@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.

Related questions

© Manifold Markets, Inc.Terms + Mana-only TermsPrivacyRules