Yes if proof of destiny melina stock perm goes below 5% before end of day jan 1 2024 no otherwise
What does it mean for the stock to permanently go below 5%? How would this ever resolve YES? It could always bounce back later.
It just doesn’t pencil out. The market mechanism (CPPM), the community sentiment, and the incentives created for traders here work against a value this extreme. At the moment you’d have to dump M$110K to crash the underlying stock, to gain some M$1K here – and anyone who bets against you here and there can pretty safely expect to profit way more. I don’t see a way around this.
@yaboi69 that does seem to be the case, as such i will treat this market as a leveraged long trade for will destiny and Melina divorce before eoy 2023. there is also a small chance she will do something so unpopular with the dgg comunity that the amount of M required to dumb the stock reduces significantly.
@HarrySeaton8da7 If you let this market get very low & stacked with more limit orders, the offered payout for YES bets will be much better (still far from M$110K though), so that’s another reason to play it cool (other than that betting locks up your cash for unknown time).
@yaboi69 true, but i also benefit from more traders entering the market, and the incentive to bet lower also increases as liquidity increases in the market. thus driving me to continually bet the market much higher than it should be. whether this ends up profitable for me or in disaster is yet to be seen, we will see.
@HarrySeaton8da7 issue is i have traders that have joined this market now and seem to be watching it waiting for me to push it higher than it should be as that is an obvious profit opportunity for them.
