Resolves to the combined total of my Paypal account, bank account, and cash in my wallet at close. (In USD. Any other currencies will be converted to USD at the exchange rate displayed by Google at the time.) If I forgot about any places I may own currency and remember those before market close, I'll include those too.
Doesn't include other valueable items I own (even if they can be easily exchanged for cash), nor any money I may owe or be owed.
I won't bet, nor move money around in order to manipulate this market.
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@Gen I think normal people keep more cash on hand. I'm a degenerate so I put it all into Magic cards.
@IsaacKing I was fully prepared to be wrong, but I usually invest as soon as I have between 5-10k cause otherwise I feel like I'm being inefficient. It's a huge inference based on the little I know about you, but it's mostly projected from your capital efficiency here and my expectation that it would translate into real life.
Emergency funds are for retirees 🤣
Degenerates 1 | 0 Everyone else
@IsaacKing They're probably planning to manipulate the market by paypalling you $30,000
@jfjurchen That wouldn't even work though, since if I already have 30k they'd be making the market resolve too high. (Don't let me stop anyone from trying though.)
@IsaacKing I think if they buy HIGHER at 25k and it resolves 60k, they still make money. But I also expected to make a lot more than 5 mana buying at 5k and selling at 30k so maybe don't listen to me when it comes to this market type
Relevant, from https://manifold.markets/IsaacKing/can-i-be-trusted-to-buy-and-sell-tr: "I own upwards of $100,000 of rare Magic misprints. Many of these misprints and test prints can easily be faked, and buyers are only interested in them if they trust the seller. If I scammed someone, it would be much more difficult for me to ever sell those."