Resolves to the person that finishes 1st in the Mystical Sphinxes league
1,000🏅 Top traders
| # | Name | Total profit |
|---|---|---|
| 1 | Ṁ16,317 | |
| 2 | Ṁ4,023 | |
| 3 | Ṁ2,684 | |
| 4 | Ṁ1,306 | |
| 5 | Ṁ804 |
@parhizj Thanks. I’ve completely lost my understanding of the movements in this market: seems to have little connection to the movements in the league itself.
@NiallWeaver The reason that Marcus Abramovitch was high is because there is speculation that the superconductor market will go low, if that happens Marcus will turn a big profit.
@NiallWeaver Swings in LK-99 are impacting all the league markets, users can’t / won’t respond to them fast enough every swing.
@Noit Yes, people are trying to predict the chance based on where LK99 could be at, not just buying and selling every 20 minutes when the league profits swing.
@ShadowyZephyr It's even worse than that, it's speculation on speculation. Even a massive drop in the superconductor wouldn't close the gap. People are speculating that other people might speculate and buy up Marcus shares here based on him somewhat closing the gap, which would then hurt my YES shares on myself, and close up more of the gap. Of course this market could end literally any second so I think it's a dubious strategy.
@firstuserhere In other words, even after decimating my profits here, i'm still up 23k. That's like LK-99 market getting back to 20%, where it was yesterday before two theoretical papers from prestigious institutes validated it.
@firstuserhere I'm well aware, but I think it's irrationally low. Of course if enough mana wants to be irrational then it subsequently becomes rational, but there's not much I can do about that.
@SemioticRivalry Looks like you were able to remain solvent longer than the market could remain irrational
@nobody if the superconductors market goes to like 26% and semiotic starts to lose his profits in this market, I think a spiral occurs