The #1 spot on the leaderboard is cursed.
@IsaacKing .. @Catnee... @jbeshir... @PeterBerggren... @JoelBecker... All reached the #1 spot but today have negative all-time profits.
Even Mira was wiped out and she only reached #2
Who will be the next former #1 to hit zero in all-time profits?
THE FINE PRINT:
I will exclude glitches, manipulations, transient spikes, and disqualify leaderboarders whose tenure was so far back that no-one remembers it. I'm probably going to add Joel Becker, but his profit graph isn't loading so I can't confirm my recollection that he was once #1. UPDATE: it turns out Joel has already hit zero.
If you want me to add a person who hasn't hit #1 yet so you can bet on them, just ask me and I will add them. But I'm leaving new submissions closed right now so we don't hit the cap before the next victim of the curse even signs up for the website.
1,000People are also trading
@Joshua when you owe the website 1000 mana, you have a problem. When you owe the website a 1,000,000 mana, the website has a problem.
@MichaelWheatley When one trader owing 1M mana to the website can cause systemic risk, ya the website has a problem.
ETA lightbulb dim but coming on. You know that chestnut refers to banks right? Like one bank? In an interrelated economy of investors, traders, banks, markets, intermediaries, and value-creators? Surely you do. So what is this Manifold? Bank? Market? Microeconomy? Other?
@MichaelWheatley in case a young is encountering the old chestnut for the first time and now is not following https://www.investopedia.com/terms/d/debtbomb.asp#:~:text=in%20the%20U.S.A.-,Understanding%20a%20Debt%20Bomb,bomb%20is%20the%20latter%20situation.