Long-running but theoretically can be resolved at any time at the current Alphabet market cap
Market will have to resolve if it gets close to the upper market bound
Chose $GOOG market cap instead of share price in case there are (reverse) stock splits
Related markets:
Awesome, I'll send a manalink over discord. Assuming it's https://github.com/NiciusB/ManifoldTradingBot/. How often does it check to trade? Also have a few more permanent markets if you want to trade those as well:
@PatMyron Yup, that’s it. Thanks, I might try and make it bet on those too!
It checks every 30s and bets enough to perfectly match the market cap. All those 1 mana bets round the current value, so it might over or under shoot but it always does the optimal one
@AlexbGoode Yup, definitely. It’s trying to get it to 1399. something so it’s going to take a while to eat up the limit order
@NiciusB Nice! If you're looking for more opportunities, you can trade all the "Will the S&P500 go up over this time period" by calculating the implied probability from options prices using Black Scholes algorithm (the d2 variable is probability)
@NiciusB hey Nuno I think the bot is broken it’s correcting up to wrong values of the market cap and not just this market. Just a heads up.
@NiciusB You may need to top up your bot. Also I recommend not buying 1 mana at a time as you will lose too much in fees.
@MartinRandall It’s not an issue of fees, it just doesn’t have enough liquidity. I can give it a couple k from my balance but it’s not gonna last long. Due to the way math works it takes a shit ton of mana in NO to match equivalent YES shares on these markets
@NiciusB it’s got other issues, trades at worse prices than available, e.g. bought a ton of NO here at 1711 and 1724 ignoring there’s a 1750 limit on offer.
@deagol It is filling an existing order so it should be actually buying at 1750, it’s weird that it does it in tons of small orders tho, I thought I had fixed that issue. In any case it would need 4360 mana to deplete the YES limit order