If Manifold eliminated all trading fees, would I deem it a success a month later?
20
11
125
resolved Jan 6
Resolved
YES
Resolves YES if, conditional upon eliminating all trading fees on Manifold, I would deem the fee-elimination a success three weeks later. (If I revert the change after a day or two because I don't like it, this will resolve NO. If I don't remove fees a month before the close date, this will resolve N/A.) A non-exhaustive list of factors that I would look for to deem feelessness a success: - increased trading - limited impact on market creation - limited monetary inflation / no devaluing of Manifold dollars - limited impact of Manifold dollar sales - @Gurkenglas not being annoyed
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10% is paper stock certificates over the counter in the 1400s pricing (probably should be <1% for maker orders)
bought Ṁ1 of YES
I'm not sure this would be a good idea, but *conditional on you doing it*, it probably is.
bought Ṁ50 of YES
To me, the main advantage would be simplicity. Fees are tricky for beginners...
bought Ṁ1 of NO
I predict an impact on market creation. Could still be a success from value of information.
bought Ṁ1 of NO
Let's put some numbers on the speculation: https://manifold.markets/dglid/if-manifold-eliminated-all-trading-4f53d011f024
bought Ṁ100 of YES
I hope this isn't a situation where I am perpetually annoyed&annoying a constant amount in the direction of greatest descent! If you are acting on incentives to make me less annoyed I will aspire to become less annoyed as the reasons go away without just shifting all that annoyance to whatever catches my eye.
bought Ṁ100 of YES
I expect lots of increased trading! Market creation might or might not decrease - less direct income, but more interaction from the community. *If* inflation rears its head you can divide what accounts start with by five, if necessary, people will judge themselves by relative increases.
To be fair, i haven't touched much creator fees on my markets, so I wouldn't really care if they were gone (especially now that there is a unique bettor bonus) Though I'd love for incentives to create big markets, so maybe fees kick in when the market becomes big enough?
bought Ṁ20 of YES
What probability do you need to see to pull the trigger?