Socialists vs Fascists (3 day market | Limit orders are restricted to a maximum of Ṁ10k per)
4
70Ṁ1766
resolved May 3
Resolved
YES

Yes = Socialists

No = Fascists

I will resolve the market in favor of the side that has the higher percentage, which would be at least 51% for YES and 49% for NO.

Rules

  1. The largest single limit order you can put down is Ṁ10k. You can make multiple limit orders but they have to be at least 1 minute apart. This is to:

    • Prevent whales from sniping the market last second by creating a limit order that is too large (Ex. a Ṁ100k limit order) for most traders to overcome.

    • Prevent whales from putting down multiple Ṁ10k limit orders in quick succession right before the market closes to guarantee a win.

    • Make the market a more even playing field for those with less mana while still letting those with more mana have an advantage, just not an insurmountable one.

    • Give all traders a reason to actively participate during the final moments before the market closes since you can't just put down a Ṁ50k or Ṁ100k limit order and automatically win.

  2. If someone breaks the rules and wins as a result, I will resolve the market as N/A or in some cases, resolve the market against them.

  3. After the market has closed, I will push it all the way up to 100% or all the way down to 0% in favor of the winning side before resolving it. I will not be participating at all while the market is still open.

Market closes on 5/2/23 8 A.M. PST

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These two statements contradict each other:

The largest single limit order you can put down is Ṁ10k. You can make multiple limit orders but they have to be at least 1 minute apart.

  • Prevent whales from putting down multiple Ṁ10k limit orders in quick succession right before the market closes to guarantee a win.

One says "the largest single limit order you can put down is Ṁ10k". The other one says multiple Ṁ10k limit orders so which is it?

@ZZZZZZ They don't contradict. 10k is the max for a single limit order. You can also have multiple 10k limit orders.

@johnleoks No, but the second comment implies that multiple Ṁ10k limit orders aren't allowed.

@ZZZZZZ No it doesn't. It just means you can't put down multiple 10k limit orders in quick succession due to the 1 minute apart rule. You have multiple 10k limit orders, you just have to wait 1 minute in between.

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