Will the meltdown of the Tumbles Financial Complex be covered by a "large" podcast or news outlet?
40
1kṀ24k
resolved Jun 5
Resolved
YES

As of this morning, Tumbles "double your mana" loans were paid off, then Manifold has seized the assets.

Large is a bit subjective, but I would imagine something like 1000 downloads per episode is "small" and 100,000 is "large". Blocked and Reported counts as large, because they are who I'm thinking of specifically, and might send them this as a tip for an episode. I will not bet in this market.

For print, I'm not really sure how I would expect it to be measured. Obviously something like Wired would count as large, and so would something like Robin Hanson's blog, but my blog would be small.

Getting featured by Manifold's own press releases does not count for this.

Time frame is set to about two months.

Get
Ṁ1,000
to start trading!

🏅 Top traders

#NameTotal profit
1Ṁ6,747
2Ṁ2,675
3Ṁ1,755
4Ṁ879
5Ṁ143
Sort by:

https://www.bloomberg.com/opinion/newsletters/2025-06-05/bankruptcy-was-good-for-23andme

It (and us in this market) were Covered in Money Stuff. Hello Money Stuff readers.

This is going to give me permanent trust issues.

Wow

Manifold done fucked up big time 3 damn times now in like 1 month lol

@Eliza Do you have access to Bloomberg? I can't read what it says.

@TimothyJohnson5c16 I'm not a thief or a copyright artist but......it's directly relevant here:

Resolution problems

Elsewhere in prediction markets, here is a weird story about a contract on Manifold, a play-money prediction market, on “Who will be the prime minister of Canada after the next election?” “By the beginning of May, 2025, after the Canadian voters had handed the Liberal party a mandate to form a government, and Carney was all-but-formally the prime minister, the market settled at 99% odds for Carney.” And then shenanigans:

On May 4, 2025, the market creator, Peter Njeim, decided to embroil himself in these shenanigans. He swapped human-readable labels for the two options "Pierre Poilievre" and "Mark Carney"; the shares were still attached to their original, unique outcome identifiers so that traders who bought NO on the former could see "NO | Mark Carney" in their portfolios which was not in fact how they had traded! Almost immediately after swapping the labels, Njeim resolved the market to the outcome originally representing Pierre Poilievre, but which now displayed the label "Mark Carney.” This kind of resolution meant that traders who chose the correct answer did not get their payouts.

Honestly swapping the labels is kind of elegant nonsense. It was eventually fixed, but a very levered (in play money!) bettor on the wrong side (called “Tumbles”) was “nuked,” leaving him with negative play-money balances and “potentially making a few select election markets less liquid and more directionally accurate.”

Anyway there is also a separate Manifold market about whether this story will be “covered by a ‘large’ podcast or news outlet,” with Money Stuff specifically mentioned as a qualifying outlet, so several readers sent it to me and disclosed that they had bets on that market. Incentives!

@Eliza Lol, kudos to everyone who sent it to him I guess. 😂

How much "coverage" is necessary for this? (I'm thinking of the "things happen" section of Matt Levine's Money Stuff column, where he just lists off a bunch of things that happened.)

@LinusLuu that sounds good enough

🤔

There is a nonzero chance John Oliver covers it on Last Week Tonight if he decides to do a silly episode.

bought Ṁ100 NO

Too inside baseball for any podcast/publication not specifically related to manifold already.

© Manifold Markets, Inc.TermsPrivacy