⚠️WARNING - RANKED WHALEBAIT - TRADE AT YOUR OWN RISK⚠️
An experiment in crowd dynamics. Resolves NO at close time April 1st, unless the YES voters has 1000-3000 shares each on average.
TLDR: The YES side wins if they have positions that average >=1K shares each, excluding YES users that have a position >3K shares or <10 shares
This means richer YES users can bet >1000 shares to help cover poorer YES users. But the 3K limitation means they can only 'cover' a limited number of others. If too many people try to take advantage of this generosity by betting YES with less than 1000 share, the YES team will fail.
If you buy 10-3000 shares YES on this market, you are contributing toward the YES team's average and betting on the outcome ("Dreamers").
If you have 3001 or more shares on this market, you are betting on the outcome, but you are not counted toward the YES team's average. The same applies to YES positions under 10 shares.
If you bet NO you are betting on the outcome of the market but not impacting the YES team's average per person ("Schemers").
I reserve the right to N/A if i deem shenanigans have compromised the integrity of the answers or spirit of the question.
⚠️WARNING - RANKED WHALEBAIT - TRADE AT YOUR OWN RISK⚠️
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🏅 Top traders
| # | Name | Total profit |
|---|---|---|
| 1 | Ṁ786 | |
| 2 | Ṁ448 | |
| 3 | Ṁ341 | |
| 4 | Ṁ111 | |
| 5 | Ṁ88 |
@strutheo I think 3k isn't a high enough limit to attract the real whales. If one whale could cover 10 other people, maybe that would work better?
@TimothyJohnson5c16 hmm intriguing maybe @SG will be down with another experiment...
even if not, ill make a version without the boost/rank
@EliJohnson haha, just realized it doesn't exclude holders of 10 mana shares, had read that as excluding ≤10 mana shares before
@EliJohnson it does exclude less than 10 mana shares, atleast that is how it was set up
EDIT: misread your comment, yeah whatever the description says
@strutheo "<10 shares" usually means exclusive? ie it doesn't include 10. so 10 would count for the purpose of the average. Am I wrong in that understanding?
@Bayesian whatever i wrote in bio (might have been edited by mods at this point, idk with this market)
TLDR: The YES side wins if they have positions that average >=1K shares each, excluding YES users that have a position >3K shares or <10 shares
Reminder that this offer still holds:
M15 for each trader who buys exactly 10 shares of YES and hold until close and resolve, up to 20 traders.
Previous traders who changes their position and holds are also eligible.
@strutheo If it wasn't your decision for this to be ranked, whose was it? This clearly falls under "Market is self-referential", so according to the guidelines, I'm supposed to unrank it - what's the source of the supposed exception to that?
@strutheo Being optimistic, usually these things don’t pop off until closer to the close time. Buying shares earlier just gives away information
🚨🚨boosted, big limit orders, RANKED, whalebait🚨🚨
come one come all , bettors beware
(look up whalebait before betting if youre unsure!)
M15 for each trader who buys exactly 10 shares of YES and hold until close and resolve, up to 20 traders.
Previous traders who changes their position and holds are also eligible.
@SavioMak How does the claim thing work? Is it paid immediately? If so is it the honor system that the claimant holds until the market is resolved? If not is it the honor system that you will pay, or is it programmatic somehow?