Your explanation has finally cleared up a confusion I've had for a long time.
Your explanation has finally cleared up a confusion I've had for a long time.
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Your explanation has finally cleared up a confusion I've had for a long time.
Your explanation has finally cleared up a confusion I've had for a long time.
Maybe you're right. There are just too many careless fools, which allows such an absurd arbitration system to persist.After all, truly wise people don't expect to make money in the long run by consistently beating the house. At most, they gamble a little for entertainment.
Maybe you're right. There are just too many careless fools, which allows such an absurd arbitration system to persist.After all, truly wise people don't expect to make money in the long run by consistently beating the house. At most, they gamble a little for entertainment.
That's a fair point. It really is a goose that lays golden eggs, so it shouldn't need to make money through manipulation. What I don't understand is why it would tolerate such obvious manipulation. It's been going on for years.
That's a fair point. It really is a goose that lays golden eggs, so it shouldn't need to make money through manipulation. What I don't understand is why it would tolerate such obvious manipulation. It's been going on for years.
"A $15 billion valuation doesn't necessarily mean real money that can be pocketed. But profits made through manipulation are tangible and immediately realizable. OpenSea was once valued at tens of billions of dollars as well, yet years later, the real money it has actually earned is still the trading fees it collected.
"A $15 billion valuation doesn't necessarily mean real money that can be pocketed. But profits made through manipulation are tangible and immediately realizable. OpenSea was once valued at tens of billions of dollars as well, yet years later, the real money it has actually earned is still the trading fees it collected.
I tend to believe that Polymarket itself is the manipulator behind the scenes; otherwise, it wouldn’t keep allowing others to manipulate. Without enormous incentives, the managers wouldn’t turn a blind eye to such absurdity.
I tend to believe that Polymarket itself is the manipulator behind the scenes; otherwise, it wouldn’t keep allowing others to manipulate. Without enormous incentives, the managers wouldn’t turn a blind eye to such absurdity.