Prediction markets made up of idiot rationalist types displayed an idiot rationalist belief that the country would make the suicidal mistake of putting a 78 year old man in power again.
How do you think the Puerto Rico joke will affect the election?
greyenlightenment investments: META/FBL, TSLA, TQQQ, TECL, MSFT ... dsfewr 3d ago
Judging by the massive surge in DJT stock this morning, or prediction markets, not at all.
So a bunch of Trump people have a party and they go home and they put their feelings into a market action and someone says "look, there's market action, that must mean we're winning."
It's a circular process, a bubble like this.
But people are starting to realize: the prediction markets take the existing available information, and then add feelings about the election from men who are well known to be inclined to emotional thinking.
And $DJT continues to lose money as people get out. Peak $DJT was mid-October, since then it's just a slow, steady decline, which has continued today.
Donald J Trump is Dead in the Water.
The market knows it.
The polls say it's 50/50. The feelings markets say Trump will win. The real market is dumping the garbage stock. Between the feelings market and the real market, I trust the real market.
Jump in the discussion.
No email address required.
Like LMAO does even a single foid use polymarket? No, of course not. Yet many foids will vote.
FUS-RO-DANCE ON RIGHTOID GRAVES
Jump in the discussion.
No email address required.
bets on other people's votes are not votes.
people who risk money betting on an election outcome (which will include ~50% votes by foids) understand this fact.
you don't.
Jump in the discussion.
No email address required.
FUS-RO-DANCE ON RIGHTOID GRAVES
Jump in the discussion.
No email address required.
t.
Jump in the discussion.
No email address required.
FUS-RO-DANCE ON RIGHTOID GRAVES
Jump in the discussion.
No email address required.
More options
Context
More options
Context
More options
Context
More options
Context
this is priced in r-slur
Jump in the discussion.
No email address required.
it's rational it just has to be because the word 'market' is involved
Jump in the discussion.
No email address required.
What do you think the actual probability is? Why not bet and make a bunch of money?
Jump in the discussion.
No email address required.
More options
Context
t.
Jump in the discussion.
No email address required.
More options
Context
More options
Context
More options
Context
Jump in the discussion.
No email address required.
More options
Context
More options
Context