The managing editor of CNBC.com asks readers whether they should report what the (play-money and real-money) prediction markets say. He is not that hot on the idea —to say the least. Which is why we should develop a blog network on prediction markets —to get rid of the journalists’ filter and report the prediction markets directly to people. Wanna in?

Chris F. Masse May 18th, 2008

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But the “gambling” nature puts some journalists off.

Is it just providing information … or promoting betting action?

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See, that’s exactly why I want to develop my “Midas Oracle Project”.

Classic journalists and classic bloggers will never treat prediction markets with the maximum sophistication they deserve.

Only brand-new blog networks that will specialize in prediction markets will do a good job.

I’ll provide more details soon.

I hope that some of you will join this project. It should be a collective endeavor.

E-mail me to join.

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One Response to “The managing editor of CNBC.com asks readers whether they should report what the (play-money and real-money) prediction markets say. He is not that hot on the idea —to say the least. Which is why we should develop a blog network on prediction markets —to get rid of the journalists’ filter and report the prediction markets directly to people. Wanna in?”

  1. [...] we stay in our armchairs, nothing will happen, because most of the old-school journalists and bloggers don’t think much of the prediction markets. The prediction market infiltration in the Mediasphere and the Blogosphere is like a weak stream, [...]

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