Prediction Markets + Market Predictions = Collective Forecasting That Pays Off
- Their upcoming “business development initiatives” will magically generate new, sustainable revenues.
- The CFTC will soon allow InTrade to export its Irish services, legally, to the Americans.
Each of those bets is risky —and InTrade need to succeed on both fronts. It will be very difficult.
Best of luck to them —luck is what they will be needed.
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Max Keiser on Nate Silver: InTrade probability on ObamaCare is quite right.Max Keiser on When the ObamaCare event derivative reaches 80%, I will officially declare America as a socialist country —just like France and Sweden.
Jason Ruspini on OBAMACARE PREDICTION MARKET WAS BRIEFLY MANIPULATED YESTERDAY EVENING SO IT WOULD ARTIFICIALLY CLOSE AT $35. – [CHART]
Paul Hewitt on When the ObamaCare event derivative reaches 80%, I will officially declare America as a socialist country —just like France and Sweden.
Chris F. Masse on We interrupt this report to bring you some Jazz.Chris F. Masse on OBAMACARE PREDICTION MARKET WAS BRIEFLY MANIPULATED YESTERDAY EVENING SO IT WOULD ARTIFICIALLY CLOSE AT $35. – [CHART]Chris F. Masse on “InTrade should address this incident and suspend the account of whoever did this.”
Niall O'Connor on We interrupt this report to bring you some Jazz.Niall O'Connor on OBAMACARE PREDICTION MARKET WAS BRIEFLY MANIPULATED YESTERDAY EVENING SO IT WOULD ARTIFICIALLY CLOSE AT $35. – [CHART]Niall O'Connor on “InTrade should address this incident and suspend the account of whoever did this.”
This is as much an opportunity for the CFTC as is for Intrade. If the Americans can’t detect a win-win situation when it is right in front of their eyes, then what hope is there for any of us ? There will just be more blood on the streets. More people perhaps, like that guy in the UK, who killed himself with a chainsaw. More people perhaps who want to make a statement as we enter this depression.
John Delaney is right about one thing, it is all about transparancy.