Category Archives: Market Contract Statements

The InTrade crisis deepens as their #1 fanboy calls for unwinding all trades on the debt ceiling prediction market — [SCANDAL]

Previously: Post-Delaney InTrade experiences turmoil related to the debt ceiling prediction market. — [CHART + LINK] As I said many times, Carl Wolfenden is an incompetent, and all the economists advertising InTrade on their blogs and in the media are … Continue reading

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Post-Delaney InTrade experiences turmoil related to the debt ceiling prediction market. — [CHART + LINK]

37 pages (!!) on the InTrade message board. Once again, one can question the professionalism of the InTrade execs and the usefulness of the prediction markets.

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InTrade floats Dominique Strauss-Kahn’s life. — [PREDICTION MARKET]

InTrade: New Prediction Market: Dominique Strauss-Kahn Tuesday, May 17, 2011 On May 16th 2011 Dominique Strauss-Kahn appeared in New York City Criminal Court and was charged with two counts of a criminal sexual act in the first degree , first-degree … Continue reading

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Idiots believe in earthquake prediction markets. — [PREDICTION MARKET CHART]

That’s how you spot them: They would believe in anything. [*] There can’t be any usefulness in earthquake prediction markets since science does not give us any leading indicators. (Assessing the risk of a nuclear plant melting is another issue.) … Continue reading

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Justin Wolfers didn’t inform the Freakonomics readers about InTrade’s mistake related to the contract statements of the ‘dictator departure markets’. – [RANT]

Justin Wolfers, Robin Hanson, James Surowiecki, John Stossel and the Wall Street Journal diarists [*] are not motivated by the love of the truth and the defense of the traders. They never say a word about the dark face of … Continue reading

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InTrade’s Brand-New Rules for Departure Markets – [MARKET CONTRACT STATEMENTS]

InTrade: IMPORTANT: Rules for Departure Markets Friday, Feb 18, 2011 As detailed in a previous Exchange News item, we have launched a new series of markets for the departure of various leaders in the Middle East region. These contracts are … Continue reading

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InTrade CEO John Delaney apologizes for the ‘Mubarak Departure’ prediction market scandal. – {Mubarak Market Unwound} – [VICTORY]

Chris Van Niekerk (yesterday, February 7, 2011): John, I am calling on you to fix this problem before the story spreads outside of this forum [*] and takes on a life of its own. [*] Last week, Midas Oracle offered … Continue reading

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InTrade try to clean up the mess, without acknowledging their mistake. – [OPINION]

“Intrade has listed a number of new markets related to the actual departure of President Mubarak.” What a shame. InTrade is managed by a bunch of incapable incompetents. FINAL UPDATE: InTrade CEO John Delaney apologizes for the ‘Mubarak Departure’ prediction … Continue reading

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Big trader furious at how InTrade settled the ‘Mubarak Departure’ prediction markets (even though the Egyptian dictator is still in power, at publication time) is suing their pants off using the German justice system as a springboard to get these Irish morons (namely John Delaney and Carl Wolfenden) to reckon their mistake. – [QUOTES]

Chris Van Niekerk: Well, I have come to the end of my wits here. This is very sad. The reputation of a business such as Intrade is the lifeblood of this type of operation. This sort of arbitrary expiry does … Continue reading

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InTrade has just settled their ‘Mubarak Departure’ contracts (even though the Egyptian dictator is still at the helm of the country, at publication time). – #controversy – [CHARTS]

InTrade has just settled the February and June contracts. Read it here. – “Intrade Market on Mubarak to depart Settled.” – Al-Jazeera: “Mubarak vows to finish term.” UPDATE: Please read Mike Linksvayer’s comment, just below. And here’s the link to … Continue reading

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