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

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But the &#8220-gambling&#8221- nature puts some journalists off.

Is it just providing information &#8230- or promoting betting action?

See, that&#8217-s exactly why I want to develop my &#8220-Midas Oracle Project&#8221-.

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&#8217-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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  1. Prediction markets = "the future of journalism" -said, from day one, Emile Servan-Schreiber of NewsFutures. Emile, if you have balls, let's do it -all together. | Midas Oracle .ORG said:

    […] 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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