#gambling-meme economy

1 messages · Page 3 of 1

glossy tundra
#

Nobody appreciated this but tom 🙁

glossy tundra
#

https://vxtwitter.com/pizzintwatch/status/1993346450084778439

Pentagon Pizza Watch (@pizzintwatch)

POLYGLOBE JUST GOT ANOTHER MASSIVE UPGRADE 🌐

DeepStateLive’s Ukraine war map is now draped directly onto the globe, live and synced with @Polymarket .

Shaded control zones, shifting frontlines, Russian/Belarusian unit icons and direction of attack arrows all sitting under your markets and OSINT in near real time.

These Ukraine geo markets confuse people constantly. is it the city limits, the oblast, “enter” vs “capture all of”?

Now, when you hover a market, we draw the exact area of operation it resolves on and spell out the rule in plain English.

No more rule debates, no more guessing what actually settles.

The only way to monitor the situation.

▶ Play video
vxTwitter / fixvx 💖 655 🔁 86 ·
civic kelp
#

cant these dudes play europa universalis or something jfc

cosmic spoke
#

insane money laundering operation. but I'm sure this is going to get bet on by ukroids at least

glossy tundra
#

Trump Jr cashing out all of his crypto scams to go all in on the big one, convincing daddy nuke moscow

glossy tundra
#

Me_irl

glossy tundra
modest helm
glossy tundra
glossy tundra
glossy tundra
#

#screenshots_copypasta message

cosmic spoke
#

if someone came to me with that advice and why they arrived at it I wouldn't have bet anything. I don't think there's a way out for me of this

glossy tundra
glossy tundra
#

Wow exactly what everyone said was gonna happen happened

proud forge
#

fuck it ill post in both channels

glossy tundra
glossy tundra
#

2 years in the making

#

The cheese bubble has popped

glossy tundra
#

Vibe traders

dry pecan
glossy tundra
topaz mica
civic kelp
#

housing prices will.....rise!

wdpXpgv.png
lean halo
#

Wait this could allow people to sell their houses at a loss but still make a profit by betting against the price going up, if enough other people bet the price will go up

#

Democratization of insider trading /s

modest helm
civic kelp
modest helm
modest helm
#

https://x.com/jrag0x/status/2008957925255942464

Jrag.eth (@Jrag0x)

Down in my bunker as radioactive ashes rain down on my city.

I check my Polymarket "Yes" shares for "Atomic bomb detonation in 2026?" using the last remnants of internet.

Worth $0.

UMA resolved it as 'No' because it was technically a hydrogen bomb and not an atomic one.

X ·
brave mulch
glossy tundra
glossy tundra
#

This type of thing has to lead to some questions about all the sportsbook sites eventually

civic kelp
dry pecan
#

airline revenue up, excavator counterweight revenue down

glossy tundra
#

Does anybody here think they know who satoshi is/was

dry pecan
#

it's me

brave mulch
civic kelp
civic kelp
cosmic spoke
#

ok it's down to 24% now. was wondering

#

I wonder how many millions barron made off of that again

modest helm
#

seems to be a huge push in gambling recently

glossy tundra
glossy tundra
#

As in, the country is over, party

glossy tundra
glossy tundra
glossy tundra
glossy tundra
civic kelp
#

damnit im late

#

https://fxtwitter.com/it_is_fareed/status/2021281774819496154

fareed (@it_is_fareed)

My entire net worth is in third order Rapture derivatives. If the chance of “the chance of “the chance of the Rapture exceeds 5%” exceeds 5%” exceeds 5%, i lose my house

Quoting tedfrank (@tedfrank)
︀
So the reason this Polymarket “prediction market” is performing so insanely high is because there’s a second market asking if this market will go above 5%. People in the derivative market are manipulating this market. Which defeats the public policy case for prediction markets…

**💬 66 🔁 720 ❤️ 12.1K 👁️ 649.1K **

FxTwitter ·
civic kelp
cosmic spoke
#

does openai still pass a hopeful scenario sniff test?

#

they do keep getting funding, doesn't seem like they're going to go away in a while. it just doesn't seem like they can keep up with the costs without rounds of funding, they don't seem to have a unique product that is significantly better than the competitors, and doesn't look like they can hold on to a massive market lead. especially with many major competitors just bundling their product

cosmic spoke
#

I guess it's not as bad as I thought, even though we have no real way of knowing. the inference costs have definitely gone up a lot while losing market share. I thought it was horrid, but this seems like it might only be blitz-sense regular bad

I wasn't really interested before, I thought it was just demand for the shit (however you want to conjure up demand), but their big gamble is actually just locking down compute and preventing competition from accessing it? then hoping the previous scaling in compute with revenues keeps up? I guess there's a chance someone could want to eat up openai for access too

civic kelp
civic kelp
lean halo
#

They don't want to have to pay hazard pay to the oil well workers for the radiation exposure in their imagined future where they get to extract the oil so they won't

glossy tundra
glossy tundra
#

I think i want to try to short pakistan

glossy tundra
#

Spy puts are insanely expensive rn

glossy tundra
#

Market so fraudulent robinhood wont let me play

glossy tundra
#

Finally got in hopefully iran blows all our shit up tomorrow

cosmic spoke
#

have you still been gambling?

glossy tundra
cosmic spoke
#

curious to see what kind of silly stuff happens on friday again

glossy tundra
#

Dont have any bets open currently i made about 50% shorting that fake pump. Theyre trying for more fake positivity to pump it up before it crashes

cosmic spoke
#

yeah. it just feels like crypto garbage happening with actual real tangible things now. it's absolutely bonkers

glossy tundra
#

Thats how ive seen it for quite a while now tbh. There is massive blatant manipulation

cosmic spoke
#

there's something about the markets almost having to react a certain way, but they're not equipped in the same way right? there's rigidity

#

but yeah. the manipulation is insane. I just read quickly that some people in the know cleaned 1,5 billion off of polymarket again with iran stuff

#

every aspect of this is so shit

glossy tundra
#

I see situations where insider trading is plausibly ripping off hundreds of millions of dollars almost every single day

#

Not to mention the conflicts of interest running rampant these days

cosmic spoke
#

yeah, of course. with "prediction markets" though it is abundantly clear in so many ways. you don't have to even take a guess, and it's supported by the admin. no small leap even needs to be made to see the corruption

glossy tundra
#

Oh for sure those are practically just insider trading markets now

#

Theyre ruining sports along with the weird bets that sportsbooks offer

cosmic spoke
glossy tundra
# cosmic spoke how's it affecting sports?

There has been a massive increase in cheating scandals. There are a lot of ways to cheat a prediction market or a sportsbook outside of completely throwing a match. In college basketball for example "point shaving" has become a big problem where players try to not score a certain amount of points by halftime or whatever. it makes a lot of stuff suspect

dry pecan
#

the point of prediction markets is to encourage insider trading!

i.e. incentivizing people with an information edge to make money off that edge to better inform the predictive value of the price

they shouldn't be fair markets, they wouldn't be useful if they were. they would lose their justification for existence (making predictions) and then we'd just be gambling without the facade of providing valuable information to society

unfortunately the markets are being used to make mostly useless predictions (e.g. sports betting and quirk chungus gambles)

glossy tundra
#

I think a fair market would be just as good as predicting though

#

The insiders dont move the needle until the last second if they do at all

#

In most cases

dry pecan
#

that's fair

#

it makes a difference but not by much

glossy tundra
#

Eventually they may develop a good way of tracking them like the mimicry of senators

#

Then theyd probably move it more

cosmic spoke
#

even if it wasn't as scummy as it is now, even if it wasn't as snipy as it is now, it still creates some horrible incentives. there's very little information to be gained that's beneficial

dry pecan
#

i think the prediction markets are crazy inefficient still

#

and they're in dire need of regulation of what can be allowed in the market, too many moral hazards in the current environment

cosmic spoke
#

maybe in some other system I could see this being flipped from producing pretty much nothing but bad to something else. there's pretty good reasons for why there's law passed in remotely similar markets, and anything that supports the current state and deregulation (like the current admin) is just furthering corruption

#

idk. if you add social cost to those things at any point it just looks like shit

dry pecan
#

i honestly don't think they do that much bad, it's mostly just stupid

cosmic spoke
#

ok. I might just be against gambling more than the average person then. the amount of people that ruin their lives over these things isn't small. even when it's smaller stuff like loot boxes and gambling with said loot boxes, the actual people who get obsessed with the gambling (and which is pushed onto literal kids) aren't doing well. by all accounts it's pretty miserable

#

especially when you add an environment where more and more young people think it's better to take a risk and hit it big to live a life worth living. which I get, especially if it's in a country where they will own fuck all unless they happened to be smarter than most people

#

(smarter = opportunities etc too, of course)

dry pecan
#

I am definitely against gambling yeah i'm with you there in general, that said i think you should be allowed to make rational financial decisions even if they are probabilistic in nature

i'm anti-gambling but pro managed risk

cosmic spoke
#

ok, good distinction and sorry for slipping into the gambling. but it is a part of it currently in a very big way. the deregulation also allows it to expand more into the same territory as gambling

#

I agree with the pro managed risk position. I'm fine with that as long as it's well regulated

#

in theory, yes. in practice up until a large amount of fundamental things change, no. I'd rather get the whole thing banned and keep that a full priority before reworking anything

dry pecan
glossy tundra
#

Gambling is part of sports but i would be open to questioning the necessity of most traditional bets that bookies carry

glossy tundra
glossy tundra
#

Market pricing in the bullshit ahead of time

#

Wtf don't take away my free money plays

brave mulch
glossy tundra
glossy tundra
cosmic spoke
#

is that one real?

#

luckily doesn't seem like it

glossy tundra
cosmic spoke
#

I'm going short on potatoes

image.png
#

I'm leveraged by 1000x

#

jesus fuck I'm getting a margin call

#

I'm going short again to cover the losses

image.png
cosmic spoke
#

oh god getting called again

glossy tundra
glossy tundra
glossy tundra
glossy tundra
#

The official poker site of pedophiles

civic kelp
glossy tundra
#

Its definitely targeting kids

civic kelp
#

they won

glossy tundra
dry pecan
glossy tundra
#

Kalshi banned and fined 3 politicians for insider trading recently

#

I wouldnt be surprised if they go after that guy for his winnings

dry pecan
glossy tundra
# dry pecan

Trump said that its okay if you arent betting against the team

#

Interested to see how this plays out

glossy tundra
#

Getting way too deep in the weeds for most with this im sure but there is a complicated meme coin scheme integrated into the time traveler theory

civic kelp
civic kelp
civic kelp
glossy tundra
#

Nova Red is a meme stock because people think the price of copper will rise?

#

My growing bucket of copper bars approves

glossy tundra
civic kelp
glossy tundra
glossy tundra
#

This guy (identified by the public in december) just got busted

brave mulch