/biz/ - Business & Finance

>>20456133
The catch is that it has to reach that price for you to not lose your money

>>20456133
each share is worth 1 Dai, 105 = 400 shares, you redeem them when the market closes
>>20456195
except you can just bet no and win that way, nice bait

>>20456220
Yea, I tried my best. I got a based ID color too.

It would be possible to go long PNK here by voting Yes and then buying up PNK to push the price up and win.

>>20456133
This has nothing to do with the kleros tokens in your possession. You're betting Dai on what you think the kleros price will be. The return on each answer is dependent on how many people vote for that answer. EX if it's 1% yes 99% no, then you'll get a much larger return on the yes vs the no bet.

>>20456336
the funny part is that there's a delay between price action and prediction market reaction so someone with enough capital could simply pump the price and continue to feed into the market as the share price fluctuates
>>20456384
>This has nothing to do with the kleros tokens in your possession
but ultimately it's a cost-benefit comparison

>>20456498
The prize isnt that big yet tho, so I guess it would be worth pumping that much money into it at the moment. Unless you we're planning to buy a lot of PNK anyway

>>20456853
Fuck, I'm too tired for these typos. It wouldnt* be worth pumping that much money in unless you were* already planning to buy a lot

Fucking

>>20456885
>>20456853
>The prize isnt that big yet tho, so I guess it would be worth pumping that much money into it at the moment. Unless you we're planning to buy a lot of PNK anyway
yeah however the value in the prediction market will rise proportionally to market sentiment and as time goes on so it's a feedback loop
plus as you said if you are going to buy or sell anyway there's opportunity there potentially
people will bet more when the price becomes more volatile - right now everyone is betting "no" because nobody thinks a token that already 2x'd can 2x again but apparently they didn't see what happened with link
also you can arbitrage since prediction sentiment might not match the token market sentiment

>>20456885
>Fuck, I'm too tired for these typos. It wouldnt* be worth pumping that much money in unless you were* already planning to buy a lot
it's mainly about upside - a $25 position is like $100 payout which is significantly more than $25 worth of PNK. this also ironically uses PNK tokens for market resolution which is the reason the token is worth anything.

>>20456931
>>20456974
Do I lose all my money if it doesn't reach $0.10?

>>20457297
no you can sell your shares at any time

>>20457362
>>20457297
>>20456974
Thanks

>>20457362
50%

>>20457821
it's like 66% or something retarded
you have to remember for the box with 2 gold balls, if you pick gold ball A you can draw gold ball B, or if you first pick gold ball B you can draw gold ball A later
that's if i remember right
t. brainlet

>>20457974
>it's like 66% or something retarded
big brain detected

>>20457974
It's much simpler than that.

There's 3 boxes, 2 of which have gold balls

-> 66% chance to be in a box with a gold ball

-> Odds of drawing a second gold ball is 33% because only 1/3 of the boxes have 2 gold balls inthem

>>20458272
3 boxes, G/G, G/S, S/S

you pick a gold ball up; the chance the next one is gold is 50%. you can pick up a silver ball, or a gold ball. either outcome only possible with G/G or G/S box. S/S eliminated due to wording of the question.

>>20456133
>>20458364
>>20458272
>>20457982
>>20457974
>>20457974
>>20457821
>>20457760
>>20457362
its 50% wtf

>>20458364
wrong

>>20458364

We are both wrong. This is called "Bertrand's Box paradox" and the answer is 2/3

>>20458623
>>20458623
>We are both wrong. This is called "Bertrand's Box paradox" and the answer is 2/3
correct

>>20458747
>that IQ puzzle
don't lay this on me anon i'm about to pass the fuck out

>>20458747
CAAB?

>>20458811
>CAAB?
depends on how dark it is and how dark you are honestly

>>20458915
I live far up north so it never gets dark and Im also the opposite

>>20458747
AAAB

>>20458811
>>20458915
>>20458952
>>20459061
ACAB

>>20458811
>>20458915
>>20459061
>>20459074
BAKA

>>20458747
cbdb

>>20457982
Turtle is 10cm
Cat is 30cm
Table is 150cm

>>20459338
A

>>20459165
>>20459074
>>20458915
>>20458811
oh wait those are all answers
i thought you fucks were doing some parody of "all cops are bastards" and i called y'all bakas for it

>>20457362
Someone post the 'speck of gold dust' version. That makes it clearer.