@alexursa@Kalshi You could make this look like an actual slot machine, and just have winning symbols come up on the reels when the net result was a win, and losing combinations when they've lost. But in only a few seconds, I'm not sure you can get that much volatility, can you?
@ikarusz26@heyjxck_ This seems like an easy situation to spot and exploit though. When shares are heavily overvalued relative to their probability, buy on that side - the fix is likely in. Could even look at who is buying a given side up to those levels, and check wallet balances.
While I agree that manipulation is a huge problem, I don't know that it's @Polymarket's fault. The manipulation is occurring on other exchanges, in order to win bets at Polymarket. To change it, they'd have to use something like a TWAP, which would change the crypto up/, down markets work entirely.
Yes, this is the correct explanation. I didn't realize that you could simply transfer shares to another account and have it count toward that account's PnL though. I guess it makes sense, but that makes the leaderboard useless if it can be gamed like this. At $2200 per tx, he only needs 500 txs to hit $1m...that's just a tiny amount of gas to get a decent amount of attention. He is only out a few dollars.
I think the part you're missing is that most of the players that play at this level receive loss rebates at physical casinos. Do you offer that? Typical rebate at a Vegas strip casino for someone with a $20m bankroll (which would be necessary before they'd give you anything close to a $1m/hand limit) would be 20%, and usually even higher for Asian players. Macau has rolling/dead chip programs that serve the same purpose.
Are you offering something along those lines for people looking to play at these stakes?
@dataalways More likely than not, the victims of this bot are poorly coded trading bots whose behavior is very predictable. Would love the bot's actual address or example tx hash.
@VigilantFox@elonmusk People will have to find a different purpose. Perhaps a new renaissance era will be born. The reality is that soon, most humans will no longer be a necessary part of the workforce. We have to individually contemplate what that means for us, but no amount of lament will stop it.
@Scott_Weidig@elonmusk No, because the government has proven to be a terrible steward of tax dollars. You could also never quantify the financial impact of AI on companies that leverage AI. Taxation isn't the way to fund these things.
@alex2110x@moflod@quantymacro Now the question is...what's the point? Twitter clout? Fairly smart idea for spamming nonsense, I suppose, but forgetting to change the date on the post is a killer for the credibility of this account.
@TheAmolAvasare@blknoiz06@AnthropicAI Great, you have a fantastic tool that almost nobody has access to. If you are in charge of growth, you might want to reconsider your chokehold on who can access it.