magicinternetmoney

martingale only
copytrading for a living
magic internet money enjoyoooor

[Vlad Tenev @vladtenev]

We stand behind Stock Tokens.

[magicinternetmoney @copytraded]

@vladtenev @CEOAdam I find this practice to be contemptible, outrageous, disgusting, detestable, inexcusable, vile.

[magicinternetmoney @copytraded]

@CantonArmy bruh, why would you compare dapps to network? LMEOW. at this scale, @Collector_Crypt should be valued at 10x CC's mcap?

[Community Fist @community_fist]

For everyone insisting that @Polymarket simply has no choice and MUST stop accepting evidence the very second a market deadline passes, here's a precedent.

At the time the market "Khamenei out of power by February 28" closed, there was no reliable confirmation that Khamenei had died. Instead of rigidly enforcing some supposed hard deadline for evidence, Polymarket allowed additional time for credible confirmation to emerge before resolving the market.

So it turns out these unwritten Polymarket rules aren't nearly as strict or automatic as we're being told.

Apparently, they can be applied when convenient and ignored when convenient.

Funny how that works.

The real issue isn't whether exceptions can be made. Clearly they can.

The issue is that exceptions seem to appear selectively, depending on the circumstances and who benefits from the outcome.

Who could have possibly seen that coming?

@0xDinoCrypto @willo2_Poly

[0xDinosaur @0xDinoCrypto]

I’m 20 years old, still a university student.

Before this dispute, I was one of the top 10 YES holders in the Polymarket MicroStrategy market. I lost around 35,000 USDC because I trusted the written rule.

The rule said YES if MicroStrategy sold Bitcoin by May 31.

It did not say the sale had to be publicly disclosed by May 31.

That is the whole issue.

If you want to help:

Repost this.
Tag a journalist.
Tag a lawyer.
Send this to a crypto researcher.
Submit your case if you were affected.

https://t.co/pmXUtr9jFD

Silence is what platforms count on.

Don’t give them that.

[tism @errolcart]

After today and watching events past few days, I've lost absolutely all trust in @Polymarket.

Will be moving my weather bot and money out of the platform and my trading as well.

"Microstrategy sells any bitcoin by May 31st" has just resolved to "NO".

What I saw today is amongst a handful of the most blatant alleged frauds I've seen from a platform this big to its users in this space.

Would be genuinely surprised if somehow this doesn't end up with much worse consequences for them.

As things are standing, I have no option but to conclude this is the start of their downfall and that another platform will take it's place. I'll /c this later.

Put simply but accurately: they changed the contract (buying shares with a set of conditions/rules) AFTER the agreement (purchase) and AFTER the date chosen had already passed (changed on june 1st, date was may 31st).

Imagine buying a lottery ticket, winning, and when you go to claim they tell you they've decided to change the numbers.

Disgusting and shameless are soft words for this.

Some, as myself, would also say illegal, but that's still to be proven in front of a judge.

It simply makes 0 sense to attempt any type of predictions in Polymarket, as the results of these prediction markets are not grounded in real events nor reliable sources, no matter how much they SAY they are (@arkham had recorded the sale on may 27th I believe), but on what the UMA holders find the most convenient at the time.

Just reading that paragraph makes me even more disgusted.

I can attempt to predict real life events, but I can't predict on what side of the bed the biggest UMA whale wakes up today.

Might as well change every question to "Will UMA holders resolve/decide to...."

After almost a decade of legal training, it's simply impossible for me to think this doesn't end in 1 or more lawsuits, and/or a class action.

There's simply too much evidence and too much money lost.

Of course it's not the first time something similar happens, but it is hands down the biggest and worst one.

Many lost it all.

A platform with a system that can't reflect the truth of events is unfit to be a prediction market.

If a blockchain like Solana wasn't capable of reflecting the truth of its transactions, it wouldn't exist.

Polymarket, in its current state, CAN NOT provide the service they claim they can provide.

The fact $UMA holders (-98% in price btw) coincide with truth is just a matter of intersection of incentives. When they're misaligned (as it happened today), the truth changes, and real life events don't matter anymore.

This is true I believe for any and all prediction markets in polymarket.

What was the most alarming was the changing of the rule on june 1st. Changed from "occurred" (sale) to "announced".

Becuase it leads me to believe there's a high chance it's not only UMA whales in this fiasco, but polymarket changing the frame (mid bet!!!) to cater them as well.

I'm not leaving my money in the hands of a handful of UMA whales 1 minute more. I really wish it wasn't this way.

I didn't really lose anything, unlike others.

I'm just mostly disappointed, and I must embarrasingly admit a little heartbroken.

Seems like just another rigged game.

It would seem as if reality didn't matter in polymarket, only how much a handful of big players stand to gain.

[nic carter @nic_carter]

https://t.co/Hnlg3pl92Q

[magicinternetmoney @copytraded]

@willo2_Poly @Polymarket wake up u frauds

[0xDinosaur @0xDinoCrypto]

I have formally delivered a legal demand letter, prepared with legal advisors and counsel, to Adventure One QSS Inc. d/b/a Polymarket, the Panama-incorporated entity publicly identified with Polymarket’s international platform.

This matter will be pursued under applicable Panamanian law and other relevant jurisdictions.

The rule said “sells,” not “discloses.”

I will continue pursuing every lawful path available until this receives a fair review.

[ye @kanyewest]

BULLY ON THE WAY NO AI

[magicinternetmoney @copytraded]

@abetrade @threadreaderapp unroll

[magicinternetmoney @copytraded]

this ai craze is reminding me of early crypto days, looking forward to something new every day

[magicinternetmoney @copytraded]

@cryptorinweb3 W

[magicinternetmoney @copytraded]

@TrojanOnSolana https://t.co/qjmZrKaFrP

[magicinternetmoney @copytraded]

honestly, @openclaw's supercharging my life - best thing is it frees up mental capacity

[magicinternetmoney @copytraded]

@AntoineRSX running this for the past 2 weeks, no ragrets. time to turn clawd into a quant

[zkayAPE @zkayAPE]

Only 14 days into the year and @Collector_Crypt has already generated $26.5m in gross revenue and $2.2m in gross profit.

[magicinternetmoney @copytraded]

@spicyofc Would love to read it!

[magicinternetmoney @copytraded]

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