Finance News
By Steven Anderson
1 / 10
Vitalik in his prediction markets post stated,why wouldn't people just come in and buy the token until the price rises more?
2 / 10
While discussing several other things, he went ahead stating, the non-blockchain prediction markets which people used before 2020 have all sorts of restrictions which make it…
3 / 10
He further pointed to how as a result, if a very smart individual or a professional organization saw a probability that what they believed was wrong, they would only have a very…
4 / 10
He also points to how although the stodgy old-world centralized prediction markets may have low limits and high fees, the crypto markets do not!
5 / 10
He pointed to Augur or Omen and stated that there's no limit to how much someone can buy or sell if they think the price of some outcome token is too low or too high.
6 / 10
These lines just point to how the market is made up of cool-headed traders and others who outbid the overly optimistic ones.
7 / 10
Be reading at all these statements, we feel that prediction in the cryptocurrency market is one of the reasons for why someone would invest in a token, either thinking the price…
8 / 10
Someone stated, If you feel threatened by an open, credibly neutral money system that's accessible to anyone and purely opt-in maybe that says something about you.
9 / 10
Mark Cuban, in a Defiant Podcast stated: ETH has an advantage over BTC as a store of value. Smart contracts enabling friction-free banking changes everything.
10 / 10
It is only practical in the current trends to own both and then one would benefit from both, add a dash of decent alts, and the crypto investor has already got a halfway decent…
The Currency Analytics
Want the full story?