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Happy FOMC Day stackers!
Only a few hours left before the Fed announces the decision on rate cuts. While the analysts and prediction markets are clearly looking in favour of a 25bps rate cut, Fox just dropped a bombshell saying we could see a 50bps rate cut. This actually showed some impact on the market as the odds for 50bps increased by 10% in minutes.
As far as No rate cut goes, it has to do with Powell signalling and all out revolt against Trump. The market is not sure though, the chances are less than 2%. The odds for a 25bps are still at about 85% and for a 50bps are about 12%.
Have you made your prediction yet on the Fed’s decision this September?.
Will interest rates change, or stay the same?
Only time will tell in about a few hours, but your insights could make all the difference!
Predict.Stack.Win.
100 sats \ 2 replies \ @anon 11h
You have some kind of exploitable race condition, where I can sell during the end and take the sats, too:
Username is 039e995246154fb602158edeea5ee928304409c8a2d755626f21d09b6f5d462cd3
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Do you mean you could sell after the market is closed?
Before the market closes, everyone can sell whatever share he/she has.
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0 sats \ 0 replies \ @anon 6h
The closing of the market is probably not as atomic an operation as you assume it is.
When I saw the result on TV, I noticed that I could still sell my losing shares.
It looked like the sell order didn't go through, and it's still listed with status WAITING_SELL now. But the 462 sats were visible as withdrawable sats, and withdrawal worked.
At the same time, the UI shows my bet as complete loss, so at least it's inconsistent.
I wonder whether I could also sell a winning share at that exact moment, take the sell proceeds AND then get credit for the win. Smells like a race condition. Check your logs. You have logs of everything, right?
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I had been long on a 50 point cut but started backing off that recently.
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Nice. You saved some or maybe many sats.
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I think your backend is borked, stuck payment now this:
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Thanks. It looked to us like a server issue. The site is up again.
stuck payment
On the same market? Did you get back the payment?
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Looks like its still stuck at the htlc level so I think it'll be a matter of the timelock before I get it back, no worries...
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Alright. We regret the inconvenience. We've just tested the market, and it's working. Kindly try it again and let us know if you are still facing any problem.
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No worries, I know as well as anyone this shits hard to make stable. Site's looking good these days, keep up the good work.
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Interesting times, brics coming with currency backed by gold, usd everyday closer to death.
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0 sats \ 0 replies \ @OT 17 Sep
Les cut!
Go 50!
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