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I think his market parameters are poor.

Yes - I concur on market parameters being poor

However this market was created after bitcoin had dropped much lower to 60s. So we can infer that - here the creator meant 75K from the time of creation.

Such things will happen in user created markets, so one must use their own wit, why will someone create a 75k market - if it was already 75k in Feb.

This market was created on 7th Feb at 19:53 UTC

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