I should have included that it's very impressively written by an author who's been up for 28 hours (and has become a little cranky apparently). My bad.
this territory is moderated
531 sats \ 9 replies \ @ek OP 23 Jan
Nah, I'm not cranky yet
reply
Normally, it's difficult to deny being cranky without coming off as cranky. That was artfully done on your part.
reply
28 sats \ 7 replies \ @ek OP 23 Jan
Yeah, I considered responding in a cranky way that I am not cranky but that would have been too predictable.
That was artfully done on your part.
Now you're flattering me. Or it's sarcasm. Emotional rollercoaster either way. Thanks.
reply
That was sincere: I set a trap and you dodged it.
reply
28 sats \ 5 replies \ @ek OP 23 Jan
Now I am confused. A sincere trap?
reply
How's that prediction market coming?
reply
531 sats \ 3 replies \ @ek OP 23 Jan
Interesting, I was just thinking about it. I guess seeing your nym always subconsciously makes me think about delphi.market.
Had some ideas around it. Might be the next thing I am going to explore more in the next weeks.
For example, I think creating individual orders is kind of bad UX and bad for liquidity.
If you're live betting on something, you don't want to create an order with a specific size every time your prediction changes. You probably just want to move a slider and orders will be automatically created and matched in the background. I had this idea while watching people boulder. Every move they make changes our internal predictions about if they're going to make it. So the market needs to be fast. Lightning fast you could say, haha
And it's bad for liquidity since with no partial matching, a lot of small orders currently can't match a big order since my model is based around a P2P vision; just two parties trading against each other (even though the market is centralized, yes).
But for now, these are all just ideas. I think prediction markets could really blow up this cycle.1 Especially now with fedimints taking off. If they don't blow up, I am going to make them blow up, lol :)
Footnotes
  1. Finding that link to me most of these 32 minutes to reply to you lol
reply
I like the direction you're describing. That gets at something I've been wondering about. How do you want transactions to be managed?
I could certainly imagine wanting to have an auto buy/sell in place if the odds shift, rather than hope I happen to be paying attention when someone else tries to find a partner for their prediction.
I can also imagine not wanting that if the odds are shifting for good reason.