Prediction markets sound appealing in theory, but there's a serious flaw nobody talks about enough: insider trading becomes virtually undetectable. When information asymmetry runs this deep, regular participants get crushed. The whole system breaks down. Don't back projects like this. The risks outweigh any potential gains.
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LiquidityWitch
· 6h ago
To be honest, I agree with this logic. But the problem is that someone has to take the first step and try new things, otherwise how can we iterate and improve? Relying solely on risk avoidance will never lead to new breakthroughs.
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BearMarketHustler
· 6h ago
Bro, that's not entirely correct... The information asymmetry issue in prediction markets does exist, but saying it's completely undetectable is too absolute. On-chain data is all there, and anyone willing to investigate can find clues. Instead of saying the entire system will collapse, it's more like whoever discovers it first can exploit it haha.
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GasFeeNightmare
· 6h ago
Suddenly thought of at 3 a.m., this thing is actually a backdoor for information brokers and big players... We retail investors can't even get in the door, and we spend gas fees to get harvested? Forget it, forget it. It's just another "theory perfect, practice collapses" thing. Going to bed early is more profitable than participating in this.
Prediction markets sound appealing in theory, but there's a serious flaw nobody talks about enough: insider trading becomes virtually undetectable. When information asymmetry runs this deep, regular participants get crushed. The whole system breaks down. Don't back projects like this. The risks outweigh any potential gains.