Re: [bitcoin-dev] Prediction Markets and Bitcoin

2021-05-18 Thread ZmnSCPxj via bitcoin-dev
Good morning Prayank, > > > Of course the people ultimately funding the development must impose what > >direction that development goes to, after all, it is their money that is > >being modified. Thus development must follow the market. > > Disagree.  > > 1.A position in a futures market about

Re: [bitcoin-dev] Prediction Markets and Bitcoin

2021-05-11 Thread Prayank via bitcoin-dev
Good morning ZmnSCPxj, This will be a long email because I want to cover all the things and difficult to express them in few sentences or respond to the tweets about use of futures markets in Bitcoin. TL;DR: Prediction markets or futures markets can be helpful in collecting more information

Re: [bitcoin-dev] Prediction Markets and Bitcoin

2021-04-15 Thread ZmnSCPxj via bitcoin-dev
Good morning Prayank, > I think prediction markets or such tokens might help in adding to the > information we already have however they don't decide or replace anything. > Bitcoin development should impact such markets and not the other way around.  "Human behavior is economic behavior. The

[bitcoin-dev] Prediction Markets and Bitcoin

2021-04-07 Thread Prayank via bitcoin-dev
Positives: You need money to participate even though your position size may not matter if really small based on liquidity and volume. Useful information if looking at overall sentiments especially traders Noise filter because its not same as trolling on social media Opportunity for some people