Quote:
Originally Posted by housenuts
Not against the thread revival. Toke, thoughts on Augur?
As an investment, be careful. I never buy and hold these altcoins/tokens. I like doing some trading for BTC profit though. It doesn't always go my way and I'm still learning. But it has been a good experience and a nice skill to learn overall like poker. The only crypto I'm willing to hold right now is only Bitcoin.
BUT, tech-wise, I'm looking forward to it. Kinda like in sportsbetting, decentralized prediction markets will be an exciting thing for a lot of people in the future. An example is, thru Augur, we can compare what the media is saying vs what the 'money' is saying. Of course, always follow the money mostly imo.
Like if someone creates a market about the US elections when the campaign starts, 'Will a Republican win or a Democrat?' We'll see a lot of forecasts from different news sites, pollsters and pundits but then the money (the crowd in Augur's case) is saying otherwise.
I think that will say a lot of how manipulative and ****ed up the mainstream media can be.
And I wonder what else what kind of markets people can think of. So hopefully they roll out a good product.