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Your response is the first that's really interesting. I know that the fair value is much, much higher than it is now, because there is virtually no real adoptio
by _qqm5 4y ago
Your response is the first that's really interesting. I know that the fair value is much, much higher than it is now, because there is virtually no real adoption.
> what’s the right coin and right amount to hold?
That's an amazing question. I have truly no idea. I'm investing based on my personal conviction.
But this opens up a really interesting discussion about game theory and prediction markets. In a zero-sum prediction market, refusing to play is pareto-optimal and an equilibrium strategy.
So you could call me an irrational actor. I'm making a first move based on personal belief, thereby giving you an opportunity to arbitrage me. I believe that the fair value is higher than it is now. If you believe differently, short me. (I'm just joking of course, but I do find your question intriguing, and is something I've been thinking about a lot)
- gizmo385 4y ago> I *know* that the fair value is much, much higher than it is now, because there is virtually no real adoption (emphasis mine) This seems like an incredibly bold claim to make. I would argue that there is little adoption because many have judged crypto to be of little value.
- yunohn 4y agoI often find that crypto enthusiasts who go all-in on game theory are from making rational decisions despite sounding partially logical.