3 ms·
The current odds on Manifold, a prediction market which uses imaginary internet money (not crypto, real imaginary internet money), are currently 53% for the end
by dannyobrien 3y ago
The current odds on Manifold, a prediction market which uses imaginary internet money (not crypto, real imaginary internet money), are currently 53% for the end of the year.
Easy way to double your imaginary internet money if you're confident of the real answer.
https://manifold.markets/tb/will-metas-threads-successfully-int?r=RGFubnlPQnJpZW4 https://manifold.markets/tb/will-metas-threads-successfully-...
- capableweb 3y ago> Mana (Ṁ) is Manifold's play money. Use it to create and bet in questions. Mana can't be converted into cash, but can be purchased and donated to charity at a ratio of Ṁ100 : $1. Am I missing something here or are they saying "I'm allowed" to buy my own Mana in order to donate 1% of what I purchased to charity? Doesn't make much sense, or I'm not understanding it at all. I'm betting all my Mana on the latter.
- hiddencost 3y agoPresumably you can buy at a rate of M100 : $1, too. So yes, you're missing something. (I suspect that they may take a tax write off out of the deal, so are somehow still profiting.)
- sushid 3y agoI have not used the site but going through their FAQ, it looks like you have the ability to 1) buy more Mana and 2) Convert your Mana into charitable donations (that is paid not by you, but Manifold) [0] [0] - https://manifoldmarkets.notion.site/Charitable-donation-program-668d55f4ded147cf8cf1282a007fb005 https://manifoldmarkets.notion.site/Charitable-donation-prog...
- Karrot_Kream 3y agoRight but you can express skepticism on HN and get tons of imaginary internet points (karma) right now, whether or not you're right. So what's the point?
- dannyobrien 3y agoI wonder what the exchange rate between imaginary internet points gained whether the gainer is right or wrong, and imaginary internet points distributed according to your accuracy in making predictions (and I guess, also your desire to spend money buying more imaginary points), is?