2 ms·
Well, but who would then buy the "yes" bet at an elevated price?
by zb3 1y ago
Well, but who would then buy the "yes" bet at an elevated price?
- chrchr 1y agoRight! The explanation in the article -- that "no" holders will need to sell to buy other things before the market resolves, pushing the price up -- doesn't make sense to me. Sure, maybe the price goes up shortly before the market closes, but that's a hell of a falling knife to try to catch.