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Those predictions are just market data, market data is often very expensive (my data usage at work is probably about $100k a year and i'm not even a trader), I
by mhh__ 7mo ago
Those predictions are just market data, market data is often very expensive (my data usage at work is probably about $100k a year and i'm not even a trader), I imagine polymarket will be too when they are more established.
- pixl97 7mo ago>Those predictions are just market data, Any kind of fraud is just market data when you pay enough for it.
- kqr 7mo agoHappens already. Selling market data is part of how they finance themselves.
- Zigurd 7mo agoTraders sometimes go to prison for insider trading. The wisdom of the crowd human when the crowd is following someone with insider information is deemed legal.
- sam0x17 7mo agoIt's inherently free data. You have to be able to trade against it, and to trade against it you need to see it _before_ you give them money, so they can basically never charge for it. When they sell it to people, it's just laziness, they could scrape it themselves. edit: apparently they do, that's even more wild lol
- mhh__ 7mo agoNormally you have to pay for data although in crypto it's often free