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[Abs 25]: 12/19 199.5😎 Losing weight like I lost 69k sats
226 sats \ 59 comments \ @realBitcoinDog 14h HealthAndFitness

So sad we lost to the Seagulls

[Abs 25]: 12/19 199.5😎

[Abs 25]: 12/18 199.6😎

[Abs 25]: 12/16 200.7😎

[Abs 25]: 12/15 200.4😎

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[Abs 25]: 12/11 199.7😎

[Abs 25]: 12/10 197.2😎

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[Abs 25]: 12/8 198.5😎

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[Abs 25]: 12/2 196.0😎

[Abs 25]: 12/1 200.5😎

[Abs 25]: 11/30 201.0😎

[Abs 25]: 11/26 196.6😎

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[Abs 25]: 11/23 198.2😎

[Abs 25]: 11/22 195.8😎

[Abs 25]: 11/21 195.8😎

[Abs 25]: 11/20 194.8😎

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[Abs 25]: 11/18 195.6😎

[Abs 25]: 11/17 196.8😎

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[Abs 25]: 11/15 196.2😎

[Abs 25]: 11/14 196.5😎

[Abs 25]: 11/13 194.6😎

[Abs 25]: 11/12 196.1😎

[Abs 25]: 11/11 195.5😎

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[Abs 25]: 11/8 195.5😎

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[Abs 25]: 11/6 196.8😎

[Abs 25]: 11/5 198.2😎

[Abs 25]: 11/4 196.1😎

[Abs 25]: 11/3 197.4😎

[Abs 25]: 11/2 195.6😎

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[Abs 25]: 10/31 196.1😎

[Abs 25]: 10/30 197.6😎

[Abs 25]: 10/28 198.8😎

[Abs 25]: 10/27 199.1😎

[Abs 25]: 10/25 199.6😎

[Abs 25]: 10/24 197.4😎

[Abs 25]: 10/23 198.5😎

[Abs 25]: 10/22 197.0😎

[Abs 25]: 10/21 197.9😎

[Abs 25]: 10/20 200.0😎

[Abs 25]: 10/19 199.1😎

[Abs 25]: 10/18 196.8😎

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[Abs 25]: 10/16 199.0😎

[Abs 25]: 10/15 198.6😎

[Abs 25]: 10/14 197.2😎

[Abs 25]: 10/13 199.0😎

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[Abs 25]: 10/9 196.5😎

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[Abs 25]: 10/5 200.3😎

[Abs 25]: 10/4 198.0😎

[Abs 25]: 10/3 199.3😎

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[Abs 25]: 9/30 197.2😎

[Abs 25]: 9/29 200.2😎

[Abs 25]: 9/28 198.0😎

[Abs 25]: 9/27 196.8😎

[Abs 25]: 9/26 194.3😎

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[Abs 25]: 9/19 200.3😎

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[Abs 25]: 8/7 194.9😎

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[Abs 25]: 7/23 200.5 😎

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[Abs 25]: 7/21 203.4 😎

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[Abs 25]: 7/1 198.5🤌

[Abs 25]: 6/30 201.0🤌

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[Abs 25]: 6/23 204.8🤌

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[Abs 25]: 6/13 198.3🤌

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[Abs 25]: 6/3 200.0🤌

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[Abs 25]: 5/18 203.1 ✊

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[Abs 25]: 5/16 201.8 ✊

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[Abs 25]: 4/29 207.4 ✊

[Abs 2025]: 4/28 206.6 💪

[Abs 2025]: 4/27 209.4 💪

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[Abs 2025]: 4/24 206.6 💪

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[Abs 2025]: 4/18 207.9 💪

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[Abs 2025]: 4/13/25 211.1 💪

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[Abs 2025]: 4/11/25 210.6 💪

[Abs 2025]: 4/10/25 209.7 💪

[Abs 2025]: 4/9/25 210.4 💪

[Abs 2025]: 4/8/25 CW: 209.4 💪

[Abs 2025]: 4/7/25 CW: 211.0 💪

[Abs 2025]: 4/6/25 CW: 209.8 💪

[Abs 2025]: 4/5/5 CW: 208.7 💪

[Abs 2025]: 4/4/5 CW: 209.7 💪

[Abs 2025]: 4/3/5 CW: 207.5 💪

[Abs 2025]: 4/2/5 CW: 208.3 💪

[Abs 2025]: 4/1/25 CW: 208.8 💪

[Abs 2025]: 3/31/25 CW: 210.6 💪

[Abs 2025]: 3/30/25 CW: 210.6 💪

[Abs 2025]: 3/29/25 CW: 212.0 💪

[Abs 2025]: 3/28/25 CW: 208.8 💪

[Abs 2025]: 3/27/25 CW: 208.7 💪

[Abs 2025]: 3/26/25 CW: 209.8 💪

[Abs 2025]: 3/25/25 CW: 211.4 💪

[Abs 2025]: 3/24/25 CW: 210.3 💪

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[Abs 2025]: 3/16/25 CW: 212.8 💪

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[Abs 2025]: 3/14/25 CW: 209.8 💪

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[Abs 2025]: 3/11/25 CW: 210.9 💪

[Abs 2025]: 3/10/25 CW: 212.0 💪

[Abs 2025]: 3/9/25 CW: 211.5 💪

[Abs 2025]: 3/8/25 CW: 211.4 💪

[Abs 2025]: 3/7/25 CW: 209.7 💪

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[Abs 2025]: 3/4/25 CW: 209.6 💪

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[Abs 2025]: 3/2/25 CW: 212.2 💪

[Abs 2025]: 2/28/25 CW: 212.4 💪

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[Abs 2025]: 2/19/25 CW: 211.2 SW: 223 GW: 189💪

[Abs 2025]: 2/18/25 CW: 210.8 SW: 223 GW: 189💪

[Abs 2025]: 2/17/25 CW: 211.8 SW: 223 GW: 189💪

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[Abs 2025]: 2/15/25 CW: 213.2 SW: 223 GW: 189💪

[Abs 2025]: 2/14/25 CW: 211.0 SW: 223 GW: 189💪

[Abs 2025]: 2/13/25 CW: 209.2 SW: 223 GW: 189💪

[Abs 2025]: 2/12/25 CW: 210.1 SW: 223 GW: 189💪

[Abs 2025]: 2/11/25 CW: 210.3 SW: 223 GW: 189💪

[Abs 2025]: 2/10/25 CW: 216.1 SW: 223 GW: 189💪

[Abs 2025]: 2/9/25 CW: 212.2 SW: 223 GW: 189💪

[Abs 2025]: 2/8/25 CW: 211.7 SW: 223 GW: 189💪

[Abs 2025]: 2/7/25 CW: 209.8 SW: 223 GW: 189💪

[Abs 2025]: 2/6/25 CW: 210.8 SW: 223 GW: 189💪

[Abs 2025]: 2/5/25 CW: 210.3 SW: 223 GW: 189💪

[Abs 2025]: 2/4/25 CW: 211.2 SW: 223lbs GW: 189lbs💪

[Abs 2025]: 2/3/25 CW: 215.0 SW: 223lbs GW: 189lbs💪

[Abs 2025]: 2/2/25 CW: 215.2 SW: 223lbs GW: 189lbs💪

[Abs 2025]: 2/1/25 CW: 214.1 SW: 223lbs GW: 189lbs💪

[Abs 2025]: 1/30/25 CW: 213.6 SW: 223lbs GW: 189lbs💪

[Abs 2025]: 1/29/25 CW: 214.6 SW: 223lbs GW: 189lbs💪

[Abs 2025]: 1/28/25 CW: 213.5 SW: 223lbs GW: 189lbs💪

[Abs 2025]: 1/27/25 CW: 211.7 SW: 223lbs GW: 189lbs💪

[Abs 2025]: 1/26/25 CW: 214.1lbs SW: 223lbs GW: 189lbs💪

[Abs 2025]: 1/25/25 CW: 214.1lbs SW: 223lbs GW: 189lbs💪

[Abs 2025]: 1/24/25 CW: 213.6lbs SW: 223lbs GW: 189lbs💪

[Abs 2025]: 1/23/25 CW: 212.5lbs SW: 223lbs GW: 189lbs💪

[Abs 2025]: 1/22/25 CW: 215.0lbs SW: 223lbs GW: 189lbs💪

[Abs 2025]: 1/21/25 CW: 215.6lbs SW: 223lbs GW: 189lbs💪

[Abs 2025]: 1/20/25 CW: 215.9lbs SW: 223lbs GW: 189lbs💪

[Abs 2025]: 1/19/25 CW: 217.4lbs SW: 223lbs GW: 189lbs💪

Abs 2025]: 1/18/25 CW: 214.7lbs SW: 223lbs GW: 189lbs💪

[Abs 2025]: 1/17/25 CW: 215.5lbs SW: 223lbs GW: 189lbs💪

[Abs 2025]: 1/16/25 CW: 216lbs SW: 223lbs GW: 189lbs💪

[Abs 2025]: 1/15/25 CW: 216lbs SW: 223lbs GW: 189lbs💪

[Abs 2025]: 1/14/25 CW: 216.6lbs SW: 223lbs GW: 189lbs💪

[Abs 2025]: 1/13/25 CW: 216.6lbs SW: 223lbs GW: 189lbs💪

[Abs 2025]: 1/12/25 CW: 216.9lbs SW: 223lbs GW: 189lbs💪

[Abs 2025]: 1/11/25 CW: 218.9lbs SW: 223lbs GW: 189lbs💪

[Abs 2025]: 1/10/25 CW: 218.8lbs SW: 223lbs GW: 189lbs💪

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related posts
31 sats \ 57 replies \ @Undisciplined 14h

You lost slightly less than 69k sats

reply
69 sats \ 55 replies \ @0xbitcoiner 13h

He lost 69k on the Predyx bet? How does the platform even allow a bet that big with such low liquidity? Shouldn’t it cap the bet at the available liquidity?

reply
33 sats \ 54 replies \ @Undisciplined 13h

No, he basically bid the price to 100% and then bought a ton of shares at 100% odds.

@mega_dreamer, setting a cap might be reasonable. I'm thinking about the level at which the possible return becomes negative because of fees.

reply
100 sats \ 51 replies \ @0xbitcoiner 13h

I might be missing something, but who ends up with the extra liquidity he injected into the market that didn’t get used? Does it go to Predyx?

When he placed the bet there was 2,100 sats of liquidity, and he injected 69k. So best case scenario, he could only win those 2,100. Maybe more if someone else bet against him afterward.

Basically, he just added liquidity to the market, right? I didn’t see how the market looked at resolution, but I’m guessing there was still unused liquidity left. Does that excess go straight to Predyx?

reply
100 sats \ 38 replies \ @grayruby 13h

Most of it went to liquidity bot which bought up 65k seagulls shares after RBD made his trade but there were other winners too.

Here is what was left over once the market was settled.

reply
200 sats \ 31 replies \ @0xbitcoiner 13h

Poor @realBitcoinDog, jumping into something he doesn’t fully get, while Predix makes a killing off people’s ignorance. That’s how the game works.

reply
73 sats \ 20 replies \ @Undisciplined 13h

To be fair to Predyx, they're donating the sats he blew to ~Stacker_Sports.

So, RBD will have an opportunity to win them back from all the contests we run.

reply
133 sats \ 18 replies \ @0xbitcoiner 13h

Poor Predix, they felt sorry! Haha, what a contradiction. Shouldn’t they donate it to the ~HealthAndFitness territory insted? Ahahah

view all 18 replies
69 sats \ 0 replies \ @grayruby 13h

They did a 140k sats boost in territory. So they donated much more than RBD's sats.

reply on another page
41 sats \ 3 replies \ @mega_dreamer 4h
while Predix makes a killing off people’s ignorance. That’s how the game works.
Poor Predix, they felt sorry! Haha, what a contradiction. Shouldn’t they donate it to the ~HealthAndFitness territory insted? Ahahah

Negative posts like these is the reason why I've been staying away from StackerNews.

And no - I don't feel guilty or sorry.

This is what you're trying to do - is you try to steer people into guilt trip. A very subtle form of manipulation. Nice try.

reply
112 sats \ 2 replies \ @grayruby 3h

I will vouch for @0xbitcoiner here. I dont think he understood how it works and just lumped it in with traditional sport books that exploit users, bet against them etc.

I know there are probably a few very loud voices on SN that don’t approve Predyx but I think they are a very small group. Overall most stackers like predyx and want to support a bitcoin native prediction market even if it is not something they are interested in using.

view all 2 replies
20 sats \ 5 replies \ @Coinsreporter 12h
Predix makes a killing off people’s ignorance. That’s how the game works.

Are you alleging something here?

reply
40 sats \ 4 replies \ @0xbitcoiner 12h

That’s not specific to Predix, it’s how the whole betting industry works.

view all 4 replies
109 sats \ 5 replies \ @SimpleStacker 3h

Is there documentation as to how it works? I've been hesitant to jump in more because I don't grok how it works, how the odds are set, etc. I can understand buying and selling "yes" vs "no" shares p2p, plus maybe some initial market-making offers, but I don't really understand how things work on Predyx. It seems that buying shares automatically changes the price, so i'm buying from a Predyx pricing algorithm, not from some other user offering shares.

reply
107 sats \ 4 replies \ @Undisciplined 3h

It's explained in this guide for market creators.

Initial liquidity sets the parameters for how responsive the odds are to price.

reply
109 sats \ 3 replies \ @SimpleStacker 3h

You know I'm gonna have to do an analysis on this now.

view all 3 replies
33 sats \ 11 replies \ @Undisciplined 13h

What happened is a Predyx bot saw the insane price and bought up a ton of very cheap shares to get the odds back to a reasonable place. So, a lot of it goes to Predyx that way.

However, had the bot not swooped in, another user would have purchased the very cheap shares and gotten most of RBD's sats.

reply
69 sats \ 10 replies \ @0xbitcoiner 13h

So just to wrap it up: he bet 69k knowing that, at minimum, he’d make those 2,100 sats, with a chance to make more only if someone else bet against him? If that’s the case, the platform should at least warn users, shouldn’t it?

reply
33 sats \ 9 replies \ @Undisciplined 13h
he’d make those 2,100 sats, with a chance to make more only if someone else bet against him?

No, he bought 69k shares in the outcome, which would pay 69k sats if that outcome happened. What other people do makes no difference.

the platform should at least warn users, shouldn’t it?

Probably, hence my suggestion to @mega_dreamer. Most of the users don't just YOLO into a position without looking at the terms, but that is something they should be prepared for and protecting wildly reckless gamblers from themselves would be smart PR.

reply
69 sats \ 8 replies \ @Coinsreporter 13h

I think there's always a warning/transparency on what a user would win on his investment.

It's quite visible on the Prediction slip itself.

view all 8 replies
90 sats \ 1 reply \ @mega_dreamer 4h

Yes - I thought about how to warn new users who don't k now how PM works with regards to probability. We will implement something like this to mitigate it:

reply
0 sats \ 0 replies \ @Undisciplined 3h

I like the slider mechanism. If the highest and lowest points on the slider corresponded to the edges of possibly positive returns, then anyone using the slider would avoid the RBD problem (as it should be known henceforth).

Obviously, it's up to you guys how paternalistic you want to be, but I'd only have these warnings pop up for pretty extreme scenarios.

reply
0 sats \ 0 replies \ @realBitcoinDog OP 10m

i wish I lost more

reply
0 sats \ 0 replies \ @denlillaapan 14h

reply