How many active Hubdub markets will there be when this market is settled on June 1, 2008?
1485 - no signs of gaming
Background:>
Settlement details:
As determined by Hubdub administrators. I request that the administrator settle this market on June 1 when he/she normally would.
Settled
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less than 1350 |
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1350 to 1399 |
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1400 to 1449 |
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1450 to 1499 |
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1500 to 1599 |
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1600 to 1699 |
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1700 or more |
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Suspend date: Sun 1st Jun 2008 9am PDT Settlement date: Sun 1st Jun 2008 12:09pm PDTPrediction cut-off: Predictions on this question after Sun 1st Jun 2008 9am PDT have been voided because they were made after the question could be settled
Initial likelihoods: less than 1350: 4%, 1350 to 1399: 15%, 1400 to 1449: 25%, 1450 to 1499: 25%, 1500 to 1599: 15%, 1600 to 1699: 10%, 1700 or more: 6%
Action history:
Suspend date: Sun 1st Jun 2008 9am PDT Settlement date: Sun 1st Jun 2008 12:09pm PDTPrediction cut-off: Predictions on this question after Sun 1st Jun 2008 9am PDT have been voided because they were made after the question could be settled
more info...
Predictions (137)
137 predictions
Comments (13)
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I might be throwing away my H$, but at these GREAT prices I purchased one of each =)
Since questions created outpace the settled questions, I can't imagine any 'normal' scenario for the number of questions dropping below 1350... so I thought the HUGE jump on less than 1350 was odd... someone staked a lot of H$ on it... so I wondered if they knew something I didn't... For Ex: the only way I see the # of questions going down is if something happens that prevents/restricts the creation of new questions.
So, when the price of "less than 1350" jumped so high, I immediately checked the Notice Board to see if Hubdub had announced any temporary site closures or new restrictions/limits on questions. I found nothing of the sort and immediately purchased all options that fell to cheap prices because of the rise of "less than 1350".
I believe that long-term markets are going to decide this market. A good example of a long-term market is "Who will become the next president?" Many of these long-term markets are very similar. When a major news event occurs that allows the settlement of a long-term market, several markets will be settled.
The user(s) who predicted "less than 1350" may be banking on a major news event occurring. However, I think that this logic is incorrect. If you do a search on cyclone or earthquake, you will probably notice that there are a number of markets created after the recent disasters.
My feeling is that the open market total will inch up as more user accounts are created. The new users will have different ideas and will create new markets. When I created this market, my thought was "How fast will the total inch up?"
Of course, summer vacation is coming up in the Northern Hemisphere, where most Hubdubbers live. Another factor that goes into this market is how many of the top market creators will go on hiatus during the next two weeks and will anyone pick up their slack.
Just my H$0.02.
I know that there are quite a few questions that will settle midnight, May 31st, but is it really enough to drop the number below 1350?
So my only guess as to why 1350 or less remains so high is that perhaps other people have been tricked by the ephemeral low market number and didn't notice when it returned to normal. Or maybe they expect Hillary to drop out and McCain to select his VP in the next 24 hours? That might do it.
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