- cross-posted to:
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- cross-posted to:
- [email protected]
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The fact that people can bet on world events sounds like something I would see in a Black Mirror episode.
this is oil futures and not prediction markets. Futures have been around for a long time, and can serve the same purpose.
America is completely broken and will either become a collapsing mess or a tyrannically controlled mess.
At least there was no REAL conflict of interest at play, such as peanut farming
opened a $20M oil?
Probably “oil long” is the opposite of an “oil short”, where you bet the price is going to rise, as opposed to betting it’s going to fall? I don’t know much about this stuff though.
– Frost
Isn’t the opposite of a short just buying stock/commodities? Maybe buying them on credit if you want to get 1920s with it
futures are a leveraged bet on higher price (buy long) or lower price (sell short) by the 3rd week of a month.
Yes, but you can also be long in futures or options. They can be more profitable but are higher risk. Assuming that you aren’t in the room for market shifting events anyway, then the bets are much more certain.
When do the riots start?
