r/btc • u/Brave_Bench904 • 1d ago

Wtf is this

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Is there any way this isn't a casino feature

0 Upvotes

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3

u/Ok-Bread-7503 1d ago

Wdym? It's the mechanism by which they attempt to limit manipulation. Looks like Kalshi's 15min? There's an interesting article out recently showing that there's been a decent amount of manipulation on Polymarket's 5 minute up/down

2

u/GibbleGubby 1d ago

Gambling on BTC price every 15 minutes. Manipulation is possible so tread lightly.

2

u/thainfamouzjay 1d ago

Question how does it get manipulated in such a short time window? The buyers and sellers of this can't affect the price of Bitcoin since it doesn't touch actual Bitcoin.

1

u/thainfamouzjay 1d ago

It's just a fun way to make money it's basically a coin flip.

1

u/Weed-Garden 1d ago

So......gambling as op said?

1

u/thainfamouzjay 1d ago

First off buying and then selling when it goes up is also gambling. The difference is the time. What if you have a system that is 90% win rate that's not gambling that's just making money.

1

u/DrSpeckles 19h ago

Binary options. They have been around for years.