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#预测市场 Prediction markets are really amazing! 🤯 Recently, the probability of Wosh becoming the Federal Reserve Chair skyrocketed from 7% directly to 48%, surpassing Hasset to take the top spot. I didn't initially react to this sudden reversal at all.
Just starting to get into the crypto world, I found prediction platforms like Polymarket and Kalshi so interesting — it feels like betting on future events with crypto assets, with real-time data reflecting market consensus. Watching these probabilities fluctuate daily, especially when Trump said "Yes, I think he is," which directly triggered a surge in data, it’s really immersive!
Here's the question: how accurate is the data from these prediction markets? Can they be referenced like stock K-line charts? Or is there a significant bias due to limitations in participant numbers and funds? I want to hear experienced folks’ opinions on the credibility of these platforms😅. I feel like this could help in understanding market sentiment, but as a newbie, I’m still a bit confused.