First off you need to read the article in The Atlantic https://www.theatlantic.com/politics/ar ... it/617396/
A short summery. this is a story about a man who bets against Q Anon predictions in the online market Predict It. In effect he will place bets that a Q Anon prediction will not happen, such as Hillary Clinton being arrested by a particular date. Of course he wins the bet and pockets a tidy sum in the process.
This got me thinking about the source of Q Anon and the predictions it generates. Could it be that Q Anon is a case of market manipulation? Here is how such a thing would work in practice. The Q Anon drops are designed so as to convince some people so much that they are willing to go onto sites like Predict It and wager real money on them. Once that is done the people running Q Anon and who know that they just made it all up go in and bet against their own predictions. They then cash out when the fake prediction does not come to pass and create another prediction which they then bet against.
This is a form of insider trading because the people who are short selling, or betting agaist the Q Anon prediction have inside information the others in the market lack, notably they know the prediction they are betting agist is not going to happen because they created it themselves.
Q anon - Are people being taken for a ride financially?
- gkearney
- Level 34 Illuminated
- Posts: 5395
- Sarah
- Level 34 Illuminated
- Posts: 6761
Re: Q anon - Are people being taken for a ride financially?
Wouldn't be surprised if the creators of Q found a way to make money off the scheme.gkearney wrote: ↑January 4th, 2021, 8:31 am First off you need to read the article in The Atlantic https://www.theatlantic.com/politics/ar ... it/617396/
A short summery. this is a story about a man who bets against Q Anon predictions in the online market Predict It. In effect he will place bets that a Q Anon prediction will not happen, such as Hillary Clinton being arrested by a particular date. Of course he wins the bet and pockets a tidy sum in the process.
This got me thinking about the source of Q Anon and the predictions it generates. Could it be that Q Anon is a case of market manipulation? Here is how such a thing would work in practice. The Q Anon drops are designed so as to convince some people so much that they are willing to go onto sites like Predict It and wager real money on them. Once that is done the people running Q Anon and who know that they just made it all up go in and bet against their own predictions. They then cash out when the fake prediction does not come to pass and create another prediction which they then bet against.
This is a form of insider trading because the people who are short selling, or betting agaist the Q Anon prediction have inside information the others in the market lack, notably they know the prediction they are betting agist is not going to happen because they created it themselves.
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[email protected]
- captain of 100
- Posts: 675
Re: Q anon - Are people being taken for a ride financially?
Qanon was b.s. I mean it sounded cool, and many things in 2016 that were thought to ve conspiracies were proved to be true. But it became obvious Qanon was b.s. after the 2018 mid-terms when none of it's predictions panned out.
- Lexew1899
- captain of 1,000
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- Location: USA
Re: Q anon - Are people being taken for a ride financially?
A lot of people made big money from Q. Some people quit their jobs and made videos/content full time.
