Staking Resolution - The Bank Of Timex (w-interview)

[Tal]

Wouldn't really influence the market that way though, which was his (stated) goal.

I bet it would

(Poor choice of phrase but you know what I mean)

If there were a high profile guy making a notional 10% ROI laying stakees throughout the poker world, it would make poker news.

[MANTIS01]

So this guy identifies an opportunity in the staking world which he states is definitely +$EV. But isn't going to pursuit it due to the fact it's not +LifeEV. So in other words he is now looking at the bigger picture and making free decisions on what to do in the staking world based on factors other than +$EV. Kinda like when people freely buy pieces with a high mark for their own reasons. The dude is attacking supply when that only exists due to demand, but in order to attack demand he has to convince people they should only make +$EV decisions in the staking world. And in trying to prove this point he chooses not to make +$EV decisions in the staking world. What a completely fruitless exercise.

[outragous76]

So a determined and aggresive attempt to suppress a market place has failed, and there is still and demand for the product (given that threads rarely fail to sell, you could almost argue an under supply) ............................. I wonder what a potential outcome of this could be in both the short and long term (ceteris paribus)

Still want to listen James, or maybe counter?

[bergeroo]

So this guy identifies an opportunity in the staking world which he states is definitely +$EV. But isn't going to pursuit it due to the fact it's not +LifeEV. So in other words he is now looking at the bigger picture and making free decisions on what to do in the staking world based on factors other than +$EV. Kinda like when people freely buy pieces with a high mark for their own reasons. The dude is attacking supply when that only exists due to demand, but in order to attack demand he has to convince people they should only make +$EV decisions in the staking world. And in trying to prove this point he chooses not to make +$EV decisions in the staking world. What a completely fruitless exercise.

Pretty sure the reason why he chose not to go ahead publicly is that he is risking arrest in the US for acting as a bookmaker. I'd imagine he might carry on doing this privately on a small scale.

[skolsuper]

So a determined and aggresive attempt to suppress a market place has failed, and there is still and demand for the product (given that threads rarely fail to sell, you could almost argue an under supply) ............................. I wonder what a potential outcome of this could be in both the short and long term (ceteris paribus)

Still want to listen James, or maybe counter?

I wait with baited breath...

[outragous76]

So a determined and aggresive attempt to suppress a market place has failed, and there is still and demand for the product (given that threads rarely fail to sell, you could almost argue an under supply) ............................. I wonder what a potential outcome of this could be in both the short and long term (ceteris paribus)

Still want to listen James, or maybe counter?

I wait with baited breath...

wont be wasting my breath on a troll like you james

[titaniumbean]

So a determined and aggresive attempt to suppress a market place has failed, and there is still and demand for the product (given that threads rarely fail to sell, you could almost argue an under supply) ............................. I wonder what a potential outcome of this could be in both the short and long term (ceteris paribus)

Still want to listen James, or maybe counter?

I wait with baited breath...

wont be wasting my breath on a troll like you james

waste it on this troll then?

just wrote a long post, but deleted

in short, this doesn't work in the long term due to market forces / manipulation and affecting ability of players to sell/play

the market will not adjust by players lowering mark-ups, I cant be bothered to point out why (id even go as far, in the long term to say the  exact opposite will happen)

Go on, give it a try, for the fans

we're all still waiting, you're clearly the only one in the know. enlighten us.

[outragous76]

So a determined and aggresive attempt to suppress a market place has failed, and there is still and demand for the product (given that threads rarely fail to sell, you could almost argue an under supply) ............................. I wonder what a potential outcome of this could be in both the short and long term (ceteris paribus)

Still want to listen James, or maybe counter?

I wait with baited breath...

wont be wasting my breath on a troll like you james

waste it on this troll then?

just wrote a long post, but deleted

in short, this doesn't work in the long term due to market forces / manipulation and affecting ability of players to sell/play

the market will not adjust by players lowering mark-ups, I cant be bothered to point out why (id even go as far, in the long term to say the  exact opposite will happen)

Go on, give it a try, for the fans

we're all still waiting, you're clearly the only one in the know. enlighten us.

Well James inferred that Timex's intervention would only lead to falling mark ups (lets call them prices)

Its fair to say Timex has failed (other than possibly in the very immediate short term when his scheme existed, although not much evidence to suggest this is the case).

So the market has been trending upwards as there is a demand for a market, and given that most threads sell out you could argue an under supply.

So sellers were recently faced with what was an attempt to undercut the market place (very aggressively). Not only has this failed (spectacularly), but there is nothing to suggest it will affect either supply or demand in the market place.

Ergo, supply is short (they sell out), demand is there , so the prices will at the minimum remain constant, but should continue to rise and possibly (as a reaction to Timex) rise faster, as people will now wish to maximise profits (if this was a true market place)

I believe my original comment was

the market will not adjust by players lowering mark-ups, I cant be bothered to point out why (id even go as far, in the long term to say the  exact opposite will happen)

Pretty sure im not wrong

[TightEnd]

So a determined and aggresive attempt to suppress a market place has failed, and there is still and demand for the product (given that threads rarely fail to sell, you could almost argue an under supply) ............................. I wonder what a potential outcome of this could be in both the short and long term (ceteris paribus)

Still want to listen James, or maybe counter?

I wait with baited breath...

wont be wasting my breath on a troll like you james

waste it on this troll then?

just wrote a long post, but deleted

in short, this doesn't work in the long term due to market forces / manipulation and affecting ability of players to sell/play

the market will not adjust by players lowering mark-ups, I cant be bothered to point out why (id even go as far, in the long term to say the  exact opposite will happen)

Go on, give it a try, for the fans

we're all still waiting, you're clearly the only one in the know. enlighten us.

can we (those in this post) keep it civil please?

interesting debate without having to resort to calling each other out

I din't think skolsuper is trolling at all, fwiw, so no idea where that one came from

[outragous76]

Of course not tighty, it was a perfectly normal response on page 5 of this thread! Uh-hu

[TightEnd]

Of course not tighty, it was a perfectly normal response on page 5 of this thread! Uh-hu

i've read every post on the thread, nothing wrong with any of them

no need to call someone a troll, really, just antagonistic.

[outragous76]

Of course not tighty, it was a perfectly normal response on page 5 of this thread! Uh-hu

i've read every post on the thread, nothing wrong with any of them

no need to call someone a troll, really, just antagonistic.

And James' post wasn't! Ok wp

[TightEnd]

Of course not tighty, it was a perfectly normal response on page 5 of this thread! Uh-hu

i've read every post on the thread, nothing wrong with any of them

no need to call someone a troll, really, just antagonistic.

And James' post wasn't! Ok wp

no I didn't think so. think you are being too sensitive. thanks for the wp, i try my best ;-)

[MANTIS01]

Can we have a definition of trolling as still don't know what the term means. In fact I don't think anybody really knows what it means, it's like a phantom term. What I do know is a mod branded me a troll on the Thatcher thread and nobody chastised him for being antagonistic.

[TightEnd]

Can we have a definition of trolling as still don't know what the term means. In fact I don't think anybody really knows what it means, it's like a phantom term. What I do know is a mod branded me a troll on the Thatcher thread and nobody chastised him for being antagonistic.

From the forum guidelines

Trolling
There are many definitions of what constitutes a 'troll' post but as a general rule we consider it to be a post which is inflammatory, rude, offensive and intended to annoy and antagonize or disrupt the general flow of discussion.  Troll posts do not necessarily come from 'troll members'.  In fact, we have seen many examples of posts which we consider to be trolling from otherwise well-respected members.

Trolling is considered by the Moderators to be a serious issue on the forums, and one which has increased in frequency as the forum has grown and developed.  Consequently, we have recently taken a more pro-active stance against this and will continue to do so, including a more liberal use of temporary suspensions as a method to deal with this.


I don't think there has been any trolling in this thread.