Gambling + Science = What Could Go Wrong?
Perhaps some of you are familiar with the wisdom of crowds or whatever the technical term is. It's what's behind the stock market and stuff like that (and for some reason it's different than whatever makes people idiots when they're in big groups). What it boils down to is that large groups of people are better at making predictions than one person, even if that one person has a PHD or is really smart
or, as is rather unlikely, both.
Enter The PPX
. That stands for "The PopSci Prediction Exchange" and "PopSci" stands for "Popular Science" which stands for about 5 bucks in newstands across the United States.
The PPX is like a giant stock market, but instead of betting on companies you bet on ideas, and instead of spending money you use magic money, which the science-men tell us still gives accurate predictions. Say, for example, that you think George Bush is a Grade A idiot and has tasked NASA to spend billions of dollars on something that won't work (going to Mars or whatever). Well, what you do is, you buy a lot of shares of "NASA is not going to make it to Mars by 20XX." That example's a little bad because most of them are affirmatives (in this case you short* the share "Nasa Totally Makes it There") but you get the idea.
My account's "TychoCelchuuu" but I haven't started any trading yet. I'm still scoping the place out. I'm ranked 5090th which isn't too bad considering I haven't spent a cent.
So in a nutshell it's fun if you like science. Haven't you always wanted to get more involved in whether or not robots will control the future than the occasional "I bet robots will control the future?" Now you can finally bet play money online about it! Go to it.
*Short's a stock thing. The tutorial at the website once you sign up explains it.
QUOTE (MOOtant @ Sep 21 2012, 11:06 AM) »
What is wrong with being a racist?