On: Introduction to Augur, an open-source, decentraliz...

[ramblerman]

> But averaged over the long term they are very accurate.

That doesn't make sense. Sure investors can be accurate in the long run, but the market itself just reflects the price today.

[packet_nerd → ramblerman]

It doesn't though, because people are often short term emotional thinkers. Hype/FUD driven decisions cause short term volatility.