You might have done something wrong in setting this up. Xerocs docs say this should work in the gui. If I get a chance I'll try to set up a test prediction market to see. Anything happening within the next week that we want to predict? How about price of bitcoin . Over under of $450 in one weeks time.
I actually haven't tried .. but thought it should work .. what exactly is the issue? won't take the collateral ratio of 1:1?
It throws an error because there are no feeds. I think its just an extra check that the GUI does.
I think we're missing two pieces before this can take off.
First of all we need it to work in the gui. If people can only take one side of the bet without using the cli wallet then adoption won't happen.
Secondly we need a better decentralized system of determining winnerss.
Stealth would also be a good thing.
I think (but haven't tested yet) .. that the final decision can be *delegated* to a SET of feed producers that publish the outcome ..
But I need to test this first ..
I am sure that a multi sig account could publish the outcome. Who should do this though. I don't think it should be the committee. I am willing to play risk a test, but I wouldn't be willing to run prediction markets as a business.
Is there anyone out there that lives in a better jurisdiction to manage prediction markets?
If we can get the GUI solved I think we could start marketing our markets. If we could find a good way of deciding the result we could be unstoppable.