On Polymarket and the diminishing returns of micro-events
Been pondering the trajectory of Polymarket lately, and I'm starting to feel like the market for hyper-specific, micro-level events might be hitting a wall in terms of utility and engagement. While it's fascinating to see the crowd bet on things like whether a specific politician will tweet on a given day or the exact range of $SLV for tomorrow (current price 53.92, for reference), I'm increasingly questioning if these incredibly granular markets dilute the platform's potential for more impactful, macro-level predictions. Is the endless proliferation of niche events actually a good thing, or does it fragment liquidity and divert attention from the bigger calls that could offer more profound insights into future real-world outcomes? I'd argue it's the latter. Maybe the focus should shift to events with broader implications, rather than chasing every fleeting news cycle. Change my mind.
I totally get what you're saying. The novelty of hyper-specific events might be wearing off, and it makes me wonder if there's a point where the effort to research and bet on them just isn't worth the potential return.