This could also get really old really quick. I'm not bashing the idea outright by any means, it's definitely interesting. However without any tangible benefit from using this service I can't see it being anything more then a fad.
brian fanslau
· 3 months ago
I completely agree. Many interesting mirrored stock market applications have been launched and are no doubt fantastic tools for learning but they rarely last.
Name
· 3 months ago
If twitter doesn't stop suspending accounts and allow itself to grow people are going to tire of it! Twitter, would be so great if it was just an open micro blog. If you don't like what someone else is using their micro blog on twitter for. Then, you can BLOCK them, but if Twitter keeps up this KICK it's on of late suspending accounts for advertising or what have you. Then, Twitter will soon die! PERIOD!
Brad
· 3 months ago
Sorry but I completely disagree, I think Twitter's decision to block advertising or just maintain order on the site is an important part in helping Twitter maintain a respectable reputation as a social news outlet. If you start crowding it with advertising, the trending topics become skewed and therefore not nearly as legitimate or useful. Given enough advertising accounts all teaming up on the same topic it would destroy the integrity of the site. Not to mention the fact it's hard enough keeping out the clutter as it is. What your suggestion would do to Twitter is what Spam did to email; make it one more piece of technology that you need to sort threw the garbage to get to anything good. Don't forget Twitter doesn't make any add revenue themselves why should someone else get a piece of the action first.
Finn Jack
· 3 months ago
PreTweeting?! In my opinion, the craze for Twitter is going to die soon. Tweet, then ReTweet, and now PreTweet, it is just increasing the traffic, and many new businesses are done with Twitter. Twitter by itself contains the hot tends and technologies, is Prediction Market a necessity?
Name
· 3 months ago
More time suck status for Twitter. Let's see a company who makes money selling that data, that's the interesting story
jacquelinedomanus
· 3 months ago
This would be MUCH cooler if you could make real money like the stock market and NOT "Virtual" Money.
augusto
· 3 months ago
yeh I agree to your opinion that it should be real money to all who prospect on online marketing business Im just a newbie here and trying to make things in focus.
I think we need a Twitter version of Andy Warhol's 15 minutes of fame... and then apply it to yet-another-Twitter micro-business. Perhaps a 140 characters of fame - enough for a Twitter-based business name, and some trendy topic to attach it to.
Prediction Markets have a rich tradition - with a decent amount of success in the consumer / public domain space (e.g. Iowa election market, Hollywood Exchange), and an emerging body of work around the enterprise space (e.g. case studies from Consensus Point on their work at GE Research and Best Buy - www.consensuspoint.com).
One of the challenges (of the many that exist) around prediction markets is gaining some form of credibility with real, meaningful, actionable results. That is to say something that is more than just an interesting aside piece in a newspaper story. PMs have a hard enough time in the real world - and Pretweeting just pushes the tool in the direction of triviality once more.
I really do hope that Prediction Markets find their niche within the corporate space. The power of the crowd is extremely useful when applied in the right way - using a 'human laser beam' to address business problems. This is more akin to Enterprise Crowdsourcing than the often seen Mobsourcing approach. Hopefully this site will tempt people into learning more about an emergent area... and not discourage them from finding out about how to make prediction markets and enterprise crowdsourcing actually useful.
All Comments
Twitter by itself contains the hot tends and technologies, is Prediction Market a necessity?
;)
Prediction Markets have a rich tradition - with a decent amount of success in the consumer / public domain space (e.g. Iowa election market, Hollywood Exchange), and an emerging body of work around the enterprise space (e.g. case studies from Consensus Point on their work at GE Research and Best Buy - www.consensuspoint.com).
One of the challenges (of the many that exist) around prediction markets is gaining some form of credibility with real, meaningful, actionable results. That is to say something that is more than just an interesting aside piece in a newspaper story. PMs have a hard enough time in the real world - and Pretweeting just pushes the tool in the direction of triviality once more.
I really do hope that Prediction Markets find their niche within the corporate space. The power of the crowd is extremely useful when applied in the right way - using a 'human laser beam' to address business problems. This is more akin to Enterprise Crowdsourcing than the often seen Mobsourcing approach. Hopefully this site will tempt people into learning more about an emergent area... and not discourage them from finding out about how to make prediction markets and enterprise crowdsourcing actually useful.
Mark Turrell
CEO, Imaginatik plc
www.imaginatik.com
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