January 7, 2008

Fake Money: Here's what I know

Posted by seed @ 6:28 AM

Alright folks, there has been some back and forth with the Inkling Markets site. To recap, Savage had set-up a marketplace here. Some of the riders have participated in the Obama Nominee market. We ran into an issue with the way this was set-up when we realized that this Obama marketwas not public outside of the obama1or2 marketplace. So, it was not going to get participation outside of whatever traffic we could push towards from here, which is at most eight people, not including my mother. As Savage points out that is a rather thin sampling, with the benefit of the market being large participation.

We had a few emails back-and-forth with Inklings, to which they were most helpful. Honestly, there were a few things that were not blatantly obvious when I went under the hood. They didn't become apparent to me until I created a few accounts and started to play with them. Youknow, I'm the kinda guy that needs to play with Princess Leia and Choobacka to see that the geometry just isn't going to work. That being said, everybody was as attentive as can be in answering our questions.

Long-story-short: I backed my markets out of the obama1or2 marketplace and resubmitted them under the main marketplace: home.inklingmarkets.com. Once submitted from the main marketplace, they will have to go through an approval process. This eliminates duplicate markets. The Rex Grossman market has been approved and is ready for trading.

Will Rex Grossman be the starting Chicago Bears' QB in 2008?

As the creator of the market, I cannot trade in it (insider trading). I encourage the other riders to do so. Savage, we can keep the Obama1or2 marketplace if you like. It could be use for more mintlike markets. Since we set it up with a general admin credential, we could open it up to the other riders to post markets to. Of course, they will be the thin variety, as I do not think that there is any way to get sub maketplaces completely public. Your call on that.

The Inklings.Mint400 page will still stand as a landing page for the markets that the riders are focused on. I forwarded instructions to Savage that described how to update this page with the widgets provided by Inkling Markets. It's wicked simple, and only requires the addition of a line or two of code to an .inc file. If other riders are interested I can forward instructions on.

 

As for logins to the Inkling Market site, if you are using OpendID you are probably alright. I finally got that to work with some help from above at Inklings. But, I'm kinda thick with certain things. If you logged in with the standard-flavor login, you might need to sign-up for another account, or use the same account to get into the main marketplace here. If riders have tried to login and used their Mint (Dotster) email account, they will most likely find that the confirmation e-mail never arrived. This was a huge pain in the ass for me.And, has now been rectified on Inkling's end. I just received my confirmation emails from last week, Thanks. I checked with our host and they are not blocking the e-mail. I will follow-up with Inklings today to see if they can fix this.

I think that covers things. Honestly, I really enjoyed the mention of this by Savage and plan on wasting countless hours in front of my computer. My wife is thrilled to hear this.

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