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A comment on Ask HN: Would you use a prediction market mobile app. Parent comment

Re:Ask HN: Would you use a prediction market mobile app by vskr on Tuesday December 18, 2012 @05:17AM (#4936873)
There will be virtual currency involved. So, when users participate and if they predict correctly they will earn virtual currency.

Most of the events in prediction markets involve something that user already knows what is going to happen.

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Re:Ask HN: Would you use a prediction market mobile app by dear on Tuesday December 18, 2012 @07:42AM (#4937196)
Virtual currency isn't real money and I doubt it would create enough incentive for people to take their participation seriously enough to give you accurate predictions. The only way is to use real money.
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