2026-01-21 05:22:43

Prediction markets have indeed become popular recently, but many people are still debating whether it is just another form of gambling.

From the overall ecosystem perspective, Polymarket's position in the prediction market field is somewhat like the role of a leading exchange in the digital currency market—everyone is paying attention to its movements.

Interestingly, the current hotness of prediction markets reminds many of the wave of DeFi breaking out in early 2019. It is also a new narrative and a new entry point that attracts a large number of Web2 users to enter. The prediction market track might be a gateway for Web2 users to quickly enter the Web3 world.

Who can get an early layout at this opportunity will have the chance to seize this wave. This is also what many early participants are optimistic about—the opportunity is fleeting, but the rewards for early movers are often the most substantial.

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GateUser-44a00d6c

· 6h ago

Gambling? Basically, it's all about betting. As long as you can make money, who cares haha. Polymarket is indeed the leader in this wave, but the ones who really profit are always those who were the earliest to take the plunge. I missed out on the DeFi wave in 2019, and whether I can catch the prediction market this time depends on luck. The early entrants are all laughing now; I was just one step behind, feeling exhausted. Prediction markets are the gateway from Web2 to Web3, and there's nothing wrong with that logic. The trend is here but hard to grasp; missing out is just missing out, anyway there's always a next one. How are the user data on Polymarket? Has anyone done an in-depth analysis? Feels like another round of cutting leeks, but who doesn't want to be cut more comfortably? I don't understand the difference between prediction markets and gambling; it seems there's no fundamental difference. Opportunities come and go in the blink of an eye; look how many people regret not jumping on early. How long can this wave of popularity last? I'm a bit skeptical.

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VitaliksTwin

· 6h ago

Gambling is also a form of prediction, the question is whether you predicted correctly or not. The folks at Polymarket have already made a fortune long ago; now those entering are just bagholders. Another DeFi narrative—when the old one can't be cut, they switch to a new concept, right? The trend? I see it as risk; don't be swayed. Opportunities only favor those with significant information asymmetry. If everyone can see it, is it still an opportunity? Early participants make easy profits; later entrants pay the price. This pattern has never changed. It's called a prediction market in a nice way, but frankly, it's just about who has faster information. I only realized Polymarket was hot when it blew up; this is actually the worst time to enter. The trend everyone is discussing is often already on the verge of collapsing. It's entertaining to watch, but I need to keep my wallet safe.

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ApeWithAPlan

· 7h ago

Gambling? Wake up, this is the game of discovering Alpha. Polymarket now has some momentum, but it still depends on how things develop later. I witnessed the DeFi wave in 2019, and now it feels a bit similar but not exactly the same. Early bird gains are indeed tempting, just worried about coming too late and getting cut.

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