Polymarket user wins nearly $1m on Trump’s X Space with Musk

As a seasoned researcher with a keen eye for trends and patterns, I find myself both captivated and impressed by the story of “bama124” on Polymarket. This user has demonstrated an uncanny ability to predict the future, or at least the words of former President Donald Trump during high-profile events like his conversation with Elon Musk.


An astute individual who utilized Polymarket successfully netted nearly a million dollars by correctly forecasting the specific phrases that ex-President Donald Trump would, as well as wouldn’t, use during his discussion with Elon Musk at a prominent event hosted by X Spaces.

As a researcher studying the dynamics of decentralized betting platforms, I’ve come across a noteworthy user who goes by the handle “bama124.” Since joining Polymarket in July, this individual has amassed an impressive portfolio with a total position value exceeding $2.25 million.

The Polymarket user accurately predicted nearly a million dollars’ worth of bets on the specific phrases that President Trump might or might not use in his conversation with Elon Musk on XSpaces.

— Sam Reynolds (@thesamreynolds) August 13, 2024

As an analyst, I observed that certain markets I followed during the high-profile Trump-Musk conversation centered around key phrases that the Republican presidential candidate might potentially use, such as “crypto,” “Bitcoin (BTC),” “Tesla,” and “censorship.” Interestingly, my bet was on the former president not using any of these terms in the conversation, which turned out to be accurate.

As someone who has been closely following the cryptocurrency market and its volatile fluctuations for several years now, I can confidently say that the recent events surrounding Elon Musk’s interview have been nothing short of thrilling. My own investments in the “Will Trump say ‘crypto’ during the Elon interview?” market skyrocketed by an impressive 57.15%, earning me a substantial $122,645. It was a risky move, but one that paid off handsomely.

1. In all, the gambler engaged in transactions across 77 distinct markets, with a total trading volume surpassing 11.6 million dollars. Despite facing some setbacks, such as losing 67,000 dollars on a bet about Trump not using the term “tampon,” bama124’s keen intuition and tactical moves led to an impressive earnings of $964,402.

Over a million people tuned in to hear the conversation between X users and both Trump and Musk, during which topics like securing the U.S.-Mexico border, the ongoing conflict in Ukraine due to Russia’s invasion, and other matters were brought up for discussion.

The discussion got postponed by over 45 minutes, as per Elon Musk, the proprietor of X, who attributed the delay to an enormous DDoS attack targeting the social media platform.

Initially, there was an expectation within the crypto community that a statement would be made about cryptocurrency upon resumption. Surprisingly, however, no mention was made of it, despite its growing importance in both President Trump’s and Vice Presidential Candidate Kamala Harris’ election campaigns.

Previously, the former head of state proposed utilizing Bitcoin as a means to lessen the nation’s massive $35 trillion debt burden, and interestingly, this individual also accepts cryptocurrency donations for their election campaigns.

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2024-08-13 09:32