Intrade, the new way to Invest.
Intrade, is a great company. And when I say great, I mean GREAT company! I just saw their website on the news and I am completely amazed.
Intrade allows you to invest on People’s opinions! According to how well an opinion stands (person winning presidency, boycotts in china, etc) Currently, they allow you to invest on the people that are running to be president for the United States of America, and previously they allowed you to vote for the runners of American Idol.
The Current Markets that you can buy from Intrade are, “2008 US Election – 2008 Presidential Election Winner (Individual), Olympic Games – Boycott of 2008 Beijing Olympic Games, 2008 US Election – 2008 Democratic Presidential Nominee, Eliot Spitzer – Eliot Spitzer to be Indicted on Felony Charges, Economic Numbers – US Economy in Recession“.
The website is like investing on the wall street shares. If a certain candidate or a certain opinion wins popularity, then their stock price will go up and when the price goes up you can sell your stocks and make a lot of profit.
When candidate McCain was running up for President, and he lost votes, people thought he was gonna give up and quit, and then all of a sudden he started getting votes and now his stock is way up. Hillary Clinton’s stock is currently going down, and Obama’s stock is staying steady.
Apparently the website is managed from Ireland, because in The US this type of gambling is not allowed, if the owner of the website were to go to the United States, he could face serious charges and end up going to prison.
Intrade is a great way to earn money online. I would start investing there but since the US does not permit it, then I guess there is no chance of me participating in this, but if you live outside of the US then I really suggest you try this.
Here is a video where the Intrade CEO talks to NBC.
May 10, 2008 at 4:00 am
Nice writing. You are on my RSS reader now so I can read more from you down the road.
Allen Taylor
May 10, 2008 at 10:50 am
wow, this is something new for me, heck of an original idea though, but I just quittted my invest adventure in these kind of things, hehe
October 2, 2008 at 8:55 pm
households now owe as much as the entire economy can produce in a year per head
October 21, 2009 at 1:54 pm
Nice one.I love your blog.If you want we can make link exchange.Just let me know.
Cheers!
March 23, 2011 at 8:26 am
I checked the website and I really like the concept. It seems more fun even than sports betting as you can bet on everything (and especially things more interesting than sports!). Will join soon, thank you for presenting the opportunity!
September 12, 2011 at 3:38 pm
Who knows are there as effective professional fame service than ReputationUP.com? KBR? They only cost fortynine dollars which is not much, but my neighbour Hector told me there is, unfortunately he couldn’t recall its name. I definitely start to get suspicion that he remembered wrongly. Pls reply #:-)