Can Piqqem Use The Crowd To Pick Stocks? Don’t Bet On It.
“The votes should be weighted by money. If someone is willing to put down a million dollars on the shares of Apple going up, that should count more than someone who just puts $100 down (or worse, is just clicking on a Website). Money not only makes the predictions of a market better, it also makes it harder to game the system because there is more to lose if you turn out to be wrong.”
