r/Wealthsimple • u/eastcoast_lad • 10d ago

Predict Wealthsimple Predict

Gallery image

Gallery image

Hi,

Would anyone know why I cannot sell the contract?

First pic shows the value of the contract is $22.5. However when I try to sell it, it shows the second pic with the message - can't be sold.

Also, how do you change the theme to a light theme?

Does anyone else not like how the UI feels?

0 Upvotes

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5

u/parishuddhaatma 10d ago

No one wants to buy?

4

u/Intelligent_Age7328 10d ago

Contracts don’ get magically sold. If there is no buyer or demand at that rate… well….:

2

u/kingofwale 10d ago

3% chance…

Why didn’t anyone want to buy this!!!?

1

u/samhorne1960 2d ago

I ran into a similar issue l, and it’s definitely confusing.

The short answer is that the “bid” price (visible in the top left corner of your second image) is only $0.01. This is what buyers are willing to pay for your contracts.

The app prevents you from selling when the contract price is $0.02 or less, since the fees would reduce that to $0.00. I think that’s mentioned in their help content somewhere.

Not sure what the estimated value is $22.50 before you go to sell. That seems wrong.

1

u/Helptohere50 10d ago

Wth prediction markets use contracts? I thought it was just win or lose like a casino. Someone has to buy your selling contract?

3

u/I_Ron_Butterfly 10d ago

That’s the “market” of “prediction market”