This market will resolve to "Yes" if President Joe Biden signs any bill into law, issues an executive order, or if any federal agency (including the FDA) announces or publishes a rule requiring a reduction of nicotine levels in cigarettes or other tobacco products by January 19, 2025 11:59 PM ET. Otherwise, this market will resolve to "No". An announcement of a rule by the FDA will qualify, regardless of if/when the the rule goes into effect. The primary resolution source fore this market will be official information rom the Biden administration, however a consensus of credible reporting may also be used.
Is there a way to report this scam. Obviously people got scammed here...
Tell me if you know how
"any federal agency (including the FDA) announces or publishes a rule requiring a reduction of nicotine levels in cigarettes or other tobacco products" --- this did *not* happen - they issued a *proposal* - there is no ban or rule!
How did no one dispute this?!?!
This is an outrageous market. Polymarket should be ashamed of itself.
On so many levels. Scammy title (ruleset clarifies it's not about banning nicotine, but reducing). Scammy ruleset (suggesting an equivalence between signing a bill into law and an agency making like step two in a five step process that would result in any change, with a new administration coming in). Scammy timing (they must've for sure known that this announcement was coming, or had an indication of it). Really bad look.
Can someone share link to Polymarket Discord?
Hands down the gayest one so far
How to dispute?
gg chat this was a pretty gay market
biden protect beavers and all pets from human bad smoke , biden great leader
"announces or publishes a rule" - there is no rule, only a proposal.
dispute it then
Foreseeable is literailly selling no right now LOL
💀💀
huh?
Everyone acknowledges this should be disputed but is anyone actually going to dispute it? Or are you all fine with this going to $0? I’m completely out of money otherwise I’d have disputed this myself. Consider how much you’d make if this gets disputed and goes to $1 in your favour.
How can I dispute it?
It’s too late. You have two hours after a market resolves to dispute it
Should be disputed.
can someone dispute this?
I don’t have the funds
yeah i just dont have the funds otherwise i would have done it myself😭
Doesn't look like a "yes" to me
Who is in charge of resolving the market?
They haven't announced a rule, but proposed one, which we already knew from yesterday's Washington post article was likely to happen. "The Biden White House is expected to formally propose a plan ordering cigarette nicotine levels to be reduced dramatically. But whether the initiative comes to fruition depends on President Joe Biden’s successor." [link removed]
Biden expecting to form a plan is 100% different to the FDA issuing a proposed rule. It’s not like the FDA issued an intent to form a proposed rule (which they did in 2018), they ISSUED THE RULE.
"The FDA first announced its intent to propose such a rule in 2018, and today’s announcement is an important next step in the rulemaking process. The agency intends to seek input on the proposal, including through public comment and the FDA’s Tobacco Products Scientific Advisory Committee." Again, this is still a proposal. Going by your understanding this market should have been resolved already yesterday since we knew a proposal at the very least was coming. It's the whole reason this market was created two days ago.
Issuing an intent for a proposed rule is different to issuing the proposed rule
Who is In charge of resolving the market ? Is it automated?
Strictly speaking a proposed rule shouldnt resolve this market to YES but we will see.
“Or if any federal agency (including the FDA) announces or publishes a rule”. They issued a proposed rule. Strictly speaking this should resolve it to yes. Issuing it is different from intent to issue
I understand your point but proposed rule isnt the same as a rule.
It doesn’t specify final or proposed rule
"Agency Encourages Public Input on Proposal That Aims to Prevent Millions of Premature Deaths" is nowhere the same as "FDA announces or publishes a rule requiring a reduction of nicotine levels" [link removed]
“ Today, the U.S. Food and Drug Administration issued a proposed rule that, if finalized, would make cigarettes and certain other combusted tobacco products minimally or nonaddictive by limiting the level of nicotine in those products”
The FDA Issued a rule. As per the market this is a yes
It is literally free money right now
Next level cope
Market needs to resolve to Yes. FDA issued the proposed rule