When a new binary market (Yes/No) is started, where is the original supply of shares coming from to fulfill first BUY orders? What defines a total market supply of Yes and No shares on a market? The FAQ does not address that.
Is it correct that PredictIt just matches outstanding buy orders for Yes and No shares as soon as bid prices add up to $1.00? So basically a person A was bidding for 10 "Yes" shares at $0.7, and a person B was bidding for 10 "No" shares at $0.3 => orders are fulfilled and 10 matching Yes and No shares are generated out of thin air (as there was no one to sell them), is that correct?
I'm not sure, but I think that this is a very interesting question.