Bitcoin price bet ? | Bitcointalksearch.org

Battareus

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Quote from: jpouza on November 07, 2015, 08:31:43 AM

Quote from: Battareus on November 07, 2015, 05:07:44 AM

Quote from: Oscilson on November 07, 2015, 04:08:10 AM

Quote from: Erkallys on November 07, 2015, 02:45:50 AM

Betcoin.ag's service is exactly what I was looking for. But now, due to this exceptional situation, that's right it's better to buy when it's low in order to sell when it's high.

The problem with bitcoin price betting is that you do not know what the price will be the next day. It is like gambling, quite risky.

In pump and dump times yes, but when the price is stable technical analysis is well applicable to predict the price.

There is no magic formula to discover bitcoin price, I have read that some people founded a formula...but i dont know if it is true...

I can draw the trand and watch for the volume, sometimes I can predict the price changing due to this only and earn 1-5%. Or 80% on binary options, but in half of times I loss =//

StevenLiang

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Quote from: jpouza on November 07, 2015, 08:31:43 AM

Quote from: Battareus on November 07, 2015, 05:07:44 AM

Quote from: Oscilson on November 07, 2015, 04:08:10 AM

Quote from: Erkallys on November 07, 2015, 02:45:50 AM

Betcoin.ag's service is exactly what I was looking for. But now, due to this exceptional situation, that's right it's better to buy when it's low in order to sell when it's high.

The problem with bitcoin price betting is that you do not know what the price will be the next day. It is like gambling, quite risky.

In pump and dump times yes, but when the price is stable technical analysis is well applicable to predict the price.

There is no magic formula to discover bitcoin price, I have read that some people founded a formula...but i dont know if it is true...

Lol, if they found some formula to predict bitcoin price, actually they can be millionaire.

Just playin trading all the time. Buy cheap, and sell in the peak price.

I just thing that as jokes.

StevenLiang

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I have saw only the user taking the personal bets on this type of bets, i have not seen this type of bets which means that you want to trade in future option bets, like in share market they have future bets on shares and etc.,

jpouza

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Quote from: Battareus on November 07, 2015, 05:07:44 AM

Quote from: Oscilson on November 07, 2015, 04:08:10 AM

Quote from: Erkallys on November 07, 2015, 02:45:50 AM

Betcoin.ag's service is exactly what I was looking for. But now, due to this exceptional situation, that's right it's better to buy when it's low in order to sell when it's high.

The problem with bitcoin price betting is that you do not know what the price will be the next day. It is like gambling, quite risky.

In pump and dump times yes, but when the price is stable technical analysis is well applicable to predict the price.

There is no magic formula to discover bitcoin price, I have read that some people founded a formula...but i dont know if it is true...

kotwica666

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Quote from: stingers on November 04, 2015, 11:59:55 PM

Quote from: Battareus on November 04, 2015, 10:52:26 PM

Now I see big pump before auction with silk road bitcoins sale, and I can easy bet what price go up. News can helps to predict the price. After auction price must fall, and I will bet on that.

How does the silk road auction affect the market? The pump ain't related to SR. its because of the halvening thats gonna happen next year.

Silk Road auction pumping Bitcoin price due to the fact that in some way the US government legalizes Bitcoin and many people simply are convinced to invest in BTC.

Battareus

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Quote from: Oscilson on November 07, 2015, 04:08:10 AM

Quote from: Erkallys on November 07, 2015, 02:45:50 AM

Betcoin.ag's service is exactly what I was looking for. But now, due to this exceptional situation, that's right it's better to buy when it's low in order to sell when it's high.

The problem with bitcoin price betting is that you do not know what the price will be the next day. It is like gambling, quite risky.

In pump and dump times yes, but when the price is stable technical analysis is well applicable to predict the price.

Oscilson

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Quote from: Erkallys on November 07, 2015, 02:45:50 AM

Betcoin.ag's service is exactly what I was looking for. But now, due to this exceptional situation, that's right it's better to buy when it's low in order to sell when it's high.

The problem with bitcoin price betting is that you do not know what the price will be the next day. It is like gambling, quite risky.

Erkallys

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Betcoin.ag's service is exactly what I was looking for. But now, due to this exceptional situation, that's right it's better to buy when it's low in order to sell when it's high.

Joel_Jantsen

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Get your game girl

Quote from: Battareus on November 04, 2015, 10:52:26 PM

Now I see big pump before auction with silk road bitcoins sale, and I can easy bet what price go up. News can helps to predict the price. After auction price must fall, and I will bet on that.

Yes but I would like to clarify a few things before we jump to the conclusions.News will just create the unwanted hype about the topic as part of the trending news but just giving false hopes to the gamblers that the price will go up.The real secrets lies with the trading market goons.

maku

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Quote from: TeamSecret on October 22, 2015, 08:48:24 AM

Quote from: Erkallys on October 21, 2015, 02:41:47 AM

Today it's possible to bet on anything, from weather to the next US president. But would it be possible to bet on Bitcoin price or on any other major crypto-currency price, like Dash, Doge, Ethereum or Litecoin ? With big price movements of Bicoin these past days it could be interesting

.

You can try https://preevbtc.club and help our project. It started few days ago and is still in development https://bitcointalksearch.org/topic/m.12748052

What exchange are you using to estimate bitcoin price? In your thread you write it is Yobit. May I ask why them?
It should be the exchange with the highest volume imo.

jpouza

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Betting on a rollercoaster like BTC's price is impossible, the winning factor must be applied to luck 100%, there is no analytical pattern for it.

BitcoinStriker

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I am the one who knocks.

If anyone has experience with the chinese market I think they can earn money with this, but anyway some website already have this and its a wild guess. I never tryed or will try. I prefer the good ol dice.
By the way, you should create a game in the sub topic about this if you really want Tongue

leex1528

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Quote from: fravia on November 05, 2015, 08:26:46 AM

Considering how the price of btc is jumping up and down, the idea of betting on it would be really interesting. Everyone could show their economy knowledge.

I don't think people know what is going to happen, and if they do they aren't saying anything. Most people are just blindly guessing and if they guess right they think they are smart, no different than guessing on dice numbers.

fravia

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Considering how the price of btc is jumping up and down, the idea of betting on it would be really interesting. Everyone could show their economy knowledge.

Eastwind

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Quote from: Battareus on November 04, 2015, 10:52:26 PM

Now I see big pump before auction with silk road bitcoins sale, and I can easy bet what price go up. News can helps to predict the price. After auction price must fall, and I will bet on that.

40k bitcoin is a very small proportion of the total bitcoin supply, which is 14.5 million bitcoins.

The auction by the US Marshall will clear the overhang, it is good for the bitcoin price.

stingers

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Quote from: Battareus on November 04, 2015, 10:52:26 PM

Now I see big pump before auction with silk road bitcoins sale, and I can easy bet what price go up. News can helps to predict the price. After auction price must fall, and I will bet on that.

How does the silk road auction affect the market? The pump ain't related to SR. its because of the halvening thats gonna happen next year.

Battareus

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Now I see big pump before auction with silk road bitcoins sale, and I can easy bet what price go up. News can helps to predict the price. After auction price must fall, and I will bet on that.

knightkon

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I agree with the original post, however the movement can be somewhat tracked. When you are wanting to bet against any cryptocurrency, the best bet is to buy in against it. I seen the price going up and bought in on 4 BTC and when it went up to $400, I sold. I made $160 per BTC. When it goes back down I will buy back in. I understand there are other ways to gamble against this raise and fall, but the question is are you in it for the long term or the short term? I would not try to get into this for the short term unless you are buying and selling every 5 to 10 minutes, which you will not clear verification in that time.

Betcoin.AG

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patt0

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Quote from: Joel_Jantsen on November 04, 2015, 11:09:45 AM

Quote from: schnib on October 27, 2015, 02:37:14 PM

isnt this possible on a lot of sites already?
there are prediction markets like https://www.fairlay.com/

edit :
just saw they don't have any btc price related bets at the moment, but as far as i know you can propose any bet you like.

Yeah but on what conditions ? No websites can hold this kind of bets because the people who are good at Financial Marketing will always win this and its quite predictable what is going to happen next if you study the patterns.

I don't think it's that predictable, specially in BTC that is so volatile. I still think trading is very similar to gambling, what traders do very well, is to minimize their losses. And yes they have some skill predicting, but it's their stop loss that is just amazing, on a good trader.

Topic: Bitcoin price bet ? (Read 3004 times)