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Topic: FAIRLAY - The Bitcoin prediction market (Read 3676 times)

sr. member
Activity: 443
Merit: 250
September 06, 2014, 03:29:04 PM
#63
We recently have a lot of activity on our regular "next difficulty prediction"

https://www.fairlay.com/predict/registered/new/next-difficulty-31b/

bet against difficulty >31B at odds of 3.5. Note that from the current difficulty data odds should be more like 2. (50%/50%).

Some sources that predict the difficulty and their current prediction:

https://bitcoinwisdom.com/bitcoin/difficulty: 31,109,256,240
https://cryptanalys.is/difficulty/bitcoin_btc.php: 29,611,949,922
http://www.vnbitcoin.org/bitcoincalculator.php: 29,804,000,000
http://mining-profit.com/bitcoin-difficulty-history: 30171493992

Thus all sites (in exception of bitcoinwisdom) predict a difficulty of <31B that would bring you 3.5 times your money back.
sr. member
Activity: 443
Merit: 250
We have a couple of predictions on the auction of the silk road sized coins:
For example will the lowest price of a Block be < $450?

https://www.fairlay.com/event/category/bitcoin/price/
sr. member
Activity: 443
Merit: 250
We have a lot of new events and some predictions are waiting to get matched.

For example more than 100mBTC are predicted on next difficulty < 10B. To me that looks like a good chance to grab some coins...
If you look at bitcoinwisdom.com/bitcoin/difficulty
https://www.fairlay.com/predict/registered/new/next-difficulty-10b/

Find more of the latest bets:
https://www.fairlay.com/predict/latest

Posted from Bitcointa.lk - #XV3BbGFYKtJ8XXzZ
sr. member
Activity: 443
Merit: 250
Yap - very good suggestion - we really need more liquidity - only then the hole project makes sense and is a useful and fun tool for everyone.

We will work on that.
legendary
Activity: 1232
Merit: 1002
thank you for the kind words!

However after the beta with about 1000 user we felt confident to start some weeks ago on: fairlay.com - you can predict no with Bitcoin.

On 188.165.246.217 you can try out everthing with test-net-coins - read more and how here: http://blog.fairlay.com/2014/04/test-fairlay-with-free-testnet-coins/
However - it is really just for testing - it is not really fun because the we maintain the prediction poorly here.

Maybe we will reactivate the credit version again where user can predict every month in a small competition and the winners get some real BTC for fairlay. Could be fun and maybe a good promotion for us. 

Yes! And also put a wagering condition on the prize, but not something like 30 times ... something like 0.5 of the prize has to be placed in bets before withdrawal .... this way you make sure you will have money in bets and that will attract more people Smiley

my humble opinion!
sr. member
Activity: 443
Merit: 250
thank you for the kind words!

However after the beta with about 1000 user we felt confident to start some weeks ago on: fairlay.com - you can predict no with Bitcoin.

On 188.165.246.217 you can try out everthing with test-net-coins - read more and how here: http://blog.fairlay.com/2014/04/test-fairlay-with-free-testnet-coins/
However - it is really just for testing - it is not really fun because the we maintain the prediction poorly here.

Maybe we will reactivate the credit version again where user can predict every month in a small competition and the winners get some real BTC for fairlay. Could be fun and maybe a good promotion for us. 
hero member
Activity: 546
Merit: 500
Carpe Diem
Wow I'm interested in your site. I like how you're taking time to make sure the kinks are worked out before just opening and dealing with issues and glitches just to make a quick buck. Do we have an ETA for opening for real? Can you still play with credits right now?
sr. member
Activity: 443
Merit: 250






We need your help - what is your favorite version, vote here:
http://blog.fairlay.com/2014/05/could-you-help-us-make-a-decision/
sr. member
Activity: 443
Merit: 250
We give up to 0.5 Bitcoins for user making a prediction on fairlay:

https://bitcointalksearch.org/topic/m.6564735
sr. member
Activity: 443
Merit: 250


Hey - we just started a couple of new events: we focus now on predicting the difficulty:
https://www.fairlay.com/event/category/bitcoin/

Also, we just made it possible to comments on bets and discuss them.
sr. member
Activity: 443
Merit: 250
March 21, 2014, 01:54:18 PM
#53
at the first glance the websites look similar. But the betting system is SUBSTANTIAL different. I will write a blog post and explain why and why we believe our is more fair for the user.
legendary
Activity: 1120
Merit: 1038
March 21, 2014, 01:39:55 PM
#52
Same website layout , same principle as Bitbet.us.
I don't see many features that are better than Bitbet.us and does not seem innovative , but just like a clone.

But hey , if you are anyways cloning their website , why not copy their bets ?
Most of their bet ideas are pretty awesome , like a long-term prediction about value of Bitcoin or if the joke coin called Dogecoin will be still alive by April fools day.
sr. member
Activity: 443
Merit: 250
March 21, 2014, 12:18:39 PM
#51
I think we try to focus on this thread: https://bitcointalksearch.org/topic/fairlaycom-the-future-of-reliable-information-433086

We posted a nice offer there where you can earn Bitcoins by suggesting new bets.
sr. member
Activity: 443
Merit: 250
March 20, 2014, 12:13:41 PM
#50
And by the way: sorry for the missing communication in this thread in the last weeks. And the short confusion with a changed highscore. We have been very busy working on the real Bitcoin version and in this process we changed the server to a more secure one. We changed now the function of the highscore - now it shows the top winners of the last week.

We still have tons of features on our list - so keep calm for updated! But most important place your first bet!! If you like as little as 1mBTC.
sr. member
Activity: 443
Merit: 250
March 20, 2014, 11:59:32 AM
#49
Just wanted to post a announcement - but found you already noticed it.

Yes!! Fairlay just launched! We are online. All winners from the beta got credited their Bitcoins and they are free to withdrawal them or place a new bet Wink

Any suggestions for more bets?
legendary
Activity: 1232
Merit: 1002
March 19, 2014, 05:36:10 PM
#48
Is the beta period got over ?

looks like it´s live now Wink
At least there are new bets and the announcement page was removed and replaced with the fairly mainpage.

Any official statement regarding the launch? deposits/withdrawals are working?

looking really forward to using fairly
I can confirm withdrawals are working!
only a few minutes and I got my coins!
member
Activity: 70
Merit: 10
March 19, 2014, 03:11:04 PM
#47
Is the beta period got over ?

looks like it´s live now Wink
At least there are new bets and the announcement page was removed and replaced with the fairly mainpage.

Any official statement regarding the launch? deposits/withdrawals are working?

looking really forward to using fairly
full member
Activity: 154
Merit: 100
March 17, 2014, 01:20:45 AM
#46
Is the beta period got over ?
legendary
Activity: 1232
Merit: 1002
March 17, 2014, 12:19:03 AM
#45

High scores
#    Credits    Prize    
1    8,999,000.00    200 mBTC    
2    8,948,000.00    120 mBTC    
3    8,897,000.00    80 mBTC    
4    8,856,000.00    40 mBTC    
5    8,795,000.00    40 mBTC    
6    8,744,000.00    20 mBTC    
7    8,693,000.00    20 mBTC    
8    8,642,000.00    20 mBTC    
9    8,601,000.00    20 mBTC    
10    8,540,000.00    20 mBTC    
11    8,489,000.00    20 mBTC    
12    3,011,673.67    10 mBTC    
13    1,838,289.79    10 mBTC    
14    970,778.38    10 mBTC    
15    888,379.56    10 mBTC    
16    593,285.21    10 mBTC    
17    508,451.46    10 mBTC    
18    495,458.99    10 mBTC    
19    475,600.90    10 mBTC    
20    459,537.46    10 mBTC    
21    455,594.45    10 mBTC

WTF just happened? from where did those 8 mil credits accounts appeared?
When the real game will start?
hero member
Activity: 490
Merit: 500
March 06, 2014, 11:44:57 AM
#44
Looks okay, will check this out sometime
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