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Topic: [FINISHED] Bet on bitcoin future price here (July 1st, 2011) - page 3. (Read 13758 times)

newbie
Activity: 59
Merit: 0
So anything over $10 is only bet in whole dollar USD right?
member
Activity: 93
Merit: 11
legendary
Activity: 1260
Merit: 1031
Rational Exuberance
Another bet came in: 0.18 put on $18/bitcoin on July 1st.

5.138 BTC is now in the pot to be won.
legendary
Activity: 1260
Merit: 1031
Rational Exuberance
Somebody just bet 2.08 BTC on $8 bitcoins in July. Biggest bet by far so far.

edit: Now there's a 2.09 BTC bet on $9 bitcoins too

Not a bad "strategery" at this stage, if you ask me!
legendary
Activity: 1260
Merit: 1031
Rational Exuberance

strange i see the incoming 0.1 from you but my client still give me that my key is : 18wk1xCrjqCvbkfSXZVCWJu9Nn4Q74dSyc

Yeah, that's your receiving address. Your sending address is usually an address where you have gotten your coins in the past.
member
Activity: 105
Merit: 10
I just sent in my guess. It will make some of you choke on your drink.

His guess was 0.173 bet on $17.30 (you can see it in the blockexplorer link). I sent him 0.1 BTC at 1EmT2SDdKwp8Zhz3RngEHzAyBtfR5E3Usu

i bet 0.17 BTC that value will be 17$.

coming from :
18wk1xCrjqCvbkfSXZVCWJu9Nn4Q74dSyc

According to blockexplorer, the 0.17 bet actually came from 1AMutUVeYKoePyuUNGn8dkVB7HWYCtvjKr, which is where I sent the 0.1BTC. I'm presuming it got to you alright.

And that's it for free money!

This is fun!

strange i see the incoming 0.1 from you but my client still give me that my key is : 18wk1xCrjqCvbkfSXZVCWJu9Nn4Q74dSyc
legendary
Activity: 1260
Merit: 1031
Rational Exuberance
What if nobody wins?

If you saw that nobody was going to win, wouldn't you send a tiny bet to all possible values $1 apart?

Still even if that happened somehow, I'd just give the money back to everyone.
newbie
Activity: 56
Merit: 0
What if nobody wins?
legendary
Activity: 1260
Merit: 1031
Rational Exuberance
I just sent in my guess. It will make some of you choke on your drink.

His guess was 0.173 bet on $17.30 (you can see it in the blockexplorer link). I sent him 0.1 BTC at 1EmT2SDdKwp8Zhz3RngEHzAyBtfR5E3Usu

i bet 0.17 BTC that value will be 17$.

coming from :
18wk1xCrjqCvbkfSXZVCWJu9Nn4Q74dSyc

According to blockexplorer, the 0.17 bet actually came from 1AMutUVeYKoePyuUNGn8dkVB7HWYCtvjKr, which is where I sent the 0.1BTC. I'm presuming it got to you alright.

And that's it for free money!

This is fun!
hero member
Activity: 588
Merit: 500
i bet 0.17 BTC that value will be 17$.

coming from :
18wk1xCrjqCvbkfSXZVCWJu9Nn4Q74dSyc

Copycat.
legendary
Activity: 1204
Merit: 1015
I just sent in my guess. It will make some of you choke on your drink.
$17? Makes sense with the current increase we've seen.

I'll add $14.80 for 0.148.
member
Activity: 105
Merit: 10
i bet 0.17 BTC that value will be 17$.

coming from :
18wk1xCrjqCvbkfSXZVCWJu9Nn4Q74dSyc
hero member
Activity: 588
Merit: 500
I just sent in my guess. It will make some of you choke on your drink.
legendary
Activity: 1260
Merit: 1031
Rational Exuberance
The two jokers above just got their free money. 0.2 BTC left to give away.
full member
Activity: 141
Merit: 100
I just bet 0.1 btc that the price will be $10.

It's coming from 16rdqfvMxgArJXZ28RR91t3HiJDhmuitjJ
legendary
Activity: 1260
Merit: 1031
Rational Exuberance
A quirk of this system is that if the price happens to be low and stable near the deadline it will be easy for late bets to win. Say it's been $2-$2.50 for a week it's easy money 1 day out (possibly to the point of bets only being limited by people's fear of you running with 10k+ bets, haha or fear of manipulation at the last second). But if it is more stable and high, say $21-$23 it takes multiple bets to cover the range.

Not saying you should change anything, it's an interesting game.

If I do this again, maybe I'll do +/- 5% instead of +/- $0.50 to win.
legendary
Activity: 1260
Merit: 1031
Rational Exuberance
I'll kick things off...

I bet 0.097 btc that the price will be $9.70. Yeah, it's a small bet, but that's still a month out.

It's coming from 1NptwUa4wFNUXPyhQ8wsS54s36QeTPaJYK

I see it in block explorer. I sent 0.1 BTC to your address. 4 more people are gonna get the freebie!
legendary
Activity: 1246
Merit: 1016
Strength in numbers
A quirk of this system is that if the price happens to be low and stable near the deadline it will be easy for late bets to win. Say it's been $2-$2.50 for a week it's easy money 1 day out (possibly to the point of bets only being limited by people's fear of you running with 10k+ bets, haha or fear of manipulation at the last second). But if it is more stable and high, say $21-$23 it takes multiple bets to cover the range.

Not saying you should change anything, it's an interesting game.
legendary
Activity: 1260
Merit: 1031
Rational Exuberance
Quote
What if another exchange service becomes more popular than MtGox OR MtGox is not available on July 1st?

I'll use the best data available from the biggest exchange running. If for some reason winners cannot be chosen in a way that seems fair to me, I will just return all bitcoins to the original betters.

Quote
And how can I bet that bitcoins will be worth >$99?  Huh

Buy some bitcoins Smiley
legendary
Activity: 1204
Merit: 1015
I'll kick things off...

I bet 0.097 btc that the price will be $9.70. Yeah, it's a small bet, but that's still a month out.

It's coming from 1NptwUa4wFNUXPyhQ8wsS54s36QeTPaJYK
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