Author

Topic: Put you BTC where your mouth is and bet for or against Pirate for Aug. (Read 1274 times)

legendary
Activity: 1358
Merit: 1002
The bet ends in less than 4 weeks.  4 weeks in BS&T at 7%/week compounded earns you 31%.  The bets are currently 3:1 in favour of not defaulting, and will presumably go further in that direction as the end of the month approaches.  So it's better to put your money into BS&T than to bet against the default at the moment.
Not if you believe it's gonna default.

So, where are the best in favour of the default?
If it's so easy money why don't they bet?
legendary
Activity: 1176
Merit: 1011
The bet ends in less than 4 weeks.  4 weeks in BS&T at 7%/week compounded earns you 31%.  The bets are currently 3:1 in favour of not defaulting, and will presumably go further in that direction as the end of the month approaches.  So it's better to put your money into BS&T than to bet against the default at the moment.
Not if you believe it's gonna default.
legendary
Activity: 1974
Merit: 1010
1 week left to place your bets for Aug.!   Grin
legendary
Activity: 2940
Merit: 1333
It makes sense if the payback for the bet is more than 7% / week.

The bet ends in less than 4 weeks.  4 weeks in BS&T at 7%/week compounded earns you 31%.  The bets are currently 3:1 in favour of not defaulting, and will presumably go further in that direction as the end of the month approaches.  So it's better to put your money into BS&T than to bet against the default at the moment.
legendary
Activity: 4466
Merit: 3391
If someone wishes to bet for Pirate all they need to do is deposit their money in BTCS&T.
Those bets make no sense.

It makes sense if the payback for the bet is more than 7% / week.
legendary
Activity: 1974
Merit: 1010
Those bets make no sense.

There are many paths in life my friend.

This allows all the naysayers to bet against him rather then just complain all day.   Roll Eyes
legendary
Activity: 1358
Merit: 1002
If someone wishes to bet for Pirate all they need to do is deposit their money in BTCS&T.
Those bets make no sense.
legendary
Activity: 1974
Merit: 1010
BS&T AKA Pirate will default on or before Aug. 31st...

http://betsofbitco.in/item?id=537
Jump to: