In fact, if we are no longer in a bear market it matters not if its 30 days or 90 days or 4 years, as we will not see 435. However, if are bear, opposite to what Rpietila suggests, then 30 days gives me a chance to prove him wrong and win the bet.
90 days I will not do. There's no sport in a bet where there is 90%+ chance of a tie and 8% in losing.
30 days is fair.
No one is going to manipulate the market. I am assuming a certain amount of honor here.
Can Rpietila also agree to real risk and honor? We will find out. I expect him to make excuses and not join the bet.
As a spectator, I'd say that this bet has more meaning with a longer term and wider spread. Narrow and short is just making a joint statement about the size of your respective d*cks :-) -- essentially saying I am rich enough and bored enough to gamble this on a coin toss. If it means so little to you, why don't you invest it in something that could enhance BTC valuation?
But longer and wider is making a statement about whether bitcoin is or isn't going to bubble up again...
In other words, windjc if you are a bull-in-a-bear-suit what's the point of this bet? Just to prove you are a good at market timing (who cares) or just to get the adrenaline high you've been missing since Dec (chill, man)?
Yes, it is for fun. Not for changing the world. Like most bets. We can give more to charity if you like, but lets not pretend its something its not. It's for fun and bragging rights
I am a bull at heart. Just a bear in the head for now. Unlike Rpeitila who has been relegated to the sidelines like a nervous cheerleader.