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Topic: 🦋www.bet-well.com🦋 Unique Betting Platform for Cryptocurrency Price Prediction - page 3. (Read 1687 times)

legendary
Activity: 3248
Merit: 1402
Join the world-leading crypto sportsbook NOW!
This website's idea is indeed in some ways different from trading, because when one buys a crypto and then it falls in price, this person looses. Bet-well, however, allows to bet on the price going down and winning from it in case it indeed does that. Looking at the bearish market of our times it sounds like a good alternative to trading. I think it's too bad that there are only three coins to bet on. And how are the prices calculated? Do you synchronize them with coinmarketcap, or stick to some specific big exchange?
The idea is not purely original, by the way. I remember seeing threads with giveaways on primedice forum, where people were predicting the prices of coins and getting a reward in case of right predictions. Of course, it was all spountaneuos and unorganized, but still.
newbie
Activity: 6
Merit: 0
can u planning future any bet for other altcoin..?i have study your project but find some unsecure authentication i can suggest plz fix it...I think that this business is pretty a profitable investment at the present time!
hero member
Activity: 952
Merit: 576
I see a lot of competition among such sites. I must say, I really liked the design. Also the idea of betting player vs player is awesome.

But as always the main issue is getting players to bet against rach other. Most of the times the players are so less that the site doesnt have enough players for the game to complete.

So do you plan on running any promotions for the site in its initial stages?
brand new
Activity: 0
Merit: 0
Market Volume your Coin? Bet-Well is good technology but all person or investor are believe in market value or volume of your coin...
newbie
Activity: 27
Merit: 0
I suppose this idea is very good and good.Wish you detect enough resources to evolve your idea!
newbie
Activity: 29
Merit: 0
are u involve other currency.??like DOGE, XVG, etc

When the number of users will increse we will add more currencies for betting. The plan is to add currencies together with community - so what ever community will chose we will add - 3 at the time Smiley

i found one query why are u note more post in instagram..?i can see only one post.

We will add more post in the future Smiley
newbie
Activity: 22
Merit: 0
i found one query why are u note more post in instagram..?i can see only one post.
I think that this idea is pretty a profitable investment at the present time!
newbie
Activity: 29
Merit: 0
Website looks good. Some errors popped up before successfully register on your website. As others suggested it is good to have Bitcoin as another deposit method.  I understand that now it is not possible for you to add two currencies. Hope to see it in the future.

Thanks for pointing out the error. Error is fixed  Smiley
newbie
Activity: 26
Merit: 0
Amazing trading dues...Looking forward for more updates,remarkable sales,cognizant activity! are u involve other currency.??like DOGE, XVG, etc
brand new
Activity: 0
Merit: 0
i have some query about your project...replay in discord..It is interesting!discerning plan.
full member
Activity: 630
Merit: 102
Website looks good. Some errors popped up before successfully register on your website. As others suggested it is good to have Bitcoin as another deposit method.  I understand that now it is not possible for you to add two currencies. Hope to see it in the future.
newbie
Activity: 33
Merit: 0
The basic thing that in the future it has guarantee the development of the project. cognitive job!
newbie
Activity: 29
Merit: 0
Site looks good, I like the fact that the tokens have a fixed price.  What kind of payout are players expected to get?  I don't fully understand what it is, but will definitely keep an eye on it, I like the fact that its a game and not just trading.  I couldn't take a look inside without registering, and don't feel like registering right now, but curious to see how it functions.

Thanks for the comment. So payouts can be done at any time, and the amount will really depend on the performance of certian player.

Well for looking inside feel free to register (it is simple and free Cheesy)
newbie
Activity: 12
Merit: 0
The key theme that in the future it has insured the growth of the project.
member
Activity: 175
Merit: 12
Site looks good, I like the fact that the tokens have a fixed price.  What kind of payout are players expected to get?  I don't fully understand what it is, but will definitely keep an eye on it, I like the fact that its a game and not just trading.  I couldn't take a look inside without registering, and don't feel like registering right now, but curious to see how it functions.
newbie
Activity: 29
Merit: 0
This is not the trading site, so you cannot trade your tokens to any other currency than ETH.

This is a platform where you are predicting the price of the most known Cryptocurrencies (so far BTC, ETH and XRP) and if you get the prediction right you get paid. You get paid from the people who didn't predict correct.

This has many advantages - so lets say that BTC goes up just 1% and you guest that right, you will earn profit. Now on trading platforms (ie Bitstamp) you would earn just this 1%, but here you could earn more than 100% of what you bet.

You are welcome to place a bet and check it yourself!
Please don't compare gambling to trading again. Yes if he is correct with his prediction of 1% gain in your gambling site he might (based on how you decribed that he won't win all the other parties' bets[1]) double his money. But the same thing can be said if he is wrong with his bet even with just 1% of a difference in the prices and he will surely lose 100% or all of his bet during that game unlike in trading where you will only lose 1% in terms of its paper value in his portfolio. So if you get what I am saying never compare your gambling site to trading to a newbie, they might have the wrong idea.

[1]
If you WIN you get your Tokens bet back plus a part of the Token (or Tokens) that other players lost (equal to your proportion of all winning bets).

Thanks for the remark. We really do not want to compare trading and gambling. We just wanted to explain what are advantages (in our opinion) to tradning. Because if you really know where the price will go, maybe here you can earn more than on trading (maybe, maybe not - it is betting at the end of the day).
newbie
Activity: 29
Merit: 0

Add Bitcoin as a deposit and withdrawal option?


We put a lot of thougts into that. And at the end we decited to go with ETH, just because of low transaction fees and other possibilites that ETH allows.

And we cannot use 2 currencies (at least for now)
copper member
Activity: 532
Merit: 26
This is not the trading site, so you cannot trade your tokens to any other currency than ETH.

This is a platform where you are predicting the price of the most known Cryptocurrencies (so far BTC, ETH and XRP) and if you get the prediction right you get paid. You get paid from the people who didn't predict correct.

This has many advantages - so lets say that BTC goes up just 1% and you guest that right, you will earn profit. Now on trading platforms (ie Bitstamp) you would earn just this 1%, but here you could earn more than 100% of what you bet.

You are welcome to place a bet and check it yourself!
Please don't compare gambling to trading again. Yes if he is correct with his prediction of 1% gain in your gambling site he might (based on how you decribed that he won't win all the other parties' bets[1]) double his money. But the same thing can be said if he is wrong with his bet even with just 1% of a difference in the prices and he will surely lose 100% or all of his bet during that game unlike in trading where you will only lose 1% in terms of its paper value in his portfolio. So if you get what I am saying never compare your gambling site to trading to a newbie, they might have the wrong idea.

[1]
If you WIN you get your Tokens bet back plus a part of the Token (or Tokens) that other players lost (equal to your proportion of all winning bets).

The hero this thread needs...
hero member
Activity: 1680
Merit: 655
This is not the trading site, so you cannot trade your tokens to any other currency than ETH.

This is a platform where you are predicting the price of the most known Cryptocurrencies (so far BTC, ETH and XRP) and if you get the prediction right you get paid. You get paid from the people who didn't predict correct.

This has many advantages - so lets say that BTC goes up just 1% and you guest that right, you will earn profit. Now on trading platforms (ie Bitstamp) you would earn just this 1%, but here you could earn more than 100% of what you bet.

You are welcome to place a bet and check it yourself!
Please don't compare gambling to trading again. Yes if he is correct with his prediction of 1% gain in your gambling site he might (based on how you decribed that he won't win all the other parties' bets[1]) double his money. But the same thing can be said if he is wrong with his bet even with just 1% of a difference in the prices and he will surely lose 100% or all of his bet during that game unlike in trading where you will only lose 1% in terms of its paper value in his portfolio. So if you get what I am saying never compare your gambling site to trading to a newbie, they might have the wrong idea.

[1]
If you WIN you get your Tokens bet back plus a part of the Token (or Tokens) that other players lost (equal to your proportion of all winning bets).
copper member
Activity: 532
Merit: 26
This is not the trading site, so you cannot trade your tokens to any other currency than ETH.


Add Bitcoin as a deposit and withdrawal option?

Tired of Alt-coin gambling sites pretending all crypto currencies are the same in bitcointalk, they aren't.
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