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Bitcoin network difficulty will increase @ block 324575

Bitcoin network difficulty will increase @ block 324575
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Description

The outcome of this bet will be "Yes" if Bitcoin difficulty will increase at next adjustment (block 324575).

Decision Logic

As of October 3, 2014 Bitcoin network difficulty is 34661425923.977. Difficulty is adjusted every 2016 blocks. Next adjustment will happen at block 324575 on or around October 9, 2014. The outcome will be "Yes" if difficulty as reported by http://blockexplorer.com/q/getdifficulty after block 324575 will be larger than 34661425923.977

CLOSING IN2014-10-09 17:00:00

5:56PM, Oct 3, 2014 UTC

5:00PM, Oct 9, 2014 UTC

9:11PM, Oct 9, 2014 UTC

Early Outcome

RESOLVED AT 2:37AM, Oct 10, 2014 UTC

Total Volume: 0.1520

This bet has been resolved!

The outcome was "Yes"

0.152 was split between 7 bettors.
YES
Volume:0.1420
0.16411
# of Bets:7
NO
Volume:0.0100
0.015875
# of Bets:2

Discussion

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alex_morgan 4:47AM, Oct 5, 2014 UTC
It always adjusts every 2016 blocks, so it will adjust at exactly that block. The actual date and time may slightly vary depending on how quickly the network will reach that block so I'm giving it a window between October 8 and October 11 to resolve, at the current rate the adjustment should happen on the 9th.
Gloomfrost 3:10AM, Oct 5, 2014 UTC
If it doesn't adjust right at that block, what happens?
alex_morgan 5:03PM, Oct 4, 2014 UTC
That's right. UP == YES. DOWN == NO. Some estimates and historic data: https://bitcoinwisdom.com/bitcoin/difficulty http://blockexplorer.com/q/estimate http://www.bitcoinvalues.net/bitcoin-mining-difficulty-chart.html http://bitcoin.sipa.be/
Gloomfrost 5:02AM, Oct 4, 2014 UTC
Okay, so in other words - will the next difficulty adjustment go Up or down?

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