Bitcoin to return more than Gold as an investment 2014 - BetMoose

Bitcoin to return more than Gold as an investment 2014

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Description

In the last year, the price of bitcoin has surged fivefold.
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Over the same period, the price of gold, the other favorite anti-currency, slipped nearly 10 percent.

Decision Logic

A hypothetical USD$1000 will be placed into Bitcoin right now at $638.39USD/BTC (using Coindesk Price Index) = 1.56644058 BTC.
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Similarly, USD$1000 is placed right now into Gold at $1,260.88 USD/oz (using prices from goldprice.org) = 0.79309688 oz.
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Both are sold for USD at the end of year at the prevailing prices on December 30th, 2014 at 12:00PM EST. If the bitcoin is worth more in USD than the gold, this bet resolves as Yes.

2075

CLOSING IN2014-07-15 18:00:00

6:08PM, Jun 11, 2014 UTC

6:00PM, Jul 15, 2014 UTC

4:00PM, Dec 30, 2014 UTC

RESOLVED AT 10:28PM, Dec 30, 2014 UTC

Total Volume: 0.0822

This bet has been resolved!

The outcome was "No"

0.08218725 was split between 3 bettors.

YES

Volume:	0.0280
0.123095
# of Bets:	4

NO

Volume:	0.0542
0.2331845
# of Bets:	3

Related see more from Economy

Discussion

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From Germany

knircky 12:11AM, Jul 2, 2014 UTC

well right now btc is down quite a bit. btc price needs to double for the bet to be true

From Northern Mariana Islands

Gloomfrost 12:28AM, Jun 24, 2014 UTC

I'm surprised at the pessimism! :P 75% likely that bitcoin will lose to gold!? Pfftshhh

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