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FAQBitcoin to return more than Gold as an investment 2014
InflatableOrc
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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.
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.
| Volume: | 0.0280 |
| # of Bets: | 4 |
| Volume: | 0.0542 |
| # of Bets: | 3 |
knircky
12:11AM, Jul 2, 2014 UTC
Gloomfrost
12:28AM, Jun 24, 2014 UTC
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