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Bitcoin to top $100,000 before end of year

Bitcoin to top $100,000 before end of year
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Description

The price of one Bitcoin in USD will rise over $100,000 before end of 2024 as per coinbase.

The bet will resolve early if it passes $100,000 before then. Price from coinbase.com

Decision Logic

In case on an early YES, all bets made within one week before the outcome will be deleted.

1607
CLOSING IN2024-11-27 13:15:00

9:27PM, Feb 14, 2024 UTC

1:15PM, Nov 27, 2024 UTC

6:14PM, Dec 17, 2024 UTC

Early Outcome

RESOLVED AT 1:22AM, Dec 19, 2024 UTC

Total Volume: 0.1024

This bet has been resolved!

The outcome was "Yes"

0.10244597 was split between 6 bettors.
YES
Volume:0.0934
0.298068
# of Bets:6
NO
Volume:0.0090
0.03491604
# of Bets:11

Discussion

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hope2win 7:22AM, Dec 23, 2024 UTC
Damn, looks like I caused some drama
praine 3:19AM, Dec 20, 2024 UTC
I do agree with you, and since the host was confused as to why it was resolved it probably was his intention - he just didn't flesh out the decision logic. Anyways because someone reported it, everyone's payouts got halted so we'll see what BetMoose has to say about it.
neverbiden 2:09AM, Dec 20, 2024 UTC
All bets made within one week... But I agree that it probably should have said, and was probably meant to say, all YES bets. That's sort of twisted to refund a wrong bet no matter when it was made.
praine 1:12AM, Dec 20, 2024 UTC
In practice most people aren't going to bet No when a Yes is imminent, but proper logic for a bet such as this would be: "In case on an early YES, all YES bets made within one week before the outcome will be deleted." That prevents 'gaming the logic' that I described in the previous comment.
praine 1:09AM, Dec 20, 2024 UTC
It is trivial to see that 'No's' being allowed to be refunded allows for underhanded tactics like betting 'No' at the last moment when everyone else is betting 'Yes', so that if bitcoin reverses course 1 cent away from the target, you benefit heavily off of a 'No' bet that would simply be refunded if 'Yes' did occur. To me that makes it completely unacceptable for this kind of bet to exist with 'No's' being refunded, but somehow that slipped under the radar. This should not have transpired.
praine 1:03AM, Dec 20, 2024 UTC
I didn't realize this since I placed a 'No' bet way back in August, but it seems like the decision logic is actually flawed here. And the bet host (sirlanka) doesn't even seem to realize that his logic is flawed. Look closely - it says in case of an early yes, ALL bets will be refunded. So a strictly 'by the logic' reading would mean all 'Yes' and 'No's but I strongly disagree that these kinds of bets should even exist with 'No's' being allowed to be refunded with an early 'Yes' resolution.
neverbiden 9:01PM, Dec 19, 2024 UTC
And by the way, the bet was resolved 12/4/24, not on 12/18/24. And that last bet being refunded must be why my winnings are .005 less. >(
sirlanka 1:24AM, Dec 19, 2024 UTC
Why is the last bet refunded?
neverbiden 1:32PM, Dec 18, 2024 UTC
My payout was .10032040 on 12/5/24, the morning after this bet resolved. And now it has dropped to .09568548??? WTF is going on, more crypto ripoff BS?
Avalon 6:14PM, Dec 17, 2024 UTC
Resolved as per outcome logic. Apologies for the delay! Exciting times for early Hodlers!
neverbiden 1:34AM, Dec 10, 2024 UTC
Cool thanks SpinningBall. If Betmoose ever surfaces and I receive my winnings I will probably place a bet on that! Also, thank you!
SpinningBall 11:43PM, Dec 9, 2024 UTC
neverbiden, I made an market on it: betmoose.com/bet/trump-declassifies-jfk-files-in-first-100-days-6080 Congrats on the win!
neverbiden 10:36PM, Dec 9, 2024 UTC
An interesting wager might be whether the Trump team will release the "JFK files" and or who they will implicate. Or might they even confirm what is posited in the film "JFK X: Solving the Crime of the Century?"
neverbiden 12:25AM, Dec 7, 2024 UTC
Okay thanks for the information praine. Thank you for the congrats and congratulations to you for your hefty winnings. I bet against the steal standing for Biden back in 2021, sort of a once in a lifetime situation with a big payday but lost my ass--no thanks to Steve P. on Infowars (blah-blah). I am still sure that one day, and maybe soon, the 2020 steal will be acknowledged by all. But alas it won't bring back my BTC.
praine 10:56PM, Dec 6, 2024 UTC
Congrats on the W btw.
praine 10:55PM, Dec 6, 2024 UTC
They sometimes take a few days because they aren't super active but just relax a bit lol. For instance, I had to ping them for this one: https://www.betmoose.com/bet/usa-presidential-election-winner-2024-fixed-odds-6020
SpinningBall 10:19PM, Dec 6, 2024 UTC
gg
neverbiden 2:51PM, Dec 6, 2024 UTC
Is Betmoose on vacation? Waiting for my payout!
neverbiden 12:58PM, Dec 5, 2024 UTC
Outcome is known: https://www.coinbase.com/explore
freedom 4:17AM, Dec 5, 2024 UTC
Congrats on your winnings lets keep running boys!
praine 12:56AM, Nov 30, 2024 UTC
@SpinningBall I guess that wasn't the 'final bet' you were hoping to solicit. :-D
SpinningBall 7:07AM, Nov 29, 2024 UTC
16 hours left for anyone to place any final bets.
freedom 6:02AM, Nov 22, 2024 UTC
Edging :)
freedom 6:19AM, Nov 15, 2024 UTC
Ah F it round it up hehe lets see if it range treads for the holidays
freedom 8:26PM, Nov 12, 2024 UTC
So tempting to be contrarian but I want 100 K ^_^ waits a slight bit longer haha
praine 11:39PM, Nov 11, 2024 UTC
Sorry, I meant I don't want to bet against it with odds. 15x - 22x doesn't seem like enough. It's happenin'.
praine 11:38PM, Nov 11, 2024 UTC
The momentum is definitely there. I don't even want to bet on this WITH odds. (Also I'm nervous about your bet too, Porky. LOL)
Porky 4:30AM, Nov 11, 2024 UTC
From 68K to 81K in less than a week. My body is ready.
sirlanka 9:18PM, Nov 7, 2024 UTC
Getting closer

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