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Bitcoin Will Pass $1600 By the End of this Year

Bitcoin Will Pass $1600 By the End of this Year
Category:
Bitcoin
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Description

The conditions of this bet will be satisfied if the price of 1 Bitcoin passes $1600 US dollars by December 31st 2017.
The bet will resolve early if it passes $1600 before then.

Decision Logic

Verification will be based on the average of Bitpay rates
If the Bitpay rate passes $1600 dollars any time before December 31st 2017 the condition will be met
https://bitpay.com/bitcoin-exchange-rates

CLOSING IN2017-05-03 19:00:00

9:05AM, Dec 31, 2016 UTC

7:00PM, May 3, 2017 UTC

7:32PM, May 4, 2017 UTC

Early Outcome

RESOLVED AT 10:31PM, May 4, 2017 UTC

Total Volume: 0.7010

This bet has been resolved!

The outcome was "Yes"

0.701 was split between 26 bettors.
Yes
Volume:0.4760
15.68564
# of Bets:26
No
Volume:0.2250
8.918325
# of Bets:6

Discussion

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freedom 11:04PM, May 4, 2017 UTC
Modified bet to continue until the end of the year now that it has it the $1600 target can we see year to year parity in 2017 as the next step Bwahaha ^^ https://www.betmoose.com/bet/bitcoin-will-pass-2017-in-the-year-2017-3019#bets-1
freedom 10:31PM, May 4, 2017 UTC
Sorry about that I'll add a clause next time at a higher price it just seemed a bit complex for a yearly contract to have a closed option for May seeing as its a recurring perennial bet that finally was achieved ^^.
Avalon 7:35PM, May 4, 2017 UTC
We recommend hosts instate a 'all bets within 24 hours will be refunded' policy for these Bitcoin price bets - it simply is not fair in the spirit of the proposition for users who placed in December. Reason we always cut the deadline a little short is due to global trading markets - if you look at the Chinese trading the night before, you can see periods of 'High's above the given price target.
freedom 10:19AM, Dec 31, 2016 UTC
You know it all to well ^^ A broken clock will be right twice a year (That darn Bitcoin price will get there at some Halving XD) Hopefully before the 2020 one though or I'll need to find an Olympic Bitcoin picture and a GG Flag ha-ha
praine 10:06AM, Dec 31, 2016 UTC
Another year for sweet revenge? :P
freedom 9:06AM, Dec 31, 2016 UTC
One of these days although it was nice to see it at $1K this year ^^

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