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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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    *For use with standalone wallets (bitcoin-qt, electrum).
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    1EbocQk64Kh3bXVEebPcsCtcJoB2mRwNhk

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    Done