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Will bitcoin bubble pop in 2018

Will bitcoin bubble pop in 2018
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Bitcoin
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Description

Will bitcoin crash this year.

A crash is defined as a reduction in price of 70% from its peak to lowest price in this year.

Decision Logic

If the bitcoin price will correct more than 70% this bet resolves to true. False otherwise.

The price feed used will be coinbase and closing days as defined by tradingview will be used to determine the ATH as well as the lowest correction.

https://www.tradingview.com

BTCUSD on coinbase.

If at any time in the year a correction of more than 70% occurs the bet resolves as true, false otherwise.

1611
CLOSING IN2018-07-05 07:05:00

8:45PM, Jan 4, 2018 UTC

7:05AM, Jul 5, 2018 UTC

7:06AM, Jul 5, 2018 UTC

Early Outcome

RESOLVED AT 4:34PM, Jul 8, 2018 UTC

Total Volume: 0.0181

This bet has been resolved!

The outcome was "Yes"

0.0181 was split between 4 bettors.
YES
Volume:0.0031
0.010062
# of Bets:4
NO
Volume:0.0150
0.0619
# of Bets:3

Discussion

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knircky 1:58AM, Jul 9, 2018 UTC
>This is a close one but we agree with @sanko - the ATH (as defined by the decision logic) as 19650. 70% drop equates to 5895. 5851 was reached on close Jun 28, thereby meeting the definition of 70% drop as defined. Again there is a clear reference to the year 2018. Although the ATH term should not have been chosen.
Avalon 8:28PM, Jul 8, 2018 UTC
This is a close one but we agree with @sanko - the ATH (as defined by the decision logic) as 19650. 70% drop equates to 5895. 5851 was reached on close Jun 28, thereby meeting the definition of 70% drop as defined.
sanko 9:00AM, Jul 8, 2018 UTC
@knircky What do you mean by "There is clear reference to 2018"? There is now "2018" in "decision logic" section at all! There is "ATH". "ATH" means ALL TIME HIGH. Not this week/month/year high.
knircky 9:06PM, Jul 6, 2018 UTC
>So the high in 2018 is around 17225 @knicky Decision logic says "the ATH" not "the high in 2018". ATH was in december 2017. There is a clear reference to 2018. The ATH in 2018 is not 19k. "If at any time in the year a correction of more than 70% occurs the bet resolves as true, false otherwise." This means within 2018 we need more than 70% price reduction.
sanko 6:20AM, Jul 6, 2018 UTC
>So the high in 2018 is around 17225 @knicky Decision logic says "the ATH" not "the high in 2018". ATH was in december 2017.
sirlanka 9:15PM, Jul 5, 2018 UTC
@knircky it's better to do nothing than to give a false outcome
knircky 4:37PM, Jul 5, 2018 UTC
i was promoted to by the app.
sirlanka 4:25PM, Jul 5, 2018 UTC
@knircky Why the f**k did you resolve the bet as NO when it is 5 months left of the year?
knircky 3:31PM, Jul 5, 2018 UTC
So the high in 2018 is around 17225 which makes a 70% crash 5173, which we have not seen yet.
sanko 3:36PM, Jul 3, 2018 UTC
Seems it happened. https://www.tradingview.com/chart/?symbol=COINBASE:BTCUSD I see 5851.66 on 28 june and 19650.01 on 16 dec. 19650.01-70%=5895.003

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