Will Bitcoin top $2400 in 2017?

Again another reminder to hosts to add our recommended '24-48 hours' bet return period in the case of early/known outcomes to help out those that bet early.

As others have pointed out, changing the bet description is not any valid way to change the outcome determination criteria. We did not get any reports on this prop previously so will resolve according to the logic specified.

it was changed a while ago and was changed quite recently.

@sirlanka, nah, description was changed a while ago, after Evangreer's comment below. idrc its just a few bucks for me, but bets like 79d-z4's .167 early this morning were obviously placed when it was eminently clear that btc would break 2400$. It's not really in the spirit of the bet. Anyways, like a 24 hour refund period seems fair @79d-z4, it isn't advantageous to the host. He has .005 in this on yes, but he'll make more off hosting commission if the bets aren't refunded.

the description was changed yesterday... and it doesn't even matter that it was changed because the decision logic remains unchanged... no refunds.. dumb host

And if you see someone have important info in description but not in decision logic you should report these bets since description can be edited but not decision logic. I've done it with other bets and I would have done it with this one if I had seen the edit.

Also. I suspect the desription was changed today. Either that or both me and everyone else missed the edit.

Like I said in my first post, big rule changes can't be made after people have started betting (unless it's clearly explained site policy in the FAQ. I think a 24 hour rule should be introduced). And Admin will most likely not accept this change since they want to keep the credibility of the site.

I bet both before and after the change, I did not notice the change, why are there not better notifications for such things, better verification? Even in this moment, I still don't know if the change to decision logic was approved. I understand that there are winners who would prefer to not have their winnings diluted, but the underlying matter is more significant than one bet, for me at least, if I were to continue betting here.

Obviously some typos back there: "Not a matter of whether or not I read it, but its underlying validity"

Point being that if rules are changed arbitrarily, in ways that are advantageous to those hosting the bet, with little accountability, clear notice, verification of approval, etc, it undermines the confidence in the platform.

@pelican95 Not a matter of whether or not a read it, but it's underlying validity.

resolve this.

sanko said:This time I read only decision logic section before betting. same here/

@79d-z4, it's pretty hard to believe you didn't read the refund notice because it was in the description box. its not exactly hidden in fine print.

@79d-z4 The bet's been open since March. Obviously it's dumb to edit win conditions later on, but it's plenty fair to have a 2 week refund period. And yes, I'm saying that because I'm outside the refund period.

Also sanko's second point that matters of decision logic should be in the decision logic section, and ultimately aspects of the bet that would invalidate certain bets are matters of decision logic.

Additionally, Evanageer was obviously incentivised to make such a change in a manner that could be deemed unfair because after becoming confident that the number of "no" bets would most likely not increase after a certain price point, all further bets were diluting his winnings, as he himself had a "yes" bet on the table.

It's pretty messy that there seems no authentication for such revisions, no overt moderator sign-off indicator, and no history of edits to see what changed and when. Also, an edit with a time period of two weeks is tricky in principle because it could have theoretically affected already submitted bets.

Also curious about Sanko's question down there.

$2,428.07 right now on coindesk. That's a wrap.

@pelican95 This time I read only decision logic section before betting. Betmoose rules say: "The host can change the description and picture at any time. Any other information can be changed with the approval of a BetMoose moderator and the change will be outlined in the comments." So if you want to change decision logic, you must get approval of a BetMoose moderator. Did you get it?

Refund period deets were added 20 days ago, so really any bets subject to a refund at this point were placed with knowledge of the 2 week period

@sanko agreed

Just seen this "Bets posted within two weeks of outcome will be refunded." in Description section and read comments. WTF? @Evangreer You think you may change rules after market creation yourself? I do not think it is fair. If you wanted this you should ask admin.

USD 5.35% $2,414.03 it just happened.

@pelican95 language added

Yes. These bets should be created with deadline period

Fair enough, you see my point tho?

@pelican95