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Will the Price of Bitcoin Be Above $425 on October 15?

Will the Price of Bitcoin Be Above $425 on October 15?
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Bitcoin
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Description

The outcome will be yes if the price of 1 Bitcoin is $425 or over at the end of the day on October 15th.

Decision Logic

The final trade on October 15th on bitstamp.net as reported by bitcoincharts.com will be used. If the last trade before midnight UTC on October 15th is $425.00 or higher, then the outcome will be Yes.

1238
CLOSING IN2014-10-06 02:00:00

2:53PM, Sep 26, 2014 UTC

2:00AM, Oct 6, 2014 UTC

11:00PM, Oct 15, 2014 UTC

RESOLVED AT 12:13AM, Oct 16, 2014 UTC

Total Volume: 0.1090

This bet has been resolved!

The outcome was "No"

0.109 was split between 6 bettors.
YES
Volume:0.0250
0.050175
# of Bets:2
NO
Volume:0.0840
0.132175
# of Bets:6

Discussion

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InflatableOrc 9:04PM, Sep 26, 2014 UTC
Watching this one. Will be closeee
ahentov 6:51PM, Sep 26, 2014 UTC
OK. Thanks Avalon.
Avalon 6:16PM, Sep 26, 2014 UTC
@ahentov - parimutuel is fine also, if he has a lot of coin, he can effectively 'control the odds' using parimutuel bets. See https://www.betmoose.com/faq#betting3
ahentov 5:52PM, Sep 26, 2014 UTC
MJAngler, this contract was set up as parimutel, and then you bet both sides. I saw that you only signed up the day before you created this. I get the feeling you were trying back both sides and make a market? If you were, you should use "fixed odds" instead of "parimutuel" when setting up the contract

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