Bitcoin Forum

Economy => Speculation => Topic started by: adamstgBit on February 15, 2013, 12:32:06 AM



Title: Adam's Bet - Bitcoin will not make a new all time high this February
Post by: adamstgBit on February 15, 2013, 12:32:06 AM
Adamstgbit bets 1BTC
underground_ bets 2BTC

If 1BTC exceeds $32 on MtGox at any time in February, Adamstgbit Loses the bet! and all funds go to underground_

If 1BTC does not exceed $32 on MtGox at any time in February, Adamstgbit Wins the bet! and all funds go to Adamstgbit
 
hazek will escrow the bet
he will provide the address below


Title: Re: Adam's Bet - Bitcoin will not make a new all time high this February
Post by: hazek on February 15, 2013, 12:56:30 AM
Adamstgbit bets 1BTC
underground_ bets 2BTC

If 1BTC exceeds $32 on MtGox at any time in February, Adamstgbit Loses the bet! and all funds go to underground_

If 1BTC does not exceed $32 on MtGox at any time in February, Adamstgbit Wins the bet! and all funds go to Adamstgbit
 
hazek will escrow the bet
he will provide the address below

Agreed.

I accept the conditions that will decide who will win the bet. You can send the money here: 1FAhYh9ej5kbF2hXyp22tCzgWjb9cD8jvB

Please specify to which address I will need to pay out before you send if it's not the same address you'll be sending from.


Code:
Address: 1FAhYh9ej5kbF2hXyp22tCzgWjb9cD8jvB
Message: I own this address
Signature: G2ATgBLUY2kSbdPhcaTbhGuOYYuzUxzZwcG500W0lOmQjUAYXvIj0oPxmGG05DRgE83/bp6cauwmyzOGFkAmuto=


Title: Re: Adam's Bet - Bitcoin will not make a new all time high this February
Post by: Hexadecibel on February 15, 2013, 12:59:38 AM
I think I know how this is going to end...


Title: Re: Adam's Bet - Bitcoin will not make a new all time high this February
Post by: CurbsideProphet on February 15, 2013, 01:09:10 AM
Aww, I was hoping this would be a bet open to all.  Should have been put on Bets of Bitcoin or something.


Title: Re: Adam's Bet - Bitcoin will not make a new all time high this February
Post by: adamstgBit on February 15, 2013, 01:10:05 AM
I sent my coin, in the unlikely event that i should win, please send the winnings to this address 19Rw7tUqTEMfgzxNRP4s2twAECpF3rVyZM


Title: Re: Adam's Bet - Bitcoin will not make a new all time high this February
Post by: hazek on February 15, 2013, 01:11:10 AM
I sent my coin, in the unlikely event that i should win, please send the winnings to this address 19Rw7tUqTEMfgzxNRP4s2twAECpF3rVyZM

Ok


Title: Re: Adam's Bet - Bitcoin will not make a new all time high this February
Post by: adamstgBit on February 15, 2013, 01:12:18 AM
Aww, I was hoping this would be a bet open to all.  Should have been put on Bets of Bitcoin or something.

the though had crossed my mind ... but their are fees, and its not simple their system of who gets what ( weight time what  ??? )


Title: Re: Adam's Bet - Bitcoin will not make a new all time high this February
Post by: hazek on February 15, 2013, 01:16:26 AM
Coins sent. 1M36MzZWrTGM9YpwGQFAv6h6VFubU5JZAc

Thanks, Hazek.

You're both welcome. I have a reminder setup to check this thread on the 1st of March at 12:00am GMT+1 and that's when I'll decide who won. I guess we didn't decided on the time zone, are there any objections to GMT+1?


Title: Re: Adam's Bet - Bitcoin will not make a new all time high this February
Post by: hazek on February 15, 2013, 01:19:00 AM
Coins sent. 1M36MzZWrTGM9YpwGQFAv6h6VFubU5JZAc

Thanks, Hazek.

You're both welcome. I have a reminder setup to check this thread on the 1st of March at 12:00am GMT+1 and that's when I'll decide who won. I guess we didn't decided on the time zone, are there any objections to GMT+1?

Oops. Yeah, I'm fine with that.

Adam?


Title: Re: Adam's Bet - Bitcoin will not make a new all time high this February
Post by: Jaw3bmasters on February 15, 2013, 01:31:03 AM
I think I know how this is going to end...

Yea, quite obvious by now.


Title: Re: Adam's Bet - Bitcoin will not make a new all time high this February
Post by: adamstgBit on February 15, 2013, 01:54:56 AM
http://s11.postimage.org/9mepdu8kj/Untitled.png

Look Awesome!  ;D Bitcoin!


Title: Re: Adam's Bet - Bitcoin will not make a new all time high this February
Post by: hazek on February 15, 2013, 01:59:34 AM
Adam are you fine with me deciding the bet according to the GMT+1 time zone?


Title: Re: Adam's Bet - Bitcoin will not make a new all time high this February
Post by: adamstgBit on February 15, 2013, 02:06:28 AM
Adam are you fine with me deciding the bet according to the GMT+1 time zone?
Mtgox last price at 0000 GMT+1

.. i mean, if like i actually win this thing  :P


Title: Re: Adam's Bet - Bitcoin will not make a new all time high this February
Post by: hazek on February 15, 2013, 02:07:50 AM
Adam are you fine with me deciding the bet according to the GMT+1 time zone?
Mtgox last price at 0000 GMT+1

ok

Cool.


Title: Re: Adam's Bet - Bitcoin will not make a new all time high this February
Post by: proudhon on February 15, 2013, 02:24:48 AM
Adam will win.


Title: Re: Adam's Bet - Bitcoin will not make a new all time high this February
Post by: camolist on February 15, 2013, 02:26:41 AM
if you're still looking for more i'll do 1btc vs 1btc on this for fun.


Title: Re: Adam's Bet - Bitcoin will not make a new all time high this February
Post by: keewee on February 15, 2013, 02:35:50 AM
I can't believe I'm agreeing with proudhon, but there's likely to be an army of bears standing at the $30 line in my opinion


Title: Re: Adam's Bet - Bitcoin will not make a new all time high this February
Post by: deepceleron on February 15, 2013, 04:04:49 AM
There is a bet-of-bitcoin if any spectators want to play the home game:

http://betsofbitco.in/item?id=1233


Title: Re: Adam's Bet - Bitcoin will not make a new all time high this February
Post by: jl2012 on February 15, 2013, 04:24:09 AM
Code:
Address: 1FAhYh9ej5kbF2hXyp22tCzgWjb9cD8jvB
Message: I own this address
Signature: G2ATgBLUY2kSbdPhcaTbhGuOYYuzUxzZwcG500W0lOmQjUAYXvIj0oPxmGG05DRgE83/bp6cauwmyzOGFkAmuto=


Who is "I"? This proves nothing. Even something like "I am hazek of bitcoin.org" proves nothing because everyone can sign this message with their own address.

You need to sign a message like "hazek of bitcoin.org owns the address 1FAhYh9ej5kbF2hXyp22tCzgWjb9cD8jvB" with an independent, widely recognized public key of your own.


Title: Re: Adam's Bet - Bitcoin will not make a new all time high this February
Post by: dakiller on February 15, 2013, 05:27:49 AM
I can't believe I'm agreeing with proudhon, but there's likely to be an army of bears standing at the $30 line in my opinion
I thought the same at $20 and at $25, they just went by with minimal resistance. The big dip had to instill huge confidence for the time being as well. It'll be tested, but depending on how strong the reaction is, $30 could just float on by.


Title: Re: Adam's Bet - Bitcoin will not make a new all time high this February
Post by: creativex on February 15, 2013, 05:59:28 AM
Meh. Well February is a shortened month so that's a scant 14 days to pick up another 17%. Seems like a coin toss at this point, I'd not bet either way, but good luck.


Title: Re: Adam's Bet - Bitcoin will not make a new all time high this February
Post by: arklan on February 15, 2013, 06:47:54 AM
anyone want some popcorn?


Title: Re: Adam's Bet - Bitcoin will not make a new all time high this February
Post by: smoothie on February 15, 2013, 08:40:45 AM
this needs to go in the gambling section.


Title: Re: Adam's Bet - Bitcoin will not make a new all time high this February
Post by: solex on February 15, 2013, 09:08:40 AM
Meh. Well February is a shortened month so that's a scant 14 days to pick up another 17%. Seems like a coin toss at this point, I'd not bet either way, but good luck.

Well, ironically, the price swing was 17% yesterday!

Expect this bull-run to end in a humongous spike. I expect it will be enough to get the sellers at $32.002  ;D


Title: Re: Adam's Bet - Bitcoin will not make a new all time high this February
Post by: DoomDumas on February 16, 2013, 04:53:06 AM
There is a bet-of-bitcoin if any spectators want to play the home game:

http://betsofbitco.in/item?id=1233

Thanks, prefer this over the "forum way to bet" :) 


Title: Re: Adam's Bet - Bitcoin will not make a new all time high this February
Post by: notig on February 16, 2013, 05:15:39 AM
Let's assume for a second that the reddit news attracted more investors. How long do you think their money will be competing with the rest in the market and therefore drive up the price?


Title: Re: Adam's Bet - Bitcoin will not make a new all time high this February
Post by: adamstgBit on February 16, 2013, 07:02:15 AM
Let's assume for a second that the reddit news attracted more investors. How long do you think their money will be competing with the rest in the market and therefore drive up the price?

10 years to get the full effect  :P
more and more faster and faster, we are gaining momentum, BITCOIN 2020 think about it...  ;D


Title: Re: Adam's Bet - Bitcoin will not make a new all time high this February
Post by: lebing on February 16, 2013, 10:41:40 AM
For those interested in a more long term bet along the same lines - see the link in my sig.


Title: Re: Adam's Bet - Bitcoin will not make a new all time high this February
Post by: Vandroiy on February 16, 2013, 01:40:41 PM
I would say this is a decent deal for Adam. Can't tell the future, but trends don't usually become more stable the longer they run.

Note that this bet does not have 1:2 odds. If Adam wins, a coin will be valued less than if he loses. Given the volatility this is quite significant for the value of the bet.


Title: Re: Adam's Bet - Bitcoin will not make a new all time high this February
Post by: hazek on February 16, 2013, 03:28:40 PM
Note that this bet does not have 1:2 odds. If Adam wins, a coin will be valued less than if he loses. Given the volatility this is quite significant for the value of the bet.

Nice observation!


Title: Re: Adam's Bet - Bitcoin will not make a new all time high this February
Post by: Piper67 on February 17, 2013, 01:08:20 PM
Adam will win.

Damn, Adam had a chance until this happened  ;D


Title: Re: Adam's Bet - Bitcoin will not make a new all time high this February
Post by: adamstgBit on February 22, 2013, 10:16:18 PM
hey 

good bet! :D


Title: Re: Adam's Bet - Bitcoin will not make a new all time high this February
Post by: adamstgBit on February 22, 2013, 10:41:49 PM
heys guys do you now  http://bitbet.us/ (http://bitbet.us/) ? I want bet too. :-)

There is a similar bet-of-bitcoin
http://betsofbitco.in/item?id=1233


Title: Re: Adam's Bet - Bitcoin will not make a new all time high this February
Post by: Chalkbot on February 28, 2013, 12:42:09 AM
ruh-roh!


Title: Re: Adam's Bet - Bitcoin will not make a new all time high this February
Post by: NamelessOne on February 28, 2013, 12:43:16 AM
ruh-roh!

OOHH YEAA!!


Title: Re: Adam's Bet - Bitcoin will not make a new all time high this February
Post by: dree12 on February 28, 2013, 12:46:07 AM
Bet hasn't been won yet, as we're still under 32 USD as the bet purposes.

Edit: now we're at 32 USD. That was fast! Still not over though, so the bet stands.

Edit2: 32.1 now, so good game. It was close!


Title: Re: Adam's Bet - Bitcoin will not make a new all time high this February
Post by: dakiller on February 28, 2013, 12:47:09 AM
32.00000 just hit  :D


Title: Re: Adam's Bet - Bitcoin will not make a new all time high this February
Post by: hazek on February 28, 2013, 12:48:28 AM
GG.


Title: Re: Adam's Bet - Bitcoin will not make a new all time high this February
Post by: adamstgBit on February 28, 2013, 12:49:52 AM
Good times.

 :)
yup!


Title: Re: Adam's Bet - Bitcoin will not make a new all time high this February
Post by: Chalkbot on February 28, 2013, 12:50:11 AM
I like to think that someone just spent a million dollars just to make Adam lose this bet.


Title: Re: Adam's Bet - Bitcoin will not make a new all time high this February
Post by: Odalv on February 28, 2013, 12:51:06 AM
$32,30


Title: Re: Adam's Bet - Bitcoin will not make a new all time high this February
Post by: purefusion on February 28, 2013, 12:52:05 AM
In the words of Randy Savage: "Boooom Bay-bay!!!"

Onwards to $64!


Title: Re: Adam's Bet - Bitcoin will not make a new all time high this February
Post by: cypherdoc on February 28, 2013, 12:52:35 AM
was in the car when it hit:   BOOYAH!

so sorry Adam.


Title: Re: Adam's Bet - Bitcoin will not make a new all time high this February
Post by: wachtwoord on February 28, 2013, 12:54:31 AM
I like to think that someone just spent a million dollars just to make Adam lose this bet.

First thing that crossed my mind as well   :D


Title: Re: Adam's Bet - Bitcoin will not make a new all time high this February
Post by: hazek on February 28, 2013, 12:54:42 AM
so sorry Adam.

It was pretty close and looked like was going to make it, but no cigar after all.  :D


Title: Re: Adam's Bet - Bitcoin will not make a new all time high this February
Post by: hazek on February 28, 2013, 12:57:05 AM
Coins sent. 1M36MzZWrTGM9YpwGQFAv6h6VFubU5JZAc

Thanks, Hazek.

You're both welcome. I have a reminder setup to check this thread on the 1st of March at 12:00am GMT+1 and that's when I'll decide who won. I guess we didn't decided on the time zone, are there any objections to GMT+1?


Bitcoins sent: https://blockchain.info/tx/731c4ffd2b86f4db437d4360af02e256738ec914ffda7a07bfa43c2dd6b6ebe9


Title: Re: Adam's Bet - Bitcoin will not make a new all time high this February
Post by: cypherdoc on February 28, 2013, 12:58:45 AM
so sorry Adam.

It was pretty close and looked like was going to make it, but no cigar after all.  :D

it's his destiny.

to be the symbol of the Bear movement.


Title: Re: Adam's Bet - Bitcoin will not make a new all time high this February
Post by: adamstgBit on February 28, 2013, 01:00:41 AM
*looks at charts, looks at threads, speechless*
 :)


Title: Re: Adam's Bet - Bitcoin will not make a new all time high this February
Post by: hazek on February 28, 2013, 01:00:44 AM
Coins sent. 1M36MzZWrTGM9YpwGQFAv6h6VFubU5JZAc

Thanks, Hazek.

You're both welcome. I have a reminder setup to check this thread on the 1st of March at 12:00am GMT+1 and that's when I'll decide who won. I guess we didn't decided on the time zone, are there any objections to GMT+1?


Bitcoins sent: https://blockchain.info/tx/731c4ffd2b86f4db437d4360af02e256738ec914ffda7a07bfa43c2dd6b6ebe9
Thanks!

No problem.


Title: Re: Adam's Bet - Bitcoin will not make a new all time high this February
Post by: iCEBREAKER on February 28, 2013, 01:07:27 AM
Adamstgbit bets 1BTC

https://i.imgur.com/5pwitmx.jpg


Title: Re: Adam's Bet - Bitcoin will not make a new all time high this February
Post by: Third Way on February 28, 2013, 01:11:26 AM
So, who bet with adam?


Title: Re: Adam's Bet - Bitcoin will not make a new all time high this February
Post by: Un zafado cualquiera on February 28, 2013, 04:58:03 AM
sooo, who is the next?


Title: Re: Adam's Bet - Bitcoin will not make a new all time high this February
Post by: KTE on February 28, 2013, 10:19:56 AM
Bitcoin going over 100 by end of year?


Title: Re: Adam's Bet - Bitcoin will not make a new all time high this February
Post by: Herodes on February 28, 2013, 01:35:26 PM
close call Adam