Bitcoin Forum

Hello guys,

I am just posting to let you know that we recently started a new service, BTCOracle, that allow to bet on the price of bitcoin.
So far only for 3 hours.

We would be very happy if you tried :) We welcome all feedback !

http://btcoracle.com/

Regards,

Hi guys,

We added a set of new tools to help players check their bets and the data we use to determine if a bet is a win or not !

Also we added nice charts to show addresses betting history.

Please have a look and tell us what you think !

Hello guys, we just did a major update with all of the following :

We have just proceeded to a major upgrade including the following changes :

Added 2 new time frames : 15 minutes and 1 day
Improved leaderboard
Improved address selection system
Added Coinbase support
Added live chat
Added history page
Improved FAQ

www.btcoracle.com

Tell us what you think :-)

If a bet is correct, where does the money come from? Your reserve? Do you place any orders out to market?

The money comes from our reserves.

We don't place bets into the market - that would be "cheating" or whatever you would call it.
However, players can do so as we have no way to monitor it so we just accept this eventuality and go with it.

Why you posted it to "Speculation"? Did you read rules?

From the rules :

"services related to speculation may be discussed here."

So I figured this was fine.