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Alternate cryptocurrencies => Marketplace (Altcoins) => Topic started by: TimtheYoutuber on April 30, 2018, 02:21:24 AM



Title: Bet against my portfolio
Post by: TimtheYoutuber on April 30, 2018, 02:21:24 AM
Please read everything carefully so that we don't have any confusion.

I want to bet $100 in ETH that my coin will do better in 7-30 days than yours.

So if you are interested I would like 1 other person to bet against me.


The betting will go at a $1k valuation.

Ex: Player 1 picks X coin and in 7 days it goes 10%

Player 2 picks XX coin and in 7 days it goes 8%.

The difference between the 2 is 2% which at a $1k valuation is $20.

There is a cap of $100 on the bet, and $20 is less so it doesn't get filled completely.

Player 1 gets $20 from player 2 in ETH.

Or
Ex: Player 1 picks X coin and in 7 days it goes -8%
Player 2 picks XX coin and in 7 days it goes -10%


The difference between the 2 is 2% which at a $1k valuation is $20.

There is a cap of $100 on the bet, and $20 is less so it doesnt get filled completely.

Player 2 pays player 1 $20.


Basically, all of the coins will be locked in at the price of Coinmarketcap unless our coins are on the same exchange then we can work it out from there. The coin picked must be on the top 100 of coinmarketcap.



This is how it will go down:

We will lock in a bet of $100 in terms of ETH. Then from that we can see the USD value.

Example: 1 ETH = $100. If player 1 owes player 2 $20 then regardless of the price of ETH, player 1 will give .2 ETH.



We will be using EST time zones and will do 7 days exactly from the time.




So now you verge investors can put your money where your mouth is ;)





Let me know if there is any problems with this.


Title: Re: Bet against my portfolio
Post by: AdolfinWolf on April 30, 2018, 05:23:52 PM
Someone has to want to bet me.

Depends.

What coin are you choosing, and what should the minimum volume of said coin be?

I can easily choose a coin that has like 30$ volume and 10k marketcap, then pump it 5000%, and win. Seems pretty unfair to me.

(And i also think this is your strategy, since you seem overly confident that you're going to win.(?))


Title: Re: Bet against my portfolio
Post by: TimtheYoutuber on April 30, 2018, 10:04:21 PM
Someone has to want to bet me.

Depends.

What coin are you choosing, and what should the minimum volume of said coin be?

I can easily choose a coin that has like 30$ volume and 10k marketcap, then pump it 5000%, and win. Seems pretty unfair to me.

(And i also think this is your strategy, since you seem overly confident that you're going to win.(?))

I stated that it has to be in the top 100. We could make it top 50 if you want. We can do a $1m minimal market cap as well. Its $100... I am not betting my life on it lol


Title: Re: Bet against my portfolio
Post by: stomachgrowls on April 30, 2018, 11:27:20 PM
Someone has to want to bet me.

Depends.

What coin are you choosing, and what should the minimum volume of said coin be?

I can easily choose a coin that has like 30$ volume and 10k marketcap, then pump it 5000%, and win. Seems pretty unfair to me.

(And i also think this is your strategy, since you seem overly confident that you're going to win.(?))

I stated that it has to be in the top 100. We could make it top 50 if you want. We can do a $1m minimal market cap as well. Its $100... I am not betting my life on it lol
Top 100 would do or much better even going for top 10 is good yet we are just talking percentage here depending on the growth.The winner would always be on the nearest percentage on due time.
This would be good but its much better if funds are held even though its small but you can assure that other person would pay you up.  :D


Title: Re: Bet against my portfolio
Post by: TimtheYoutuber on April 30, 2018, 11:41:54 PM

Top 100 would do or much better even going for top 10 is good yet we are just talking percentage here depending on the growth.The winner would always be on the nearest percentage on due time.
This would be good but its much better if funds are held even though its small but you can assure that other person would pay you up.  :D

I am good for the $100 bet lol

But yeah, I think this is a cool idea and hopefully, people become interested in it. Its obviously a gamble but more fun imo than slots or sports. The terms are fair and I think it could be a fun game. I am hoping to find someone soon.


Title: Re: Bet against my portfolio
Post by: pinoyrichkids on May 05, 2018, 10:23:21 PM
Well, good luck to the game, i don't have cash right now for that, feel free to update here whoever wins in your game, id love to see the results who will be the winner in that game, and its hard for me to generate any cash right now, because of some family needs and matters that needs my attention. Oh god, thanks to bitcointalk i am using my free time to scan here and get some valuable information.

Have a nice day


Title: Re: Bet against my portfolio
Post by: TimtheYoutuber on May 06, 2018, 08:52:59 PM
Well, good luck to the game, i don't have cash right now for that, feel free to update here whoever wins in your game, id love to see the results who will be the winner in that game, and its hard for me to generate any cash right now, because of some family needs and matters that needs my attention. Oh god, thanks to bitcointalk i am using my free time to scan here and get some valuable information.

Have a nice day

Haha for sure man :) Yeah defiantly don't gamble what you cant afford to lose, and it is certainly more important to work with family needs. I have a lot of threads that you might be interested in, 101's etc.




Anyone else interested?


Title: Re: Bet against my portfolio
Post by: userghost on May 09, 2018, 04:35:54 AM
Edit


Title: Re: Bet against my portfolio
Post by: TimtheYoutuber on May 12, 2018, 03:47:44 PM
Edit

Edit

I can lower it to $50 if people seriously won't bet $100.


Title: Re: Bet against my portfolio
Post by: TimtheYoutuber on August 14, 2018, 10:48:33 PM
Still would like to make a bet, especially since the market is down. Would be cool to see what coin recovers the fastest.