Bitcoin Forum

Economy => Securities => Topic started by: DarkEmi on August 19, 2013, 12:07:44 PM



Title: BTC Oracle - binary options trading - provably fair
Post by: DarkEmi on August 19, 2013, 12:07:44 PM
Can you predict where the bitcoin price is going ?

Now you can bet on it at www.btcoracle.com ! The leading bitcoins binary options platform 100% operating in bitcoins.

- No account required
- Completely provably fair (all timestamp and prices can be easilly verified)
- Almost instant betting

There has been more than 400 bitcoins won so far with some players earning more than 20 bitcoins in net profit !

We have been running for 3 months now without any major issues.

Try it now !


Title: Re: BTC Oracle - binary options trading - provably fair
Post by: statdude on August 20, 2013, 02:37:34 AM
I can vouch, this is a great site!


Title: Re: BTC Oracle - binary options trading - provably fair
Post by: DarkEmi on August 20, 2013, 11:10:59 AM
Thanks for your kind words sir ;)


Title: Re: BTC Oracle - binary options trading - provably fair
Post by: ksteve96 on August 21, 2013, 03:51:51 PM
Couple questions for you :)

What do the colors on the multiplier mean? (red/green) I don't see an explanation.  
More importantly, in the FAQ it mentions clicking something to check what price was attributed to your bet, but I don't see what to click.  Also, the picture referenced in the answer is missing.

Threw .05 @ up/15min, willing to do more once I understand how to check.

Edit:
Oh I see it. I think the FAQ got me confused, there is no link needing to be clicked; just need to scroll down.


Title: Re: BTC Oracle - binary options trading - provably fair
Post by: DarkEmi on August 21, 2013, 07:09:29 PM
Couple questions for you :)

What do the colors on the multiplier mean? (red/green) I don't see an explanation.  
More importantly, in the FAQ it mentions clicking something to check what price was attributed to your bet, but I don't see what to click.  Also, the picture referenced in the answer is missing.

Threw .05 @ up/15min, willing to do more once I understand how to check.

Edit:
Oh I see it. I think the FAQ got me confused, there is no link needing to be clicked; just need to scroll down.

The color on the multiplier have a tooltip when you mouse over : basically green is what we consider good odds for our customer, and red are very bad odds that we don't suggest.

The red odds are really bad because they are usually in bets that people can easilly abuse and manipulate the market : for example our top players have like 80%+ winrate in 15 minutes bets. So thats why the odds are only around 1.30 for 15 minutes position.

Thats also why we suggest "green odds", those are the one that are fair because they are hardly abusable (like betting on a few days or more). Of couse we want to keep the freedom for our users to play on 15 minutes if they like to do so even with very bad odds, but the color is there as a warning.

There should be a link on almost anything regarding a bet, for example :
clicking on the price bring on the mtgox data api corresponding to this price
clicking on the amount bet bring on the blockchain.info where there is the timestamp for the bets
etc.