A bet on the future difficulty level

[CydeWeys]

You could have just described this as an over-under bet at a difficulty of 430,000 with you taking the under and the other taking the over.

Well yes, that's what it is.  But it adds some flavor to see the reasoning behind the derivation of the 430,000 figure as well.

[1715138950]

1715138950

[1715138950]

1715138950

[k]

 it looks like you're going to win CydeWeys. I'm thinking it'll come in ~436000 now

[CydeWeys]

I should've taken that bet with you Kirian, then I would've made another 1 BTC 

[k]

lucky for me.

[bcpokey]

427,000 with 177 blocks left to go, this is fun. I'm betting cyde will win but it will be close either way

[Quantumplation]

I first read this as you betting 500,000 and 360,000 bitcoins and choked on my drink.

[minerX]

It just hit 16 blocks per hour.  But I doubt it will be enough to move the average.  I'm guessing 450k difficulty.  But I wouldn't be surprised if it's higher.

[k]

434882.7217497

well done CydeWeys. Very close in the end.

[CydeWeys]

Thanks to black8, who graciously admitted defeat and sent the payment: http://blockexplorer.com/tx/caccaad9800a8ffc2284d7986904b30c5e37af0aa08890bf449853803d2b4665

Now, for my next bet ... 

[bcpokey]

Grats to Cyde, who beat all the odds!

Keep the betting going, it was interesting while it lasted