How it works
1. Bet an amount of bitcoins on one of the pricing tiers. You can either pay now, or if you have sufficient rep and don't trust me you can reply stating your bet and that you will pay later. If you do not, a thread will be posted in scammer accusations. Only people with rep can participate without sending coins first.
2. Wait till Jan 1st 2013 rolls around (Australian Time). The exact "Last price:" at that time will be used. If it is close (ie bordering between two times) and there's enough interest I'll livestream it.
3. People who bet on the correct tier gets the coins minus a 5% fee. Yes, it's a LOT smaller than bets of bitcoin, and there's more tiers to choose from.
Tiers
All values are in USD:
<$8/BTC: 0btc
$8 to $8.99/BTC: 0btc
$9 to $9.99/BTC: 0btc
$10 to $10.99/BTC: 0btc
$11 to $11.99/BTC: 0btc
$12 to $12.99/BTC: 0btc
$13 to $13.99/BTC: 0btc
$14 to $14.99/BTC: 0btc
$15 to $15.99/BTC: 0btc
>$16/BTC: 0btc
If you want to participate, reply here or PM me and I'll send you a special deposit address. You'll need to give me a return wallet too. If you don't give me one, I will send it back where it came from. Your funds will be stored and left untouched until Jan 1st when I distribute the price to winners.
Why not just make one address for each and post all the addresses in the thread? I ask because people might want to bet but remain anonymous. I should be able to bet now by choosing an address associated with a tier and then you just send the rewards back if I win.
