Elwar (OP)
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Merit: 2384
Viva Ut Vivas
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April 20, 2013, 03:33:03 AM |
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Do you believe Bitcoin will rise while the dollar falls? If so, the price of bitcoin reaching $10,000 by the end of 2016 is not that huge of a leap (1000+% gains on average for the past 4 years means over $10k/BTC by 2015). If you bet just .5 BTC (about $60 at current rates) on this: http://betsofbitco.in/item?id=1532it is like an investment in your future. When the bet is won, you will likely at least double your money since so many people believe it will not reach $10,000. So if you win you will get back at least $10k worth of bitcoins. If you lose, you are out 60 bucks. And the earlier you bet, the larger the cut of the winnings you receive. So betting now will give you more than those that wait. Easy money. |
First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin. |
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I HATE TABLES I HATE TABLES I HA(╯°□°）╯︵ ┻━┻ TABLES I HATE TABLES I HATE TABLES
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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paraipan
In memoriam
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Activity: 924
Merit: 1004
Firstbits: 1pirata
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April 20, 2013, 03:37:39 AM |
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Event date: Dec. 31, 2016 end of day Eastern Time  Reward will halve in ~1304 days/Nov-14-2016
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BTCitcoin: An Idea Worth Saving - Q&A with bitcoins on rugatu.com - Check my rep
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TsuyokuNaritai
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April 20, 2013, 03:40:57 AM |
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You're assuming a 100% likelihood that betsofbitco.in will still be there in 2015.
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Birdy
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April 20, 2013, 03:51:17 AM
Last edit: April 20, 2013, 04:31:43 AM by Birdy |
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Or you could just buy 0.5 Bitcoints and have $5000 without having to to add additional risk of trusting it to some betting site.
Furthermore you are also winning if it just gains a little bit, instead of losing the amount.
Conclusion: If you take this bet, you are just stupid. Q.E.D.
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Le Happy Merchant
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April 20, 2013, 04:10:02 AM |
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Or you could just buy 0.5 Bitcoints and have $5000 without having to to add additional risk of trusting ot to some betting site.
Furthermore you are also winning if it just gains a little bit, instead of losing the amount.
Conclusion: If you take this bet, you are just stupid. Q.E.D.
Quoted. Be back in 2017 to see what happened. |
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seleme
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Activity: 2772
Merit: 1028
Duelbits.com
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April 20, 2013, 04:18:32 AM |
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Cluster2k
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Merit: 1018
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April 20, 2013, 04:19:00 AM |
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it is like an investment in your future. When the bet is won, you will likely at least double your money since so many people believe it will not reach $10,000.
"When the bet is won"? You mean, IF the bet is won. There are very few sure bets in life. Probably around 3 or 4 at the most. |
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Matthew N. Wright
Untrustworthy
Hero Member
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Activity: 588
Merit: 500
Hero VIP ultra official trusted super staff puppet
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April 20, 2013, 04:20:18 AM |
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Or you could just buy 0.5 Bitcoints and have $5000 without having to to add additional risk of trusting ot to some betting site.
Furthermore you are also winning if it just gains a little bit, instead of losing the amount.
Conclusion: If you take this bet, you are just stupid. Q.E.D.
This little birdy is more like a wise owl. |
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Birdy
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April 20, 2013, 04:27:43 AM
Last edit: April 20, 2013, 04:58:15 AM by Birdy |
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Or you could just buy 0.5 Bitcoints and have $5000 without having to to add additional risk of trusting ot to some betting site.
Furthermore you are also winning if it just gains a little bit, instead of losing the amount.
Conclusion: If you take this bet, you are just stupid. Q.E.D.
Quoted. Be back in 2017 to see what happened. This is not my prediction of it being $5000, this is just my proof of this bet being stupid: The OP wants to get us into this bet: When the site is still up and the price for BCs is $10.000-> you have $10.000 (aka doubled your bet) When the site is down and the price for BCs is $10.000-> you have $0 (total loss) When Bcs are worth less -> you have $0 (total loss) If you just leave your 0.5 in your pocket: When BCs are worth $10000 -> you have $5000 When BCs are worth $61-$9999 -> you still made a fine win When BCs are worth less -> at least you have still something The bet would double your stakes for a chance of way less than 50% and a long waiting time (years). You are better off playing Sathoshi Dice with that sum than taking the bet. Even playing in a casino would be. |
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adamstgBit
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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April 20, 2013, 04:30:21 AM |
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You're assuming a 100% likelihood that betsofbitco.in will still be there in 2015.
Maybe betsofbitco.in is profitable? and might want to stay in business for as long as possible... |
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randrace
Sr. Member
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Activity: 329
Merit: 250
LTC -> BTC -> Silver!
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April 20, 2013, 04:33:21 AM |
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You're assuming a 100% likelihood that betsofbitco.in will still be there in 2015.
Or that they will have the ability to transfer the funds to my PupilWallet®. |
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TsuyokuNaritai
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April 20, 2013, 04:43:55 AM |
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You're assuming a 100% likelihood that betsofbitco.in will still be there in 2015.
Maybe betsofbitco.in is profitable? and might want to stay in business for as long as possible... Maybe Bitcoin isn't a land where all profits are secure, all wishes come true and dreams aren't regularly crushed into monstrous nightmares at the worst possible time under the mocking heel of terrible fate. |
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checkers6676
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April 20, 2013, 04:52:54 AM |
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Maybe Bitcoin isn't a land where all profits are secure, all wishes come true and dreams aren't regularly crushed into monstrous nightmares at the worst possible time under the mocking heel of terrible fate.
So much for going to sleep tonight.. |
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darkmule
Legendary
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Activity: 1176
Merit: 1005
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April 20, 2013, 05:17:09 AM |
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Do you believe Bitcoin will rise while the dollar falls? If so, the price of bitcoin reaching $10,000 by the end of 2016 is not that huge of a leap (1000+% gains on average for the past 4 years means over $10k/BTC by 2015). If you bet just .5 BTC (about $60 at current rates) on this: http://betsofbitco.in/item?id=1532I don't trust that scam site. |
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Bitsaurus
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April 20, 2013, 05:37:31 AM |
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If it is going up 100x then it would be better to just buy 1BTC as noted above.
That betting site is scammy
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evolve
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April 20, 2013, 05:41:17 AM |
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This is not my prediction of it being $5000, this is just my proof of this bet being stupid:
The OP wants to get us into this bet:
When the site is still up and the price for BCs is $10.000-> you have $10.000 (aka doubled your bet)
When the site is down and the price for BCs is $10.000-> you have $0 (total loss)
When Bcs are worth less -> you have $0 (total loss)
If you just leave your 0.5 in your pocket:
When BCs are worth $10000 -> you have $5000
When BCs are worth $61-$9999 -> you still made a fine win
When BCs are worth less -> at least you have still something
The bet would double your stakes for a chance of way less than 50% and a long waiting time (years).
You are better off playing Sathoshi Dice with that sum than taking the bet. Even playing in a casino would be.
This. It's a bad bet. It seems like every week a new poorly conceived bet pops up in the speculation forum.  |
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FinShaggy
Full Member
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Activity: 196
Merit: 100
Google/YouTube
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April 20, 2013, 05:54:36 AM |
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What happens when the blocks dry up and BitCoin can no longer be transferred.
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If everyone is thinking outside the box, there is a new box.
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Ares
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April 20, 2013, 05:58:56 AM |
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I believe the person who makes the bet gets like 5% of all profits, win or lose.
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Faraday
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April 20, 2013, 06:17:31 AM |
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