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Author Topic: Betting on bitcoin prize  (Read 807 times)
Arnoshtek
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August 29, 2017, 12:20:35 PM
 #1

Hello guys, I have created simple web where you can bet your bitcoin predictions. I saw many people always saying "hey, btc will cost in a week XXXX dollars" and other guys were against saying "No, it will cost
YYYY dollars". So now everyone can try his own guesses against other ones with my website http://bitstampguess.com/ What is your opinion about that?
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August 30, 2017, 12:13:40 AM
 #2

To make prediction for 5 days? This is really takes time, more over is there anyone willing to put their money and stuck it without knowing what is the outcome? I do not think so. First, people do not want to play in this kind of game mean while they can earn profit everyday from trading. Second, people can't do anything much with their money stuck on your site and they do not even know about the outcome unless they can get it right (which is impossible)

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August 30, 2017, 07:32:10 AM
 #3

I think your concept is very unique, But why take a long time just for betting? Of course the people can be bored to wait result. If you reduce it, i want to try my luck in your site.

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August 30, 2017, 07:57:08 AM
 #4

i think its more of a trust issue! your a newbie and ask for people to send BTC to you ... this just sounds really hinky to me
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August 30, 2017, 08:32:59 AM
 #5

i think its more of a trust issue! your a newbie and ask for people to send BTC to you ... this just sounds really hinky to me
Yes, it's more of a trust, but Op has thought in a better way about the market needs. Maybe the user will profit big if the concept gets an real implementation opportunity and function with legitimacy. The price of bitcoin is always fluctuating which paves path for successful growth.

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August 30, 2017, 09:26:41 AM
 #6

This very complicated to predict the payout ... i don't know it's possible to find good payout for the difficultes of this offers...

But GL with your project, it's interesting
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August 30, 2017, 10:02:44 AM
 #7

I am sure I am not gonna bet on your site. first you're newbie and you no trust level and second  I don't want to stuck my bitcoin for weeks.
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August 30, 2017, 11:54:28 AM
 #8

Hello guys, I have created simple web where you can bet your bitcoin predictions. I saw many people always saying "hey, btc will cost in a week XXXX dollars" and other guys were against saying "No, it will cost
YYYY dollars". So now everyone can try his own guesses against other ones with my website http://bitstampguess.com/ What is your opinion about that?

Your site is good looking one and I like your concept. Why I think that no one will bet on your site right now it is because you are asking for $4.5 which is not nothing but how can we be sure that your game is fair? You should earn a good reputation first and only after that you can expect people to bet $4.5 worth of Bitcoin on your site.

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August 30, 2017, 12:13:53 PM
 #9

I think this site could be a pretty good idea if you're not a newbie and have high level of trust level. Even though, guess-er will have to have for 5 days ? That is quite long, at least to me, for who submit to guess. Also i think the winning fee is quite high, isn't it ? Reduce it to attract more people to have more interest in your site and guessing game because they won't have to wait for those days to have back quite few btc. They deserve more for those 5 days man !
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August 30, 2017, 12:25:11 PM
 #10

Hello guys, I have created simple web where you can bet your bitcoin predictions. I saw many people always saying "hey, btc will cost in a week XXXX dollars" and other guys were against saying "No, it will cost
YYYY dollars". So now everyone can try his own guesses against other ones with my website http://bitstampguess.com/ What is your opinion about that?
Even though the site is well designed but i do have still some doubts. Even though the primary bet is small amount but its still money and its not really worth to be given on random guy in the internet. Smiley Every 6 days predictions would be good  but knowing the results would happen once a month seems very too long too wait. Why would not create on hourly based?? so that there would be fast results too and would like to ask how to view for those people who did join? there are lots of question boggling on my mind.


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August 30, 2017, 01:24:43 PM
 #11

Hello guys, I have created simple web where you can bet your bitcoin predictions. I saw many people always saying "hey, btc will cost in a week XXXX dollars" and other guys were against saying "No, it will cost
YYYY dollars". So now everyone can try his own guesses against other ones with my website http://bitstampguess.com/ What is your opinion about that?
Bitcoin prize? shouldn't it be price(in title)? your site is good and all, (no offence) but no one will use it. as far as i know there was an ico(stox) which collected over $30 mil to build a prediction platform, people will use stox, we can create our own predictions etc..
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August 30, 2017, 01:36:06 PM
 #12

To make prediction for 5 days? This is really takes time, more over is there anyone willing to put their money and stuck it without knowing what is the outcome? I do not think so. First, people do not want to play in this kind of game mean while they can earn profit everyday from trading. Second, people can't do anything much with their money stuck on your site and they do not even know about the outcome unless they can get it right (which is impossible)
I think 5 days is realistic time for this game because the winner will got the money from total bets and the site only take 5% for fee. I know what you mean but trade it's different, in trading you can't win huge money by use a little money.

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August 30, 2017, 04:36:08 PM
 #13

Hello guys, I have created simple web where you can bet your bitcoin predictions. I saw many people always saying "hey, btc will cost in a week XXXX dollars" and other guys were against saying "No, it will cost
YYYY dollars". So now everyone can try his own guesses against other ones with my website http://bitstampguess.com/ What is your opinion about that?

Op, I don't see anybody depositing to play as it might not be safe to do so. You have to do more than post a thread on this forum o build trust in your product. Good luck.
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August 30, 2017, 04:37:48 PM
 #14

Its a great idea, but a newbie account using non https, site looks very cheaply made, what is preventing you from running off with all the coins?
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August 30, 2017, 04:39:05 PM
 #15

I think your concept is very unique, But why take a long time just for betting? Of course the people can be bored to wait result. If you reduce it, i want to try my luck in your site.

secondstrade a site related to forex pairs, has literally suffered a sort of trick, because some one was capable to move the market for short period of time (1 minute - 60 minutes). While they influence the btc price, they can get an huge amount of money from secondstrade. This is why they are actually closed. And this is why is very risky use short frame of time for btc betting prediction.

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August 30, 2017, 04:41:34 PM
 #16

Hello guys, I have created simple web where you can bet your bitcoin predictions. I saw many people always saying "hey, btc will cost in a week XXXX dollars" and other guys were against saying "No, it will cost
YYYY dollars". So now everyone can try his own guesses against other ones with my website http://bitstampguess.com/ What is your opinion about that?

I not sure this will work. First why bet on your site, when users can just trade, if they want to predict BTC price movement. Second we have no idea how much we will win on your site, we don't even know the other users guesses, so how can we be sure that we are not being scammed? Finally, this looks even more hard than trade. When we are trading we can always close our position if you see that we are wrong, and we can still make some profit or cut down our losses. On your site we make a bet, that's the same as opening a position in trading, and we are stuck with it until the end.

I wish you good luck, but for those reasons, I don't see me betting on your site. Maybe if solve some of those things that are issues to me, I might do it.

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August 31, 2017, 06:30:26 AM
 #17

if you want people to take your site and you seriously,change the name of the topic
it should read priCe,not priZe
there are places where one can wager on what the bitcoin price shall be,but if you can offer a simple and fast way to do so,your site might take off

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August 31, 2017, 08:32:17 AM
 #18

Check at fairlay.com they have a few markets like this:

https://www.screencast.com/t/kOGhWi7x
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August 31, 2017, 11:02:13 AM
 #19

LOL. what is fun is that OP is going to do this manually! Checked the site and this the worst attempt at creating a gambling site. Yeah the idea is a bit unique and novel but the execution is totally where it failed to live it up. Another problem that others have pointed out is the lack of trust with op. I don't think anyone will even place a bet here.

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August 31, 2017, 11:21:32 AM
 #20

I like the idea, but processing bets manually? And yeh, why should I trust OP in this? Sending some bitcoin to a random address and hoping it will work out good? Nah, that's too risky for me.

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