The price of bitcoin will be exchanged for $1000 USD or more at any time before 12:00am January 1st, 2015. It need not hold for any period of time, bet closes as soon as it hits $1000 or at the end of the time period.
In the event that MtGox does not exist anymore, the site moderator here at betsofbitco.in will determine which exchange's data we use
http://betsofbitco.in/item?id=13771.50
BTC for and 2.50
BTC against.
Ok so If I bet 2.5 on against how much do I get if I win? I am quite new to the betting system you are offering..
It is not calculable because other people might bet tomorrow and the amount you win would change but there is a relation between the amount you bet and the how early you bet. Some one betting today will get considerably more money than someone betting on november next year. 50% of earnings are calculated depending on how much you bet and 50% on how early you bet.
The system is really weird, can you explain more in detail how much I would get if I bet now on against?
