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Author Topic: CoinPrize.com | Win LOTS of Bitcoins in NASDAQ stock forecast!  (Read 1498 times)
coinprize (OP)
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Invest NASDAQ in Bitcoin


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August 16, 2013, 12:14:28 AM
Last edit: August 16, 2013, 02:13:01 AM by coinprize
 #1

Just want to mention the new binary option service https://coinprize.com, for details, have a look at the videos in here:


Hi Bitcoiners,
 
I'm proud to announce my exciting website, CoinPrize.com -- a NASDAQ stock-betting game using bitcoins. All data comes from Yahoo Finance that makes it quite different from many casino games. I would say https://coinprize.com is the fairest game, simply because it solely depends on the NASDAQ data, no server side generated randomness involved, completely provably fair for all players.

It’s also different from casino games because you’re not betting against the host. Instead, you’re betting with the other players who make opposite choices to yours. That means the more people who are betting against you, the more you can win. So invite your friends, and spread the words!

Here’s how it works: For each betting round, given the last close price available at the moment you played, you bet increase or decrease on the close price of the given forecasting date. If the close price of forecasting date is higher or lower than the last close price just like what you predicted, you win.


Pretty much like satoshidice.com, you don't need to register for an account to play and bitcoins are sent back to the original input address when you win. Just start your bitcoin wallet -- let's say bitcoin-qt, for example -- copy the address you are betting on -- say, you bet on GOOG to grow -- then copy the address under the green label "grow address" -- and enter the amount of BTC that you want to bet and send it to that address. There’s a minimum bet of 0.1 BTC and no max bet. The more you bet, of course, the more you win in proportion to the total amount bet by the opposite participants in relation to all winners. Like we said, you win more when more people are betting against you.



Here’s more about the rules:
  • Winning a forecast round means the forecast close price rise or fall as what you predicted, and the absolute value of the forecast close  price minus the based close price is larger than $0.01. But if the absolute value is less than or equal to $0.01, host wins. To write it in formula: If |forecast_close_price - base_close_price| > $0.01 you or your opponents wins. If |forecast_close_price - base_close_price| <= $0.01, host wins.
  • The minimum bet is 0.1 BTC. Any input that is less than this amount will be returned during that transaction’s payout time. This may take more than 24 hours but less than 48 hours, depending on the time the transaction is being received during the entire betting day.
  • There's no maximum bet. The more you bet, the more you win in proportion to the total amount bet by the opposite participants in relation to all winners. If no one bet against you when betting day is closed, you get all your bitcoins back.
  • CoinPrize.com as the host will share 19 percent of your winnings excluding your original bet. If you bet 0.3 BTC and have won 1.0 BTC, for example, then you will get 0.3 + 0.81 BTC -- or 1.11 BTC total.


We totally understand that using your NATIVE LANGUAGE is your preference,  That's why coinprize.com has supported 12 LANGUAGES to cover most of the world population, and we are continuously adding new languages and feature to different countries and languages.


What if you have questions? There's bunch of ways that you can reach our execellent support team:
  • Email: just send any questions to stock [at] coinprize [dot] com, and we will give you a reply quickly.
  • ChatRoom: http://tinychat.com/coinprize You can not only talk to our support team, but also we created a chat room where you can chat with other players as well!
  • Google+: https://plus.google.com/107754003037008940330/posts Follow us on Google+ and get connected!
  • Skype: skype:coinprize.com, Skype number if you prefer instant messaging.


Enjoy the game and get rich faster!

According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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inspiredinvestor
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August 16, 2013, 12:24:43 AM
 #2

interesting, looks nice
why the Nasdaq (volume? a contrast to bitcoin?) would you do this at some point with a bitcoin exchange?

███        WEBSITE      SLACK      ANN THREAD         ███
████     FACEBOOK      TWITTER      EXPLORER     ████

▬▬▬  JOIN OUR ICO   From March 1st, 2018  ▬▬▬
coinprize (OP)
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August 16, 2013, 01:01:12 AM
 #3

interesting, looks nice
why the Nasdaq (volume? a contrast to bitcoin?) would you do this at some point with a bitcoin exchange?

Yes, we have plans adding bitcoin exchange and stocks from other countries like UK, JP and China or even europe.

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August 16, 2013, 01:04:20 AM
 #4

cool good to hear.
looks fun!

███        WEBSITE      SLACK      ANN THREAD         ███
████     FACEBOOK      TWITTER      EXPLORER     ████

▬▬▬  JOIN OUR ICO   From March 1st, 2018  ▬▬▬
coinprize (OP)
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August 16, 2013, 01:17:42 AM
 #5

cool good to hear.
looks fun!

Thanks, we are also continuously developing new features, to get inform, follow us on Google+ or facebook, or if you have any other questions, just send us an email at stock (at) coinprize [dot] com

 Wink

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August 17, 2013, 05:01:13 PM
 #6

interesting, looks nice
why the Nasdaq (volume? a contrast to bitcoin?) would you do this at some point with a bitcoin exchange?

Yes, we have plans adding bitcoin exchange and stocks from other countries like UK, JP and China or even europe.
Last time i checked UK was located in Europe...
Maby you mean other European country's to ?

coinprize (OP)
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August 18, 2013, 02:53:24 PM
 #7

interesting, looks nice
why the Nasdaq (volume? a contrast to bitcoin?) would you do this at some point with a bitcoin exchange?

Yes, we have plans adding bitcoin exchange and stocks from other countries like UK, JP and China or even europe.
Last time i checked UK was located in Europe...
Maby you mean other European country's to ?

UK is located in UK but UK is also separated from the mainland by ocean, isn't it?

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August 18, 2013, 03:10:34 PM
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So is your yahoo finance data delayed by 15 minutes or is it real time?
coinprize (OP)
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Invest NASDAQ in Bitcoin


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August 18, 2013, 03:21:17 PM
 #9

So is your yahoo finance data delayed by 15 minutes or is it real time?

CoinPrize binary option only utilize the close price of trading days, and you are investing with other player that choose the opposite prediction as you, the platform gives both sides one day to accumulate more players get involved, and winners gets all bitcoins from the failed opposite players.
Here’s how it works: For each round, given the last close price available at the moment you played, you predict increase or decrease on the close price of the given forecasting date. If the close price of forecasting date is higher or lower than the last close price just like what you predicted, you win.

coinprize (OP)
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August 20, 2013, 03:32:45 PM
 #10

Invest with as little as 0.1 BTC, 24/7/365, unbounded returns, the more who buy opposite us you the more you earn.

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December 18, 2013, 01:50:23 AM
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When is this site going to be up and running? Seems like it might be the most legit of all the bitcoin based (deposit wise) binary options brokers.
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December 18, 2013, 02:38:28 AM
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When is this site going to be up and running? Seems like it might be the most legit of all the bitcoin based (deposit wise) binary options brokers.

I agree, solely because of the muppet NASDAQ video in the OP.
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