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Author Topic: Speculation Bet: Bitcoin will hit $600 (non-gox price) by 3-22-14  (Read 8284 times)
smoothie (OP)
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February 02, 2014, 12:59:10 AM
Last edit: February 02, 2014, 02:27:07 AM by smoothie
 #1

My speculation that Bitcoin will hit $600  (non-gox price) before the end of 3-22-14 HST.

Willing to put up 2 BTC to bet anyone on this call for fun (yes I know it isn't much but it's for the fun of it).

I'm a longer term bull but to make things a little interesting I've put forward this bet.

Will only accept bet with a user who has been on this forum for longer than 1 year's time. Escrow will be used for this.

Any takers?  Grin Grin Grin

In case no one accepts the bet in a reasonable amount of time, the offer expires February 5th, 2014 HST.

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sir faps
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February 02, 2014, 01:04:02 AM
 #2

My speculation that Bitcoin will hit $600  (non-gox price) before the end of 3-22-14 HST.

Willing to put up 2 BTC to bet anyone on this call for fun (yes I know it isn't much but it's for the fun of it).

I'm a longer term bull but to make things a little interesting I've put forward this bet.

Will only accept bet with a user who has been on this forum for longer than 1 year's time. Escrow will be used for this.

Any takers?  Grin Grin Grin

If you are using escrow, why would you require that the user has been on the forum for longer than 1 year?
smoothie (OP)
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February 02, 2014, 01:06:42 AM
 #3

My speculation that Bitcoin will hit $600  (non-gox price) before the end of 3-22-14 HST.

Willing to put up 2 BTC to bet anyone on this call for fun (yes I know it isn't much but it's for the fun of it).

I'm a longer term bull but to make things a little interesting I've put forward this bet.

Will only accept bet with a user who has been on this forum for longer than 1 year's time. Escrow will be used for this.

Any takers?  Grin Grin Grin

If you are using escrow, why would you require that the user has been on the forum for longer than 1 year?

Good point. Let's revise that. Let's say anyone can make the bet but we must use a reputable escrow.

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February 02, 2014, 01:16:51 AM
 #4

which non-gox price would you be looking at? btc-e often is lower than bitstamp
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February 02, 2014, 01:19:26 AM
 #5

Can you clarify?  When you say $600, do you mean in the $600s?  Or do you mean it will hit equal to or less than $600 some time prior to March 22?  

How about if the price on BitStamp at any point between now and March 22 starts with a $5xx, then you win the bet, otherwise you lose.   So if BitStamp hits $599.99, then you win; but if the low point is $600.00 or greater, then you lose.  (Not saying I want to take this bet, just trying to clarify the finer details).  

Run Bitcoin Unlimited (www.bitcoinunlimited.info)
smoothie (OP)
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February 02, 2014, 01:26:51 AM
 #6

which non-gox price would you be looking at? btc-e often is lower than bitstamp

Let's use btc-e and bitstamp rates. If any of them touch $600 exactly or lower I win. If it doesn't I lose. Simple.

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smoothie (OP)
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February 02, 2014, 01:27:30 AM
 #7

Can you clarify?  When you say $600, do you mean in the $600s?  Or do you mean it will hit equal to or less than $600 some time prior to March 22?  

How about if the price on BitStamp at any point between now and March 22 starts with a $5xx, then you win the bet, otherwise you lose.   So if BitStamp hits $599.99, then you win; but if the low point is $600.00 or greater, then you lose.  (Not saying I want to take this bet, just trying to clarify the finer details).  

See my last post.

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February 02, 2014, 01:29:15 AM
 #8

i'd take this bet if i didn't agree with OP. good luck all. Smiley
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February 02, 2014, 01:32:30 AM
 #9

What if it goes to $550 but MISSES $600?  I mean maybe there are no bids at 600 exactly?  And what do you mean by "Bitcoin"?  Do you mean the market cap of all bitcoins or a single coin?  And what currency are you using?  You know, some other countries (Brazil for instance) use the $ symbol.  

Sheesh, come on.  Be precise.  Not that I want to bet or anything  Grin





I'm just (laughing at) the precision police.
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February 02, 2014, 01:33:17 AM
 #10

tempting, but 2 BTC is to much!


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February 02, 2014, 01:36:38 AM
 #11

i wont be a member for a year until halfway through the bet being done:3

i'd be inclined to take the bet if it didnt include btc-e price
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February 02, 2014, 01:41:02 AM
 #12

just like the december crash, stamp could go easily go lower than btce, possibly due to long squeezes.
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February 02, 2014, 02:42:28 AM
 #13

Bitcoin is a bubble, it is declining, and I think OP is VERY optimistic. I think it will go to around $500 bucks.
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February 02, 2014, 02:48:07 AM
 #14

Bitcoin is a bubble, it is declining, and I think OP is VERY optimistic. I think it will go to around $500 bucks.

Conservative is the word I would use.

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February 02, 2014, 02:51:06 AM
 #15

Tempting. How about you pay double if it doesn't drop that much and hits $1500? If it hits both targets, bet is a draw and even money.

insert coin here:
Dash XfXZL8WL18zzNhaAqWqEziX2bUvyJbrC8s



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February 02, 2014, 02:55:27 AM
 #16

Tempting. How about you pay double if it doesn't drop that much and hits $1500? If it hits both targets, bet is a draw and even money.

Nope. I do not accept those terms.

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February 02, 2014, 03:23:59 AM
 #17

Whats got the bear in you these days smoothie?
Personally I got some money on the sidelines waiting but I think I kinda missed that boat when I didnt buy on the Shrem news



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February 02, 2014, 03:28:58 AM
 #18

You know everything is messed up when smoothie is betting on Bitcoin going down..

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February 02, 2014, 03:32:52 AM
 #19

Whats got the bear in you these days smoothie?
Personally I got some money on the sidelines waiting but I think I kinda missed that boat when I didnt buy on the Shrem news

I can be a short term bear and longer term bull.

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February 02, 2014, 03:33:13 AM
 #20

You know everything is messed up when smoothie is betting on Bitcoin going down..

Oh yeah? What is so messed up?

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