April 2nd update as of 2:00PM EST-The Marketwatch platform seems to be too slow, so I have set all of us up with a new competition at WallstreetSurvivor. We will need to start the competition over beginning April 3rd. I apologize for the switch, but I think most people would agree that the Marketwatch platform failed to live up to our expectations. The prize money will be the same as listed earlier.How to apply to be a competitor: Simply reply to this thread indicating your desire to play, and then go register at Wallstreetsurvivor using your same screen name as this website.
Game location is found here:
http://www.wallstreetsurvivor.com/league/VSMC-----------------------------------------------------------------------------------------------------------------------------------------
This free to use platform allows people to create competitions whereby contestants compete against each other with fictitious bankrolls.
I am going to begin offering freerolls each week with payouts of $100 worth of bitcoin to the top players.
1st Place will receive $50.00
2nd Place will receive $30.00
3rd Place will receive $20.00
Qualified contestants will compete against each other for a one week time frame. Contestants will start with $100,000 bankroll. Contestants will be able to buy and sell any stock on any major US exchange while attempting to increase their account value as much as possible before the conclusion of each tournament.
The WallstreetSurvivor website will monitor each player's performance and will rank each player in the competition so each contestant can see their performance in relation to the other contestants.
Cost to enter: FREE
Qualifications to be chosen as a competitor: You must have at least 50 posts on Bitcointalk. Additionally you must have an account which is at least 30 days old.
My goal for creating the competition: Eventually I intend on monetizing the competition. Yet, I felt the best initial approach would be to simply supply all the prize money myself, and eliminate any fears in the minds of the competitors.
I only ask one thing from the winners of the competition. Simply verify on this thread that you were actually paid your winnings after I send you your prize money.
