Bitcoin Forum
July 27, 2017, 07:03:40 AM *
News: BIP91 seems stable: there's probably only slightly increased risk of confirmations disappearing. You should still prepare for Aug 1.
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: Anybody here use Intrade?  (Read 1803 times)
RodeoX
Legendary
*
Offline Offline

Activity: 2338


The revolution will be monetized!


View Profile
May 04, 2011, 08:24:31 PM
 #1

Those of you who are economy geeks might like InTrade. It is a "prediction market". Sort of a stock market for buying contracts that predict future events. For example, you could have paid a small amount to buy a contract stating that Osama Bin Laden would be captured or killed this month. If you had the contract would mature to it's total value and you keep the profit.

Check it out. I am known there as "War Prophet".

http://intrade.com/v4/home/

The gospel according to Satoshi - https://bitcoin.org/bitcoin.pdf

Free bitcoin in ICELAND - https://bitcointalk.org/index.php?topic=1610684
1501139020
Hero Member
*
Offline Offline

Posts: 1501139020

View Profile Personal Message (Offline)

Ignore
1501139020
Reply with quote  #2

1501139020
Report to moderator
1501139020
Hero Member
*
Offline Offline

Posts: 1501139020

View Profile Personal Message (Offline)

Ignore
1501139020
Reply with quote  #2

1501139020
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
bitdragon
Hero Member
*****
Offline Offline

Activity: 610


peace


View Profile WWW
May 04, 2011, 08:32:44 PM
 #2

A few years back, I spent quite some time on intrade.com-
I remember that Osama one has been there for ages;

Their interface has changed alot..

We should find an interesting bitcoin contract to add !

SgtSpike
Legendary
*
Offline Offline

Activity: 1358



View Profile
May 04, 2011, 08:48:58 PM
 #3

Sounds more like a betting website than anything else.

Nothing wrong with that though, sounds like fun.  I might check it out when I actually have something to work with.  Tongue
RodeoX
Legendary
*
Offline Offline

Activity: 2338


The revolution will be monetized!


View Profile
May 04, 2011, 10:55:13 PM
 #4

Sounds more like a betting website than anything else....
That's basicly right. There is some skill involved however. I remember the CIA was interested in a prediction market at one point. They wanted to crowdsource the chances of events like revolutions.
Maybe I should talk to someone there about trading in bitcoin?

The gospel according to Satoshi - https://bitcoin.org/bitcoin.pdf

Free bitcoin in ICELAND - https://bitcointalk.org/index.php?topic=1610684
abyssobenthonic
Member
**
Offline Offline

Activity: 70


View Profile
May 06, 2011, 03:26:55 PM
 #5

Never used intrade, I used the site that they grew out of, TradeSports, before TradeSports decided that processing deposits and withdrawals to the US was too hard.

IMO, 0-100 is the best odds-stating method out there: it's decimalized, completely unambiguous (other decimal methods are inconsistent as to whether the odds include return of stake or not), and easily translatable to other formats.
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!