Resolution Criteria:
This market will resolve individually based on the highest Bitcoin price recorded by or before March 31, 2025, according to the Coinbase exchange.
Details:
• The resolution will use the 1-minute candlestick data for accuracy.
• The price considered will be the highest value reached during the period between the day of market creation and March 31, 2025 (UTC).
Source:
The primary source for this market will be Coinbase or its publicly available API.
Resolution Date & Time:
April 1, 2025, at 12:00 PST, or earlier if the data is fully available before this time.
Update 2024-15-12 (PST) (AI summary of creator comment): • Each option will be resolved individually as soon as Bitcoin reaches that price level
If Bitcoin hits multiple price levels, multiple options can resolve YES
Options will resolve to YES immediately when their price level is reached, rather than waiting for the final resolution date
Update 2024-16-12 (PST) (AI summary of creator comment): • Each option will resolve to YES individually as soon as Bitcoin reaches that price level
If Bitcoin hits multiple price levels, multiple options can resolve to YES
Options will resolve to YES immediately when their price level is reached, rather than waiting for the final resolution date
1,000
3.00The price considered will be the highest value reached during the period between the day of market creation and March 31, 2025 (UTC).
By this criteria, immediately at market creation there's already 3 options (70k, 80k, 90k) that would resolve YES.
@predyx_markets Since you gave a misleading confirmation to @spiderduckpig and they bet based on that wrong info, I'd suggest you N/A and try it again with clear logic and criteria from the start.
@deagol Maybe just bring in a moderator to explain. The way I know, the set markets work is they can be resolved individually. So if Bitcoin hit 110K tomorrow, then 110k will resolve to YES tomorrow. After a week, bitcoin hits tp 120k, then 120k will resolve to YES . After few days Bitcoin hits 90k, then the 90k resolves to YES. Where is the confusion here?
Not sure what you mean by wrong info.
They asked if they were mutually exclusive, you replied yes. They are not, these are independent options.
@predyx_markets I understand how it works, but you mislead someone else by confirming their misinterpretation as mutually exclusive, and they sensibly bet them all down to satisfy this.
@deagol I guess I misunderstood the word "mutually exclusive vs mutually inclusive" I'm not a mathematician.
@predyx_markets Neither am I, nor most here. Yet I'm pretty sure "mutually inclusive" isn't a thing, at least doesn't logically imply "independent".
Anyway, how do the lower options work given the criteria is "the highest Bitcoin price recorded by or before March 31, 2025" ?
@deagol This is a replica market of https://polymarket.com/event/what-price-will-bitcoin-hit-by-march-31?tid=1734320961549
@predyx_markets I get it, but then the lower options must have different criteria than stated in the description (i.e. the lowest price instead of the highest).
@predyx_markets I'd let the mods deal with it, I suspect they may cancel given @spiderduckpig bad bets based on your comment and description update.
@predyx_markets Got it, also what happens if Bitcoin is at 165k by March 31, for example? Does it resolve to the closest option?
@predyx_markets If that is the case, then "Bitcoin price on March 31?" would be far more accurate wording, no?
@predyx_markets So these markets can resolve if they reach a certain price before March 31? Wouldn't that make them not mutually exclusive?