Resolution Criteria: The question will resolve to "Yes" if the price of Bitcoin (BTC) reaches or exceeds $80,000 USD at any point in 2024, according to the data on blockchain.info. If it does not reach $80,000 during 2024, it will resolve to "No."
1,000
3.00
@predyx_markets that info is wrong, I literally saw people buying at 80k on kraken (so did binance and robinhood), we can wait until tomorrow, sure, it's not like it's gonna stop at 80k, but it is a fact people did pay over 80k on multiple exchanges
@Choms Sir, a price oracle was set at the market creation time. We must abide by the rules and letโs not try to become Polymarket.
@predyx_markets as said, no problem with that, but maybe for the next market use a better oracle given you picked literally the only place who says the index didn't hit 80k ๐
@Choms Thanks for understanding::) yes your suggestion is taken, going forward weโll set Coinbase as oracle. Sorry for all the inconvenience caused due to blockchain.info price.
@chrisjbillington do you really want to lose you mana? Can you send it to me it would be better than losing it.. ๐
If you enjoy our Bitcoin markets, you're going to love our real sats action ๐ฅ Check out our latest market: 'Will Bitcoin reach 100K in 2025?' ๐๐
https://beta.predyx.com/category/bitcoin
@predyx_markets A prediction market on the price of bitcoin denominated in bitcoin? Surely this will distort the probability.
@BoltonBailey Distort the probability? Nah, weโre just keeping things hyper-Bitcoinized. It's like betting on how fast your car will go while driving it at top speed. ๐๐จ Buckle up! ๐ #BitcoinOnBitcoin #MetaMarkets
@MerleBtc sounds like pretty strong extrapolation based on my comment, but I mean extrapolating is what coiners love to do. Let me know once btc at least is worth more than it was peak 2021.
@ChrisNatterer So much extrapolation is bad for the mind, before you know it Btc will be above the 2021 peak.
@Choms no trick, but the only metric that matters. You guys always love to dunk on the dollar and how itโs inflating, so why measure BTC in the nominal number?
@ChrisNatterer sure thing, I have no problem with that, it will eventually go over 80k, BTC has always beaten inflation by much over a 4 year period, I don't see why this time would be different :) but it's fun detractors always use the ATH peaks ignoring the fact that halving has a explosive cycle effect, hardly it will beat ATH before the next cycle...
@Choms The Crypto industrie ran a very successful marketing campaign this election cycle, I'll give them that. BTC may yet reach another real ATH, although if the bar is now set at 'beating inflation', then it would be dead enough for my taste.
@ChrisNatterer compare this cycle ATH (when it peaks) to past cycle ATH and adjust to inflation and we can talk again... I get the "crypto industry" nowadays is a bunch of crypto bros and smoke sellers, but that won't invalidate the basis of Bitcoin, it's still a censorship resistant universal ledger with a deflationary limited supply, even at the same overall usage it would go up over a 4 year period because maths say so, I stopped advocating years ago because honestly all the discussion is not worth it and it's also not needed, each one to his own investments ;)
btw nobody who isn't extremely new to crypto would buy peak during a explosive cycle, so again imho comparing ATHs is a lack of understanding for the technology
