Post
Topic
Board Service Announcements
Re: Bets of Bitcoin - Bitcoin betting on real world events
by
elux
on 28/02/2013, 15:32:27 UTC
Quote
Server is down for maintenance. We'll be back in a couple of hours.
- https://twitter.com/betsofbitcoin/status/306469085988921344

Well, it's been more than a couple of hours. As food for thought, here is a bet to consider:

Prediction: Bets of Bitcoin won't be back online.

Rationale: Whenever a sufficiently anonymous service is entrusted with bitcoin without sufficient collateral,
and the amount thus entrusted is large in comparison to the profitability of the service,
that service will seize to exist when the ratio of coins coming in to the coins going out turns negative.

Deadline: January 1, 2014.