Quote from: gogooption on July 28, 2017, 12:17:08 AM

Quote from: adaseb on July 26, 2017, 07:27:30 PM

Quote from: gogooption on July 23, 2017, 01:31:22 AM

[Announcement]

BTC / CNY is now available for trading.
The payoutrate is:
1 minutes expiry: 110%
3 minutes expiry: 120%
5 minutes expiry: 125%
10 minutes expiry: 130%
15 minutes expiry: 140%
30 minutes expiry: 140%
1 hour expiry: 150%
4hour expiry: 155%
1day expiry: 155%

You can trade from now on.

Thanks for adding this but its pretty much useless for betting. Even the higher timeframes like 1-4-1day have a huge huge spread. I understand making the 1 minute or 3 minute expiry very low since its very easy to cause a dump on Bitcoin during illiquid periods but why is the spread so high for the daily expiry?

I think it would be easy to predict whether prices will go up for 1-5 minutes.
The price of bitcoin is either going straight to one direction or just going up and down.

But is it hard to predict the price of one hour to a day?

I will try to adjust the rewards after I have more operations.

No, its not easy to predict the next 1-5 minutes for Bitcoin unless you either are trying to manipulate the market by selling/buying large amounts of bitcoins yourself or due to some site lag.

Same with the forex pairs, it seems easy to predict the next 1-5 minutes however, why are so many people still losing money trading?