Author Topic: Prediction Market: June 2020 BTS 0.30 CNY  (Read 321 times)

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Offline abit

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Prediction Market: June 2020 BTS 0.30 CNY
« on: May 28, 2020, 02:35:58 pm »
Asset:
ABITS.JUN20BTS30
https://wallet.bitshares.org/#/asset/ABITS.JUN20BTS30/
https://bts.ai/asset/ABITS.JUN20BTS30

Main market:
ABITS.JUN20BTS30 / BTS
https://wallet.bitshares.org/#/market/ABITS.JUN20BTS30_BTS
https://bts.ai/market/ABITS.JUN20BTS30_BTS

Conditions:

* If median feed price of BTS reached 0.30 CNY per BTS or above at any time before the end of June 2020 (Beijing Time), the market will be globally settled at 1 as soon as possible, which means the borrowers lost;

* Otherwise, the market will be settled at 0 on 1st July, 2020, which means the borrowers won.

(Market fee 0.1%, referral reward percent 25%.)


To participate:

* borrow the asset and sell if to bet "BTS price won't reach 0.3 CNY or above before July"
* buy the asset if to bet  "BTS price will reach 0.3 CNY or above before July"
« Last Edit: May 28, 2020, 03:14:19 pm by abit »
BTS account: abit
BTS committee member: abit
BTS witness: in.abit

Offline optionswallet

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Re: Prediction Market: June 2020 BTS 0.30 CNY
« Reply #1 on: June 01, 2020, 01:34:37 pm »
Is it not expensive for you to pay 15,000 BTS every month for launching a new option contract?
Vote for me as your proxy "options-wallet".
Hit the menu - Voting - fill Proxy column - press save

Offline abit

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Re: Prediction Market: June 2020 BTS 0.30 CNY
« Reply #2 on: June 01, 2020, 09:14:09 pm »
Is it not expensive for you to pay 15,000 BTS every month for launching a new option contract?
Just some experiments so far, the costs are affordable for me.

The cost for one market is around 2400 BTS since I'm a LTM.

I believe asset creation fee will be lowered after 4.0 .

Best if we can have better UI implementations to attract traders, and proper marketing efforts. The core needs improvements too.
BTS account: abit
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Offline R

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Re: Prediction Market: June 2020 BTS 0.30 CNY
« Reply #3 on: June 02, 2020, 08:07:32 pm »
How can we trust a prediction market asset from a proponent of faking price feeds? Exceedingly unwise to participate in this.