Bitcoin $80K in 2024?
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148
แน€250k
resolved Nov 10
Resolved
YES

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."

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We will resolve to YES, when blockchain.info shows >= $80K (24hr high)

@predyx_markets you can now :)

@Choms Yes sir :) resolving it to YES.

Next stop 100k ๐Ÿš€

bought แน€33,000 YES

Just hit 80k on robinhood

@TonyPepperoni might not resolve yes just yet, blockchain.info only shows 79,994.00

@Choms 80.071,17

@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 letโ€™s 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 ๐Ÿ˜‚

@Choms Thanks for understanding::) yes your suggestion is taken, going forward weโ€™ll set Coinbase as oracle. Sorry for all the inconvenience caused due to blockchain.info price.

Another interesting market:

Parallel market on sats for the Bitcoin Maxis:

https://beta.predyx.com/market/bitcoin-80k-in-2024-2

@chrisjbillington do you really want to lose you mana? Can you send it to me it would be better than losing it.. ๐Ÿ˜‚

2 traders bought แน€1,200 NO
2 traders bought แน€1,550 YES

If you enjoy our Bitcoin markets, you're going to love our real sats action ๐Ÿ”ฅ Check out our latest market: 'Will Bitcoin reach 100K in 2025?' ๐Ÿš€๐Ÿ‘‡

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, weโ€™re just keeping things hyper-Bitcoinized. It's like betting on how fast your car will go while driving it at top speed. ๐Ÿš—๐Ÿ’จ Buckle up! ๐Ÿ˜Ž #BitcoinOnBitcoin #MetaMarkets

@predyx_markets LFG ๐Ÿš€

@chrisjbillington you still have time to sell your mana for profit. ๐Ÿคฃ

bought แน€1,000 NO from 23% to 22%
bought แน€1,000 YES from 86% to 87%

@chrisjbillington ๐Ÿ˜‚ ๐Ÿ˜‚ ๐Ÿ˜‚

bought แน€9 YES

People who vote no, everything okay at home?

bought แน€50 NO at 27%

@MerleBtc stocks are near ATH, they should be doing pretty good.

@jBosc Don't worry, I'll buy for you.

Celebrity gif. Jason Momoa looks at us with a warm smile as he forms his hands into a heart shape. He then places his hands under his chin before going back to forming the heart.

bought แน€50 YES at 28%

@ChrisNatterer you say Stock near to ATH, so BTC can't go up.

Amazing analysis.

@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.

@ChrisNatterer just to let you know, as requested, that BTC is now worth more than in 2021, cheers!

ChatGPT and Claude say inflation adjusted 2021 69k are over 80k$ 2024, so no, not quite there yet. Cheers!

@ChrisNatterer nice trick lol whatever you say ๐Ÿ˜‚

@Choms no trick, but the only metric that matters. You guys always love to dunk on the dollar and how itโ€™s 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

@ChrisNatterer 80k, thanks for playing

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