31 Aug '17, 3pm

'Game of Skill': US Markets Tech Provider Launches Bitcoin Betting Game

'Game of Skill': US Markets Tech Provider Launches Bitcoin Betting Game

A new "game of skill" centered around bitcoin's price changes is going live. Launched by Chicago-based Level Trading Field, Bitcoin Market Predictor now allows users to place bets on the future price movements of bitcoin, adding to a growing list of mechanisms U.S. investors can use to speculate on bitcoin's price – whether it's going up or down. While most of the mechanisms to short bitcoin, at least in the US, are aimed at institutional investors , Bitcoin Market Predictor is notably targeted towards retail investors. Each game costs only $50 to play. In an exclusive interview, Lanre Sarumi, CEO of Level Trading Field, whose corporate clients include users at Bank of America, Deutsche Bank, and Barclays, explained why he believes the game is so important to U.S. retail investors. Sarumi told CoinDesk: "If you believe the price is going to go down, how do you make that be...

Full article: https://www.coindesk.com/game-skill-us-markets-tech-provi...

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