11 Jul '13, 10pm

Irish start-up launches Bitcoin prediction market #Bitcoin #Predictious via @siliconrepublic

Irish start-up launches Bitcoin prediction market #Bitcoin #Predictious via @siliconrepublic

Irish start-up launches Bitcoin prediction market Dublin-based start-up Pixode has just launched an online prediction market where users can bet on the outcome of a wide variety of events using the digital currency Bitcoin. With Predictious , users can ‘buy’ predictions about upcoming events using Bitcoins and make money if they are proved true. Basically, it’s a Bitcoin stock exchange where users trade predictions about news events. Shares on the Predictious stock market represent a particular outcome and users can set their odds by setting the price. If they no longer have confidence in the outcome they’ve bet on, they can cut their losses by selling it on before the deadline. Events covered include sports, politics, economics, celebrities and entertainment. So, whether users want to gamble on who will win the Tour de France, how Breaking Bad will end, who will be the ne...

Full article: http://www.siliconrepublic.com/start-ups/item/33411-irish...

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