08 Oct '13, 5pm

Show HN: I made a site that lets you bet against Bitcoin Hash Rate Volatility

Parimutuel Betting: All bets are placed together in a prize pool. You are betting against other betters, not the house. Payouts then depend entirely on the ratio of bets on the two sides. In other words, betting on one side will win you a share of the other side. During the betting round, payout odds will change depending on how many BTCs are placed on either side at any given time. Payout odds are finalized once the betting round closes. See Parimutuel Betting . Prediction Target: Each day, Future Block sets a hash rate prediction target based on current trajectory. You bet whether the time weighted average hash rate, between when Betting Round Closes and Betting Round Payout , will be above or below the target. Data points are collected from the "blockchain.info" API. House Fees: To encourage betting early, house fees begin at 0% of your bet and increases linearly to 20%...

Full article: http://www.futureblock.com/

Tweets

SecondMarket CEO explains Bitcoin bet, and why his firm still has swagger

SecondMarket CEO explains Bitcoin bet, and why ...

gigaom.com 08 Oct '13, 12pm

SecondMarket, a company that connects buyers and sellers over esoteric investments, raised eyebrows last month when it ann...

Target and GoodGuide team up to rate sustainabl...

greenbiz.com 08 Oct '13, 9pm

Retail giant Target has partnered with GoodGuide, the products-rating website acquired last year by Underwriters Laborator...

Will Migrant Workers Drive Bitcoin's Mundane Future?

Will Migrant Workers Drive Bitcoin's Mundane Fu...

businessweek.com 08 Oct '13, 10am

A certain seediness seems to be a necessary element in getting people’s juices flowing about virtual currencies: speculati...

Last day of the @itsgood2give Kilimanjaro challenge. They are on their way down. I bet there are a few sore legs!

Last day of the @itsgood2give Kilimanjaro chall...

lothianbuses.com 09 Oct '13, 11am

Our Charity of the Year are climbing Kilimanajaro. Lynne McNicoll and 30 of her supporters are heading off to climb Kilima...

Marc Andreessen is excited about bitcoin. So why hasn't he made a big bet yet? (video)

Marc Andreessen is excited about bitcoin. So wh...

video.pandodaily.com 04 Oct '13, 4am

PandoMonthly: Marc Andresseen is excited about bitcoin. So why hasn't he made a big bet yet? PandoMonthly October 4, 2013 ...

Is Bitcoin the future of money? Not a chance

zdnet.com 11 Oct '13, 2pm

ZDNet's Great Debate asks whether Bitcoin is the future of money. Bitcoin’s appeal lies in being anonymous, untraceable, a...

The Future of Competitive Gaming Has Arrived #b...

leetcoin.com 12 Oct '13, 8pm

The Future of Competitive Gaming Has Arrived LeetCoin allows you to compete in your favorite first-person shooters for bit...

SecondMarket’s bitcoin offering defines new ass...

coindesk.com 07 Oct '13, 11am

It’s not every day that a new asset class is born. The last time was probably a few decades ago when managed futures funds...