betting on prices

[bitterguy28]

Are you talking about those contests done by casinos or other businesses on the forums? When you mention gambling events I assumed we need to pay to place the bet, while most contests don't require these things.

if it’s here in forum or in the other one, they usually don’t ask you to pay since all you need to do is post your prediction and wait if you are right but in casinos of course it’s common to have wagering requirements

I guess the recent bull run made most casinos run this promotion since the possibility of Bitcoin hitting $100k is higher than ever. I tried to participate in one of those contests but never managed to win. Guess my luck just suck.

the higher the price of bitcoin the more the casinos will run these promotions since they know that the market and the investors are excited eager and at the peak of activity so it is the best time for them to attract investors

i also have not won in these events which would explain just how unpredictable the market is

[MUGNIA]

I predict not bet, in my opinion if betting on the price of bitcoin is madness because it has become a storyline of btc trading to reach a certain price, it only takes time than I bet for a better price I trade on the exchange, and use gambling for certain capital luck such as slots and sports betting only

[Findingnemo]

I am pretty sure everyone believed that Bitcoin will reach 100K or even more by the end of this year but that's not how the prediction works, it's should be in some time frame and when we predict that right we can make money and for the record there's a trading method called futures on which you can bet on the price whether it's rise or dip and both are called long and short position respectively.