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About SimpleThought

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  1. Hello SimpleThought,


    Thanks for commenting on my post.


    What is the prediction based on for the crypto market cap?

    1. SimpleThought


      Hi Anthony, sorry for such a long delay with the answer. Prediction markets are based on the "wisdom of the crowds" concept: people betting on the outcome of the event and making money on it. Because people are motivated to be right (they spend their money on the bet and they expect a big return) the markets are usually expected to reflect the average opinion of the crowd on how likely the outcome is.


      Hope it helps!

  2. Not sure if you are interested in this, but here's one relevant prediction market: https://predictionmarkt.com/market/zR/What-Will-Be-The-Total-Market-Cap-Of-Cryptocurrencies-At-The-End-Of-2018
  3. Hi! PredictionMarkt is a centralized, Ethereum-based platform for betting on the outcome of events in areas such as Business, Technology, Finance, Sports and Politics. We're looking for feedback for our new service. The good, the bad and the ugly. We want to hear it all. Check it out our here: https://predictionmarkt.com Thank you! PS: We have a referral program: https://predictionmarkt.com/bounty Earn 1% of the deposits of the referred users.

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