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SimpleThought

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About SimpleThought

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    PredictionMarkt Team

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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

      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. What prediction markets would you be interested in? Here are a few interesting ones: When will Apple release Augmented Reality headset? What will be the total market cap of cryptocurrencies at the end of 2018? Will Ethereum (ETH) hit $1000 before March 31? Enjoy!
  3. PredictionMarkt is a centralized, Ethereum-based platform for betting on the outcome of events in areas such as Business, Technology, Finance, Sports and Politics. Take part in the challenge of predicting everyday events in real time — and even profit from the outcome. PredictionMarkt has three distinctly different characteristics: * We provide centrally-managed prediction markets. This simplifies the platform and increases safety of our users by removing many risks such as fraud and outcome disputes. * We don’t charge fees on your winnings or any internal transactions. The only time our users are charged is when they withdraw funds from their account. *We keep the process simple by providing trading in the Ethereum currency. We don't expose our users to additional risks by creating our own crypto tokens.
  4. 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
  5. 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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