Trading prediction markets - Revision history

Slackjore: /* External links */ updated Slack to Discord

2020-01-12T17:34:08Z

‎External links: updated Slack to Discord

Slackjore: updated name

2019-01-21T17:39:31Z

updated name

Slackjore: updated name

2019-01-20T20:14:19Z

updated name

Punqtured: 4 revisions imported

2019-01-19T22:20:17Z

4 revisions imported

Slackjore: /* BinaryBalls */ updated, now ceased operating

2018-09-17T19:35:22Z

‎BinaryBalls: updated, now ceased operating

Slackjore: /* BinaryBalls */ updated data feed source

2018-05-14T18:31:47Z

‎BinaryBalls: updated data feed source

Slackjore: replaced link

2018-03-10T20:57:09Z

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Slackjore: copypasta

2018-03-10T13:17:25Z

copypasta

New page

Prediction markets are exchange-traded markets created for the purpose of trading the outcome of events. This article concerns using the Byteball platform to do this.

==Definition of "prediction market"==
Prediction markets (also known as predictive markets, information markets, decision markets, idea futures, event derivatives, or virtual markets) are [usually] exchange-traded markets created for the purpose of trading the outcome of events. The market prices can indicate what the crowd thinks the probability of the event is. A prediction market contract trades between 0 and 100%. It is a binary option that will expire at the price of 0 or 100%.

Research has suggested that prediction markets are at least as accurate as other institutions predicting the same events with a similar pool of participants.

Source: Wikipedia<ref>https://en.wikipedia.org/wiki/Prediction_market</ref>

==Current available markets==

===Sports-betting on upcoming soccer matches===
See the wiki [[Sports betting]] article for details

===Gambling on random numbers===
See the wiki [[Gambling]] article for details, including a video

===Betting on crypto exchange rates===
Crypto exchange rates oracle: '''JPQKPRI5FMTQRJF4ZZMYZYDQVRD55OTC'''

See wiki [[Oracle]] article for a step-by-step write-up

Reference<ref>[https://medium.com/byteball/making-p2p-great-again-episode-iii-prediction-markets-f40d49c0abab Making P2P Great Again, Episode III: Prediction Markets]</ref>

<hr />Price oracle was extended (29 August 2017) and now also posts total market cap of all crypto coins and BTC dominance percentage (as reported by coinmarketcap).

The new data feed names for smart contracts are:
*TOTAL_CAP - total market cap in billions
*BTC_PERCENTAGE - BTC percentage of total market cap

<hr />

===BinaryBalls===

There is now (November 2017) a commercial site, BinaryBalls<ref>https://binaryballs.com</ref>, that does binary options trading with Byteball bytes, using this oracle as a trustless referee.

===Betting on flight delays===

Flight delay tracker for flight delays insurance<br />
GFK3RDAPQLLNCMQEVGGD2KCPZTLSG3HN<br />
Reference<ref>[https://medium.com/byteball/making-p2p-great-again-episode-iv-p2p-insurance-cbbd1e59d527 Making P2P Great Again, Episode IV: P2P Insurance]</ref>

There is a video of betting on a flight delay on the [[Oracle]] page.

==External links==
*[https://byteball.slack.com Byteball Slack]

==References==
<references />

[[Category:Features]]
[[Category:Trading]]

@@ Line 46: / Line 46: @@
 ==External links==
-*[https://Obyte.slack.com Obyte Slack]
+*[https://discordapp.com/invite/Qn6JWfT Obyte Discord]
 ==References==

@@ Line 1: / Line 1: @@
-Prediction markets are exchange-traded markets created for the purpose of trading the outcome of events. This article concerns using the Byteball platform to do this.
+Prediction markets are exchange-traded markets created for the purpose of trading the outcome of events. This article concerns using the Obyte platform to do this.
 ==Definition of "prediction market"==
@@ Line 23: / Line 23: @@
 Reference<ref>[https://medium.com/byteball/making-p2p-great-again-episode-iii-prediction-markets-f40d49c0abab Making P2P Great Again, Episode III: Prediction Markets]</ref>
-<hr />Price oracle was extended (29 August 2017) and now also posts total market cap of all crypto coins and BTC dominance percentage (as reported by coinmarketcap).
+<hr />Price oracle was extended (29 August 2017) and now also posts total market cap of all crypto coins and BTC dominance percentage (as reported by CoinMarketCap).
 The new data feed names for smart contracts are:
@@ Line 32: / Line 32: @@
 ===BinaryBalls===
-A commercial site, BinaryBalls<ref>https://binaryballs.com</ref>, from November 2017 was doing binary options trading with Byteball bytes, using this oracle as a trustless referee. On May 10, 2018, it switched to a new data feed directly provided by Bittrex as its new assets-price Oracle.
+A commercial site, BinaryBalls<ref>https://binaryballs.com</ref>, from November 2017 was doing binary options trading with Obyte bytes, using this oracle as a trustless referee. On May 10, 2018, it switched to a new data feed directly provided by Bittrex as its new assets-price Oracle.
 ====Update====

@@ Line 32: / Line 32: @@
 ===BinaryBalls===
-A commercial site, BinaryBalls<ref>https://binaryballs.com</ref>, from November 2017 has been doing binary options trading with Byteball bytes, using this oracle as a trustless referee. On May 10, 2018, it switched to a new data feed directly provided by Bittrex as its new assets-price Oracle.
+A commercial site, BinaryBalls<ref>https://binaryballs.com</ref>, from November 2017 was doing binary options trading with Byteball bytes, using this oracle as a trustless referee. On May 10, 2018, it switched to a new data feed directly provided by Bittrex as its new assets-price Oracle.
 ===Betting on flight delays===

← Older revision	Revision as of 22:20, 19 January 2019
(No difference)

@@ Line 13: / Line 13: @@
 See the wiki [[Sports betting]] article for details
-===Gambling on random numbers===
+===Betting on random numbers===
-See the wiki [[Gambling]] article for details, including a video
+See the wiki [[Oracle#Random_numbers]] article/section for details, including a video
 ===Betting on crypto exchange rates===