Bingology - BingoBoingo's Blog

A bet on whether Bitcoin outperforms Berkshire Hathaway on BitBet.us has now become the record largest public Bitcoin denominated bet in terms of the number of bets placed. As of publishing 162 bets have been placed on this proposition. In terms of absolute value wagered this bet is still dwarfed by two bets on the same platform which were Bitcoin difficulty at or above 2B before Feb 2014 1886.91 BTC wagered¹ and BFL will deliver ASIC devices before March 1st (2013) 1689.81 BTC wagered.² This bet is scheduled to resolve on March 16th, 2015 with wagering open through February 15th, 2015.

1. The largest ever in Bitcoin and in the equivalent dollar value denominated in Bitcoin. [↩]
2. Bitcoin was worth much less at the time. [↩]

This entry was posted on Wednesday, August 13th, 2014 at 10:35 p.m. and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

3 Responses to “Record Large Public Bitcoin Bet Reached”

1. BingoBoingo says:

   August 13, 2014 at 10:41 p.m.

   I'll throw out this earlier piece on what has attracted large bets historically.

   Reply
2. The Newest Biggest | Bingo Blog says:

   September 19, 2014 at 4:54 p.m.

   […] BTC the bet that Bitcoin surpasses Berkshire as an investment went from being the bet in Bitcoin which had seen the most action to also being the one with the most money. And the resolution of the bet is still roughly six […]

   Reply
3. The Newest Biggest: Or the value of a Backstop « Bingology - BingoBoingo's Blog says:

   August 1, 2019 at 2:10 a.m.

   [...] BTC the bet that Bitcoin surpasses Berkshire as an investment went from being the bet in Bitcoin which had seen the most action to also being the one with the most money. And the resolution of the bet is still roughly six [...]

   Reply