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RE: Steem prediction for the week
You're betting on binary question sets? This is intriguing. Do you win more if you bet a higher or lower percentage of probability? Do they have other kinds of questions to bet on?
Yes, there are range bound questions and growth ranking type questions. For all the questions you stand to gain points for answers that come closer to the bounds/ranking or lose the same sort of points for being inaccurate.
For the binary questions, you stand to gain (or lose) a maximum of 50 points for the accuracy or not. In this case, if STEEM managed to pass the high end (+8 percent) in the alloted time, then I would gain 50 points... if not, then I lose 50 points. If I chose to make the answer 75 percent, then win/loss would be 25 points.
At the end of the month, if you hold a positive balance of points in any of the different prediction markets (EPS, crypto or traditional) then you get a payout in CND. It used to be BTC and then later ETH... which I preferred, but they have to close the economic loop!
That sounds fun. I'll have to check it out. Let me know if there's a referral code I should use. 😁
No referrals, but I think you need an invite for the EPS one. Use this code (if it works!).
Compete with me in the EPS Season challenge on Cindicator (https://app.cindicator.com). Use this code 862a when you sign up for the challenge and grab a reward.
Got it, thanks!