Will the price of Bitcoin be above $58,000 on August 13?
BUY YES
- Cost
- 99.8¢
- Implied chance
- 99.8%
- Return if right
- 0.2%
- Spread cost
- 33%
If you put in $100
You get 100.2 shares at 99.8¢ each.
YES wins: $100.20 back, a profit of $0.20. YES loses: $0.00, and the whole $100 is gone.
The gap between buyers and sellers takes $0.10 of that profit. Without it you would make $0.30.
Assumes the whole order fills at this price. A large order eats into the book and averages worse.
Buy YES on Polymarket
BUY NO
- Cost
- 0.4¢
- Implied chance
- 0.4%
- Return if right
- 24900.0%
- Spread cost
- 25%
If you put in $100
You get 25000.0 shares at 0.4¢ each.
NO wins: $25000.00 back, a profit of $24900.00. NO loses: $0.00, and the whole $100 is gone.
The gap between buyers and sellers takes $8333.33 of that profit. Without it you would make $33233.33.
Assumes the whole order fills at this price. A large order eats into the book and averages worse.
Buy NO on Polymarket
Latest: Aug 12, 05:41 AM5 outcomes stayed under 3% and are not plotted
Latest news
headlines link to their publishers- Live updates: Bitcoin at $63,600 as Japan's Metaplanet moves 3,881 BTC between walletsCoinDesk · 28m ago
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- Dogecoin and BNB lead majors higher as bitcoin slips near $63,700CoinDesk · 3h ago
- Bitcoin stuck as ETF inflows offset selling, but inflation data could spark a moveCoinDesk · 10h ago
- BTCPay Backers Offer Bitcoin Bounty After Wallet ExploitDecrypt · 10h ago
- Should Bitcoin Companies Build USD Reserves? Understanding The TruthBitcoin Magazine · 11h ago
Headlines are matched on the names in “Will the price of Bitcoin be above $58,000 on August 13?”. Nobody checks them by hand, so one may not be relevant. They also say nothing about whether the price has already moved on this news.
How this market resolves
This market will resolve to "Yes" if the Binance 1 minute candle for BTC/USDT 12:00 in the ET timezone (noon) on the date specified in the title has a final "Close" price higher than the price specified in the title. Otherwise, this market will resolve to "No". The resolution source for this market is Binance, specifically the BTC/USDT "Close" prices currently available at https://www.binance.com/en/trade/BTC_USDT with "1m" and "Candles" selected on the top bar. Please note that this market is about the price according to Binance BTC/USDT, not according to other exchanges or trading pairs. Price precision is determined by the number of decimal places in the source.
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