Bitcasino.io has announced a predict and win the competition for the community where members have to predict the price of Bitcoin as of August 28, 2022, at 10:00 GMT. The competition began on August 01, 2022, and will conclude on August 24, 2022.
Participants have to wager 5 mBTC to submit one prediction, with a maximum of 10 predictions allowed per participant daily.
The online Bitcoin casino reset wagers and predictions every midnight. A prize of 250 mBTC awaits to be distributed among the top ten participants who can either predict the right price or stay close to the actual price.
The participant who stands at the top position wins 100 mBTC, followed by the other nine who win comparatively fewer tokens. The table drawn below shows how the prize pool will be distributed.
|
Place |
Reward |
|
1 |
100 mBTC |
|
2 |
65 mBTC |
|
3 |
35 mBTC |
|
4 |
15 mBTC |
|
5 |
10 mBTC |
|
6 |
5 mBTC |
|
7 |
5 mBTC |
|
8 |
5 mBTC |
|
9 |
5 mBTC |
|
10 |
5 mBTC |
The competition happens to be different even for the crypto experts. The leaderboard has started taking shape, with new entries coming in large numbers. What makes the competition difficult is the volatility of Bitcoin in the trading market. The currency price stands at $24,043.61 for every Bitcoin.
BTC has come a long way in the wrong direction, losing value by thousands of US Dollars. It could still pick up some pace in the coming time; however, the timeline remains a mystery.
A fall looks inevitable to many, but if the volatility is to be believed, anything can happen in the Bitcoin market and the entire crypto market. Reviewing the trend and developing a tool to analyze the price fluctuation is highly recommended.
A close stay to the actual prize would still be counted as a valid winning point. Bitcasino.io, the official partner of ESTCube-2, carries a license under the regulation of the Government of Curacao. Most of the entries at the time of drafting are sailing just over 23,000.
