Cutoff time is the first payout time for this post. The winner is the one that is closest to the CMC dollar price 24 hours from the cutoff time.
I will share 50% (if you upvoted) and 25% (if you didnt) and 1% (if you downvoted) of whatever the first payout for this post is with the one who has the closest price. In the event of an N-way tie, the winnings for each person is divided by N
For example, assuming this post's first payout time is 9PM GMT Wed, that becomes the cutoff for submissions and 9PM Thursday is when we find out the winner by getting the CMC dollar price at that time (it is currently $4.51). Then if this post gets $777 awarded from upvotes and you made the closest guess, you will get $388.5 assuming you upvoted. But if you dont upvote, you would only get $194.25.
There is no need to do anything except comment with a price, like this:
$5.21
If you want to say anything, then certainly that is fine, but please do it after the price so as not to confuse the parsing program:
$5.21 I think this is the easiest way to win money!
Good luck and have fun. Limit of 1 entry per user, but you can edit your guess until the cutoff time.
$5.21
5.11$
"Limit of 1 entry per user, but you can edit your guess until the cutoff time." - I would disallow editing altogether. Edited posts getting disqualified.
there is 24 hours after the cutoff, so it just levels the playing field between the early submissions and the later. Assuming the 24hr ahead price is easier to predict than the 48 hr ahead price.
From a game theory perspective, now that you mention it, I think you are right - it does level the playing field and doesn't penalize the early forecaster if he's allowed to edit.
3.90$
An other game here: https://steemit.com/crowdfunding/@pvhistoire/crowdfunding-romance-erotique-the-foreplay-game-to-shoot-steemit-in-the-seventh-heaven
$4.50
$1.80
you expect doomsday!?
$4.77
Steem to $3.80
$3.98
with a whopping 41 cents on the line, it probably isnt too much of an issue, but just to close the loop, the CMC price 16 hours from now will be used to determine the winner
currently at $3.85 and fixedelineation guessed $3.80! but lots of time to go still
$2.99
$5.55
$4.72
$4.38
1.80
$4.27
upvotes are disappointingly low, so this is probably a onetime thing. I upvoted all your responses, so at least it is 8 cents+
$3.67
$4.62
$4.45
$3.98
$4.88
6.5$
tinyhomeliving · 3 days ago
$3.67
This was the winning prediction with CMC price around $3.50 mark at cutoff + 24hrs.
I rounded up and will send 1 STEEM