Bitcoin Prediction Markets
summary
Claim: a working Bitcoin prediction market called Glimpse aggregates traders into a single probabilistic forecast using the logarithmic market scoring rule implemented as event contracts with cost function C(Q) that pay 1 or 0. Markets run hourly markets and currently show one‑week distributions with plans for year‑long markets. A prior experiment, bitcoin prediction.market, tested pool‑mining bets with winner‑take‑all payouts. Glimpse exposes an API + historical data and avoids markets susceptible to insider trading.
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chapters (8)
- 0:00Bitcoin prediction markets intro
- 1:31Why Bitcoin needs forecasts
- 2:36Prediction market scoring rules
- 4:22LMSR for market scoring
- 5:47Glimpse Bitcoin price demo
- 7:53Beyond price predictions
- 10:52Real-world Bitcoin markets
- 13:28Future of prediction markets








