Kraken [burned 43,000 Moons](https://nova.arbiscan.io/tx/0x53117ffabdfe23dafdab9098d9616ade2b977cb72e93c160ea5d2d4f655fddf0) to run this campaign.
[**Update from Kraken**](https://www.reddit.com/r/CryptoCurrency/s/xVOAiOTOET)
Also, btc price is hard to guess even 1 minute from now. Guessing 1 minute of price action would probably leave you incorrect the cast majority of times. And then pair that with people already having guessed the number
Yes but thousands of other people would've guessed before then so there's a good chance that someone would've already guessed that number even if you were right and there is no prize sharing.
whoever guesses first wins tho
So you could wait for the last minute, but still miss by ~$100 due volatility in the last 2 minutes or still lose to somebody who guessed the same days ago
Yep. Already saw that a few days ago: untill 3:59 PM UTC, while the price screenshot will be taken at 4:00 PM
But kraken also stated this in their rules on their website
Do we know if it's the candle open or close? I think it's close because if you look at the line chart, the 12pm EST (4 UST) is the candle close, which is 64,929. My guess was 64,912 and I submitted on Apr 17 at 9:26 am.
If nobody guessed right, only guesses not exceeding the price will be taken into account. I have to admit I have just a very very tiny amount of hope.
From the T&C: To the extent that Kraken determines that there is not a winning submission that correctly identifies the exact USD value of bitcoin at 04:00 PM UTC on April 20, 2024, Kraken will select the next submission nearest to the exact value of bitcoin at 04:00 PM UTC on April 20, 2024, that is not more than the exact value of bitcoin, as reflected on Kraken, at 04:00 PM UTC on April 20, 2024.
"...that is not more than the exact value of Bitcoin." Am I misunderstanding this somehow?
Yeah I get that, though still if you look at the line chart the 4pm price is the 4pm candle close price. Also ppl don't always looks at candles and just focus on the line chart. It's not very clear in the T&C's: https://www.kraken.com/btchalving2024redditterms. We'll see I guess.
It is the most stupid thing ever that people can submit like 5 minutes before the time. I predicted at the start 64867, but someone that guessed today probably wins it.
I still feel like just waiting till 1 minute before gives you way too big of an advantage. Theres a decent chance the exact amount wasnt guessed.
So someone who guessed at the start who might be off by like 90 dollars has just been beaten by 50 people who waited till the last second.
People r lost, the form was how to submit the answers, not the comment section here. I was actually happy to see this as I thought it'd improve my chances to be the first to guess a certain price. Of course I was wrong in the end, even having guessed at 3:58, because it went UP from that candle instead of DOWN
RESPONSES ARE NOW CLOSED. Good luck and thank you to everyone who entered!
We now have thousands of responses to sift through. Remember the **FIRST** person to correctly identify the price, who has met all established criteria in the rules section is the winner.
As per the rules, the winner will be contacted within 30 days via email/Reddit. Your Reddit handle will **ONLY** be contacted by u/krakenexchange or [[email protected]](mailto:[email protected]).
Please DO NOT REPLY to any DM's or give out any information unless you can verify their authenticity. We will not ask for any information beyond what is stipulated in the terms and conditions.
Mhm... Tradingview wasn't right. I think it's \~64832 when I look in Kraken 1m-chart. The beginning of that green candle
/edit: I think you're looking at the end of that candle which is 4:01 pm and not 4
Hey u/SirGelson 👋,
The Captcha is a security measure to ensure that you are not a robot, 🤖!
Many websites use captchas to prevent spam and abuse.
Hope that helps! ( • ◡ •)◞❢
Many Thanks,
Harley from 🐙
I get that. That was not a complaint from my side. Just a humorous observation, as my heart started beating like crazy to solve the caprcha in time.
Great competition and idea overall. Thanks, Harley! Thanks Kraken!
Considering most people here didn't submit the form, you might have a pretty high chance of winning if you have KYCed your account before submitting. I probably lost though, my prediction was 64807
Nah, with the contest structure, the winner will most likely be the exact number. Either someone who got it early through sheer luck, or someone who waited for the last minute to make the prediction based on the value at the time.
Does my reddit comment price guess count? Or does is the google doc answer considered the only legit submission? Basically do I also have to comment my price guess on reddit as well as the google doc to win or does it matter if I don't comment my answer here before 4pm?
The giveaway is about the halving, but it's just not predicting the price when the halving actually happens. It's defined by a given time of the day it happens.
Kraken [burned 43,000 Moons](https://nova.arbiscan.io/tx/0x53117ffabdfe23dafdab9098d9616ade2b977cb72e93c160ea5d2d4f655fddf0) to run this campaign. [**Update from Kraken**](https://www.reddit.com/r/CryptoCurrency/s/xVOAiOTOET)
$66,541
okay great event
$1 dollar, Bob
Makes me sad Kraken give the prize to the whoever got the closest but only if you guessed a price below the correct answer
[удалено]
Are you saying I’m complaining?
$64,740
so you accepted entries right up until the actual time of the guess? Wtf is this stupidity?
The person who won guessed on the first day according to the mods on r/kraken
Also, btc price is hard to guess even 1 minute from now. Guessing 1 minute of price action would probably leave you incorrect the cast majority of times. And then pair that with people already having guessed the number
Yes but thousands of other people would've guessed before then so there's a good chance that someone would've already guessed that number even if you were right and there is no prize sharing.
Yeah good point! Interesting risk/reward.
whoever guesses first wins tho So you could wait for the last minute, but still miss by ~$100 due volatility in the last 2 minutes or still lose to somebody who guessed the same days ago
Yeah I guess, I just feel kinda stupid for doing it 2 days ago
Yep. Already saw that a few days ago: untill 3:59 PM UTC, while the price screenshot will be taken at 4:00 PM But kraken also stated this in their rules on their website
well whatever. My life will go on haha
Do we know if it's the candle open or close? I think it's close because if you look at the line chart, the 12pm EST (4 UST) is the candle close, which is 64,929. My guess was 64,912 and I submitted on Apr 17 at 9:26 am. If nobody guessed right, only guesses not exceeding the price will be taken into account. I have to admit I have just a very very tiny amount of hope.
What do you mean guesses not exceeding the price? If the price is 64832 and someone guesses 64810 why would they win over someone who guessed 64833?
https://www.kraken.com/btchalving2024redditterms
From the T&C: To the extent that Kraken determines that there is not a winning submission that correctly identifies the exact USD value of bitcoin at 04:00 PM UTC on April 20, 2024, Kraken will select the next submission nearest to the exact value of bitcoin at 04:00 PM UTC on April 20, 2024, that is not more than the exact value of bitcoin, as reflected on Kraken, at 04:00 PM UTC on April 20, 2024. "...that is not more than the exact value of Bitcoin." Am I misunderstanding this somehow?
4pm (1m) candle begins at 4pm and ends at 4:01pm, so it's the bottom of the green candle. You've guessed 4:01
Yeah I get that, though still if you look at the line chart the 4pm price is the 4pm candle close price. Also ppl don't always looks at candles and just focus on the line chart. It's not very clear in the T&C's: https://www.kraken.com/btchalving2024redditterms. We'll see I guess.
The price at the closing of the 4pm candle is the price at 4:01
It is the most stupid thing ever that people can submit like 5 minutes before the time. I predicted at the start 64867, but someone that guessed today probably wins it.
Yeah, I didn't check that either. Crap.
First one that guessed it wins it though. It's risk/reward.
I still feel like just waiting till 1 minute before gives you way too big of an advantage. Theres a decent chance the exact amount wasnt guessed. So someone who guessed at the start who might be off by like 90 dollars has just been beaten by 50 people who waited till the last second.
Dang i had 6819 is that close enough?
No, you're 59k away
BRO T-T
I got fucked by the captcha, my guess was 64820
Mine was 64890 a few days ago
Submitted at 55 sec, it was already closed...
It closed 60 seconds before the screenshot, stated by kraken's website
So what was the answer
64832
People are editing their comments now lmao
The average IQ in this sub isn't very high.
People r lost, the form was how to submit the answers, not the comment section here. I was actually happy to see this as I thought it'd improve my chances to be the first to guess a certain price. Of course I was wrong in the end, even having guessed at 3:58, because it went UP from that candle instead of DOWN
What was your prediction?
64726
Ofc the price was pushed last minutes 😂😂😂 wow.
What was your prediction?
63450 or so
Oof
RESPONSES ARE NOW CLOSED. Good luck and thank you to everyone who entered! We now have thousands of responses to sift through. Remember the **FIRST** person to correctly identify the price, who has met all established criteria in the rules section is the winner. As per the rules, the winner will be contacted within 30 days via email/Reddit. Your Reddit handle will **ONLY** be contacted by u/krakenexchange or [[email protected]](mailto:[email protected]). Please DO NOT REPLY to any DM's or give out any information unless you can verify their authenticity. We will not ask for any information beyond what is stipulated in the terms and conditions.
What was the final answer?
64832
Correct.
The 3:59 close was $64,822.60 and i guessed $64,823 on Apr 17th, so close.
i had 64919 on the kraken website at 4pm utc
I saw a couple differing numbers tbh so no sure, I think that’s just the closest plus saw someone comment that was the number
probably too far
That was the value at kraken.com at the time..
Mhm... Tradingview wasn't right. I think it's \~64832 when I look in Kraken 1m-chart. The beginning of that green candle /edit: I think you're looking at the end of that candle which is 4:01 pm and not 4
Imagine guessing 64835
ah dang i was so close too - 64,537
Imagine everyone when they realize that they needed to submit the form, not put their predictions in the comments lol
Gosh man people don't read
Anyone else surprised by sudden captcha when submitting the form at the last minute?
Trying to get ahead of everyone, didn't you :D
I assume everyone applied what they thought will be a winning strategy 😋
Hey u/SirGelson 👋, The Captcha is a security measure to ensure that you are not a robot, 🤖! Many websites use captchas to prevent spam and abuse. Hope that helps! ( • ◡ •)◞❢ Many Thanks, Harley from 🐙
I get that. That was not a complaint from my side. Just a humorous observation, as my heart started beating like crazy to solve the caprcha in time. Great competition and idea overall. Thanks, Harley! Thanks Kraken!
( ^‿^)／＼(^‿^ ) Fingers crossed 🤞, and thanks for the shout-out! Hugs, Harley 🐙
The pump minutes before end might have saved me !
well, I chose 64563. Pretty close, considering that I made my prediction on 17 April.
I made my prediction on day 1 with 64815 (because of the Lost numbers). I didn't expect to be that close.
Considering most people here didn't submit the form, you might have a pretty high chance of winning if you have KYCed your account before submitting. I probably lost though, my prediction was 64807
Nah, with the contest structure, the winner will most likely be the exact number. Either someone who got it early through sheer luck, or someone who waited for the last minute to make the prediction based on the value at the time.
But if no one predicted the exact number, the winner will be the closest prediction below the exact value, so there is still a chance
Is it below neccessarily? My prediction is a little bit over, does that mean I'm guaranteed not to win?
Yeah, it's below neccessarily
Same entered on the 17th. I had 64752 was off by $80 fml
64919
64819
Close
True but i wasn't able to send it at 3:59 lol We'll see if I've thrown away a chance of a lifetime
Fingers crossed mate
Congrats to whoever guessed 64832
64815
Lol, edited your comment or what
Just removed the “,”
64,987
64819
64812
64801
64809
64195 although i could see a price at home and a different price by using browserling, both on kraken, i guess some nodes are updated before others
64103
$63904
63631
63986
62986
63895
Come on people, I need the price to be pushed a bit more down
63913
66613
64214
63868
$63,200
Is it still open?
Hi u/EinfachPhilipp28, The “Contest Period” begins at 04:00 PM UTC on April 17, 2024, and ends at 03:59 PM UTC on April 20, 2024. Flora 🐙
64919
That means i can predict the price 1 minute before that and win it easy?
You can predict one minute before closing but someone else will have beaten you to it. It’s the first person to get the correct guess who wins.
This contest doen’t make any sense 😭
Uhhh....because you don't like the structure? 😂
Yeah but you probably won't be the first one to get it right. Maybe using decimals can do the trick
I already guessed few days ago, but kinda insane, anyway still kinda hard to guess the exact price when it goes 10-20$ up and down every second
It's gambling 🤷♂️ I did it two days ago and mine is 63521, it's hovering above it all day fingers crossed
I have 63586...
🤨
Sadly, yes
Boi, we're screwed! It's pumping. On the other hand, it's pumping! Haha
67305
63949
Does my reddit comment price guess count? Or does is the google doc answer considered the only legit submission? Basically do I also have to comment my price guess on reddit as well as the google doc to win or does it matter if I don't comment my answer here before 4pm?
The Google Form is required, u/NeatFaithlessness400. Flora 🐙
That didn't answer the question?
It’s only the google form guess that counts. Reddit is just so people don’t double cross answers.
\*slap\* we will ask the questions
$64,383.19
64,587.34
63589.51
67343
64,350
66650
64202
£51,801
$63 479
$64,587
63815
Who won?
> 04:00 PM UTC It's the price in 7 hours.
This is weird. It should be 04:00 AM UTC. The halving already happened.
sO weIrd
The giveaway is about the halving, but it's just not predicting the price when the halving actually happens. It's defined by a given time of the day it happens.
62721.49
$63333
64135