
This market will resolve based on the growth of each of the listed assets between 2024-05-16 and 2029-05-16. The asset that will grow the most will "win".
Here're the baseline values, from marketwatch.com, coindesk.com and bloomberg.com:
S&P 500: 5308.15
NASDAQ Composite: 16742.39
Dow (DJIA): $39869.38
BTC: $65950.32
ETH: $3016.79
SOL: $161.52
USD: $1
EUR: $1.0876
JPY: $0.00648
On 2029-05-16 I will similarly retrieve the values for these assets, calculate how much they have grown (or diminished) over 5 years and will resolve the market accordingly. Since the assets are evaluated in USD, the growth for USD will necessarily be 1x or 0%.
I do not bet on my own questions.
Comparing the growth dynamics between indices and cryptocurrencies over a 5-year horizon is always controversial. Some bet on the stability of traditional markets, while others are confident in the potential of decentralized assets. Such discussions make you think about your personal savings or investment strategy. In this context, it is not a bad idea to clarify the terms of storing funds or deposits - for example, I recently contacted Discover Bank phone number to find out what savings account offers they currently have. It is always useful to combine an interest in risky assets with basic financial security.
@SethSoarenson For which one of these assets the ratio (value in USD on 2029-05-16 / value in USD on 2024-05-16) will be the highest.
$1 will always be $1, so it's growth will be 1x or +0%.
Suppose 1 EUR will be = $1.5. This translates into 1.5/1.08876 = 1.38x growth or +38%.
If 1 JPY will be = $0.005, then it will diminish by 0.005 / 0.00648 = 0.77x or -23%.
So out of these 3 assets EUR grew the most.
Does it make sense?
@OlegEterevsky cool, so if I understand correctly, if you made this same question 5 years ago, ETH would have won because it grew 1770% and every other chart would have resolved no?