420's Non-Ponzi Loans & LiteCoin Options (Lend to me, or Get a loan, Calls/Puts) - page 8.

Vod

legendary

Activity: 3668

Merit: 3010

Licking my boob since 1970

Quote from: Eisenhower34 on March 09, 2013, 05:50:03 PM

I was asked to state that 420 has $1200 in his "campbx" account. He sent me a video as proof.

Edit: received another email, with another account of another exchange service with ~$1000 and 14 BTC proofed by video.

Ok, why does this matter? These accounts are under his control, so you can't use them as any type of collateral or security.

420

hero member

Activity: 756

Merit: 500

Quote from: Eisenhower34 on March 09, 2013, 05:50:03 PM

I was asked to state that 420 has $1200 in his "campbx" account. He sent me a video as proof.

about 7btc at $45 plus my balance is about $1,486 actually

and my other account?

no need to mention what site the accounts are at

EDIT: Lowered my interest rates on loans and increased my LTC option offer strike price from 0.30 to $0.35

(I'm less apt for more contracts right now)

Eisenhower34

legendary

Activity: 906

Merit: 1002

I was asked to state that 420 has $1200 in his "campbx" account. He sent me a video as proof.

Edit: received another email, with another account of another exchange service with ~$1000 and 14 BTC proofed by video.

420

hero member

Activity: 756

Merit: 500

Quote from: steamboat on March 09, 2013, 05:01:04 PM

Quote from: 420 on March 09, 2013, 04:47:08 PM

Quote from: steamboat on March 06, 2013, 09:00:21 PM

Quote from: 420 on March 06, 2013, 08:23:57 PM

Increased 2 month rate from 10% to 11% return

Lemme know if you need any more BTC Grin

PM'd steamboat we agreed and I want 10BTC more for a 2nd loan at 9% over 2 months
steam please send to: 1Jvv4Z4KPjZrZB8rMKpMMdWxMkRFPeymTz

Confirmed additional 10 btc loan @ 9% interest for two months. BTC10.9 to be paid in full no later than June 9th, 2013.

Tx ID: 621086b7d31b24684e41df907681cbdbc54d01c4c5aa0d2b25872159c6021e39

Confirmed receipt; updated OP

steamboat

hero member

Activity: 648

Merit: 500

Quote from: 420 on March 09, 2013, 04:47:08 PM

Quote from: steamboat on March 06, 2013, 09:00:21 PM

Quote from: 420 on March 06, 2013, 08:23:57 PM

Increased 2 month rate from 10% to 11% return

Lemme know if you need any more BTC Grin

PM'd steamboat we agreed and I want 10BTC more for a 2nd loan at 9% over 2 months
steam please send to: 1Jvv4Z4KPjZrZB8rMKpMMdWxMkRFPeymTz

Confirmed additional 10 btc loan @ 9% interest for two months. BTC10.9 to be paid in full no later than June 9th, 2013.

Tx ID: 621086b7d31b24684e41df907681cbdbc54d01c4c5aa0d2b25872159c6021e39

maxcarjuzaa

full member

Activity: 188

Merit: 100

Quote from: 420 on March 09, 2013, 04:37:55 PM

Quote from: maxcarjuzaa on March 09, 2013, 04:35:04 PM

Quote from: 420 on March 09, 2013, 04:23:45 PM

Quote from: maxcarjuzaa on March 09, 2013, 10:28:58 AM

I want to excercise 600 options. I've sent pm with detais.

TY.

hey max as per PM we agreed on half, or 1,500 LTC

right now you owe 0.12x1500 = $180

The worth of LTC to be $180 after trading fee of 0.2% with current buy order ( large buy at 0.219) means a quantity of exactly: 823.56493809536881983144370933648

1,500 - 823.56493809536881983144370933648 =
676.43506190463118016855629066352 I send to you

If agree please quote this and reply

OK, Great, you can send me ltc or btc-e code is ok with me.

Just sent the code

Recieved, TY!

420

hero member

Activity: 756

Merit: 500

Quote from: steamboat on March 06, 2013, 09:00:21 PM

Quote from: 420 on March 06, 2013, 08:23:57 PM

Increased 2 month rate from 10% to 11% return

Lemme know if you need any more BTC Grin

PM'd steamboat we agreed and I want 10BTC more for a 2nd loan at 9% over 2 months
steam please send to: 1Jvv4Z4KPjZrZB8rMKpMMdWxMkRFPeymTz

420

hero member

Activity: 756

Merit: 500

Quote from: maxcarjuzaa on March 09, 2013, 04:35:04 PM

Quote from: 420 on March 09, 2013, 04:23:45 PM

Quote from: maxcarjuzaa on March 09, 2013, 10:28:58 AM

I want to excercise 600 options. I've sent pm with detais.

TY.

hey max as per PM we agreed on half, or 1,500 LTC

right now you owe 0.12x1500 = $180

The worth of LTC to be $180 after trading fee of 0.2% with current buy order ( large buy at 0.219) means a quantity of exactly: 823.56493809536881983144370933648

1,500 - 823.56493809536881983144370933648 =
676.43506190463118016855629066352 I send to you

If agree please quote this and reply

OK, Great, you can send me ltc or btc-e code is ok with me.

Just sent the code

maxcarjuzaa

full member

Activity: 188

Merit: 100

Quote from: 420 on March 09, 2013, 04:23:45 PM

Quote from: maxcarjuzaa on March 09, 2013, 10:28:58 AM

I want to excercise 600 options. I've sent pm with detais.

TY.

hey max as per PM we agreed on half, or 1,500 LTC

right now you owe 0.12x1500 = $180

The worth of LTC to be $180 after trading fee of 0.2% with current buy order ( large buy at 0.219) means a quantity of exactly: 823.56493809536881983144370933648

1,500 - 823.56493809536881983144370933648 =
676.43506190463118016855629066352 I send to you

If agree please quote this and reply

OK, Great, you can send me ltc or btc-e code is ok with me.

420

hero member

Activity: 756

Merit: 500

Quote from: maxcarjuzaa on March 09, 2013, 10:28:58 AM

I want to excercise 600 options. I've sent pm with detais.

TY.

hey max as per PM we agreed on half, or 1,500 LTC

right now you owe 0.12x1500 = $180

The worth of LTC to be $180 after trading fee of 0.2% with current buy order ( large buy at 0.219) means a quantity of exactly: 823.56493809536881983144370933648

1,500 - 823.56493809536881983144370933648 =
676.43506190463118016855629066352 I send to you

If agree please quote this and reply

420

hero member

Activity: 756

Merit: 500

Quote from: Scott J on March 09, 2013, 03:51:44 PM

I may be interested in a 1 year option contract to buy @ 0.25 for a larger amount of coins.

Thoughts?

I'd have to hold off on any contracts above 5,000 LTC and that would require a very high fee as we're already at 0.22

Scott J

legendary

Activity: 1792

Merit: 1000

I may be interested in a 1 year option contract to buy @ 0.25 for a larger amount of coins.

Thoughts?

420

hero member

Activity: 756

Merit: 500

Quote from: maxcarjuzaa on March 09, 2013, 10:28:58 AM

I want to excercise 600 options. I've sent pm with detais.

TY.

I was thinking the same thing. Since these terms weren't discussed I'd like it to be full exercise or none; can you exercise it all?

EDIT: I'll change my mind and right now let you exercise half your contract, 1,500 LTC

Good idea Moose

cptmooseinc

sr. member

Activity: 396

Merit: 250

Partial exercise? That would be strange to be allowed.

420, to clarify this in the future, maybe you should do like real options and sell a contract that is equal to a certain amount of LTC in case people would like to exercise blocks of LTC like the poster above.

With the value of LTC being like it is, 100LTC to 1 contract is much too low. I would suggest selling contracts in 1,000LTC increments. That way, anyone trying to get a contract from here on out could execute part of their deal but not all of it. Then you don't have to deal with keeping track of who has what balance with which contract, you just have to track how many of their original contracts they have left. Then if they choose to exercise an option, they get 1,000LTC and their contracts outstanding reduce by 1. Much easier.

-Moose

maxcarjuzaa

full member

Activity: 188

Merit: 100

I want to excercise 600 options. I've sent pm with detais.

TY.

420

hero member

Activity: 756

Merit: 500

Quote from: steamboat on March 06, 2013, 09:00:21 PM

Quote from: 420 on March 06, 2013, 08:23:57 PM

Increased 2 month rate from 10% to 11% return

Lemme know if you need any more BTC Grin

for some reason I like USD more...even though I know I can convert BTC to usd if i was borrowed but of course there's selling fees. So my interest rates are based on USD. Because usd is generally losing value and btc gaining value this makes more sense to be easier for me to accomplish

420

hero member

Activity: 756

Merit: 500

I can now sell an LTC contract for 6 months for $0.30.

Who's interested?

Quote from: poly on March 06, 2013, 06:50:03 AM

Many cryptocoiners are paranoid because the bitcoin world is rife with scammers. It's disgusting, and you hardly see this anywhere else.

420 is what I'd call a "forum superstar", but just because you spent a lot of time on bitcointalk doesn't mean you're automatically trusted. You need actual reputation.

I think I just read or realized what you said and my response is Thank you!

Scott J

legendary

Activity: 1792

Merit: 1000