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Topic: 420's Non-Ponzi Loans & LiteCoin Options (Lend to me, or Get a loan, Calls/Puts) - page 9. (Read 20588 times)

sr. member
Activity: 396
Merit: 250
Oh man! 420 has been wheeling and dealing tonight! I'll hold my options contract for now. (;
420
hero member
Activity: 756
Merit: 500
I hope you all realized that those options are only as good as the person you trade with. So you put alot of trust into 420 that he will be here in 6 months and able to fullfill his part in case that the LTC price rise by a factor of 100 or whatever it is that time...
Obviously I trust 420 to keep his side of the bargain otherwise I wouldn't have entered into the contract.

Also, the way the deal was made, the worse case scenario for me was that I paid $40 for 500 LTC.

Scott J exercised his option and he delivered $400 and i delivered him a 4500 LTC BTC-E code that he will come on later to confirm this is correct
I can confirm that.

It was a pleasure working with 420 - will look at doing so again when the markets calm down  Grin

yes chaos

thanks for doing business
420
hero member
Activity: 756
Merit: 500
i AGREE! SEND me the USD! Smiley

Its in your inbox! Smiley

Received funds correctly $300
legendary
Activity: 1792
Merit: 1000
I hope you all realized that those options are only as good as the person you trade with. So you put alot of trust into 420 that he will be here in 6 months and able to fullfill his part in case that the LTC price rise by a factor of 100 or whatever it is that time...
Obviously I trust 420 to keep his side of the bargain otherwise I wouldn't have entered into the contract.

Also, the way the deal was made, the worse case scenario for me was that I paid $40 for 500 LTC.

Scott J exercised his option and he delivered $400 and i delivered him a 4500 LTC BTC-E code that he will come on later to confirm this is correct
I can confirm that.

It was a pleasure working with 420 - will look at doing so again when the markets calm down  Grin
hero member
Activity: 648
Merit: 500

Increased 2 month rate from 10% to 11% return Smiley


 Undecided Undecided

Lemme know if you need any more BTC  Grin
420
hero member
Activity: 756
Merit: 500
I've agreed to deposit $300 for one month at 5%.

Paid using $150 gox code and $150 bitstamp code, repaid using Gox code in the next 31 days.

i AGREE! SEND me the USD! Smiley
420
hero member
Activity: 756
Merit: 500
I hope you all realized that those options are only as good as the person you trade with. So you put alot of trust into 420 that he will be here in 6 months and able to fullfill his part in case that the LTC price rise by a factor of 100 or whatever it is that time...
Obviously I trust 420 to keep his side of the bargain otherwise I wouldn't have entered into the contract.

Also, the way the deal was made, the worse case scenario for me was that I paid $40 for 500 LTC.

Scott J exercised his option and he delivered $400 and i delivered him a 4500 LTC BTC-E code that he will come on later to confirm this is correct

ALSO:

Added new 1 month term for 5% return
Increased 2 month rate from 10% to 11% return Smiley
420
hero member
Activity: 756
Merit: 500
Per our PMs 420...
You send 1100 Litecoins to my wallet
LdK2Zx2tGFcABc3b2GdHZKGq2vtvUTpFXu
and our futures contract for 2000 Litecoins at 10 cents for 9 months will be held as fulfilled upon receipt.

Sent 1,100.

2,000LTC contract is now invalid

Confirm receipt of 1100 Litecoins in fulfillment of our options contract.  Contract is now complete and void.  Very good trading with 420, he's been a man of his word and all trades have been quick and easy.

Great!
newbie
Activity: 42
Merit: 0
Per our PMs 420...
You send 1100 Litecoins to my wallet
LdK2Zx2tGFcABc3b2GdHZKGq2vtvUTpFXu
and our futures contract for 2000 Litecoins at 10 cents for 9 months will be held as fulfilled upon receipt.

Sent 1,100.

2,000LTC contract is now invalid

Confirm receipt of 1100 Litecoins in fulfillment of our options contract.  Contract is now complete and void.  Very good trading with 420, he's been a man of his word and all trades have been quick and easy.
newbie
Activity: 42
Merit: 0
Per our PMs 420...
You send 1100 Litecoins to my wallet
LdK2Zx2tGFcABc3b2GdHZKGq2vtvUTpFXu
and our futures contract for 2000 Litecoins at 10 cents for 9 months will be held as fulfilled upon receipt.
420
hero member
Activity: 756
Merit: 500
I hope you all realized that those options are only as good as the person you trade with. So you put alot of trust into 420 that he will be here in 6 months and able to fullfill his part in case that the LTC price rise by a factor of 100 or whatever it is that time...
Obviously I trust 420 to keep his side of the bargain otherwise I wouldn't have entered into the contract.

Also, the way the deal was made, the worse case scenario for me was that I paid $40 for 500 LTC.



Negotiated with him on his loan thread: https://bitcointalksearch.org/topic/wanted-400-loan-149699

I see you need a loan.

Howbout we make a new deal.

I give you 2605LTC for nothing and we cancel the rest of the option contract (1895LTC).

Then you have LTC you can sell for just about $500 (the amount of loan you wanted)
legendary
Activity: 1792
Merit: 1000
I hope you all realized that those options are only as good as the person you trade with. So you put alot of trust into 420 that he will be here in 6 months and able to fullfill his part in case that the LTC price rise by a factor of 100 or whatever it is that time...
Obviously I trust 420 to keep his side of the bargain otherwise I wouldn't have entered into the contract.

Also, the way the deal was made, the worse case scenario for me was that I paid $40 for 500 LTC.

member
Activity: 84
Merit: 10
Weighted companion cube
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.
newbie
Activity: 42
Merit: 0
I hope you all realized that those options are only as good as the person you trade with. So you put alot of trust into 420 that he will be here in 6 months and able to fullfill his part in case that the LTC price rise by a factor of 100 or whatever it is that time...

Gee... I never thought of that.  Well let's ask him. 

Are you scamming me on the option contract we have 420?



FFS Eisenhower, trust is what contracts are based on, especially in the bitcoin community.  Some people still have their word as their bond.  Many cryptocoiners are so paranoid (I wonder why?).  At any rate, my investment is small and it's mine to risk.
legendary
Activity: 906
Merit: 1002
I hope you all realized that those options are only as good as the person you trade with. So you put alot of trust into 420 that he will be here in 6 months and able to fullfill his part in case that the LTC price rise by a factor of 100 or whatever it is that time...
hero member
Activity: 648
Merit: 500
In negotiations with steamboat for a BTC denominated loan, $1,000 worth for 8% interest in 2 months time

He can pay me at 13qvP8vSEKPxLHXNPeHtCE4TGgZFaZU6am to start

Mt. Gox spot okay?

okay yeah well that really doesn't matter anyway since we'll just give the interest off the BTC quantity so as long as it's under $1,500 worth

Was gonna make it exact, but made it BTC 22 to make the math easy.

This message confirming payment sent, Tx ID  e233aa1b92db95998e1e7340f1e61dd71ca2f63a05127fc1aae29514ebc2632f


Received 22BTC confirmed

23.76BTC exactly due by May 6th 2013 Eastern time

Sounds good to me.
420
hero member
Activity: 756
Merit: 500
In negotiations with steamboat for a BTC denominated loan, $1,000 worth for 8% interest in 2 months time

He can pay me at 13qvP8vSEKPxLHXNPeHtCE4TGgZFaZU6am to start

Mt. Gox spot okay?

okay yeah well that really doesn't matter anyway since we'll just give the interest off the BTC quantity so as long as it's under $1,500 worth

Was gonna make it exact, but made it BTC 22 to make the math easy.

This message confirming payment sent, Tx ID  e233aa1b92db95998e1e7340f1e61dd71ca2f63a05127fc1aae29514ebc2632f


Received 22BTC confirmed

23.76BTC exactly due by May 6th 2013 Eastern time
hero member
Activity: 648
Merit: 500
In negotiations with steamboat for a BTC denominated loan, $1,000 worth for 8% interest in 2 months time

He can pay me at 13qvP8vSEKPxLHXNPeHtCE4TGgZFaZU6am to start

Mt. Gox spot okay?

okay yeah well that really doesn't matter anyway since we'll just give the interest off the BTC quantity so as long as it's under $1,500 worth

Was gonna make it exact, but made it BTC 22 to make the math easy.

This message confirming payment sent, Tx ID  e233aa1b92db95998e1e7340f1e61dd71ca2f63a05127fc1aae29514ebc2632f
420
hero member
Activity: 756
Merit: 500
In negotiations with steamboat for a BTC denominated loan, $1,000 worth for 8% interest in 2 months time

He can pay me at 13qvP8vSEKPxLHXNPeHtCE4TGgZFaZU6am to start

Mt. Gox spot okay?

okay yeah well that really doesn't matter anyway since we'll just give the interest off the BTC quantity so as long as it's under $1,500 worth
hero member
Activity: 648
Merit: 500
In negotiations with steamboat for a BTC denominated loan, $1,000 worth for 8% interest in 2 months time

He can pay me at 13qvP8vSEKPxLHXNPeHtCE4TGgZFaZU6am to start

Mt. Gox spot okay?
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