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Topic: [DEAL LOCKED IN WITH USER 420] LTC (Read 2765 times)

legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
June 10, 2013, 02:36:02 PM
#54
Times have changed. I think in a year things will be much different than now also.

Get ready...
420
hero member
Activity: 756
Merit: 500
June 10, 2013, 04:27:45 AM
#53
Good deal smoothie, good...

Can't blame 420 too, it wasn't really obvious ltc would hit 4.5 or what was the ATH so fast or ever. I'd sell some of my alts for 7 cents a piece right now, you can laugh at me later as much as you want  Grin

we've come so far.

Now other alt's are more than litecoin was just a few months ago
legendary
Activity: 2772
Merit: 1028
Duelbits.com
June 09, 2013, 09:48:07 PM
#52
Good deal smoothie, good...

Can't blame 420 too, it wasn't really obvious ltc would hit 4.5 or what was the ATH so fast or ever. I'd sell some of my alts for 7 cents a piece right now, you can laugh at me later as much as you want  Grin
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
June 09, 2013, 09:39:34 PM
#51
I remember you giving this deal out way back when 420.

It looks like it kinda bit you in the butt.  Undecided

I should have bought a contract with you as well, I am kicking myself right now.  Smiley

But then I would have felt bad for you to have to sell your Litecoins so cheaply, so I guess it would have been bittersweet.

I hope you are well, haven't seen you around in a while.

Cheers,

Ch

well imagine putting a lot of money into something quite risky, but then imagine having a hedge that someone would buy some of it for something in the future.

I'm not an idiot (response to NWO)

+1 both sides had risk.
420
hero member
Activity: 756
Merit: 500
June 09, 2013, 02:42:56 PM
#50
I remember you giving this deal out way back when 420.

It looks like it kinda bit you in the butt.  Undecided

I should have bought a contract with you as well, I am kicking myself right now.  Smiley

But then I would have felt bad for you to have to sell your Litecoins so cheaply, so I guess it would have been bittersweet.

I hope you are well, haven't seen you around in a while.

Cheers,

Ch

well imagine putting a lot of money into something quite risky, but then imagine having a hedge that someone would buy some of it for something in the future.

I'm not an idiot (response to NWO)
legendary
Activity: 1484
Merit: 1026
In Cryptocoins I Trust
June 09, 2013, 02:00:49 PM
#49
I remember you giving this deal out way back when 420.

It looks like it kinda bit you in the butt.  Undecided

I should have bought a contract with you as well, I am kicking myself right now.  Smiley

But then I would have felt bad for you to have to sell your Litecoins so cheaply, so I guess it would have been bittersweet.

I hope you are well, haven't seen you around in a while.

Cheers,

Ch
420
hero member
Activity: 756
Merit: 500
June 09, 2013, 01:38:39 PM
#48
This was fulfilled to smoothie's satisfaction. right smooth?

Yes. Satisfied customer $1400 for 10,000 LTC the first week in April the deal was finalized.

 Grin Grin Grin


The deal was modified so that I would pay twice the original amount of $700 to close the contract early.

Contract locked in with 420.

See here: http://forum.litecoin.net/index.php/topic,1098.msg6086.html#msg6086

I will buy 10k LTC from user 420 for $700 on January 1st, 2014.

oh this will be fun.............

wonder why I didn't negotiate a higher price....

Nice!

The seller was an idiot haha.

Date Registered:   May 07, 2013, 04:44:55 AM
sr. member
Activity: 412
Merit: 250
Bitcoin is the Future of currency
June 09, 2013, 07:47:21 AM
#47
I want LTC to go on MT-GOX and then we all have a good fun with this topic
NWO
sr. member
Activity: 392
Merit: 250
June 09, 2013, 07:39:20 AM
#46
This was fulfilled to smoothie's satisfaction. right smooth?

Yes. Satisfied customer $1400 for 10,000 LTC the first week in April the deal was finalized.

 Grin Grin Grin


The deal was modified so that I would pay twice the original amount of $700 to close the contract early.

Contract locked in with 420.

See here: http://forum.litecoin.net/index.php/topic,1098.msg6086.html#msg6086

I will buy 10k LTC from user 420 for $700 on January 1st, 2014.

oh this will be fun.............

wonder why I didn't negotiate a higher price....

Nice!

The seller was an idiot haha.
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
June 09, 2013, 06:21:19 AM
#45
This was fulfilled to smoothie's satisfaction. right smooth?

Yes. Satisfied customer $1400 for 10,000 LTC the first week in April the deal was finalized.

 Grin Grin Grin


The deal was modified so that I would pay twice the original amount of $700 to close the contract early.

Contract locked in with 420.

See here: http://forum.litecoin.net/index.php/topic,1098.msg6086.html#msg6086

I will buy 10k LTC from user 420 for $700 on January 1st, 2014.

oh this will be fun.............

wonder why I didn't negotiate a higher price....
newbie
Activity: 42
Merit: 0
May 03, 2013, 09:11:29 PM
#44
lol can i buy also a contract to buy 1000 BTCs at 4$ for 1rst of Jan 2014? :p Tongue

How about do that with your FeatherCoins (:

I think you really want my Feathers :p Tongue

Of course!
full member
Activity: 168
Merit: 100
May 03, 2013, 09:07:19 PM
#43
lol can i buy also a contract to buy 1000 BTCs at 4$ for 1rst of Jan 2014? :p Tongue

How about do that with your FeatherCoins (:

I think you really want my Feathers :p Tongue
newbie
Activity: 42
Merit: 0
May 03, 2013, 08:49:48 PM
#42
lol can i buy also a contract to buy 1000 BTCs at 4$ for 1rst of Jan 2014? :p Tongue

How about do that with your FeatherCoins (:
full member
Activity: 168
Merit: 100
May 03, 2013, 08:44:35 PM
#41
lol can i buy also a contract to buy 1000 BTCs at 4$ for 1rst of Jan 2014? :p Tongue
sr. member
Activity: 1232
Merit: 250
Alexander KOSTIN | GoldMint
May 03, 2013, 08:43:09 PM
#40
haha seems you lost out hard on this Tongue
420
hero member
Activity: 756
Merit: 500
May 03, 2013, 08:38:59 PM
#39
This was fulfilled to smoothie's satisfaction. right smooth?
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
March 23, 2013, 03:18:01 AM
#38
Figured it is time to give this thread a bump.

Price of LTC at $0.50
sr. member
Activity: 396
Merit: 250
January 26, 2013, 03:39:14 PM
#37
When I typed the response, it was based on smoothie's OP that stated CAN and not WILL. This would make my response correct, as that would be an option.
member
Activity: 84
Merit: 10
January 26, 2013, 12:58:08 AM
#36
So I'm to understand that 420 provided an option contract to Smoothie for the right to buy 10k LTC a year from now at $.07/ea, but I see nothing about an option premium?!

It's not an option, its a forward contract.  The purchase is mandatory.  This type of contract, while not as common as an option, is perfectly ordinary and does not always (or usually) carry a premium.
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
January 25, 2013, 09:05:41 PM
#35
Is there any scenario where LTC is gone by then? I'm guessing only if a code vulnerability is found and hacked... otherwise it's always worth SOMETHING

Well presuming the network still exists and you can send LTC I WILL but 10,000 LTC for $700.

You're going to get your money either way. Just depends on if I can get the LTC. I hardly think LTC will be abandoned to that point where no one is mining it anymore.

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