Author

Topic: Payment on Difference agreement (Read 746 times)

legendary
Activity: 1792
Merit: 1000
April 04, 2013, 02:22:47 PM
#5
Hey,
Scott: Would you be willing to do something like that for me, too?  It would be for BTC and on a smaller scale.
Feel free to send me a PM to explain.
hero member
Activity: 854
Merit: 1000
April 04, 2013, 02:17:47 PM
#4
Hey,
Scott: Would you be willing to do something like that for me, too?  It would be for BTC and on a smaller scale.
legendary
Activity: 1099
Merit: 1000
April 04, 2013, 02:12:46 PM
#3
100 LTC received, agreement is current.
legendary
Activity: 1792
Merit: 1000
April 04, 2013, 02:09:00 PM
#2
Agreement between gusti and Scott J.

This agreement is for gusti to pay to Scott J the difference over strike price of $6 / LTC trading price for an amount of 1000 LTC, at any given time chosen by Scott J before July 5th, 2013.

Payment will be made by gusti to Scott J in equivalent BTC for the USD amount.

e.g. if price at chosen time is $7 / LTC, gusti will pay to Scott J the amount of $1000 in BTC.

If strike price is not reached before agreement expiry, no payment will be made from each party to the other.

In return, Scott J is paying now to gusti a one-time, non-refundable premium of 100 LTC to address :
LQpzowxX8FW53tPZdcmWkRN7zFFV7a4Nfz
Agreed.

http://explorer.litecoin.net/tx/6d54dc1ea7d6f354e7057c8044aa454226710667be920496d8977fb153352956#o0

Thanks, gusti  Smiley
legendary
Activity: 1099
Merit: 1000
April 04, 2013, 01:51:50 PM
#1
Agreement between gusti and Scott J.

This agreement is for gusti to pay to Scott J the difference over strike price of $6 / LTC trading price for an amount of 1000 LTC, at any given time chosen by Scott J before July 5th, 2013.

Payment will be made by gusti to Scott J in equivalent BTC for the USD amount.

e.g. if price at chosen time is $7 / LTC, gusti will pay to Scott J the amount of $1000 in BTC.

If strike price is not reached before agreement expiry, no payment will be made from each party to the other.

In return, Scott J is paying now to gusti a one-time, non-refundable premium of 100 LTC to address :
LQpzowxX8FW53tPZdcmWkRN7zFFV7a4Nfz

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