Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: 420 on January 21, 2013, 07:06:25 AM



Title: LTC Price will go OVER 0.004 BTC by feb 13 (BTC-e price)
Post by: 420 on January 21, 2013, 07:06:25 AM
NEW BET, will LTC/BTC go over 0.004 ? http://betsofbitco.in/item?id=1200

http://betsofbitco.in/item?id=1161 (deadline past, bet ends on 27th)

http://betsofbitco.in/item?id=1177 (deadline 3 days, bet ends feb 3)


Title: Re: LTC Price will drop below 0.003 BTC before January 27 2013
Post by: msweb on January 22, 2013, 07:09:23 PM
It's very likely that this will happen. It may will be the case within the next hours already. The prize is already near that line and the value of btc (in usd) is going up and up. I'm the one with the 0.1 BTC bet for 'Agree'.


Title: Re: LTC Price will drop below 0.003 BTC before January 27 2013
Post by: 420 on January 22, 2013, 07:13:03 PM
It's very likely that this will happen. It may will be the case within the next hours already. The prize is already near that line and the value of btc (in usd) is going up and up. I'm the one with the 0.1 BTC bet for 'Agree'.

well ti's you or me msweb...the price may be close but it takes 351btc in one gulp to get us there

thats over $6,000

maybe i shoulda just put the bet at LTC/USD...that's holding up :P


Title: Re: LTC Price will drop below 0.003 BTC before January 27 2013
Post by: salfter on January 22, 2013, 07:51:03 PM
http://betsofbitco.in/item?id=1161

Looks like it's already there:

https://ltcexchange.bitparking.com/main

Sell price is already down to 0.0028 BTC/Ł.  Buy is still at 0.00389 BTC/Ł, but it's not likely to stay there.  If this keeps up, I'm switching back to mining Bitcoin directly.


Title: Re: LTC Price will drop below 0.003 BTC before January 27 2013
Post by: smoothie on January 22, 2013, 08:15:16 PM
http://betsofbitco.in/item?id=1161

Looks like it's already there:

https://ltcexchange.bitparking.com/main

Sell price is already down to 0.0028 BTC/Ł.  Buy is still at 0.00389 BTC/Ł, but it's not likely to stay there.  If this keeps up, I'm switching back to mining Bitcoin directly.

LOL I think the bet should have said that the btce.com rate of LTC/BTC should be the price used. It has the highest volume.

Technically this bet is over if someone sold a few hundred LTC on one of the low volume exchanges.


Title: Re: LTC Price will drop below 0.003 BTC before January 27 2013
Post by: 420 on January 22, 2013, 08:18:11 PM
YOU SILLY MOTHERFUCKERS

The bet page says "According to trading on https://btc-e.com/exchange/ltc_btc "

If this keeps up, I'm switching back to mining Bitcoin directly.

checkout the charts. it bounces up and down. it can double in a month:
http://www.cryptocoincharts.info/period-charts.php?period=alltime&resolution=day&pair=ltc-btc&market=btc-e

http://www.cryptocoincharts.info/period-charts.php?period=alltime&resolution=day&pair=ltc-usd&market=btc-e


Title: Re: LTC Price will drop below 0.003 BTC before January 27 2013
Post by: smoothie on January 22, 2013, 09:30:13 PM
YOU SILLY MOTHERFUCKERS

The bet page says "According to trading on https://btc-e.com/exchange/ltc_btc "

If this keeps up, I'm switching back to mining Bitcoin directly.

checkout the charts. it bounces up and down. it can double in a month:
http://www.cryptocoincharts.info/period-charts.php?period=alltime&resolution=day&pair=ltc-btc&market=btc-e

http://www.cryptocoincharts.info/period-charts.php?period=alltime&resolution=day&pair=ltc-usd&market=btc-e

Your thread title should say BTC-E also. It is misleading.


Title: Re: LTC Price will drop below 0.003 BTC before January 27 2013
Post by: 420 on January 22, 2013, 09:42:14 PM
YOU SILLY MOTHERFUCKERS

The bet page says "According to trading on https://btc-e.com/exchange/ltc_btc "

If this keeps up, I'm switching back to mining Bitcoin directly.

checkout the charts. it bounces up and down. it can double in a month:
http://www.cryptocoincharts.info/period-charts.php?period=alltime&resolution=day&pair=ltc-btc&market=btc-e

http://www.cryptocoincharts.info/period-charts.php?period=alltime&resolution=day&pair=ltc-usd&market=btc-e

Your thread title should say BTC-E also. It is misleading.

i assume anyone with a cerrebrum knows btc-e is the major LTC exchange. it has 36x the volume of the 2nd biggest


Title: Re: LTC Price will drop below 0.003 BTC before January 27 2013 (BTC-e price)
Post by: msweb on January 22, 2013, 11:48:19 PM
Anyone who read the bet on 420s posted link is able to see the following:
"According to trading on https://btc-e.com/exchange/ltc_btc "

So all the other exchanges are not involved. BTC-e only. No mislead at all.


Title: Re: LTC Price will drop below 0.003 BTC before January 27 2013 (BTC-e price)
Post by: 420 on January 22, 2013, 11:56:56 PM
Anyone who read the bet on 420s posted link is able to see the following:
"According to trading on https://btc-e.com/exchange/ltc_btc "

So all the other exchanges are not involved. BTC-e only. No mislead at all.

you have a brain sir

bets are doubled on both sides, :) yay


Title: Re: LTC Price will drop below 0.003 BTC before January 27 2013 (BTC-e price)
Post by: tacotime on January 23, 2013, 01:56:20 AM
Well, it's pretty easy for it to go one way or the other.  It's possible someone made this bet because they have a bot running that will keep the price of LTC above 0.003 because they want to buy a bunch, plus reap the benefits of winning this bet.  Most people should be intelligent enough not to touch this with a ten foot pole.


Title: Re: LTC Price will drop below 0.003 BTC before January 27 2013 (BTC-e price)
Post by: 420 on January 23, 2013, 01:58:05 AM
Well, it's pretty easy for it to go one way or the other.  It's possible someone made this bet because they have a bot running that will keep the price of LTC above 0.003 because they want to buy a bunch, plus reap the benefits of winning this bet.  Most people should be intelligent enough not to touch this with a ten foot pole.

Total agree bets: 0.20
Total disagree bets: 0.20

LOL @ this being a big player ;)


Title: Re: LTC Price will drop below 0.003 BTC before January 27 2013 (BTC-e price)
Post by: bushstar on January 23, 2013, 01:29:19 PM
There is now a 3.5 million LTC buy order on BTC-e. Not sure we are going to see 0.003BTC any time soon with that order sitting there.


Title: Re: LTC Price will drop below 0.003 BTC before January 27 2013 (BTC-e price)
Post by: foggyb on January 23, 2013, 05:51:35 PM
There is now a 3.5 million LTC buy order on BTC-e. Not sure we are going to see 0.003BTC any time soon with that order sitting there.

I see the buy side at 844 bitcoins. Don't see how that translates to 3.5 million LTC.


Title: Re: LTC Price will drop below 0.003 BTC before January 27 2013 (BTC-e price)
Post by: tacotime on January 23, 2013, 05:53:22 PM
Someone was manipulating the currency this morning with 12,500 BTC.  He keeps popping in and out of the buy side, raising the price.


Title: Re: LTC Price will drop below 0.003 BTC before January 27 2013 (BTC-e price)
Post by: bushstar on January 23, 2013, 06:38:40 PM
There is now a 3.5 million LTC buy order on BTC-e. Not sure we are going to see 0.003BTC any time soon with that order sitting there.

I see the buy side at 844 bitcoins. Don't see how that translates to 3.5 million LTC.

I should have taken a screenshot but Tacotime believes me :)


Title: Re: LTC Price will drop below 0.003 BTC before January 27 2013 (BTC-e price)
Post by: 420 on January 23, 2013, 08:41:54 PM
screenshot or it didn't happen taco


Title: Re: LTC Price will drop below 0.003 BTC before January 27 2013 (BTC-e price)
Post by: msweb on January 24, 2013, 01:56:15 PM
New bets occurred..
Total agree bets: 1.25
Total disagree bets: 0.50

About 15 hours left for place your bets.


Title: Re: LTC Price will drop below 0.003 BTC before January 27 2013 (BTC-e price)
Post by: bushstar on January 24, 2013, 02:32:54 PM
There are now 453BTC worth of buy orders between now and 0.003BTC per LTC but the bets are still stacked higher on the agree side.


Title: Re: LTC Price will drop below 0.003 BTC before January 27 2013 (BTC-e price)
Post by: Tomatocage on January 24, 2013, 04:39:21 PM
New bets occurred..
Total agree bets: 1.25
Total disagree bets: 0.50

About 15 hours left for place your bets.

Is that just a ratio? I'm confused on how someone can enter a half of a disagree bet.


Title: Re: LTC Price will drop below 0.003 BTC before January 27 2013 (BTC-e price)
Post by: jtimon on January 24, 2013, 04:49:01 PM
New bets occurred..
Total agree bets: 1.25
Total disagree bets: 0.50

About 15 hours left for place your bets.

Is that just a ratio? I'm confused on how someone can enter a half of a disagree bet.

http://betsofbitco.in/help


Title: Re: LTC Price will drop below 0.003 BTC before January 27 2013 (BTC-e price)
Post by: 420 on January 25, 2013, 05:23:09 AM
Is that just a ratio? I'm confused on how someone can enter a half of a disagree bet.

thats the quantity of BTC put up to bet

FINAL RESULTS:
Total agree bets: 1.25
Total disagree bets: 1.30


awaiting event...


Title: Re: LTC Price will drop below 0.003 BTC before January 27 2013 (BTC-e price)
Post by: bushstar on January 25, 2013, 10:57:41 AM
With the rapid drop in BTC/USD it seems unlikely that the price of a LTC will drop below 0.003BTC before the 27th.

Every time I gamble I lose. Probably a good thing.


Title: Re: LTC Price will drop below 0.003 BTC before January 27 2013 (BTC-e price)
Post by: 420 on January 25, 2013, 12:01:47 PM
With the rapid drop in BTC/USD it seems unlikely that the price of a LTC will drop below 0.003BTC before the 27th.

Every time I gamble I lose. Probably a good thing.

420 taking your money

http://stream.aljazeera.com/sites/default/files/imagecache/story_big_thumbnail/trolling-2.jpg


Title: Re: LTC Price will drop below 0.003 BTC before January 27 2013 (BTC-e price)
Post by: msweb on January 26, 2013, 04:28:21 PM
Yes. It's unlikely that the rate will fall under 0.003 in that time according to the increase within the last days. Back when 420 created the item it was very likely. I think I'll loose my BTC 0.1 but we never know ...


Title: Re: LTC Price will drop below 0.003 BTC before January 27 2013 (BTC-e price)
Post by: franky1 on January 27, 2013, 06:02:01 AM
technically in 2012 litecoin was below 0.003 is there a stipulation that it has to be that under 0.003 at any point in history "before January 27th" or just in a 24hour - one month timegap it hits under 0.003.

i hate all these gambling things that leave soo many grey area's for people to abuse.


Title: Re: LTC Price will drop below 0.003 BTC before January 27 2013 (BTC-e price)
Post by: 420 on January 27, 2013, 06:07:37 AM
technically in 2012 litecoin was below 0.003 is there a stipulation that it has to be that under 0.003 at any point in history "before January 27th" or just in a 24hour - one month timegap it hits under 0.003.

i hate all these gambling things that leave soo many grey area's for people to abuse.

The bet starts from the.........start of the bet. Can't bet on something that already happened they'll reject your statement

anyway looks like a secondary bet is up same terms for feb 3:
http://betsofbitco.in/item?id=1177


Title: Re: LTC Price will drop below 0.003 BTC (BTC-e price)
Post by: msweb on January 28, 2013, 05:29:29 AM
I think the new item does not really make sense. The rate is very stable at about 0.0037 for a while now. Wouldn't it make more sense to set the rate in the bet a bit higher? Btw: Congratulations to all the winners.


Title: Re: LTC Price will drop below 0.003 BTC (BTC-e price)
Post by: 420 on January 28, 2013, 05:31:43 AM
I think the new item does not really make sense. The rate is very stable at about 0.0037 for a while now. Wouldn't it make more sense to set the rate in the bet a bit higher? Btw: Congratulations to all the winners.

I guess it would. but btc price may be back to continue the bull run.


Title: Re: LTC Price will drop below 0.003 BTC (BTC-e price)
Post by: 420 on January 30, 2013, 05:13:06 PM
will it hold over 0.003 this time?

at $0.065 USD bitcoin only needs to go to $21.66

usually the LTC/USD drops a little when bitcoin rallies hard

https://btc-e.com/exchange/ltc_usd


Title: Re: LTC Price will go OVER 0.004 BTC by feb 13 (BTC-e price)
Post by: 420 on February 05, 2013, 06:21:20 AM
new bet if it will go OVER 0.004:

http://betsofbitco.in/item?id=1200


Title: Re: LTC Price will go OVER 0.004 BTC by feb 13 (BTC-e price)
Post by: sublime5447 on February 05, 2013, 06:35:59 AM
I have btc for ltc? let see if we can agree on a fair price?


Title: Re: LTC Price will go OVER 0.004 BTC by feb 13 (BTC-e price)
Post by: 420 on February 09, 2013, 11:38:14 AM
Betting deadline is past. This statement is awaiting the event.


Title: Re: LTC Price will go OVER 0.004 BTC by feb 13 (BTC-e price)
Post by: crazy_rabbit on February 09, 2013, 11:43:12 AM
For the record, I doubt it will. With Bitcoin going up (due to lots of press, lots of interest) there is not reason why LTC would go up in relation to BTC, as there hasn't been any press- so it's basically still the same old crew of us speculators. :-)