Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: No_2 on April 18, 2013, 10:26:19 AM



Title: I want to buy 50,000 FRC for 1,000 LTC via cryptonit.net
Post by: No_2 on April 18, 2013, 10:26:19 AM
I've put in a buy order on cryptonit.net for 50,000 FRC for 1,000 LTC.

If anyone wants to trade with me please do sign up and we can trade via the exchange.

I'm not confident enough yet with cryptocoins to trust a straight swap out in the wilderness.


Title: Re: I want to buy 50,000 FRC for 1,000 LTC via cryptonit.net
Post by: harveyweizhao on April 18, 2013, 11:14:22 AM
looks like a great deal.


Title: Re: I want to buy 50,000 FRC for 1,000 LTC via cryptonit.net
Post by: alex_fun on April 18, 2013, 12:15:34 PM
Nice pump :) I offer 2000 ltc for 50,000 alexcoins :)


Title: Re: I want to buy 50,000 FRC for 1,000 LTC via cryptonit.net
Post by: Impaler on April 18, 2013, 12:17:54 PM
That's a BIG position to take in FRC (as a non-miner), I think that comes out to 3 whole DAYS worth of mining and should represent 1% of all coins held privately as of right now.  At 50:1 and the current LTC value of 2 dollars your offer would be 4 cents per FRC which is actually a bit below the current price (its risen quite a bit lately), but given the size of your purchase and the high profitability number FRC miners are currently enjoying (vs BTC) I think it's quite reasonable to expect a bit of a discount.