Bitcoin Forum

Economy => Collectibles => Topic started by: johnny211 on February 20, 2018, 02:08:45 AM



Title: Perils of trading during forking times
Post by: johnny211 on February 20, 2018, 02:08:45 AM
Last week (pre-fork) I negotiated and agreed on deal selling a funded Litecoin. Ignoring forking realities and the lack of negotiation on this specific point I shipped the item today. Going by early Yobit LCC prices the item when I posted had a peel value higher than negotiated price when I sent it.

Negotiated pre-fork, shipped coin loaded with pre-fork coins after the fork, will get paid in post-fork coins post-fork.

Learning by doing / j211


Title: Re: Perils of trading during forking times
Post by: wheelz1200 on February 20, 2018, 02:21:37 AM
They're all just shitcoins and i understand what you are saying but i personally wont price forks into my buying price of a loaded LTC.  If for some reason the forks are worth anything i probably wont be buying anymore loaded LTC until they are reasonable because i wont peel my coins and wont pay for a pump coin added in there....the loaded physical coin market is getting gray with all these dumb forks going on.


Title: Re: Perils of trading during forking times
Post by: ezeminer on February 20, 2018, 02:37:37 AM
By the time he gets the package, LCC will be worth little to nothing like other shitforks.

Anyways since it's likely a lealana people would be crazy to peel since smoothie doesn't seem to be an active seller anymore