Bitcoin Forum

Economy => Lending => Topic started by: gusti on April 06, 2013, 01:02:51 AM



Title: LTC Payment on Difference agreement (5)
Post by: gusti on April 06, 2013, 01:02:51 AM
Agreement between gusti and jasinlee.

This agreement is for gusti to pay jasinlee the difference over strike price of $6 / LTC trading price for an amount of 10000 LTC, at any given time chosen by jasinlee before May 6th, 2013.

Price is based on BTC-E exchange LTC/USD rates, and can be executed at any chosen time before expiry, for the price at the time of request, to be verified by time stamped post in this same thread.

Payment will be made by gusti to jasinlee in equivalent BTC for the USD amount, with price at time of call based on BTC/USD from MT. Gox, to be verified by time stamped post in this same thread.

e.g. if price at chosen time is $7 / LTC, gusti will pay to jasinlee the amount of $10000 equivalent in BTC.

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

In return, jasinlee is paying now to gusti a one-time, non-refundable premium of 850 LTC to address :
LYDduAXx3aWNgRKdbSKRMMAfVtuWfDeRru



Title: Re: LTC Payment on Difference agreement (5)
Post by: jasinlee on April 06, 2013, 01:21:44 AM
Agreement between gusti and jasinlee.

This agreement is for gusti to pay jasinlee the difference over strike price of $6 / LTC trading price for an amount of 10000 LTC, at any given time chosen by jasinlee before May 6th, 2013.

Price is based on BTC-E exchange LTC/USD rates, and can be executed at any chosen time before expiry, for the price at the time of request, to be verified by time stamped post in this same thread.

Payment will be made by gusti to jasinlee in equivalent BTC for the USD amount, with price at time of call based on BTC/USD from MT. Gox, to be verified by time stamped post in this same thread.

e.g. if price at chosen time is $7 / LTC, gusti will pay to jasinlee the amount of $10000 equivalent in BTC.

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

In return, jasinlee is paying now to gusti a one-time, non-refundable premium of 850 LTC to address :
LYDduAXx3aWNgRKdbSKRMMAfVtuWfDeRru

Confirmed, sending premium. . . . Sent 850.


Title: Re: LTC Payment on Difference agreement (5)
Post by: gusti on April 06, 2013, 01:26:20 AM
LTC received, txid : ba2883561d12a111227f29588475a99ea968a5ead27f79e2178282d1c4f6199b
Agreement is current.


Title: Re: LTC Payment on Difference agreement (5)
Post by: jasinlee on April 06, 2013, 04:23:34 AM
Thank you sir.