LTC Price Bet

[Scott J]

In order to hedge some LTC options that I hold, I'd like to bet the following:

LTC will not reach $6 or more on BTC-e or MtGox () before the end of August 2013.

I would like the bet to be in LTC. Give me your offers.

This will have to go on trust as I will not have the LTC until I cash in the contracts, so I cannot put the LTC into escrow before hand.

I can link to loads of positive feedback if needs be. I will only bet with trusted members as it would be unfair for me to ask the other party to escrow if I can't.

Previous bet with cdog:

https://bitcointalk.org/index.php?topic=207379.msg2188121

[JohnSy]

In order to hedge some LTC options that I hold, I'd like to bet the following:

LTC will not reach $6 or more on BTC-e or MtGox () before the end of August 2013.

I would like the bet to be in LTC. Give me your offers.

This will have to go on trust as I will not have the LTC until I cash in the contracts, so I cannot put the LTC into escrow before hand.

I can link to loads of positive feedback if needs be. I will only bet with trusted members as it would be unfair for me to ask the other party to escrow if I can't.

Previous bet with cdog:

https://bitcointalk.org/index.php?topic=207379.msg2188121

wat are we betting om

[Scott J]

I'm saying that LTC will not reach $6 or more on BTC-e or MtGox before the end of August 2013.

I'm looking for people to take the opposing side.

[solex]

I'm saying that LTC will not reach $6 or more on BTC-e or MtGox before the end of August 2013.

I'm looking for people to take the opposing side.

What happens if everyone agrees with you?

[Scott J]

I'm saying that LTC will not reach $6 or more on BTC-e or MtGox before the end of August 2013.

I'm looking for people to take the opposing side.

What happens if everyone agrees with you?

Then I am out of luck

[icey]

Your looking for somebody to lay even money against your bet? Good luck, somebody might do it but not for me thanks.

Might be worth asking somebody to lay you odds and discuss a price

[Scott J]

Your looking for somebody to lay even money against your bet? Good luck, somebody might do it but not for me thanks.

Might be worth asking somebody to lay you odds and discuss a price

This is what I would like, I'm open to offers.

[thisisgil]

I'm saying that LTC will not reach $6 or more on BTC-e or MtGox before the end of August 2013.

I'm looking for people to take the opposing side.

Seriously, good luck with that. If you can find someone willing to take that bet, send them my way because I'd like them to take the opposing side on my "Martians will not land before the end of August 2013" bet.

The way things are currently looking with the btc fluctations, uncertain ltc mtgox status etc, I'd probably be tempted to bite at odds no less than 66/1 - and even then, I'd probably have to think twice before taking it.

[MagicBit15]

Hmmmm, well not Mt. Gox since that is never happening and if it does it's not anytime soon.

I think 6 is tough because it did just pump and dump to 5.55 before or whatever. What are the odds you're laying on it? Does it just have to peak over 6 one time? And it could the value it be adjusted to maybe say 7 or 8 (Fixing the payout ratio etc.)

I am interested, BTW. PM if you like.

[MagicBit15]

Hmmmm, well not Mt. Gox since that is never happening and if it does it's not anytime soon.

I think 6 is tough because it did just pump and dump to 5.55 before or whatever. What are the odds you're laying on it? Does it just have to peak over 6 one time? And it could the value it be adjusted to maybe say 7 or 8 (Fixing the payout ratio etc.)

I am interested, BTW. PM if you like.

You know what I would do, 8/1/2013. It doesn't break 7, and lay me 15 to 1. I will bet at least 1 BTC+

[MagicBit15]

You know what I would do, 8/1/2013. It doesn't break 7, and lay me 15 to 1. I will bet at least 1 BTC+

That's open to anyone else, also. FYI.

[MagicBit15]

Seriously, good luck with that. If you can find someone willing to take that bet, send them my way because I'd like them to take the opposing side on my "Martians will not land before the end of August 2013" bet.

The way things are currently looking with the btc fluctations, uncertain ltc mtgox status etc, I'd probably be tempted to bite at odds no less than 66/1 - and even then, I'd probably have to think twice before taking it.

If martians landed, and you had a like 100k bet, would this be you?

[Scott J]

Hmmmm, well not Mt. Gox since that is never happening and if it does it's not anytime soon.

I think 6 is tough because it did just pump and dump to 5.55 before or whatever. What are the odds you're laying on it? Does it just have to peak over 6 one time? And it could the value it be adjusted to maybe say 7 or 8 (Fixing the payout ratio etc.)

I am interested, BTW. PM if you like.

It would just have to peak once.

You offer 1/15 @ $7 which is far too short for me, I'm afraid.

[MagicBit15]

Hmmmm, well not Mt. Gox since that is never happening and if it does it's not anytime soon.

I think 6 is tough because it did just pump and dump to 5.55 before or whatever. What are the odds you're laying on it? Does it just have to peak over 6 one time? And it could the value it be adjusted to maybe say 7 or 8 (Fixing the payout ratio etc.)

I am interested, BTW. PM if you like.

It would just have to peak once.

You offer 1/15 @ $7 which is far too short for me, I'm afraid.

Well what odds are you looking to lay? etc

[Scott J]

Hmmmm, well not Mt. Gox since that is never happening and if it does it's not anytime soon.

I think 6 is tough because it did just pump and dump to 5.55 before or whatever. What are the odds you're laying on it? Does it just have to peak over 6 one time? And it could the value it be adjusted to maybe say 7 or 8 (Fixing the payout ratio etc.)

I am interested, BTW. PM if you like.

It would just have to peak once.

You offer 1/15 @ $7 which is far too short for me, I'm afraid.

Well what odds are you looking to lay? etc

It seems I was being rather rather optimistic, but I was looking for a 1/1 or maybe 1/2 that the price won't hit $6.

If could possibly stretch to 1/3 if the the price was higher.

[MagicBit15]

Hmmmm, well not Mt. Gox since that is never happening and if it does it's not anytime soon.

I think 6 is tough because it did just pump and dump to 5.55 before or whatever. What are the odds you're laying on it? Does it just have to peak over 6 one time? And it could the value it be adjusted to maybe say 7 or 8 (Fixing the payout ratio etc.)

I am interested, BTW. PM if you like.

It would just have to peak once.

You offer 1/15 @ $7 which is far too short for me, I'm afraid.

Well what odds are you looking to lay? etc

It seems I was being rather rather optimistic, but I was looking for a 1/1 or maybe 1/2 that the price won't hit $6.

If could possibly stretch to 1/3 if the the price was higher.

Do you just want me to hand you money? That is ridiculously in your favor. Sorry.

Ill take 1 btc+, lay 10 to 1 @ Lowest I will go 6.75.

Otherwise back to ltc roulette lol

[thisisgil]

If martians landed, and you had a like 100k bet, would this be you?

Nope. THIS would be me:

[Scott J]

Any interest now considering price rise/MtGox announcement?