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msweb
Member
 Offline
Activity: 99
Merit: 10
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January 22, 2013, 07:09:23 PM |
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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'.
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Next development steps to go (I'm working on the designs):
1. A decentralized cryptoexchange protocol
2. A cryptocoin with a fix USD/Coin rate
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420 (OP)
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January 22, 2013, 07:13:03 PM |
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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  |
Donations: 1JVhKjUKSjBd7fPXQJsBs5P3Yphk38AqPr - TIPS
the hacks, the hacks, secure your bits!
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salfter
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January 22, 2013, 07:51:03 PM |
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Looks like it's already there: https://ltcexchange.bitparking.com/mainSell 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. |
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smoothie
Legendary
Offline
Activity: 2492
Merit: 1474
LEALANA Bitcoin Grim Reaper
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January 22, 2013, 08:15:16 PM |
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Looks like it's already there: https://ltcexchange.bitparking.com/mainSell 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. |
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| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ .
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420 (OP)
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January 22, 2013, 08:18:11 PM |
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Donations: 1JVhKjUKSjBd7fPXQJsBs5P3Yphk38AqPr - TIPS
the hacks, the hacks, secure your bits!
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smoothie
Legendary
Offline
Activity: 2492
Merit: 1474
LEALANA Bitcoin Grim Reaper
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January 22, 2013, 09:30:13 PM |
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Your thread title should say BTC-E also. It is misleading. |
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███████████████████████████████████████
| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ .
LEALANA BITCOIN GRIM REAPER SILVER COINS.
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420 (OP)
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January 22, 2013, 09:42:14 PM |
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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 |
Donations: 1JVhKjUKSjBd7fPXQJsBs5P3Yphk38AqPr - TIPS
the hacks, the hacks, secure your bits!
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msweb
Member
Offline
Activity: 99
Merit: 10
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January 22, 2013, 11:48:19 PM |
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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. |
Next development steps to go (I'm working on the designs):
1. A decentralized cryptoexchange protocol
2. A cryptocoin with a fix USD/Coin rate
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420 (OP)
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January 22, 2013, 11:56:56 PM |
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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 |
Donations: 1JVhKjUKSjBd7fPXQJsBs5P3Yphk38AqPr - TIPS
the hacks, the hacks, secure your bits!
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tacotime
Legendary
Offline
Activity: 1484
Merit: 1005
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January 23, 2013, 01:56:20 AM |
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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.
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XMR: 44GBHzv6ZyQdJkjqZje6KLZ3xSyN1hBSFAnLP6EAqJtCRVzMzZmeXTC2AHKDS9aEDTRKmo6a6o9r9j86pYfhCWDkKjbtcns |
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420 (OP)
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January 23, 2013, 01:58:05 AM |
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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  |
Donations: 1JVhKjUKSjBd7fPXQJsBs5P3Yphk38AqPr - TIPS
the hacks, the hacks, secure your bits!
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bushstar
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January 23, 2013, 01:29:19 PM |
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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.
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foggyb
Legendary
Offline
Activity: 1736
Merit: 1006
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January 23, 2013, 05:51:35 PM |
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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. |
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tacotime
Legendary
Offline
Activity: 1484
Merit: 1005
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January 23, 2013, 05:53:22 PM |
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Someone was manipulating the currency this morning with 12,500 BTC. He keeps popping in and out of the buy side, raising the price.
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XMR: 44GBHzv6ZyQdJkjqZje6KLZ3xSyN1hBSFAnLP6EAqJtCRVzMzZmeXTC2AHKDS9aEDTRKmo6a6o9r9j86pYfhCWDkKjbtcns |
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bushstar
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January 23, 2013, 06:38:40 PM |
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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 |
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420 (OP)
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January 23, 2013, 08:41:54 PM |
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screenshot or it didn't happen taco
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Donations: 1JVhKjUKSjBd7fPXQJsBs5P3Yphk38AqPr - TIPS
the hacks, the hacks, secure your bits!
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msweb
Member
Offline
Activity: 99
Merit: 10
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January 24, 2013, 01:56:15 PM |
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New bets occurred..
Total agree bets: 1.25
Total disagree bets: 0.50
About 15 hours left for place your bets.
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Next development steps to go (I'm working on the designs):
1. A decentralized cryptoexchange protocol
2. A cryptocoin with a fix USD/Coin rate
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bushstar
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January 24, 2013, 02:32:54 PM |
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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.
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Tomatocage
Legendary
Offline
Activity: 1554
Merit: 1222
brb keeping up with the Kardashians
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January 24, 2013, 04:39:21 PM |
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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. |
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