420's Non-Ponzi Loans & LiteCoin Options (Lend to me, or Get a loan, Calls/Puts)

[NoobMiner]

I hope you all realized that those options are only as good as the person you trade with. So you put alot of trust into 420 that he will be here in 6 months and able to fullfill his part in case that the LTC price rise by a factor of 100 or whatever it is that time...

Gee... I never thought of that.  Well let's ask him. 

Are you scamming me on the option contract we have 420?



FFS Eisenhower, trust is what contracts are based on, especially in the bitcoin community.  Some people still have their word as their bond.  Many cryptocoiners are so paranoid (I wonder why?).  At any rate, my investment is small and it's mine to risk.

[poly]

Many cryptocoiners are paranoid because the bitcoin world is rife with scammers. It's disgusting, and you hardly see this anywhere else.

420 is what I'd call a "forum superstar", but just because you spent a lot of time on bitcointalk doesn't mean you're automatically trusted. You need actual reputation.

[Scott J]

I hope you all realized that those options are only as good as the person you trade with. So you put alot of trust into 420 that he will be here in 6 months and able to fullfill his part in case that the LTC price rise by a factor of 100 or whatever it is that time...

Obviously I trust 420 to keep his side of the bargain otherwise I wouldn't have entered into the contract.

Also, the way the deal was made, the worse case scenario for me was that I paid $40 for 500 LTC.

[420]

I hope you all realized that those options are only as good as the person you trade with. So you put alot of trust into 420 that he will be here in 6 months and able to fullfill his part in case that the LTC price rise by a factor of 100 or whatever it is that time...

Obviously I trust 420 to keep his side of the bargain otherwise I wouldn't have entered into the contract.

Also, the way the deal was made, the worse case scenario for me was that I paid $40 for 500 LTC.

Negotiated with him on his loan thread: https://bitcointalk.org/index.php?topic=149699.msg1591524#msg1591524

I see you need a loan.

Howbout we make a new deal.

I give you 2605LTC for nothing and we cancel the rest of the option contract (1895LTC).

Then you have LTC you can sell for just about $500 (the amount of loan you wanted)

[NoobMiner]

Per our PMs 420...
You send 1100 Litecoins to my wallet
LdK2Zx2tGFcABc3b2GdHZKGq2vtvUTpFXu
and our futures contract for 2000 Litecoins at 10 cents for 9 months will be held as fulfilled upon receipt.

[NoobMiner]

Per our PMs 420...
You send 1100 Litecoins to my wallet
LdK2Zx2tGFcABc3b2GdHZKGq2vtvUTpFXu
and our futures contract for 2000 Litecoins at 10 cents for 9 months will be held as fulfilled upon receipt.

Sent 1,100.

2,000LTC contract is now invalid

Confirm receipt of 1100 Litecoins in fulfillment of our options contract.  Contract is now complete and void.  Very good trading with 420, he's been a man of his word and all trades have been quick and easy.

[420]

Per our PMs 420...
You send 1100 Litecoins to my wallet
LdK2Zx2tGFcABc3b2GdHZKGq2vtvUTpFXu
and our futures contract for 2000 Litecoins at 10 cents for 9 months will be held as fulfilled upon receipt.

Sent 1,100.

2,000LTC contract is now invalid

Confirm receipt of 1100 Litecoins in fulfillment of our options contract.  Contract is now complete and void.  Very good trading with 420, he's been a man of his word and all trades have been quick and easy.

Great!

[420]

I hope you all realized that those options are only as good as the person you trade with. So you put alot of trust into 420 that he will be here in 6 months and able to fullfill his part in case that the LTC price rise by a factor of 100 or whatever it is that time...

Obviously I trust 420 to keep his side of the bargain otherwise I wouldn't have entered into the contract.

Also, the way the deal was made, the worse case scenario for me was that I paid $40 for 500 LTC.

Scott J exercised his option and he delivered $400 and i delivered him a 4500 LTC BTC-E code that he will come on later to confirm this is correct

ALSO:

Added new 1 month term for 5% return
Increased 2 month rate from 10% to 11% return

[420]

I've agreed to deposit $300 for one month at 5%.

Paid using $150 gox code and $150 bitstamp code, repaid using Gox code in the next 31 days.

i AGREE! SEND me the USD!

[steamboat]

Increased 2 month rate from 10% to 11% return

 

Lemme know if you need any more BTC 

[Scott J]

I hope you all realized that those options are only as good as the person you trade with. So you put alot of trust into 420 that he will be here in 6 months and able to fullfill his part in case that the LTC price rise by a factor of 100 or whatever it is that time...

Obviously I trust 420 to keep his side of the bargain otherwise I wouldn't have entered into the contract.

Also, the way the deal was made, the worse case scenario for me was that I paid $40 for 500 LTC.

Scott J exercised his option and he delivered $400 and i delivered him a 4500 LTC BTC-E code that he will come on later to confirm this is correct

I can confirm that.

It was a pleasure working with 420 - will look at doing so again when the markets calm down  

[420]

i AGREE! SEND me the USD!

Its in your inbox!

Received funds correctly $300

[420]

I hope you all realized that those options are only as good as the person you trade with. So you put alot of trust into 420 that he will be here in 6 months and able to fullfill his part in case that the LTC price rise by a factor of 100 or whatever it is that time...

Obviously I trust 420 to keep his side of the bargain otherwise I wouldn't have entered into the contract.

Also, the way the deal was made, the worse case scenario for me was that I paid $40 for 500 LTC.

Scott J exercised his option and he delivered $400 and i delivered him a 4500 LTC BTC-E code that he will come on later to confirm this is correct

I can confirm that.

It was a pleasure working with 420 - will look at doing so again when the markets calm down  

yes chaos

thanks for doing business

[cptmooseinc]

Oh man! 420 has been wheeling and dealing tonight! I'll hold my options contract for now. (;

[420]

Oh man! 420 has been wheeling and dealing tonight! I'll hold my options contract for now. (;

looks like LTC recovered from Scott selling already

[cptmooseinc]

Hopefully you were ready on the buy side for the dip. (; More contracts! :p

[Scott J]

Oh man! 420 has been wheeling and dealing tonight! I'll hold my options contract for now. (;

looks like LTC recovered from Scott selling already

Hopefully next time I won't be in such a hurry to sell 

[420]

I can now sell an LTC contract for 6 months for $0.30.

Who's interested?

Many cryptocoiners are paranoid because the bitcoin world is rife with scammers. It's disgusting, and you hardly see this anywhere else.

420 is what I'd call a "forum superstar", but just because you spent a lot of time on bitcointalk doesn't mean you're automatically trusted. You need actual reputation.

I think I just read or realized what you said and my response is Thank you!

[420]

Increased 2 month rate from 10% to 11% return

 

Lemme know if you need any more BTC 

for some reason I like USD more...even though I know I can convert BTC to usd if i was borrowed but of course there's selling fees. So my interest rates are based on USD. Because usd is generally losing value and btc gaining value this makes more sense to be easier for me to accomplish

[maxcarjuzaa]

I want to excercise 600 options. I've sent pm with detais.

TY.