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

[cptmooseinc]

Partial exercise? That would be strange to be allowed.

420, to clarify this in the future, maybe you should do like real options and sell a contract that is equal to a certain amount of LTC in case people would like to exercise blocks of LTC like the poster above.

With the value of LTC being like it is, 100LTC to 1 contract is much too low. I would suggest selling contracts in 1,000LTC increments. That way, anyone trying to get a contract from here on out could execute part of their deal but not all of it. Then you don't have to deal with keeping track of who has what balance with which contract, you just have to track how many of their original contracts they have left. Then if they choose to exercise an option, they get 1,000LTC and their contracts outstanding reduce by 1. Much easier.

-Moose

[420]

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

TY.

I was thinking the same thing. Since these terms weren't discussed I'd like it to be full exercise or none; can you exercise it all?

EDIT: I'll change my mind and right now let you exercise half your contract, 1,500 LTC

Good idea Moose

[Scott J]

I may be interested in a 1 year option contract to buy @ 0.25 for a larger amount of coins.

Thoughts?

[420]

I may be interested in a 1 year option contract to buy @ 0.25 for a larger amount of coins.

Thoughts?

I'd have to hold off on any contracts above 5,000 LTC and that would require a very high fee as we're already at 0.22

[420]

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

TY.

hey max as per PM we agreed on half, or 1,500 LTC

right now you owe 0.12x1500 = $180

The worth of LTC to be $180 after trading fee of 0.2% with current buy order ( large buy at 0.219) means a quantity of exactly: 823.56493809536881983144370933648

1,500 - 823.56493809536881983144370933648 =
676.43506190463118016855629066352 I send to you

If agree please quote this and reply

[maxcarjuzaa]

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

TY.

hey max as per PM we agreed on half, or 1,500 LTC

right now you owe 0.12x1500 = $180

The worth of LTC to be $180 after trading fee of 0.2% with current buy order ( large buy at 0.219) means a quantity of exactly: 823.56493809536881983144370933648

1,500 - 823.56493809536881983144370933648 =
676.43506190463118016855629066352 I send to you

If agree please quote this and reply

OK, Great, you can send me ltc or btc-e code is ok with me.

[420]

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

TY.

hey max as per PM we agreed on half, or 1,500 LTC

right now you owe 0.12x1500 = $180

The worth of LTC to be $180 after trading fee of 0.2% with current buy order ( large buy at 0.219) means a quantity of exactly: 823.56493809536881983144370933648

1,500 - 823.56493809536881983144370933648 =
676.43506190463118016855629066352 I send to you

If agree please quote this and reply

OK, Great, you can send me ltc or btc-e code is ok with me.

Just sent the code

[420]

Increased 2 month rate from 10% to 11% return

 

Lemme know if you need any more BTC 

PM'd steamboat we agreed and I want 10BTC more for a 2nd loan at 9% over 2 months
steam please send to: 1Jvv4Z4KPjZrZB8rMKpMMdWxMkRFPeymTz

[maxcarjuzaa]

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

TY.

hey max as per PM we agreed on half, or 1,500 LTC

right now you owe 0.12x1500 = $180

The worth of LTC to be $180 after trading fee of 0.2% with current buy order ( large buy at 0.219) means a quantity of exactly: 823.56493809536881983144370933648

1,500 - 823.56493809536881983144370933648 =
676.43506190463118016855629066352 I send to you

If agree please quote this and reply

OK, Great, you can send me ltc or btc-e code is ok with me.

Just sent the code

Recieved, TY!

[steamboat]

Increased 2 month rate from 10% to 11% return

 

Lemme know if you need any more BTC 

PM'd steamboat we agreed and I want 10BTC more for a 2nd loan at 9% over 2 months
steam please send to: 1Jvv4Z4KPjZrZB8rMKpMMdWxMkRFPeymTz

Confirmed additional 10 btc loan @ 9% interest for two months. BTC10.9 to be paid in full no later than June 9th, 2013.

Tx ID: 621086b7d31b24684e41df907681cbdbc54d01c4c5aa0d2b25872159c6021e39

[420]

Increased 2 month rate from 10% to 11% return

 

Lemme know if you need any more BTC 

PM'd steamboat we agreed and I want 10BTC more for a 2nd loan at 9% over 2 months
steam please send to: 1Jvv4Z4KPjZrZB8rMKpMMdWxMkRFPeymTz

Confirmed additional 10 btc loan @ 9% interest for two months. BTC10.9 to be paid in full no later than June 9th, 2013.

Tx ID: 621086b7d31b24684e41df907681cbdbc54d01c4c5aa0d2b25872159c6021e39

Confirmed receipt; updated OP

[Eisenhower34]

I was asked to state that 420 has $1200 in his "campbx" account. He sent me a video as proof.

Edit: received another email, with another account of another exchange service with ~$1000 and 14 BTC proofed by video.

[420]

I was asked to state that 420 has $1200 in his "campbx" account. He sent me a video as proof.

about 7btc at $45 plus my balance is about $1,486 actually

and my other account?

no need to mention what site the accounts are at

EDIT: Lowered my interest rates on loans and increased my LTC option offer strike price from 0.30 to $0.35

(I'm less apt for more contracts right now)

[Vod]

I was asked to state that 420 has $1200 in his "campbx" account. He sent me a video as proof.

Edit: received another email, with another account of another exchange service with ~$1000 and 14 BTC proofed by video.

Ok, why does this matter?  These accounts are under his control, so you can't use them as any type of collateral or security.

[420]

I was asked to state that 420 has $1200 in his "campbx" account. He sent me a video as proof.

Edit: received another email, with another account of another exchange service with ~$1000 and 14 BTC proofed by video.

Ok, why does this matter?  These accounts are under his control, so you can't use them as any type of collateral or security.

Shows I didn't just go cash out and buy a car or something

mlawrence, how many loans have you taken and how many have you given?

[Vod]

Shows I didn't just go cash out and buy a car or something

mlawrence, how many loans have you taken and how many have you given?

I'm sure pirate was able to show large balances and other proof until the instant he decided to default.  If it's in your control, it can't be used as any sort of guarantee.

I'll answer those types of questions when I ask to borrow money.

[420]

Shows I didn't just go cash out and buy a car or something

mlawrence, how many loans have you taken and how many have you given?

I'm sure pirate was able to show large balances and other proof until the instant he decided to default.  If it's in your control, it can't be used as any sort of guarantee.

I'll answer those types of questions when I ask to borrow money.

well not meant to be a guarantee.

EDIT: Eisenhower confirmed another account balance to show im not broke or ran off with the money outside of bitcoin exchanges:
https://bitcointalk.org/index.php?topic=145492.msg1605047#msg1605047

[Vod]

EDIT: Eisenhower confirmed another account balance to show im not broke or ran off with the money outside of bitcoin exchanges:
https://bitcointalk.org/index.php?topic=145492.msg1605047#msg1605047

Yet.  

Not until you've gained as much trust and as many coins as you can at least.

It wouldn't make sense to start spending the money now.

[Vod]

I guess we'll see by June

I'm not saying your Ponzi will collapse in June.

If you stand to make more money in new deposits than you'll pay out, you'd be a fool not to continue the scam.

You'll default when you feel your payouts equal more than you'll receive in new deposits.

[420]

I guess we'll see by June

I'm not saying your Ponzi will collapse in June.

If you stand to make more money in new deposits than you'll pay out, you'd be a fool not to continue the scam.

You'll default when you feel your payouts equal more than you'll receive in new deposits.

in other worlds. If you can convince more people not to loan to me then if I was a ponzi you'd cause me to crash sooner