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Author Topic: Payment on Difference agreement (2)  (Read 645 times)
gusti (OP)
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April 05, 2013, 04:36:09 AM
 #1

Agreement between gusti and steamboat.

This agreement is for gusti to pay to steamboat the difference over strike price of $6 / LTC trading price for an amount of 5000 LTC, at any given time chosen by steamboat before June 6th, 2013.

Payment will be made by gusti to steamboat in equivalent BTC for the USD amount.

e.g. if price at chosen time is $7 / LTC, gusti will pay to steamboat the amount of $5000 in BTC.

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

In return, Scott J is paying now to gusti a one-time, non-refundable premium of 450 LTC to address :
Lhtdfrp2YZwdStg7f7c6zL6h1c5jNQzyUB






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steamboat
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April 05, 2013, 04:43:45 AM
 #2

Agreement between gusti and steamboat.

This agreement is for gusti to pay to steamboat the difference over strike price of $6 / LTC trading price for an amount of 5000 LTC, at any given time chosen by steamboat before June 6th, 2013.

Payment will be made by gusti to steamboat in equivalent BTC for the USD amount.

e.g. if price at chosen time is $7 / LTC, gusti will pay to steamboat the amount of $5000 in BTC.

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

In return, Scott J steamboat is paying now to gusti a one-time, non-refundable premium of 450 LTC to address :
Lhtdfrp2YZwdStg7f7c6zL6h1c5jNQzyUB







Fixed the typo and sent.

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gusti (OP)
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April 05, 2013, 04:45:50 AM
 #3

Sorry for typo, 450 LTC received, agreement is current.

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steamboat
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April 05, 2013, 05:08:06 PM
Last edit: April 05, 2013, 05:34:44 PM by steamboat
 #4

For clarification of CFD, as per agreement:

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.

Edit: Price at time of call based on BTC/USD from MT. Gox, to be verified by time stamped bitcointalk.org execute post.

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