I'm looking for this loan in order to short LTC.
I have a few option contracts with profits that kick in after $5. Here is one of them:
https://bitcointalk.org/index.php?topic=165374What I want to do - now that LTC is getting close to the required level - is guarantee myself some profits whatever happens.
I would like the loan to start when LTC is at $5.xx. I will sell them straight away for USD.
If the price falls I buy back the LTC at a cheaper rate, if it continues to rise I buy back what I can with the USD and make up the rest from the proceeds from one of my contracts.
I'm not sure how much LTC I'm looking for yet - that will depend on how much interest is shown and also what rate I would be looking at. It would be good to get some offers
I've not seen any LTC loans on here, but I'm hoping someone will be willing. I would be happy to receive BTC and exchange it myself for LTC, but the loan would have to be LTC denominated.
Thanks.
Previous loans/trades here:
https://bitcointalk.org/index.php?topic=149699.msg1709879https://bitcointalk.org/index.php?topic=115892https://bitcointalk.org/index.php?topic=75898.0https://bitcointalk.org/index.php?topic=78592.0https://bitcointalk.org/index.php?topic=96545https://bitcointalk.org/index.php?topic=134712.0
