Bet with user cdog - LTC & Gox

[Scott J]

This is a bet between me and cdog.

If MtGox adds Litecoin as a tradeable currency before August 1st 2013
AND LTC trades at $5 or more before September 1st 2013

Then I pay cdog 50 LTC

If this doesn't happen then cdog pays me 100 LTC

My LTC address, should I win: LKUN5Pb7jdmotcQfa517iZw6vxPkyaykRm

 

[Scott J]

If you'd like to quote this with agreement and also post your LTC address, then we are in business 

[KingOfSports]

Wow 2:1 for this bet. Thats shocking. I'd honestly put this at 1:1 with both parts of the bets having to win for cdog. Good luck to both of you.

[Scott J]

Wow 2:1 for this bet. Thats shocking. I'd honestly put this at 1:1 with both parts of the bets having to win for cdog. Good luck to both of you.

2:1 were the terms that cdog proposed.

I actually believe - and hope - that he will win the bet. This is a way to hedge my position on LTC 

Here is the origin of the bet: https://bitcointalk.org/index.php?topic=180860.msg2154505#msg2154505

[cdog]

Yes I hope I win too  

If MtGox adds Litecoin as a tradeable currency before August 1st 2013
AND LTC trades at $5 or more before September 1st 2013

Im laying 100 to win 50

LUx1NELJYVNdE6dJPnEKjMEi4G9FL38GnP

[Zaih]

Well good luck to both parties.. I'd probably recommend using an escrow to be honest.

[cdog]

We kept the bet small so we dont have to bother with that. All I know for sure is, if I lose he doesnt have to worry about getting paid.

And if I win and dont get paid? Well if all my LTC are above $5 and going higher, life will be pretty good anyway

[Scott J]

Well good luck to both parties.. I'd probably recommend using an escrow to be honest.

I have been trusted with a lot more than 50 LTC. Also, I believe that cdog will pay.

Had it been for more we would have used escrow.

 

[Scott J]

I confirm that cdog has sent me the 100 LTC...  MtGox apparently have a lot on their plate!

While escrow is a great idea, it's good that two people can come to agreement and trust each other to follow through.

Thanks, cdog - feel free to let me know if you want to make any more bets