LTC payment on difference agreement (2)

[gusti]

Agreement between gusti and Otoh.

This agreement is for gusti to pay Otoh the difference over strike
price of $2 / LTC trading price for an amount of 4000 LTC, at any
given time choosen by Otoh before April 24th, 2014.

Price is based on btc-e exchange USD/LTC 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 after
a maximum of 48hs of choosen price.

Payment will be made by gusti to Otoh in equivalent BTC for the USD
amount, with price at time of call based on BTC/USD from Bitstamp, to
be verified by time stamped post in this same thread.

e.g. if price at chosen time is $3 / LTC, gusti will pay to Otoh the
amount of $4000 equivalent in BTC.

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

In return, Otoh is paying now to gusti a one-time, non-refundable
premium of 1000 LTC to address :
LYQYPTRMGdc91vKhvqoGwQygHJJ8QRBCjg

[Otoh]

Agreement between gusti and Otoh.

This agreement is for gusti to pay Otoh the difference over strike
price of $2 / LTC trading price for an amount of 4000 LTC, at any
given time choosen by Otoh before April 24th, 2014.

Price is based on btc-e exchange USD/LTC 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 after
a maximum of 48hs of choosen price.

Payment will be made by gusti to Otoh in equivalent BTC for the USD
amount, with price at time of call based on BTC/USD from Bitstamp, to
be verified by time stamped post in this same thread.

e.g. if price at chosen time is $3 / LTC, gusti will pay to Otoh the
amount of $4000 equivalent in BTC.

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

In return, Otoh is paying now to gusti a one-time, non-refundable
premium of 1000 LTC to address :
LYQYPTRMGdc91vKhvqoGwQygHJJ8QRBCjg

Accepted, many thanks gusti, 1000 LTC sent to LYQYPTRMGdc91vKhvqoGwQygHJJ8QRBCjg

tx ID: 1deb88328cc08634a6bb4bb9b6cd9b979d2dda7220a344c04991286da36f2c18

http://block-explorer.com/tx/1deb88328cc08634a6bb4bb9b6cd9b979d2dda7220a344c04991286da36f2c18

[gusti]

Received, thanks, agreement is current.

[Otoh]

Hi gusti,

I'd like to execute this contract at $21.10 and with the bitcoin price for when that happened, many thanks, address in my sig.

Much appreciated, Otoh.

[alabamafan1]

Jesus Christ, what an insane options profit here. Hopefully he pays out.

[Otoh]

gusti is super correct in his contracts, we're in PM contact today, pay out from his cold storage scheduled for tomorrow - though I said no rush at all on this, I'm traveling then so will be afk until late in the day or the next, you should see it incoming to my sig addie if you'd like to check anytime:

https://blockchain.info/address/1otohotohMoQoxHuxLBveQiZcV3Pji3Tc

[gusti]

Sure, payment is scheduled for tomorrow.