Luceo (OP)
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Per aspera ad astra!
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August 04, 2012, 01:50:52 AM Last edit: January 01, 2013, 01:52:16 AM by Luceo |
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This is a bet between Luceo and xisalty, to be settled at 23:59 UTC on 31st December 2012. Update: Paid to yet another address requested by xisalty (http://blockchain.info/tx-index/40498248/0ca8fc93244bd6389e5f576f370bc2361cbe0df86f7cdf23861af0434789ac73) on page 2. Congrats xisalty on winning the bet.If the last traded price on BTC-e in the pair LTC/BTC is lower than 0.004 BTC per LTC at the time of settlement, xisalty will send 10 Bitcoins to 1NywtxytKx1LLHTMT475hkKoCdZPZJYpsB. If the last traded price on BTC-e in the pair LTC/BTC is equal to or higher than 0.004 BTC per LTC at the time of settlement, Luceo will send 10 Bitcoins to 1Gsx5wKDaSDuEyPeNg5W9EGXRTLrg9nkaA*. In the event that BTC-e is no longer trading at the time of settlement, the bet shall be declared a draw. I will wait for xisalty to confirm this. Putting this here in public so that it doesn't get forgotten, or the terms reneged upon, or anything else of that nature. * Note (SEPTEMBER 17TH 2012 04:23 UTC): xisalty requested an address change in post 11 which Tittiez quoted in post 12, this is why the address which appears here is different to that quoted below by deego.
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FreeMoney
Legendary
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Strength in numbers
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August 04, 2012, 02:00:51 AM |
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This is a bet between Luceo and xisalty, to be settled at 23:59 UTC on 31st December 2012.
If the last traded price on BTC-e in the pair LTC/BTC is lower than 0.004 BTC per LTC at the time of settlement, xisalty will send 10 Bitcoins to 1NywtxytKx1LLHTMT475hkKoCdZPZJYpsB.
If the last traded price on BTC-e in the pair LTC/BTC is equal to or higher than 0.004 BTC per LTC at the time of settlement, Luceo will send 10 Bitcoins to 1EBW2cYHAC6LqTf9c5EfFh2rVHZPpwH2gr.
In the event that BTC-e is no longer trading at the time of settlement, the bet shall be declared a draw.
I will wait for xisalty to confirm this. Putting this here in public so that it doesn't get forgotten, or the terms reneged upon, or anything else of that nature.
That's a longish bet. Just out of curiosity are you holding the 10 bitcoins or will you go to market near that time? If you are holding the 10 it might be a better deal to get a buttload of LTC for it and bet that way, no counter-party risk and a lot more potential upside assuming you think LTC will actually be going way up beyond .004. A way to get that upside and still do a bet is to make him payout in LTC, probably set the amount equal to the 10BTC at the current rate. That's all just random thought, gl.
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Play Bitcoin Poker at sealswithclubs.eu. We're active and open to everyone.
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SaltySpitoon
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Welcome to the SaltySpitoon, how Tough are ya?
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August 04, 2012, 02:01:18 AM |
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I should mention that I am not Xisalty, but I was witness to the bet, and everything was fairly done/agreed upon.
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Luceo (OP)
Sr. Member
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Per aspera ad astra!
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August 04, 2012, 02:06:46 AM |
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That's a longish bet.
Just out of curiosity are you holding the 10 bitcoins or will you go to market near that time? If you are holding the 10 it might be a better deal to get a buttload of LTC for it and bet that way, no counter-party risk and a lot more potential upside assuming you think LTC will actually be going way up beyond .004. A way to get that upside and still do a bet is to make him payout in LTC, probably set the amount equal to the 10BTC at the current rate.
That's all just random thought, gl.
I always have enough BTC on hand to pay out this kind of volume without an issue, so I'll be holding 10 BTC. I'm betting against LTC and he's going long on LTC, which is why I've elected to do it this way. Sadly there's no options to short LTC without counter-party risk at the moment.
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xisalty
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August 04, 2012, 02:15:29 AM |
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This is a bet between Luceo and xisalty, to be settled at 23:59 UTC on 31st December 2012.
If the last traded price on BTC-e in the pair LTC/BTC is lower than 0.004 BTC per LTC at the time of settlement, xisalty will send 10 Bitcoins to 1NywtxytKx1LLHTMT475hkKoCdZPZJYpsB.
If the last traded price on BTC-e in the pair LTC/BTC is equal to or higher than 0.004 BTC per LTC at the time of settlement, Luceo will send 10 Bitcoins to 1EBW2cYHAC6LqTf9c5EfFh2rVHZPpwH2gr.
In the event that BTC-e is no longer trading at the time of settlement, the bet shall be declared a draw.
I will wait for xisalty to confirm this. Putting this here in public so that it doesn't get forgotten, or the terms reneged upon, or anything else of that nature.
I am posting here to confirm that these are the terms of the bet. Good Luck Luceo.
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Luceo (OP)
Sr. Member
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Per aspera ad astra!
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August 04, 2012, 02:29:29 AM |
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Good luck to you too, sir. ^^
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FreeMoney
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Strength in numbers
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August 04, 2012, 04:58:06 PM |
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That's a longish bet.
Just out of curiosity are you holding the 10 bitcoins or will you go to market near that time? If you are holding the 10 it might be a better deal to get a buttload of LTC for it and bet that way, no counter-party risk and a lot more potential upside assuming you think LTC will actually be going way up beyond .004. A way to get that upside and still do a bet is to make him payout in LTC, probably set the amount equal to the 10BTC at the current rate.
That's all just random thought, gl.
I always have enough BTC on hand to pay out this kind of volume without an issue, so I'll be holding 10 BTC. I'm betting against LTC and he's going long on LTC, which is why I've elected to do it this way. Sadly there's no options to short LTC without counter-party risk at the moment. Oh, I see I had it backwards.
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Play Bitcoin Poker at sealswithclubs.eu. We're active and open to everyone.
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xisalty
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September 17, 2012, 10:31:02 PM |
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Just to update with Luceo and the others, I recently lost access to my address used in the bet. Just posting so that the first post can be updated with a new address to be used. 1Gsx5wKDaSDuEyPeNg5W9EGXRTLrg9nkaA is the new address.
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Tittiez
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September 17, 2012, 10:59:12 PM |
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Just to update with Luceo and the others, I recently lost access to my address used in the bet. Just posting so that the first post can be updated with a new address to be used. 1Gsx5wKDaSDuEyPeNg5W9EGXRTLrg9nkaA is the new address.
Quoted
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Luceo (OP)
Sr. Member
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Per aspera ad astra!
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September 18, 2012, 04:22:07 AM |
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Just to update with Luceo and the others, I recently lost access to my address used in the bet. Just posting so that the first post can be updated with a new address to be used. 1Gsx5wKDaSDuEyPeNg5W9EGXRTLrg9nkaA is the new address.
Accepted. Will addendum the first post.
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Luceo (OP)
Sr. Member
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Per aspera ad astra!
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September 20, 2012, 08:25:33 AM |
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If someone can re-quote my modified original post for completeness sake I would appreciate it.
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stepkrav
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September 20, 2012, 09:36:33 AM |
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This is a bet between Luceo and xisalty, to be settled at 23:59 UTC on 31st December 2012.
If the last traded price on BTC-e in the pair LTC/BTC is lower than 0.004 BTC per LTC at the time of settlement, xisalty will send 10 Bitcoins to 1NywtxytKx1LLHTMT475hkKoCdZPZJYpsB.
If the last traded price on BTC-e in the pair LTC/BTC is equal to or higher than 0.004 BTC per LTC at the time of settlement, Luceo will send 10 Bitcoins to 1Gsx5wKDaSDuEyPeNg5W9EGXRTLrg9nkaA*.
In the event that BTC-e is no longer trading at the time of settlement, the bet shall be declared a draw.
I will wait for xisalty to confirm this. Putting this here in public so that it doesn't get forgotten, or the terms reneged upon, or anything else of that nature.
* Note (SEPTEMBER 17TH 2012 04:23 UTC): xisalty requested an address change in post 11 which Tittiez quoted in post 12, this is why the address which appears here is different to that quoted below by deego.
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smoothie
Legendary
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LEALANA Bitcoin Grim Reaper
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September 28, 2012, 05:20:21 AM |
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I'm with Goat on this one. Price is gonna be above 0.004btc/ltc on Dec 31st. Any takers?
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███████████████████████████████████████
,╓p@@███████@╗╖, ,p████████████████████N, d█████████████████████████b d██████████████████████████████æ ,████²█████████████████████████████, ,█████ ╙████████████████████╨ █████y ██████ `████████████████` ██████ ║██████ Ñ███████████` ███████ ███████ ╩██████Ñ ███████ ███████ ▐▄ ²██╩ a▌ ███████ ╢██████ ▐▓█▄ ▄█▓▌ ███████ ██████ ▐▓▓▓▓▌, ▄█▓▓▓▌ ██████─ ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌ ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌ ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─ ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩ ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀ ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀` ²²² ███████████████████████████████████████
| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ . LEALANA BITCOIN GRIM REAPER SILVER COINS. |
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BitcoinINV
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October 02, 2012, 02:19:11 PM |
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It's already there lol
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Luceo (OP)
Sr. Member
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Per aspera ad astra!
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October 02, 2012, 09:46:38 PM |
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The bet was never on whether it would 'get there' (it was over 0.005 when we bet) but whether it would be there on that day, after ASICs and the block reward halving hit.
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420
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October 22, 2012, 02:29:44 AM |
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Poor Luceo... Everybody else put your wager!: http://betsofbitco.in/item?id=797
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Donations: 1JVhKjUKSjBd7fPXQJsBs5P3Yphk38AqPr - TIPS the hacks, the hacks, secure your bits!
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Luceo (OP)
Sr. Member
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Per aspera ad astra!
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October 24, 2012, 08:42:45 PM |
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I still feel confident. Litecoin has been stable in the 0.006/0.007s before and plummeted back down to the 0.002s.
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420
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October 24, 2012, 08:44:08 PM |
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I still feel confident. Litecoin has been stable in the 0.006/0.007s before and plummeted back down to the 0.002s.
Then reap more profits off my bet http://betsofbitco.in/item?id=797
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Donations: 1JVhKjUKSjBd7fPXQJsBs5P3Yphk38AqPr - TIPS the hacks, the hacks, secure your bits!
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The Koolio
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November 17, 2012, 06:19:58 AM |
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I LIKE TRAINS
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1. Litecoin 2. Bitcoin 3. Any of the Anon coins
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420
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November 18, 2012, 08:03:14 AM |
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Donations: 1JVhKjUKSjBd7fPXQJsBs5P3Yphk38AqPr - TIPS the hacks, the hacks, secure your bits!
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