Quote from: Scott J on March 06, 2013, 11:16:15 AM

Quote from: Eisenhower34 on March 06, 2013, 08:46:18 AM

I hope you all realized that those options are only as good as the person you trade with. So you put alot of trust into 420 that he will be here in 6 months and able to fullfill his part in case that the LTC price rise by a factor of 100 or whatever it is that time...

Obviously I trust 420 to keep his side of the bargain otherwise I wouldn't have entered into the contract.

Also, the way the deal was made, the worse case scenario for me was that I paid $40 for 500 LTC.

Negotiated with him on his loan thread: https://bitcointalk.org/index.php?topic=149699.msg1591524#msg1591524

Quote from: 420 on March 06, 2013, 05:15:23 PM

I see you need a loan.

Howbout we make a new deal.

I give you 2605LTC for nothing and we cancel the rest of the option contract (1895LTC).

Then you have LTC you can sell for just about $500 (the amount of loan you wanted)