Isn't sweeet's debt pegged in USD?
Hi Sweet
In response to your message, I would like my layout in BTC as USD is not my native currency. No rush, but do you have any idea of when I will be receiving my funds back? I'm on edge a little haha.
Thanks for keeping us updated.
Well its not like I'd be repaying you in USD just in BTC but the value of the Bitcoin is calculated from the USD value of bitcoin from the time of your transaction. So I would be repaying you in BTC but you would receive the same amount of USD value instead of BTC value. As of time of repayment I have no clue I am first repaying drunkenone then Taras then you.
How can you state the repayment amount from sweeet in terms of BTC....
I paid Sweeet 0.06, which is due to be returned to me at some unknown point.
Why don't I just tell Sweet I want my 0.06 now?
Because that's what everyone wants, and what everyone can't get at the moment.
What will I earn?
To get the repayment of my 0.06 stake directly from Sweeet, I ask to be paid 0.053. This is negotiable
If BTC could double tomorrow and then only be repaid half of the .6 BTC pegged to USD, or crash X4 tomorow and be repaid 4X in btc??
And..
If you agree to lock your BTC to the USD value at the time it was sent which is: $5341
Is that .06 BTC pegged at $5341 or is that $19,500 BTC?
Hmm..
If that .06 BTC is pegged at $5300 and now we are at $19,500 that's like ... 0.0163 BTC now for full repayment..
This MUST not be the case if you are stating a projected profit of $180 from buying this debt note at 0.05BTC