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Offering 210k LTBc for Bitcoin

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Tintin

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Hello, I am selling 210k LTBc for bitcoin. My ask price is 0.6 bitcoin. Yes I could sell it on an exchange and wait months for it to fill. And a 'large' buyer could wait months for his/her trade to fill.... Or, we could do a quick trade for the whole 210k. Smaller portions can be sold too for the same ltbc/btc.

-Tintin-

Posted on August 28, 2014 at 8:00 AM

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• meadefreling

  

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  Should i offer you at least 0.04 for the 210k LTBc for bitcoin ?

  Posted on August 28, 2014 at 8:34 AM
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• Tintin

  

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  @meadefreling Should i offer you at least 0.04 for the 210k LTBc for bitcoin ?

  That would be ridiculous, so no.

  Posted on August 28, 2014 at 9:14 AM
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• Cryptonaut

  

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  @tintin

  @meadefreling Should i offer you at least 0.04 for the 210k LTBc for bitcoin ?

  That would be ridiculous, so no.

  wait you mean you wont take 94% less than your original offer? :p

  Posted on August 28, 2014 at 9:23 AM
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• bajing

  

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  @tintin Hello, I am selling 210k LTBc for bitcoin. My ask price is 0.6 bitcoin. Yes I could sell it on an exchange and wait months for it to fill. And a 'large' buyer could wait months for his/her trade to fill.... Or, we could do a quick trade for the whole 210k. Smaller portions can be sold too for the same ltbc/btc.

  -Tintin-

  im offer 0.042 for 210k lbtc

  Posted on August 28, 2014 at 11:05 AM
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• eshriek

  

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  @cryptonaut

  @tintin

  @meadefreling Should i offer you at least 0.04 for the 210k LTBc for bitcoin ?

  That would be ridiculous, so no.

  wait you mean you wont take 94% less than your original offer? :p

  wait you mean the ask on Melotc is 130 satoshis so .00000130 * 210 000 = 0.273 and I can get it for .6 here instead!? :)

  Posted on August 29, 2014 at 7:06 AM
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• Tintin

  

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  @eshriek

  @cryptonaut

  @tintin

  @meadefreling Should i offer you at least 0.04 for the 210k LTBc for bitcoin ?

  That would be ridiculous, so no.

  wait you mean you wont take 94% less than your original offer? :p

  wait you mean the ask on Melotc is 130 satoshis so .00000130 * 210 000 = 0.273 and I can get it for .6 here instead!? :)

  You don't seem to get the concept of ask price: http://www.investopedia.com/terms/b/bid-and-asked.asp ask price is 198 sat. at the moment, you are talking about bid price. If I wanted to buy 210k right now, I would pay even more than 198 sat. per ltbc since those sell orders are not large enough.

  Posted on August 29, 2014 at 7:13 AM
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• ltbharley

  

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  The price is too high, look in the Melotic exchange, you could sell all of them for about 0.23 not more

  Posted on August 29, 2014 at 7:15 AM
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• Tintin

  

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  @ltbharley The price is too high, look in the Melotic exchange, you could sell all of them for about 0.23 not more

  True, I could sell them for that price. But no way you could buy them for 0.23 on melotic, you are looking at 0.5BTC+

  Posted on August 29, 2014 at 7:16 AM
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• cryptozio

  

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  @tintin

  @ltbharley The price is too high, look in the Melotic exchange, you could sell all of them for about 0.23 not more

  True, I could sell them for that price. But no way you could buy them for 0.23 on melotic, you are looking at 0.5BTC+

  This is funny but it's the truth, the spread between supply and demand is really high in this early stage of LTB coin life.

  Posted on August 29, 2014 at 7:19 AM
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• markxmayer

  

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  Location: Englewood, CO

  You don't seem to get the concept of ask price: http://www.investopedia.com/terms/b/bid-and-asked.asp ask price is 198 sat. at the moment, you are talking about bid price. If I wanted to buy 210k right now, I would pay even more than 198 sat. per ltbc since those sell orders are not large enough.

  While that is technically true, you are still asking (210k x 286 satoshi = 0.6 BTC) more than the current market price. I could by 210k for 0.54 BTC right now (only buying to 258 satoshi) on exchange.

  Posted on August 29, 2014 at 7:29 AM
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