Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Sage on March 07, 2013, 11:12:50 AM



Title: Litcoin as a Functional Bitcoin Trading Tool...
Post by: Sage on March 07, 2013, 11:12:50 AM
If you have experience trading Litcoin, a few questions for you:

1) Does it have enough liquidity to make it functional as a trading tool, moving between Bitcoin and Litcoin and back?

2) Does it have a real-world economy behind it yet?

3) Where can I get up to speed on Litcoin exchanges and trading charts?

4) Are there any exchanges that allow a direct Bitcoin to Litcoin trade and back?

Thanks


Title: Re: Litcoin as a Functional Bitcoin Trading Tool...
Post by: krobde on March 07, 2013, 11:23:32 AM
btc-e.com


Title: Re: Litcoin as a Functional Bitcoin Trading Tool...
Post by: 🏰 TradeFortress 🏰 on March 07, 2013, 11:27:51 AM
If you have experience trading Litcoin, a few questions for you:

1) Does it have enough liquidity to make it functional as a trading tool, moving between Bitcoin and Litcoin and back?

2) Does it have a real-world economy behind it yet?

3) Where can I get up to speed on Litcoin exchanges and trading charts?

4) Are there any exchanges that allow a direct Bitcoin to Litcoin trade and back?

Thanks

1. Volume on btc-e is Volume: 478801 LTC / 2189 BTC, that should be monthly

2. It has the most real world economy of any alt currency. But that's not much.

3. There's LTC-GLOBAL for a stock exchange, but LTC is very nich.

4. btc-e


Title: Re: Litcoin as a Functional Bitcoin Trading Tool...
Post by: Sage on March 07, 2013, 03:18:11 PM
Thanks for the heads up.

I'm way behind the curve on these other crypto currencies.

Any good places like bitcoincharts.com to get price history on litcoin?  And/or a premier on its' basic function?

Any other crypto currencies I should be looking at in your opinion?



Title: Re: Litcoin as a Functional Bitcoin Trading Tool...
Post by: whitenight639 on March 11, 2013, 01:59:04 AM
^^^ Good question, BUMP


Title: Re: Litcoin as a Functional Bitcoin Trading Tool...
Post by: BlackBison on March 11, 2013, 02:30:32 AM
http://www.ltc-charts.com/


Title: Re: Litcoin as a Functional Bitcoin Trading Tool...
Post by: daybyter on March 11, 2013, 12:41:19 PM
There are already so many bots trading btc ltc arb. But if you have a good idea, let me know... :)


Title: Re: Litcoin as a Functional Bitcoin Trading Tool...
Post by: Sage on March 12, 2013, 04:44:51 AM
There are already so many bots trading btc ltc arb. But if you have a good idea, let me know... :)

I'm not looking to arbitrage.  More so I'm looking for a tools to easily move in and out of Bitcoin with low transaction cost.  I have ethical and moral issues with fiat.  I would rather do it not moving into fiat if that is at all possible.

Eventually a mad frenzy will hit the Bitcoin market, causing an overbought situation.  The eventually sell-off will cause an under bought buying opportunity when another base is established.

I'm looking for tools to quickly move out of Bitcoin in that frenzy period, then move back into Bitcoin when a new base has developed. 


Title: Re: Litcoin as a Functional Bitcoin Trading Tool...
Post by: btcash on March 12, 2013, 08:31:28 AM
http://www.cryptocoincharts.info/ -> Charts and order books for all LTC exchanges.


Title: Re: Litcoin as a Functional Bitcoin Trading Tool...
Post by: weex on March 12, 2013, 08:33:32 AM
1. Volume on btc-e is Volume: 478801 LTC / 2189 BTC, that should be monthly
This is actually a daily volume and is low. We've been seeing 1M+ ltc per day for the past couple days on the ltcbtc order book.


Title: Re: Litcoin as a Functional Bitcoin Trading Tool...
Post by: baggyp on March 13, 2013, 12:27:46 AM
its been out of control high lately! and I'm annoyed that I can't easily dump my fiat for litecoins. I have btc but i dont like to use those for anything, lol.


Title: Re: Litcoin as a Functional Bitcoin Trading Tool...
Post by: kokojie on March 13, 2013, 01:51:41 AM

1. Volume on btc-e is Volume: 478801 LTC / 2189 BTC, that should be monthly


Nope, that's the daily volume


Title: Re: Litcoin as a Functional Bitcoin Trading Tool...
Post by: bitcool on March 13, 2013, 02:13:14 AM

1. Volume on btc-e is Volume: 478801 LTC / 2189 BTC, that should be monthly


Nope, that's the daily volume

Someone needs to wake up and smell the coffee  ;)