Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: autodidactic on June 26, 2013, 08:18:38 PM



Title: MT GOX artificially pumping and lowering litecoins?
Post by: autodidactic on June 26, 2013, 08:18:38 PM
It seems to me that every time Litecoin value dips MT. Gox releases a tidbit about how they're trying so hard to implement it.
Speculation has an effect on the market. Pull up the global hashrates on Litecoin I can guarantee you the largest hashrate will be geographically located near Mt.Gox. But would love for someone to double check me.


Title: Re: MT GOX artificially pumping and lowering litecoins?
Post by: FiiNALiZE on June 26, 2013, 08:21:58 PM
Where can I pull up this global hashrate?

I never knew MtGox ran a pool  ::)

/facepalm


Title: Re: MT GOX artificially pumping and lowering litecoins?
Post by: mr_random on June 26, 2013, 08:25:32 PM
It is possible. It is also possible since they have made tens of millions of dollars in profits that they don't care trying to make a bit of dodgy money and risk ruining their reputation.


Title: Re: MT GOX artificially pumping and lowering litecoins?
Post by: Becher-Karl on June 26, 2013, 08:48:44 PM
their reputation.

LOL, that's a good one! :D


Title: Re: MT GOX artificially pumping and lowering litecoins?
Post by: defaced on June 26, 2013, 09:00:53 PM
their reputation.

LOL, that's a good one! :D

+1


Title: Re: MT GOX artificially pumping and lowering litecoins?
Post by: mr_random on June 26, 2013, 09:04:24 PM
I meant reputation in terms of being underhand, not in terms of fuck ups. Evidently, as an exchange you can fuck up quite a bit and customers will forgive you, but if you start doing shady/underhand things like insider trading that would be mud that would stick for a long time.