Bitcoin Forum

Hi.

I'm fairly new so forgive me if this is a repeat question.

My friend told me that Litecoin would be coming to MTGOX in July.

Does anyone know if this is still happening.

Has there been any news? Or can anyone point me at news articles on this that cite reliable sources.

Does anyone know if they will be upgrading their trading system at the same time as the litecoin lunch and are there still any plans to include Namecoin?

Thanks all.

it will eventuality but its anyone's guess when  :)

I don't think there has been any official news on it in awhile. Last I recall, they announced sometime in July on their facebook page. But that was before they had issues with wires and USD withdraws. And did they acquire Satoshi Dice, or was that just a rumor/joke?

Anyway, my guess is late July or sometime in August at this point.

EDIT: Here's the quote from their facebook page (http://www.facebook.com/MtGox) on June 21st:

Why would you want to trade anything on MtGox? they do not allow people to take money out, they have a ton of legal troubles, they are probably going the way of the dodo soon, I would look at other exchanges instead.


That was definitely a joke.

I highly doubt it will be on MtGox this month. The price of litecoin has been very much manipulated by the speculation/news surrounding the July announcement. If they do not deliver, I can see the value of litecoins dipping quite a bit.

https://twitter.com/fontase. Probably the best source go back a month or so and read about the litecoin ipo.

https://twitter.com/fontase:

Where is the guy getting his sources from?

Its just where most people build their speculation from.

as with everything dealing with gox, i'll believe it when i see it.

Exactly.....

and if it actually gets there, it will get ddosed in roughly one minute :D

Gox can't even handle USD -- you think they're going to add MORE currencies?!

Rumor came from https://www.facebook.com/MtGox/posts/484532824964463 #6

I've never trusted a line announced by Gox! Too many problems to solve they have.
Lawsuits, new trading platform, withdraw backlogs, [name the next excuse here]. Sounds familiar? Kind of BFL'ish?
If they manage to sort out all these things in July it will be miracle. And meanwhile, they are constantly losing trust... not a good way for an exchange to follow.
So, LTC on Gox... certainly not July, maybe mid August or close to never. It was and still is only a rumor after all.
I wouldn't rely on this hype attempt for adding some value to LTC, real life implementation will bring much more value to it though.

fontas is just a mad troll, do not take him seriously.

Fix Gox first, then worry about LTC>

Gox is so random there is absolutely no telling when/if they will add LTC. It is all rumors for now.

I think miners want soon.   But i don't know if Gox's priority is new ATM.

Obviously a topic with a lot of opinions. Take them all with a grain of salt. Last Gox said was July. Could be pushed back a bit obviously, but probably around then  give or take a couple of weeks, seems reasonable. Don't listen too much to all the doom and gloom about Gox. They have issues but seem to working them out. It's a young industry and crypto growth has been fast. Just my opinion, but a reasonable one.

I done know when its gonna be there, but i'd like to see it sooner then later...

Mt.Gox should add Litecoin and Namecoin as quick as possible. With their payout problem people will walk off to other exchanges sooner or later, but if people could trade between those three cryptocoins to build up a bigger pile of cash, then they will stay there until the problem is fixed.

Unfortunately, I can't see it happening any time soon.

Seeing as they haven't paid out any withdrawals within the last 4-6 weeks, businesses and individuals alike are starting to lose trust in MtGox - more so than usual. I think they have much bigger problems than expanding into other currencies, that will ultimately exacerbate their existing problem of growing too fast.

Nothing will happens till the end of September...we will see than.

I don't think they'll do it - but hey! You never know.

im waiting for them to go on cos i have some!!!  :P

+1 to that.

There isn't any reason not to add it. They'd make a bundle off transaction fees and basically bringing a whole market into the mainstream.

Gox to add LTC, they announced it today and it's official.

http://gigaom.com/2013/08/05/bitcoin-exchange-mt-gox-reveals-technical-upgrades-to-boost-performance/

https://www.mtgox.com/press_release_20130805.html

That a little better? From the horses mouth.

April was long ago. it is starting to look like BFL.

Yeah kinda like George Soros investing millions being a 2 year old lie? That whole "New Avalon investment".

September,October,November? Who knows.

@OP just assume it won't happen for many months. Then you won't be let down.

Gox has a special talent of being able to do this.