Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: tytanick on October 10, 2013, 09:30:22 AM



Title: LTC in MtGOX in less than 24h ????
Post by: tytanick on October 10, 2013, 09:30:22 AM
Hi guys,
It might be THE DAY !!!

MtGox released notice about maintance on his website and facebook
https://www.mtgox.com (visible after login)
https://www.facebook.com/MtGox

Quote
Dear Mt.Gox Customers,

In order to streamline our service, Mt.Gox platform will be offline between 3:00 a.m. and 5:00 a.m GMT on October 11th for site maintenance.

Thank you for your continued support.

We hope that LTC will go to moon !!


Title: Re: LTC in MtGOX in less than 24h ????
Post by: jdebunt on October 10, 2013, 09:34:36 AM
simple answer : no

long answer : no, ltc won't be on gox :)


Title: Re: LTC in MtGOX in less than 24h ????
Post by: Carra23 on October 10, 2013, 09:35:46 AM
Desperate last ditch attempt by LTC bagholders to get a good price to dump.


Title: Re: LTC in MtGOX in less than 24h ????
Post by: jonoiv on October 10, 2013, 09:58:31 AM
simple answer : no

long answer : no, ltc won't be on gox :)

Stop spreading FUD!

MtGox has already said they will be implementing LTC,  The question is not IF but WHEN. 

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

I have no idea if this maintenance is the Midas trading engine, but i there is a chance for sure.


Title: Re: LTC in MtGOX in less than 24h ????
Post by: tclo on October 10, 2013, 10:02:29 AM
Yes there is a chance and trade on the momentum and not fundamentals.  LTC is already up 10% in the last hour and still moving upwards.  Watch it really accellerate once it passes $2.00


Title: Re: LTC in MtGOX in less than 24h ????
Post by: fattypig on October 10, 2013, 10:04:45 AM
Short Answer: No

Long Answer: Nooooooooooo

Well, it only mention emergency maintenance, they would have said LTC if they are going to implement it.


Title: Re: LTC in MtGOX in less than 24h ????
Post by: tytanick on October 10, 2013, 10:05:51 AM
Short Answer: No

Long Answer: Nooooooooooo

Well, it only mention emergency maintenance, they would have said LTC if they are going to implement it.

Lol, they wont say specifics until maintance is over !
MtGOX: " Hi guys, we are implementing LTC now, go and buy LTC while you can" lol :D


Title: Re: LTC in MtGOX in less than 24h ????
Post by: jasonslow on October 10, 2013, 10:09:14 AM
Another trick  :)



Title: Re: LTC in MtGOX in less than 24h ????
Post by: manfred on October 10, 2013, 10:16:51 AM
No.
Quote
[10:42] <dust-otc> if the "good news" has anything to do with LTC, it is a slap in the face to anyone waiting on USD for months
[10:43] * Joins: Syloq (~Syloq@unaffiliated/syloq)
[10:43] <@MagicalTux> dust-otc, LTC won't be implemented before Midas is online


Title: Re: LTC in MtGOX in less than 24h ????
Post by: mmitech on October 10, 2013, 10:25:34 AM
No.
Quote
[10:42] <dust-otc> if the "good news" has anything to do with LTC, it is a slap in the face to anyone waiting on USD for months
[10:43] * Joins: Syloq (~Syloq@unaffiliated/syloq)
[10:43] <@MagicalTux> dust-otc, LTC won't be implemented before Midas is online


source ?


Title: Re: LTC in MtGOX in less than 24h ????
Post by: fattypig on October 10, 2013, 10:30:07 AM
people are so speculative, Litecoin price already went up 10%.


Title: Re: LTC in MtGOX in less than 24h ????
Post by: jonoiv on October 10, 2013, 10:40:11 AM
people are so speculative, Litecoin price already went up 10%.

Not speculation,  but  more of an educated guess

more currency pairs with LTC on gox public api

http://mtgox.com/api/2/stream/list_public


Title: Re: LTC in MtGOX in less than 24h ????
Post by: skull88 on October 10, 2013, 11:23:00 AM
They've deleted the message on their facebookpage.
And I can't see messages from others anymore. :-\


Title: Re: LTC in MtGOX in less than 24h ????
Post by: daserpent1 on October 10, 2013, 11:34:55 AM
Yes, they are adding LTC tomorrow. I bought a lot at $1.85usd. Will sell at 5usd or more on gox tomorrow :D


Title: Re: LTC in MtGOX in less than 24h ????
Post by: mmitech on October 10, 2013, 11:58:48 AM
Question was @MtGox Rumors says this is all about LTC, could you please clarify? LTC speculators are happy to read you are offline.source : https://twitter.com/iPhoneGamesDev/status/388258539061252097
answer was : Thank you for contacting us. Its an official one. Please contact us through mail conversation to support@mtgox....  source : https://twitter.com/MtGox/status/388265817692835840


so far I think it is official 


Title: Re: LTC in MtGOX in less than 24h ????
Post by: Oldminer on October 10, 2013, 12:10:20 PM
lol you guys..

arise chikun!!!!!??  ;D


Title: Re: LTC in MtGOX in less than 24h ????
Post by: Netnox on October 10, 2013, 12:11:27 PM
simple answer : no

long answer : no, ltc won't be on gox :)

short answer : STFU


Title: Re: LTC in MtGOX in less than 24h ????
Post by: gorgorom on October 10, 2013, 12:25:07 PM
people are so speculative, Litecoin price already went up 10%.

As klingons would say "Stupid humanssss"


Title: Re: LTC in MtGOX in less than 24h ????
Post by: mmitech on October 10, 2013, 12:50:24 PM
 about the engine I am speculating that this is why they will bring the exchange down tomorrow, to make it possible to implement medas the new engine, I am an IT operation engineer and I can tell you that on hardware level you can do hot swap without a problem, this means when we maintain the hardware there is almost no down time or if it is a major one it takes only few minutes, it is different when there is a software upgrade/maintenance.

so it goes like this we usually we clone the server and do all the necessary work on the clone offline, when the clone is ready we bring it online and take down the original one, but in this case there is trading going on all the time so they cant do it this way, so they have to go offline to prevent writing new entries to the data base, so they will go offline and then just import/export the data base to their new servers, test if everything works fine and again bring it online.

Which leaves only one possibility, I think medas is going online tomorrow, and if they tested medas and it is working they tested LTC  implementation as well, it make no sense taking down the exchange twice, once for medas and the second time for LTC, at least an IT professional would not do that.     


Title: Re: LTC in MtGOX in less than 24h ????
Post by: skull88 on October 10, 2013, 01:26:44 PM
I hope you are right, nice birthday gift for Litecoins 2 years anniversary.  ;D

...but I stay skeptic, we're still talking about mtgox.  :-\


Title: Re: LTC in MtGOX in less than 24h ????
Post by: gnix72 on October 10, 2013, 01:42:00 PM
So let's say for a moment that all your dreams come true...LTC is added to Gox...LTC price shoots up, and you sell for tons of USD on Gox...

THEN WHAT?  It will just be trapped there with all the other USD I can look at but can't touch.


Title: Re: LTC in MtGOX in less than 24h ????
Post by: fattypig on October 10, 2013, 01:43:51 PM
So let's say for a moment that all your dreams come true...LTC is added to Gox...LTC price shoots up, and you sell for tons of USD on Gox...

THEN WHAT?  It will just be trapped there with all the other USD I can look at but can't touch.

Sell it on btc-e.com instead.


Title: Re: LTC in MtGOX in less than 24h ????
Post by: skull88 on October 10, 2013, 02:02:56 PM
So let's say for a moment that all your dreams come true...LTC is added to Gox...LTC price shoots up, and you sell for tons of USD on Gox...

THEN WHAT?  It will just be trapped there with all the other USD I can look at but can't touch.
That's the genius about the whole thing, they sell it high, to discover they can't get their funds out, which means buy back even higher. It's gonna be a rocket, I tell you.  :P

All joking aside, I'm happy if it gets on Gox because it will get some extra attention and hopefully a few extra merchants pick it up. It's nice advertising, wouldn't use Gox to buy or sell ltc anyway at the moment.


Title: Re: LTC in MtGOX in less than 24h ????
Post by: snappa4ever on October 10, 2013, 02:04:00 PM
Just another price manipulation.


Title: Re: LTC in MtGOX in less than 24h ????
Post by: wizzardTim on October 10, 2013, 03:32:01 PM
simple answer : no

long answer : no, ltc won't be on gox :)

Stop spreading FUD!

MtGox has already said they will be implementing LTC,  The question is not IF but WHEN. 

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

I have no idea if this maintenance is the Midas trading engine, but i there is a chance for sure.


+1


Title: Re: LTC in MtGOX in less than 24h ????
Post by: smitelrh on October 10, 2013, 03:33:50 PM
I think it won't happen at this time,but LTC price is uping..


Title: Re: LTC in MtGOX in less than 24h ????
Post by: jnada on October 10, 2013, 03:47:37 PM
I think it won't happen at this time,but LTC price is uping..


Yeah, someone bought 100K LTC at about .015 and after 30 mins rumors has been started that LTC is going to mtgox.
Seems like next pump&dump.
Someone already earned 150 BTC...


Title: Re: LTC in MtGOX in less than 24h ????
Post by: TooCasual on October 10, 2013, 07:34:56 PM
So let's say for a moment that all your dreams come true...LTC is added to Gox...LTC price shoots up, and you sell for tons of USD on Gox...

THEN WHAT?  It will just be trapped there with all the other USD I can look at but can't touch.

You cash your LTC in for BTC at gox and transfer out... What's the problem? No more fiat/bank issues.
Also, Btc/Ltd pairs on box will even out the exchanges (same prices).

TC.


Title: Re: LTC in MtGOX in less than 24h ????
Post by: Reaper3 on October 10, 2013, 08:23:48 PM
was not able to make a small profit during this pump


Title: Re: LTC in MtGOX in less than 24h ????
Post by: Aseras on October 10, 2013, 08:30:00 PM
LTC on gox, because using BTC there now is an epic fail....

I wouldn't trust them with a dirty sock.


Title: Re: LTC in MtGOX in less than 24h ????
Post by: QuantPlus on October 10, 2013, 08:32:27 PM
LTC on gox, because using BTC there now is an epic fail....

I wouldn't trust them with a dirty sock.

The whole ongoing LTC strip-tease...
Is precisely the sort of rank stupidity...
That has resulted in Bitstamp blowing by Gox.


Title: Re: LTC in MtGOX in less than 24h ????
Post by: Carra23 on October 10, 2013, 10:23:23 PM
Told you so ;D

Desperate last ditch attempt by LTC bagholders to get a good price to dump.


Title: Re: LTC in MtGOX in less than 24h ????
Post by: balanghai on October 10, 2013, 10:49:41 PM
Good time to dump LTC? And how about mining them? Painful. I guess they need some slack. Someone has to pump it to $5 so that they could happily dump it into oblivion. ::)


Title: Re: LTC in MtGOX in less than 24h ????
Post by: sumantso on October 10, 2013, 10:53:40 PM
Good time to dump LTC?

I would say so as the price was around 0.014 and going down before todays frenzy.


Title: Re: LTC in MtGOX in less than 24h ????
Post by: frobley on October 11, 2013, 07:36:32 AM
Very negative views here, it's market cap is still 5 x it's nearest rival
(no, I don't hold any)


Title: Re: LTC in MtGOX in less than 24h ????
Post by: gorgorom on October 11, 2013, 08:49:54 AM
So let's say for a moment that all your dreams come true...LTC is added to Gox...LTC price shoots up, and you sell for tons of USD on Gox...

THEN WHAT?  It will just be trapped there with all the other USD I can look at but can't touch.

Orrr... The price skyrockets hard, and you sell on BTC-e. ;D


Title: Re: LTC in MtGOX in less than 24h ????
Post by: just_me on October 11, 2013, 09:01:53 AM

they are just doing some site maintenance according to what I read from this post anyways. Says nothing about LTC.

What advantage is it mtgox to add LTC anyways? Wouldn't that provide a backdoor that gox would not make as much money off of?

I mean, people have to pay to get the US dollars out of Gox currently don't they?

but if you have a different coin on gox, then people sell BTC and buy LTC, and then just transfer the LTC into their wallet?

I don't know.