Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Endgame on November 24, 2013, 01:57:29 PM



Title: Within 1 month litecoin will be traded at the world's top bitcoin exchange
Post by: Endgame on November 24, 2013, 01:57:29 PM
Here is a list of the leading bitcoin exchanges in the world by volume (source: http://btckan.com/price):
1. BTCChina - 75832.63 btc 24H volume.
2. Okcoin - 55016.86 btc 24H volume.
3. HuoBi - 42069.31 btc 24H volume.
4. BTC100 - 30284.05 btc 24H volume.
5. BTC-E - 29210.28 btc 24H volume.

As you can see, Okcoin which allows both bitcoin and litecoin trading is currently the number 2 bitcoin exchange in the world by volume, behind BTCChina which allows only bitcoin trading. Okcoin is already the leading litecoin exchange in the world by volume (source: https://www.okcoin.com), having recently overtaken BTC-E. I predict within 1 month, Okcoin will also overtake BTCChina and become the leading bitcoin exchange in the world. Investors want to be able to trade BOTH major coins. Exchanges which allow the trading of only bitcoin will gradually be replaced by those that support both. This is simple natural selection at work.


Title: Re: Within 1 month litecoin will be traded at the world's top bitcoin exchange
Post by: LiteCoinGuy on November 24, 2013, 02:18:09 PM
possible yes. maybe someday mtgox awakes and adds Litecoin too  :P  (but i really think they will!)

there are alot exchanges for Litecoin already:

BTC-e, BitBargain UK, BTER, Litecoin Global Exchange, Kraken, Crypto Street, mcxNow, Cryptsy, Vircurex, and last but not least, the latest entrant into the crypto-exchange world CoinMKT.

https://forum.litecoin.net/index.php/topic,7196.msg55172.html#msg55172



Title: Re: Within 1 month litecoin will be traded at the world's top bitcoin exchange
Post by: reb0rn21 on November 24, 2013, 10:43:36 PM
Big exchanges are pure manipulators!

They are afraid of LTC/BTC arbitrage, thas why it is possible for btc-e which has LTC to be ~100$ cheaper (BTC) compared to mtgox, btcchina, bitstamp (none has LTC or anything else then fiat so arbitrage is hard by $)

So we see Okcoin gaining... soon someone will have to pull the first step or they will fail, Gox and btcchina i see hurted most if they don`t act soon