Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: tabnk on January 03, 2014, 12:26:16 AM



Title: TIPS to be shutdown at https://coinedup.com
Post by: tabnk on January 03, 2014, 12:26:16 AM
NO !!!!!!!!! :(.


Title: Re: TIPS to be shutdown at https://coinedup.com
Post by: Bansheroom on January 03, 2014, 12:34:59 AM
They stated to close the TIPS / BTC market.

Have i overlooked that they close the TIPS / LTC too?


Title: Re: TIPS to be shutdown at https://coinedup.com
Post by: Mortimer452 on January 03, 2014, 12:42:28 AM
No, they are only closing TIPS/BTC.  This coin is too worthless to purchase in BTC.  LTC is ~30x cheaper than LTC, so if price falls much below 0.00000030LTC, you can buy at LTC price and guarantee profit by selling at the cheapest BTC price possible which is 0.00000001.

That is why there are 23BTC worth of sell orders at 0.00000001 on TIPS/BTC.  These people purchased at probably close to 0.00000015 LTC, and are now shooting for a quick 100% profit by selling at rock-bottom BTC price of 0.00000001 BTC



Title: Re: TIPS to be shutdown at https://coinedup.com
Post by: lx001 on January 03, 2014, 12:42:43 AM
why would you create a new topic in the already spammed forum with such provocative subject and senseless information

currently there is no need in btc/tips exchange when you have ltc/tips