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Title: BTC-E Trade Volume Post by: Chronikka on April 05, 2014, 04:44:11 AM Does it bother anybody that BTC-E commands so much of the Litecoin trade volume?
https://i.imgur.com/liulfh1.png Source: https://coinmarketcap.com/volume.html#ltc (https://coinmarketcap.com/volume.html#ltc) I have done a lot of trading there with no problems, so I'm in no way trying to attack BTC-E. I'm just wondering what people think about the lopsided trading volume %. Do people really like the Troll box that much? Title: Re: BTC-E Trade Volume Post by: goin2mars on April 05, 2014, 04:55:36 AM What scares me about litecoin is that there's 27.2 million coins and 24.26% of them sit in two wallets, active at the last couple of days last year. Anything else means much less to me than that. Title: Re: BTC-E Trade Volume Post by: Chronikka on April 05, 2014, 05:00:05 AM What scares me about litecoin is that there's 27.2 million coins and 24.26% of them sit in two wallets, active at the last couple of days last year. Anything else means much less to me than that. The largest Bitcoin wallet in existence is held by the US Federal Government. And that's from just one seized account. They have more BTC than that. I'm not sure what scares me more. http://bitinfocharts.com/bitcoin/address/1FfmbHfnpaZjKFvyi1okTjJJusN455paPH (http://bitinfocharts.com/bitcoin/address/1FfmbHfnpaZjKFvyi1okTjJJusN455paPH) http://bitinfocharts.com/top-100-richest-bitcoin-addresses.html (http://bitinfocharts.com/top-100-richest-bitcoin-addresses.html) Title: Re: BTC-E Trade Volume Post by: goin2mars on April 05, 2014, 05:23:44 AM What scares me about litecoin is that there's 27.2 million coins and 24.26% of them sit in two wallets, active at the last couple of days last year. Anything else means much less to me than that. The largest Bitcoin wallet in existence is held by the US Federal Government. And that's from just one seized account. They have more BTC than that. I'm not sure what scares me more. http://bitinfocharts.com/bitcoin/address/1FfmbHfnpaZjKFvyi1okTjJJusN455paPH (http://bitinfocharts.com/bitcoin/address/1FfmbHfnpaZjKFvyi1okTjJJusN455paPH) http://bitinfocharts.com/top-100-richest-bitcoin-addresses.html (http://bitinfocharts.com/top-100-richest-bitcoin-addresses.html) Lucky I don't own more than a couple satoshi then! Also . . the top two addresses are still only 2% of the supply according to your info. The value doesn't scare me as much as the actual amount in circulation that is in them. Title: Re: BTC-E Trade Volume Post by: Warning__3 on April 05, 2014, 05:43:03 AM As long as they are profitable and don't do anything fishy..
Otherwise i have no problems with them :) Title: Re: BTC-E Trade Volume Post by: BigBoy89 on April 05, 2014, 05:47:53 AM What scares me about litecoin is that there's 27.2 million coins and 24.26% of them sit in two wallets, active at the last couple of days last year. Anything else means much less to me than that. if 25% in just 2 address, LTC is easy to manipulate in trading market Title: Re: BTC-E Trade Volume Post by: Petr1fied on April 05, 2014, 10:39:17 AM That list is outdated, the Chinese exchanges OKCoin (https://bitcoinwisdom.com/markets/okcoin/ltccny) and Huobi (https://bitcoinwisdom.com/markets/huobi/ltccny) have greater volume (in particular OKCoin) and these are the markets being watched by btc-e traders for indications on when to buy/sell.
Title: Re: BTC-E Trade Volume Post by: Chronikka on April 05, 2014, 02:49:00 PM What scares me about litecoin is that there's 27.2 million coins and 24.26% of them sit in two wallets, active at the last couple of days last year. Anything else means much less to me than that. if 25% in just 2 address, LTC is easy to manipulate in trading market Its actually ~22% in 2 addresses. They both contain 3 Million Litecoin: http://bitinfocharts.com/litecoin/address/Lb6wDP2kHGyWC7vrZuZAgV7V4ECyDdH7a6 (http://bitinfocharts.com/litecoin/address/Lb6wDP2kHGyWC7vrZuZAgV7V4ECyDdH7a6) http://bitinfocharts.com/litecoin/address/LgY8ahfHRhvjVQC1zJnBhFMG5pCTMuKRqh (http://bitinfocharts.com/litecoin/address/LgY8ahfHRhvjVQC1zJnBhFMG5pCTMuKRqh) http://bitinfocharts.com/top-100-richest-litecoin-addresses.html (http://bitinfocharts.com/top-100-richest-litecoin-addresses.html) They are obviously owned by the same person. Its commonly believed to be the cold storage addresses for the very same BTC-E, but I'm not so sure of this. |
