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Title: BitVC Ceases Litecoin Futures Offering to Focus on Bitcoin Post by: Raystonn on March 20, 2015, 05:30:15 AM http://www.coindesk.com/bitvc-ceases-litecoin-futures-offering-to-focus-on-bitcoin/
Quote Futures trading platform BitVC has announced it will no longer offer litecoin futures to its users, as it shifts its focus to bitcoin. The platform, a subsidiary of Chinese exchange Huobi, said that the decision was taken "due to a lack of user demand", and the "growing consensus that the world will only have one cryptocurrency value". Title: Re: BitVC Ceases Litecoin Futures Offering to Focus on Bitcoin Post by: NUFCrichard on March 20, 2015, 08:04:38 AM http://www.coindesk.com/bitvc-ceases-litecoin-futures-offering-to-focus-on-bitcoin/ I don't know if there will only be one cryptocurrency in the future, but I am 100% sure that litecoin won't be one of the major cryptocurrencies of the future.Quote Futures trading platform BitVC has announced it will no longer offer litecoin futures to its users, as it shifts its focus to bitcoin. The platform, a subsidiary of Chinese exchange Huobi, said that the decision was taken "due to a lack of user demand", and the "growing consensus that the world will only have one cryptocurrency value". It is a bit faster than bitcoin to confirm, otherwise I see almost no innovation. Primecoin, peercoin, NXT and many others have lots of interesting new aspects about them. Litecoin doesn't. Good call by BitVC, concentrate on the central market being sucessful, then look at peripheral markets. Title: Re: BitVC Ceases Litecoin Futures Offering to Focus on Bitcoin Post by: BitCoinNutJob on March 20, 2015, 09:50:36 AM http://www.coindesk.com/bitvc-ceases-litecoin-futures-offering-to-focus-on-bitcoin/ Quote Futures trading platform BitVC has announced it will no longer offer litecoin futures to its users, as it shifts its focus to bitcoin. The platform, a subsidiary of Chinese exchange Huobi, said that the decision was taken "due to a lack of user demand", and the "growing consensus that the world will only have one cryptocurrency value". Thats ok never heard of them, litecoin is going to the moon next bubble and nobody can stop it lol Title: Re: BitVC Ceases Litecoin Futures Offering to Focus on Bitcoin Post by: gizmoh on March 20, 2015, 10:22:14 AM Litecoin its the only alt coin offered on major chinese platforms like okcoin/Huobi, there is respectable trading volume for traders unlike those illiquid coins. CCMF soon as halving approaches ;)
Title: Re: BitVC Ceases Litecoin Futures Offering to Focus on Bitcoin Post by: randy8777 on March 20, 2015, 10:55:21 AM it's good that they put the focus only on bitcoin now. that being said, litecoin has decent volume spreaded over several exchanges.
i wonder what this will do with the litecoin price as it already had a good beating last months. Title: Re: BitVC Ceases Litecoin Futures Offering to Focus on Bitcoin Post by: 1Referee on March 20, 2015, 02:41:36 PM http://www.coindesk.com/bitvc-ceases-litecoin-futures-offering-to-focus-on-bitcoin/ Quote Futures trading platform BitVC has announced it will no longer offer litecoin futures to its users, as it shifts its focus to bitcoin. The platform, a subsidiary of Chinese exchange Huobi, said that the decision was taken "due to a lack of user demand", and the "growing consensus that the world will only have one cryptocurrency value". Thats ok never heard of them, litecoin is going to the moon next bubble and nobody can stop it lol Other than using Litecoin for trading purposes, does it serve any other serious purpose? Nope. It's just a matter of time before the last few king size bag holders/early adopters dump their stash on the market out of boredom. Title: Re: BitVC Ceases Litecoin Futures Offering to Focus on Bitcoin Post by: manselr on March 20, 2015, 04:33:52 PM http://www.coindesk.com/bitvc-ceases-litecoin-futures-offering-to-focus-on-bitcoin/ It sucks for Litecoin holders, I have my doubts if LTC will be able to recover at this point.Quote Futures trading platform BitVC has announced it will no longer offer litecoin futures to its users, as it shifts its focus to bitcoin. The platform, a subsidiary of Chinese exchange Huobi, said that the decision was taken "due to a lack of user demand", and the "growing consensus that the world will only have one cryptocurrency value". Has anyone tried BitVC to generate compound interest with their BTC holdings tho? |