poll: LTC on MtGox - what will it do for LTC ?

[WackyWilly]

Hi all,

There is a lot of talk about LTC coming to MtGox. I have no information, whether MtGox would do so in due time, and I am not willing to enter into the rumoring that is going on. I just want your opinion, since being able to trade LTC through MtGox may have serious impact on the price of LTC (and on the price of BTC as well, see the other poll).

Disclaimer: actually, there is too much of rumoring about all this, IMHO by nitwits that think they can pump the LTC price  .
I am looking at it without prejudice: if LTC is "the next" thing, it will hurt my BTC holdings. On the other hand, I am perfectly fine with rising LTC prices as well, as it will only add value to my above-average LTC position.

Give your best shot at your vote,
Willy

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[markkobarr]

from what I've heard (other forums, trollbox etc), LTC should be going to Mt. Gox soon. I think that when it does, the price will increase since people will have this option to store BTC other than USD.

[CryptoTrader]

It will bump up the price, how much is anyones guess....

[CryptoTrader]

MTGOX has confirmed that they will add LTC to their exchange, just no date    Mtgox Twitter -
 https://twitter.com/MtGox/status/319785584468062208

[sdawg1357]

I think it'll go up.... not sure if that will be perm or just a temp spike... hope it's perm

[im_riley]

It would easily bring more popularity to LTC. So, probably.

[CryptoTrader]

The real question is, lets say LTC does go way up, will LTC push BTC up? Interesting...

[tell_lie_vision]

actually, there is too much of rumoring about all this, IMHO by nitwits that think they can pump the LTC price  .

Why are you so critical of them ?
It is possible to pump the price of the chosen altcoin  by a coordinated pr campaign, fueled by fresh rumours. Not bragging here but my bullish article on litecoin published on the 1st of april at smartlab (russian analogue of seeking alpha) had more than thousand views and surely brought many new traders to btc-e. I am far from saying that this publication alone caused the price to explode, but it definitely helped to spread the awareness among speculators. Those who listened to my recommendation and acted fast could made a whooping 300% return on their investment in just 3 days !!!