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Question: If Litecoin (LTC) will be traded on MtGox, how much will BTC fall?  (Voting closed: May 09, 2013, 08:16:35 AM)
0-10% - 22 (75.9%)
10-20% - 4 (13.8%)
20-30% - 0 (0%)
30-40% - 2 (6.9%)
40-50% - 1 (3.4%)
Total Voters: 29

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Author Topic: poll: LTC on MtGox - what will it do for BTC ?  (Read 861 times)
WackyWilly
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April 09, 2013, 08:16:35 AM
 #1

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 BTC as well, as BTC holders may be pulling out money from BTC into LTC. (On the price effect on LTC : please see the other poll).

Give your best shot at your vote,
Willy

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Capitalist
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April 09, 2013, 08:38:25 AM
 #2

It will affect the BTC/LTC rate but there's no reason why BTC will decline in USD terms.
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April 09, 2013, 08:51:39 AM
 #3

It could be more interesting, if LTC wasn't added. I would be a shock LTC, massive sales... it could push BTC even higher...
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April 09, 2013, 09:09:03 AM
 #4

I expect LTC prices shoot up (similar to what BTC is doing now), I wish I could pick some up but I can't right now.

They will be worth 10x what they're worth now in a week, if not less.
b!z
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April 09, 2013, 09:35:23 AM
 #5

BTC up, LTC up.
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April 18, 2013, 09:16:53 PM
 #6

Mt.Gox LTC/USD + LTC/BTC charts are primed on crytpocoincharts.info. They clearly know something we don't, but this probably means LTC on gox real soon.
dtuur
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April 18, 2013, 10:00:50 PM
 #7

This is great. Now people will be able to "take profits of the table" in other cryptocurrencies rather than in dollars or euros.

My bet is LTC will rise, BTC won't budge.
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April 18, 2013, 10:03:27 PM
 #8

Mt.Gox LTC/USD + LTC/BTC charts are primed on crytpocoincharts.info. They clearly know something we don't, but this probably means LTC on gox real soon.

Looks like someone made a fake website to start rumours in the trollbox.

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St.Bit
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April 18, 2013, 10:42:49 PM
 #9

I belive thats impossible to measure, but after a while there might be a positive effect on BTC.

At first it will take some cash out of BTC, but in the long run it's symbiotic.
Once you have LTC established some people will cash out to LTC instead to USD if there is a panik. This will lead to more trust in crypto in general so btc will rise even more on USD. LTC/BTC is impossible to predict.

Sign a message and get some YAC: https://bitcointalk.org/index.php?topic=300152.0
nortega
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April 18, 2013, 11:04:05 PM
 #10

I would think there would be a slight distraction of the current marketplace funds to diversify into LTC.
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April 18, 2013, 11:28:25 PM
 #11

The chances of it going down are low. I've seen other exchange sites that offer almost all alternative coins, and the price of btc/usd differs only 1-2% than mtgox.
Possible even higher rates for both.


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3ham3
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April 18, 2013, 11:48:24 PM
 #12

The BTC/LTC rate may change slightly to adjust, but BTC should not be effected much.
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