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metalbean (OP)
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December 31, 2016, 07:19:04 AM |
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The three main exchanges - OKCoin, Huobi and BTCC only offers two cryptocurrencies.
Why is that?
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PanneKopp
Sr. Member
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Activity: 391
Merit: 250
aka ...
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December 31, 2016, 08:37:23 AM |
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maybe it is because there are only 2 real (crypto)currencies  |
... please make an educated guess !
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jacafbiz
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December 31, 2016, 08:40:49 AM |
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The three main exchanges - OKCoin, Huobi and BTCC only offers two cryptocurrencies.
Why is that?
Thanks for bring this up, I have also observed this too, I just think it is because of they have monopoly of mining LTC and BTC |
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metalbean (OP)
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December 31, 2016, 10:06:17 AM |
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The three main exchanges - OKCoin, Huobi and BTCC only offers two cryptocurrencies.
Why is that?
Thanks for bring this up, I have also observed this too, I just think it is because of they have monopoly of mining LTC and BTC Judging from their entrepreneurial spirit, I am suprised that there are so few exchanges with only two crypto. Other tech-ish industries such as GroupOn or Uber are filled with players with varying services, so it is easy to promote other crypto as a differentiator. Is it possible Chinese Uncle Sam is regulating it? |
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virasog
Legendary
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Activity: 3150
Merit: 1172
Leading Crypto Sports Betting & Casino Platform
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December 31, 2016, 10:33:58 AM |
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The three main exchanges - OKCoin, Huobi and BTCC only offers two cryptocurrencies.
Why is that?
I think the Chinese are more into Bitcoin and Litecoin than any other Cryptos. They are the reason for pumping up bitcoin and litecoin to the levels we see now and I don't think they are done with it. They are also getting into ETH and ETC. I am expecting these exchanges to list ETC next. And we have already see ETC pumping up! |
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Cryptotraider16
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December 31, 2016, 10:56:22 AM |
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The three main exchanges - OKCoin, Huobi and BTCC only offers two cryptocurrencies.
Why is that?
Use www.dabtc.com they offer more good alts! |
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Spoetnik
Legendary
Offline
Activity: 1540
Merit: 1011
FUD Philanthropist™
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December 31, 2016, 11:00:32 AM |
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The three main exchanges - OKCoin, Huobi and BTCC only offers two cryptocurrencies.
Why is that?
Thanks for bring this up, I have also observed this too, I just think it is because of they have monopoly of mining LTC and BTC 1 year ago i counted 6,000 ANN topics. Learn anything ? |
FUD first & ask questions later™ |
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talkbitcoin
Legendary
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Activity: 1372
Merit: 1032
All I know is that I know nothing.
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December 31, 2016, 11:33:03 AM |
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The three main exchanges - OKCoin, Huobi and BTCC only offers two cryptocurrencies.
Why is that?
they get 2 billion dollars daily traded volume on each of these exchanges what else do you want. even if we say a big part of it is fake volume then it is still a very huge volume to make profit from  besides the rest of the altcoins are either shit with no volume or they have a big volume but that volume is controlled by the preminers. |
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cdrking
Newbie
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Activity: 35
Merit: 0
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December 31, 2016, 11:57:29 AM |
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Probably they are seeing other alt coins as nonsense coins.
So they don't mind to look after it but rather than focus to what is more important.
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qwizzie
Legendary
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Activity: 2548
Merit: 1245
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December 31, 2016, 12:08:53 PM |
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Probably they are seeing other alt coins as nonsense coins.
So they don't mind to look after it but rather than focus to what is more important.
which means smaller or newly started exchanges have a chance to grow : http://coinmarketcap.com/exchanges/xbtce/ |
Learn from the past, set detailed and vivid goals for the future and live in the only moment of time over which you have any control : now
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Cryptotraider16
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December 31, 2016, 12:26:13 PM |
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The three main exchanges - OKCoin, Huobi and BTCC only offers two cryptocurrencies.
Why is that?
they get 2 billion dollars daily traded volume on each of these exchanges what else do you want. even if we say a big part of it is fake volume then it is still a very huge volume to make profit from besides the rest of the altcoins are either shit with no volume or they have a big volume but that volume is controlled by the preminers. Most forex. As i hear fee there is 0%! Exchanges get fee from Advertise! Is it true guys? |
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Greenenergy
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December 31, 2016, 12:42:37 PM |
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Because Bitcoin is the king, so it does not need to be explained. About Litecoin, some say regularly here that it is China's baby, so I guess it is the reason. There isn't any other altcoin worth the try and that proved to be reliable over the years.
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jmpFCE2
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December 31, 2016, 01:04:41 PM |
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Why does a Decent Exchange offer fiat-> crypto and crypto-> fiat directly?
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hajimasan
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December 31, 2016, 01:19:20 PM |
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The three main exchanges - OKCoin, Huobi and BTCC only offers two cryptocurrencies.
Why is that?
I think after these two Coins they mainly offers one other altcoin that is doge coin . In my opinion China country is famous for bitcoin mining mainly , So they offer bitcoin and litecoin is a coin was comes in the market of online money after bitcoin got popularity . |
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Shiroslullaby
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December 31, 2016, 02:14:16 PM |
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I guess promoting a bunch of shitcoins to pump and dump is not the way the crypto markets work there.
Recently there has been a lot of talk in China about Monero.
Hopefully some Chinese exchanges start trading XMR. That could send the price to the moon since you would have so many new potential users.
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Spoetnik
Legendary
Offline
Activity: 1540
Merit: 1011
FUD Philanthropist™
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December 31, 2016, 02:40:53 PM |
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Because Bitcoin is the king, so it does not need to be explained. About Litecoin, some say regularly here that it is China's baby, so I guess it is the reason. There isn't any other altcoin worth the try and that proved to be reliable over the years.
It's because LTC is the oldest and heavily supported and adopted. It's has nothing to do with skin color  NOOBS you would know that if you were here years ago. Tenebrix never took off.. LITECOIN DID ! How many of you morons know what a P2Pool is ? Do your homework then post your little kidiot Investard noob theories.. Funny thing is back in the day there was 1,000 topics a day on LTC and it was popular. Guess what noobs ? When your Ethereum or what ever is long gone people will wonder about that too. Like PrimeCoin and it's Cryptsy market. All these topics and comments just remind me off how big of a noob you all are. |
FUD first & ask questions later™ |
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metalbean (OP)
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January 01, 2017, 04:34:21 AM |
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Because Bitcoin is the king, so it does not need to be explained. About Litecoin, some say regularly here that it is China's baby, so I guess it is the reason. There isn't any other altcoin worth the try and that proved to be reliable over the years.
Who's been saying Litecoin is China's baby? curious |
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fortunecrypto
Legendary
Offline
Activity: 2562
Merit: 1048
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January 01, 2017, 07:18:40 AM |
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The three main exchanges - OKCoin, Huobi and BTCC only offers two cryptocurrencies.
Why is that?
Because they have full control of these two coins,they have a lot of mining farms scattered around their country,because of this they are making huge profit and they pumps it's price anytime they want,these two coins will always stay on the top ten.. |
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Cryptotraider16
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January 01, 2017, 08:49:03 AM |
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The three main exchanges - OKCoin, Huobi and BTCC only offers two cryptocurrencies.
Why is that?
Because they have full control of these two coins,they have a lot of mining farms scattered around their country,because of this they are making huge profit and they pumps it's price anytime they want,these two coins will always stay on the top ten.. Yeah and control by China! |
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