Bitcoin Forum
October 18, 2017, 04:26:11 AM *
News: Latest stable version of Bitcoin Core: 0.15.0.1  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: MTgox and other cryptos  (Read 583 times)
btchaver
Full Member
***
Offline Offline

Activity: 168


View Profile
April 13, 2013, 04:06:45 AM
 #1

Can gox actually lower the price of other currencies when they are listen on mtgox for example the price actually drops instead of raising when those currencies are listed on mtgox.  What do you think.  everyone says the price will raise but the price might also go down and become unstable and fluctate what do you think i have very little left after the bubble and trading like crazy now nothing left need to make the right choice to try to predict the market.  what are your thoughts.
1508300771
Hero Member
*
Offline Offline

Posts: 1508300771

View Profile Personal Message (Offline)

Ignore
1508300771
Reply with quote  #2

1508300771
Report to moderator
1508300771
Hero Member
*
Offline Offline

Posts: 1508300771

View Profile Personal Message (Offline)

Ignore
1508300771
Reply with quote  #2

1508300771
Report to moderator
1508300771
Hero Member
*
Offline Offline

Posts: 1508300771

View Profile Personal Message (Offline)

Ignore
1508300771
Reply with quote  #2

1508300771
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
matauc12
Hero Member
*****
Offline Offline

Activity: 658


View Profile
April 13, 2013, 04:47:06 AM
 #2

The thing is... People who own Litecoins and are willing to sell (sellers) will go where it sells.

People who don't own litecoin might not register on a different exchange to buy some.

Basically, mtgox might offer new buyers, but it won't offer new sellers.

Demand going up with supply being the same = rise.

Kinda surprised people can't compute that on their own though.
manface
Full Member
***
Offline Offline

Activity: 126


View Profile
April 13, 2013, 04:56:10 AM
 #3

Some people say mtgox adding alt coins will devalue Bitcoin but I don't think it will. Hopefully litecoin and the other alts all increase in value.  Grin
kjlimo
Legendary
*
Offline Offline

Activity: 1666


View Profile WWW
April 13, 2013, 05:32:44 AM
 #4

Some people say mtgox adding alt coins will devalue Bitcoin but I don't think it will. Hopefully litecoin and the other alts all increase in value.  Grin

Haha, sounds like someone's made their bets! 

Here's where I trade:

https://vircurex.com/welcome/index?referral_id=801-154

Referral appreciated!  Also, I'm starting a newsletter later this month to share how I made a $100 trade back in September which is now worth more than $15,000!  PM me if interested and I'll add your e-mail to my distribution list.

All that an more of what I'm doing in my newsletter!  I've made more trading alt coins than I have mining coins.  That's for sure.

CampBX for buying BTCs, Coinbase for selling BTCs or Vircurex for trading alternate cryptocurrencies like DOGEs

PM me with any questions on these sites!  Happy to help!

Bitcoin Poker at Seals                  Strike Sapphire Casino  Free games every hour & day!
  Get Free Bitcoins here.

Spondoolies-Tech or KnC Miner for the fastest mining hardware available!

Bitpay to help your business accept bitcoin payments!
btchaver
Full Member
***
Offline Offline

Activity: 168


View Profile
April 13, 2013, 06:31:58 AM
 #5

If other coins are dependant on btc to gain their value and if people pull out of btc to invest in them then wont the loss in the btc price affect the price of those coins dependant on the price or function of btc.
MaGNeT
Legendary
*
Offline Offline

Activity: 1204


Waves | 3PHMaGNeTJfqFfD4xuctgKdoxLX188QM8na


View Profile WWW
April 13, 2013, 08:13:22 AM
 #6

It's all about not believing something good is going to happen to you when you buy them, it's not about trust in LTC, it's about trust in yourself and your judgement.

I heared the same doubts in 2010/2011, in the time someone bought a pizza for 10,000 BTC. Yes... A one million Dollar pizza...

Captain Hindsight will visit you if you don't have some LTC stacked up now.

Unofficial Waves topic: https://bitcointalk.org/index.php?topic=2142722   |   My Waves address alias = magnet
manface
Full Member
***
Offline Offline

Activity: 126


View Profile
April 13, 2013, 08:44:51 AM
 #7

It's all about not believing something good is going to happen to you when you buy them, it's not about trust in LTC, it's about trust in yourself and your judgement.

I heared the same doubts in 2010/2011, in the time someone bought a pizza for 10,000 BTC. Yes... A one million Dollar pizza...

Captain Hindsight will visit you if you don't have some LTC stacked up now.

Yeah I've been telling people that you cannot say with any certainty what digital commodity is going to be worth. Having some of each isn't going to set many of us back that much but could end up being a retirement fund.
samson
Legendary
*
Offline Offline

Activity: 1218


View Profile
April 13, 2013, 01:28:31 PM
 #8

The price for Litecoin has already been ruthlessly been pumped and dumped $0.07 (yes 7 cents) to $6+ and back down over the last few weeks by the trolls over at BTCe.

I'd say it's worth closer to zero than $7 at the moment.
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!