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Author Topic: MTGox FINALLY announces LTC!!  (Read 6087 times)
hdclover
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April 25, 2013, 01:54:41 PM
 #41

GOX LTC is pending till next year , as they said they will launch a new trading system on june. with all the trial and error on the new trading platform, we are expecting to get LTC on the road as 1st quarter of 2014. so cheers Smiley


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April 25, 2013, 02:02:08 PM
 #42

GREAT !!!
The next on MtGox is PPC !

No it's not.

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April 25, 2013, 02:08:16 PM
 #43

It's good to see something official from Mt.Gox about this. Hopefully they can get their other upgrades done without too much delay.
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April 25, 2013, 02:27:28 PM
 #44


That sucks. Go ahead and buy some more. You will at least double your money soon. Smiley

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April 25, 2013, 02:42:30 PM
 #45


That sucks. Go ahead and buy some more. You will at least double your money soon. Smiley
Does anyones sells LTC now? Grin

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April 25, 2013, 02:43:00 PM
 #46

GREAT !!!
The next on MtGox is PPC !

No it's not.

Agree, nothing else is close to MtGox IMHO.

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April 25, 2013, 02:51:11 PM
 #47

I sold all mine earlier today for btc and dvc. Don't know why it rallied, that news was already known and (should have been) in the price. Think it will gradually fall back to around 22 unless gox implements it soon. If it doesn't then I'm obviously wrong.
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April 25, 2013, 03:02:14 PM
 #48

I sold all mine earlier today for btc and dvc. Don't know why it rallied, that news was already known and (should have been) in the price. Think it will gradually fall back to around 22 unless gox implements it soon. If it doesn't then I'm obviously wrong.

It was already known  but a lot of people took it as rumor for some reason (silly since even MagicalTux himself confirmed it on IRC).
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April 25, 2013, 03:10:42 PM
 #49

The power of a pdf.

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April 25, 2013, 03:17:40 PM
 #50

Funny they didn't mention the NameCoin along with LTC.  I guess that PDF will be released in coming weeks...
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April 25, 2013, 03:17:50 PM
 #51

I honestly feel that the price of Litecoin is going to fall, if for no other reason than the fact that there is absolutely no estimation on time other than "Soon". With the issues that Mt Gox has been having, they probably won't be getting this up and running for a least a month, if not more...  Undecided It seems a bit soon for such a hike in price.

Hopefully, this isn't a BFL "soon"  Grin
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April 25, 2013, 03:19:38 PM
 #52

businesses start accepting LTC, that's why I think LTC is solid enough to survive.
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April 25, 2013, 05:56:38 PM
 #53

What are the chances they'll add LTC before the trading engine upgrade?  Doesn't seem like it makes much sense to do so.
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April 28, 2013, 09:46:29 AM
 #54

I don't think they will postpone everything because of new engine. New engine is other task. LTC implementation is other task. If they announce 2 weeks, they must have all the infrastructure ready and just testing it.

yeah, but what about namecoin NMC, it's strange they didn't mention anything in pdf.

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April 28, 2013, 12:29:24 PM
 #55

And so it begins , this is the true evolution of a, very close to true free market, I wouldn't be betting on BTC to win this race.  NVC is the next to list in my opinion.

slowly , but surely , then there will be a Crypt section on your daily news financial section , then expect Crypt economy to follow.



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April 28, 2013, 12:45:35 PM
 #56

NVC is the next to list in my opinion.

uh huh.

more or less retired.
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April 28, 2013, 07:07:14 PM
 #57

They clearly already have the infrastructure, and they'll release asap given that it's more money in their pockets. I gather the new engine is a separate thing, and wouldn't really have any bearing on adding LTC. If they were comfortable enough to release that PDF, things are probably relatively under control. If there's no drama, I'd guess LTC within two weeks.
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April 28, 2013, 07:17:54 PM
 #58

Any time frame? weeks? months?

BTC is Gox's cash cow - this move may well damage that; lets see.

Doesn't matter. When it comes it will be a godsend. Think of how many people will look at LTC at being $4 and think "this is like bitcoin years ago!". That will change everything. Imagine what LTC you buy now going up to $10, or $15. Thats an easy call, people will diversify in to LTC just for the sake of diversifying and riding the small fluctuation that Gox trading will bring it. It will also finally give us a way to arbitrage between exchanges without needing to get stuck with FIAT. It will allow us to hide our cryptocoins- trade from one to another and it will be impossible to track you through the blockchain. You coins will go into the exchange from one address and come out totally fresh and clean. We need a second cryptocurrency if only for the sake of privacy.

THIS

I don't think a lot of people have worked out the implications.
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