Chinese Exchanges Volume past 24h

[manfred]

(Huobi litecoin only live about 6 hours). Data from 19 March 14 about 12pm GMT

	BTC	LTC
OKCoin	111,518	17,519,495
Huobi	87,234	235,109
ChBTC	33,638	24,463
FxBTC	22,905	240,578
BTCTrade	20,974	126,502
BTC100	9,228	13,287
BTCChina	4,358	212,015
BTC38	745	95,811
bter	527	70,363
	----------	----------
Total 24h	290,600	18,467,260
Price	610	18
$US	177,266,000	332,410,680
.	.	.
US Dollar Exchanges
BTC-e	8,168	130,157
Bitstamp	8,903	0
Bitfinex	4,531	119,811

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[El Dude]

Litecoin is killing bitcoin in volume 

[Skinnkavaj]

Little brother Litecoin. I think bitcoin will make a move higher real soon.

[FeedbackLoop]

What are the fees, both for BTC or LTC, in each of those chinese exchanges?

[koryu]

huobi just started with litecoin, the volume has nearly doubled to 410,000 ltc within the last hour:

https://ltc.huobi.com/ltc/trade.php?a=depth#depth

[sabreezie]

Good volume, especially  on OKcoin exchange !
Why do you think LTC is much more popular??

[manfred]

What are the fees, both for BTC or LTC, in each of those chinese exchanges?

OKCoin, Huobi and BTCChina have no fees. Dont know about the others. With 0% fee you have this massive volume.

[El Dude]

Good volume, especially  on OKcoin exchange !
Why do you think LTC is much more popular??

easier to mine
more coins then bitcoin , better distribution
faster transaction times
less stigma , less bad press
no Mark Karpeles
solid dev team


 

[FeedbackLoop]

Good volume, especially  on OKcoin exchange !
Why do you think LTC is much more popular??

easier to mine
more coins then bitcoin , better distribution
faster transaction times
less stigma , less bad press
no Mark Karpeles
solid dev team

Sorry for having to call out on you but for someone who was just viciously bashing doge bag-holders you could avoid being a bit less biased towards LTC here and not come across as a bag holder yourself... what about the simple fact that LTC just recently started trading on some of those places?

[El Dude]

Good volume, especially  on OKcoin exchange !
Why do you think LTC is much more popular??

easier to mine
more coins then bitcoin , better distribution
faster transaction times
less stigma , less bad press
no Mark Karpeles
solid dev team

Sorry for having to call out on you but for someone who was just viciously bashing doge bag-holders you could avoid being a bit less biased towards LTC here and not come across as a bag holder yourself... what about the simple fact that LTC just recently started trading on some of those places?

how could be a bagholder of LTC if I'm up ? and yes I hate clone scamcoins and dogecoin is just that.

[FeedbackLoop]

how could be a bagholder of LTC if I up ?

How do you know the doge people you were bashing and calling bagholders were not up as well?

and yes I hate clone scamcoins and dogecoin is just that.

I would give them the benefit of the doubt due to the "tipping" and the announced (not sure if true) demurrage-like difference from BTC which could be a genuine attempt at something useful but otherwise I would agree with you on it being just a scamcoin.

Personally I would more quickly call LTC a scamcoin than doge if they both had started at the same time.


It just came across as a little hypocritical to leave the obvious reasoning behind the LTC volume there after bashing another alt-coin.

[8lovely]

Litecoin is killing bitcoin in volume 

Litecoin sucks. Something in between no one really needs.

[El Dude]

Litecoin is killing bitcoin in volume 

Litecoin sucks. Something in between no one really needs.

yes and that's why the market agrees with you.

[Ibian]

Litecoin is killing bitcoin in volume 

Litecoin sucks. Something in between no one really needs.

yes and that's why the market agrees with you.

Well, prove it if you can then. What makes litecoin valuable? Don't mention transaction speed, that would be the final straw to put you on ignore.

[Ibian]

Litecoin is killing bitcoin in volume  

Litecoin sucks. Something in between no one really needs.

yes and that's why the market agrees with you.

Well, prove it if you can then. What makes litecoin valuable? Don't mention transaction speed, that would be the final straw to put you on ignore.

I believe he already made a list about that, you can read it above.

Mining difficulty is not important, what matters is the rate of inflation.

The number of coins is not important. Not even a little bit. This speaks to ignorance of how supply and demand works. Distribution only matters to communists, hippies, people who are paranoid about dumpers and people who do not understand how the market works. Also worth noting, dumping is a temporary thing until we start using bitcoin as a currency instead of merely a means of transferring fiat. Rumor has it that Overstock keeps at least part of their bitcoin income instead of dumping it, so this is already beginning to happen.

As mentioned above, the transaction speed argument is so dumb as to be ignore worthy (although with warning first, as in the other guys case). One bitcoin confirmation is worth more than six litecoin confirmations. They exist as a secuity measure (or rather, the way we use them do), and the security is measured by the network strength.

Less press period, good or bad.

If a fat guy on a bouncy ball is enough to destroy bitcoin then crypto as a whole has no future. There will always be another Karp.

Never seen any comparison on dev teams, someone will have to post a side by side.

[El Dude]

Litecoin is killing bitcoin in volume  

Litecoin sucks. Something in between no one really needs.

yes and that's why the market agrees with you.

Well, prove it if you can then. What makes litecoin valuable? Don't mention transaction speed, that would be the final straw to put you on ignore.

I believe he already made a list about that, you can read it above.

Mining difficulty is not important, what matters is the rate of inflation.

The number of coins is not important. Not even a little bit. This speaks to ignorance of how supply and demand works. Distribution only matters to communists, hippies, people who are paranoid about dumpers and people who do not understand how the market works. Also worth noting, dumping is a temporary thing until we start using bitcoin as a currency instead of merely a means of transferring fiat. Rumor has it that Overstock keeps at least part of their bitcoin income instead of dumping it, so this is already beginning to happen.

As mentioned above, the transaction speed argument is so dumb as to be ignore worthy (although with warning first, as in the other guys case). One bitcoin confirmation is worth more than six litecoin confirmations. They exist as a secuity measure (or rather, the way we use them do), and the security is measured by the network strength.

Less press period, good or bad.

If a fat guy on a bouncy ball is enough to destroy bitcoin then crypto as a whole has no future. There will always be another Karp.

Never seen any comparison on dev teams, someone will have to post a side by side.

[Ibian]

Aand ignore, congratulations.

[El Dude]

Aand ignore, congratulations.

Lol like I care.

[manfred]

Litecoin is killing bitcoin in volume  

Litecoin sucks. Something in between no one really needs.

yes and that's why the market agrees with you.

Well, prove it if you can then. What makes litecoin valuable? Don't mention transaction speed, that would be the final straw to put you on ignore.

I believe he already made a list about that, you can read it above.

Mining difficulty is not important, what matters is the rate of inflation.

The number of coins is not important. Not even a little bit. This speaks to ignorance of how supply and demand works. Distribution only matters to communists, hippies, people who are paranoid about dumpers and people who do not understand how the market works. Also worth noting, dumping is a temporary thing until we start using bitcoin as a currency instead of merely a means of transferring fiat. Rumor has it that Overstock keeps at least part of their bitcoin income instead of dumping it, so this is already beginning to happen.

As mentioned above, the transaction speed argument is so dumb as to be ignore worthy (although with warning first, as in the other guys case). One bitcoin confirmation is worth more than six litecoin confirmations. They exist as a secuity measure (or rather, the way we use them do), and the security is measured by the network strength.

Less press period, good or bad.

If a fat guy on a bouncy ball is enough to destroy bitcoin then crypto as a whole has no future. There will always be another Karp.

Never seen any comparison on dev teams, someone will have to post a side by side.

A lot of exchanges are not included in this graph so its wrong by a fair margin.

Never seen any comparison on dev teams, someone will have to post a side by side.

The dev's at times work side by side.

I have several cryptos as each has its one character. Bitcoin is the original and in a sense the rebellious, all changing coin. In a sense Litecoin is more like the clean business type of coin  as it very little exposer to SR or other scams like BitPirate, Gox......
Litecoin has value because it utilises other hardware to mine it, its a completely separate industries built around it. Bitcoin ASIC's are totally useless for Litecoin and the same is true for the other way round. In the not so distant future GPU mining is done with and the market is dominated by purpose build machines, like this: http://www.youtube.com/watch?v=VDK90WWh8Ck or like this: http://www.coindesk.com/inside-north-americas-8m-bitcoin-mining-operation/ So far Litecoin's Scrypt implementation has been copied hundreds of times. Cryptos are still in the early stages and there is every chance an other algo coin will eventually grow to another market. I dont really like any of the current choices available (Quark, Max, Vert, Darkcoin......).