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Author Topic: LTC Two months of trading volume summed up on BTC-e  (Read 1885 times)
Cosbycoin
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March 29, 2012, 07:57:38 PM
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1-29-12 to 3-29-12 on BTC-e exchange

TOTAL BTC - 10,086.29 BTC
TOTAL LTC - 5,478,480 LTC

Approximate USD value traded each month - $23,562.23
Approximate USD value traded each year - $282,746.81

Note: I know LTC  has not made a year yet but just as a thought of what the possibilities are if this is just a starting point.

Edit: Here is where i got the data: http://marketscry.info/?s=ltcbtc&t=0
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matthewh3
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March 29, 2012, 08:18:53 PM
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What $23,000 of LTC are traded each month?

Cosbycoin
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March 29, 2012, 08:42:34 PM
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What $23,000 of LTC are traded each month?

Yes with using $4.75 per bitcoin. That number might be bigger given that we were in the $6 and $7 range early in Feb and late in Jan.

But you get the idea. So actually my numbers are an underestimate of the actual USD value traded in the past 2 months.
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March 29, 2012, 09:13:26 PM
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Did you include the LTC/USD pair in that?

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Cosbycoin
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March 29, 2012, 09:16:38 PM
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Did you include the LTC/USD pair in that?

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No. So even more so my estimated USD value traded is underestimated. This is just LTC/BTC on BTC-E.com
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March 29, 2012, 09:37:46 PM
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LTC/USD

TOTAL TRADED LTC - 854,081.4

TOTAL TRADED USD - $9,082.28


So that brings LTC monthly trading at least to about $32,000. And that is underestimating.
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March 29, 2012, 10:33:55 PM
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Check out this LTC users group - http://www.coinconnect.org/groups/profile/28912/litecoin-users-group

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