hi poloniex
first i like your exchange, you do a nice work but
you remove the ltc trading pair and replace it with xmr !!
you cant be serious !
i know some people say ltc is dead bla bla bla,i hear that a lot of time,when quark rise ,when doge rise, when black coin rise etc etc.but the fact is ltc is always the second crypto far far away from other alt.
you are free to add any market trading pair but
i think you make a mistake in the long run if you remove the ltc market.
i precise i hold some ltc, but iam not stick with ltc
i buy and sell a lot of different crypto.
i try to be objective.
i wish you the best.
first i like your exchange, you do a nice work but
you remove the ltc trading pair and replace it with xmr !!
you cant be serious !
i know some people say ltc is dead bla bla bla,i hear that a lot of time,when quark rise ,when doge rise, when black coin rise etc etc.but the fact is ltc is always the second crypto far far away from other alt.
you are free to add any market trading pair but
i think you make a mistake in the long run if you remove the ltc market.
i precise i hold some ltc, but iam not stick with ltc
i buy and sell a lot of different crypto.
i try to be objective.
i wish you the best.
Emphasis mine, to highlight the only valid argument you make.
Thing is, ltc was not the second crypto on poloniex. Not *at all*, period. If you run a business you must move with the market, not rely on data that are either from other exchanges or from the past. Poloniex is making money with volume that is traded on poloniex, and ltc was just dead there.
Actually the volume of the LTC market was much higher than with the XMR market currently. By keeping the LTC market open, at least temporarily, it would have allowed for more arb opportunities and would have helped people adjust to the changes in rates. Several coins in the XMR market inexplicably have either dropped 300% or gained 300% in BTC value.
Also, I think the previous post was referring to the $ 234,671,335 marketcap for LTC making it far and away the 2nd cryptocurrency in the world, not that it was the second largest money maker on Poloniex.
But the bottom line is that it sure looks like there is less overall revenue for Poloniex with the axing of the LTC market. I for one would love to see both markets on the exchange but I do applaud Poloniex for taking advancing steps as an exchange and it remains my favorite place to trade nonetheless.
