BTC-E Trade Volume | Bitcointalksearch.org

Chronikka

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Quote from: BigBoy89 on April 05, 2014, 12:47:53 AM

Quote from: goin2mars on April 04, 2014, 11:55:36 PM

What scares me about litecoin is that there's 27.2 million coins and 24.26% of them sit in two wallets, active at the last couple of days last year. Anything else means much less to me than that.

can you give that address? i'm very curious
if 25% in just 2 address, LTC is easy to manipulate in trading market

Its actually ~22% in 2 addresses. They both contain 3 Million Litecoin:

http://bitinfocharts.com/litecoin/address/Lb6wDP2kHGyWC7vrZuZAgV7V4ECyDdH7a6
http://bitinfocharts.com/litecoin/address/LgY8ahfHRhvjVQC1zJnBhFMG5pCTMuKRqh

http://bitinfocharts.com/top-100-richest-litecoin-addresses.html

They are obviously owned by the same person. Its commonly believed to be the cold storage addresses for the very same BTC-E, but I'm not so sure of this.

Petr1fied

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That list is outdated, the Chinese exchanges OKCoin and Huobi have greater volume (in particular OKCoin) and these are the markets being watched by btc-e traders for indications on when to buy/sell.

BigBoy89

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Quote from: goin2mars on April 04, 2014, 11:55:36 PM

What scares me about litecoin is that there's 27.2 million coins and 24.26% of them sit in two wallets, active at the last couple of days last year. Anything else means much less to me than that.

can you give that address? i'm very curious
if 25% in just 2 address, LTC is easy to manipulate in trading market

Warning__3

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As long as they are profitable and don't do anything fishy..
Otherwise i have no problems with them

goin2mars

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Quote from: Chronikka on April 05, 2014, 12:00:05 AM

Quote from: goin2mars on April 04, 2014, 11:55:36 PM

What scares me about litecoin is that there's 27.2 million coins and 24.26% of them sit in two wallets, active at the last couple of days last year. Anything else means much less to me than that.

The largest Bitcoin wallet in existence is held by the US Federal Government. And that's from just one seized account. They have more BTC than that. I'm not sure what scares me more.

http://bitinfocharts.com/bitcoin/address/1FfmbHfnpaZjKFvyi1okTjJJusN455paPH
http://bitinfocharts.com/top-100-richest-bitcoin-addresses.html

Lucky I don't own more than a couple satoshi then!

Also . . the top two addresses are still only 2% of the supply according to your info. The value doesn't scare me as much as the actual amount in circulation that is in them.

Chronikka

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Activity: 658

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Quote from: goin2mars on April 04, 2014, 11:55:36 PM

What scares me about litecoin is that there's 27.2 million coins and 24.26% of them sit in two wallets, active at the last couple of days last year. Anything else means much less to me than that.

The largest Bitcoin wallet in existence is held by the US Federal Government. And that's from just one seized account. They have more BTC than that. I'm not sure what scares me more.

http://bitinfocharts.com/bitcoin/address/1FfmbHfnpaZjKFvyi1okTjJJusN455paPH
http://bitinfocharts.com/top-100-richest-bitcoin-addresses.html

goin2mars

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What scares me about litecoin is that there's 27.2 million coins and 24.26% of them sit in two wallets, active at the last couple of days last year. Anything else means much less to me than that.

Chronikka

hero member

Activity: 658

Merit: 504

Does it bother anybody that BTC-E commands so much of the Litecoin trade volume?

Source: https://coinmarketcap.com/volume.html#ltc

I have done a lot of trading there with no problems, so I'm in no way trying to attack BTC-E. I'm just wondering what people think about the lopsided trading volume %. Do people really like the Troll box that much?

Topic: BTC-E Trade Volume (Read 570 times)