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Topic: LTC coming to Gox? - page 2. (Read 4399 times)

legendary
Activity: 1246
Merit: 1000
September 04, 2013, 03:31:04 PM
#23
Just like with BTC people will have to pay a premium on Gox in order to convert their fiat to LTC and move it out. So I expect the anticipation of LTC coming to Gox and the speculation around it to have more of an effect to the price than when it actually gets there. So I would buy now and dump them right before they go live on Gox, or when there's no more news about LTC coming to Gox within 2-3 weeks from now. These pump and dump schemes can't last too long without positive news from Gox to reinvigorate the interest.
hero member
Activity: 504
Merit: 500
September 04, 2013, 03:01:59 PM
#22
Why would anyone sell his ltcs on Gox anyway provided that no money can leave Gox now
Its introduction on Gox is just another means of quicker withdrawal.

This is exactly why one should stock up on litecoins right now. People won't sell litecoins on gox, they will buy them in order to move their cash out. Thus moving the price up by orders of magnitude.
full member
Activity: 238
Merit: 100
September 04, 2013, 02:58:01 PM
#21
Why would anyone sell his ltcs on Gox anyway provided that no money can leave Gox now
Its introduction on Gox is just another means of quicker withdrawal.
hero member
Activity: 504
Merit: 500
September 04, 2013, 02:55:01 PM
#20
When do you think will LTC hit the Gox?
Never. as in never ever.

Probably soon-ish. Gox has been working on it long enough. There's a rumor of a september 10th announcement going on.
sr. member
Activity: 322
Merit: 250
September 04, 2013, 02:44:25 PM
#19
When do you think will LTC hit the Gox?
Never. as in never ever.
full member
Activity: 154
Merit: 100
September 04, 2013, 02:41:50 PM
#18
When do you think will LTC hit the Gox?
legendary
Activity: 1610
Merit: 1004
September 04, 2013, 02:10:34 PM
#17
whether or not Litecoin goes to Gox, its only 2 years old.  Bitcoin price when it was 2 years old = ~30 cents.  Litecoin is here to stay!
legendary
Activity: 3108
Merit: 1531
yes
September 04, 2013, 02:00:04 PM
#16
I fathom a scenario whereby LTC will skyrocket on Gox, BTC suffers as a result thereof after which LTC will crash and burn, never to fully recover to the peak for a long time. Btc will recover quickly.

The only assignment is to play it well.

1. Have cash at Gox.
2. Keep your LTC ready.
3. Throw it all in LTC when it hits Gox.
4. Get out in time and go into BTC.

Multipliers awaiting us  Cool
vip
Activity: 756
Merit: 503
September 04, 2013, 01:07:57 PM
#15
Don't buy litecoins. Leave them to me.

Thanks.
hero member
Activity: 686
Merit: 500
Ultranode
September 04, 2013, 12:54:55 PM
#14
Actually, I'm not at all convinced LTC will rocket even after a crash. The only thing driving BTC price up on Gox is the inability to cash out, unless you take your btc to another exchange (and eat huge loss in doing so). How many places can you cash out LTC for USD? Almost none, other than sketchy, small or new exchanges. Certainly none that are FINCEN compliant.

Yea, little reason to buy ltc.

do you support any alt coins? i personally question if i should

PPCoin and Primecoin are awesome (long term). Ltc and pretty much all scrypt coins are poorly conceived. Only purpose they serve is pump then dump. They'll be gone in a couple years.
sr. member
Activity: 516
Merit: 283
September 04, 2013, 12:53:31 PM
#13
Actually, I'm not at all convinced LTC will rocket even after a crash. The only thing driving BTC price up on Gox is the inability to cash out, unless you take your btc to another exchange (and eat huge loss in doing so). How many places can you cash out LTC for USD? Almost none, other than sketchy, small or new exchanges. Certainly none that are FINCEN compliant.

Yea, little reason to buy ltc.

do you support any alt coins? i personally question if i should
hero member
Activity: 686
Merit: 500
Ultranode
September 04, 2013, 12:51:57 PM
#12
Actually, I'm not at all convinced LTC will rocket even after a crash. The only thing driving BTC price up on Gox is the inability to cash out, unless you take your btc to another exchange (and eat huge loss in doing so). How many places can you cash out LTC for USD? Almost none, other than sketchy, small or new exchanges. Certainly none that are FINCEN compliant.

Yea, little reason to buy ltc.
hero member
Activity: 504
Merit: 500
September 04, 2013, 12:48:20 PM
#11
The price will probably be pumped heavily in anticipation of the launch on Gox. After the launch on Gox, the post-crash price won't be as low as the one it's going for right now, trust me. That's why litecoins are a great buy right now.


It already happened. LTC price reached 0.04 btc / ltc. Mt.gox is saying that they will accept LTC for months Smiley

That was before all the USD problems started.

On a side note, coinmkt.com opening this friday will allow for LTC trading and USD withdrawals. Might be something to look out for.
FNG
hero member
Activity: 588
Merit: 500
September 04, 2013, 12:43:19 PM
#10
I find it humorous that the guy who CREATED Litecoin now works for a bitcoin company... Roll Eyes
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
September 04, 2013, 12:43:08 PM
#9
The price will probably be pumped heavily in anticipation of the launch on Gox. After the launch on Gox, the post-crash price won't be as low as the one it's going for right now, trust me. That's why litecoins are a great buy right now.


It already happened. LTC price reached 0.04 btc / ltc. Mt.gox is saying that they will accept LTC for months Smiley

Since 1.April 2013 exactly.
sr. member
Activity: 350
Merit: 250
September 04, 2013, 12:38:53 PM
#8
The price will probably be pumped heavily in anticipation of the launch on Gox. After the launch on Gox, the post-crash price won't be as low as the one it's going for right now, trust me. That's why litecoins are a great buy right now.


It already happened. LTC price reached 0.04 btc / ltc. Mt.gox is saying that they will accept LTC for months Smiley
hero member
Activity: 504
Merit: 500
September 04, 2013, 12:37:37 PM
#7
No reason not to stock up on litecoins in order to play that and get a nice profit.

THERE IS A REASON if the first thing ltc does is crash once it hits gox. Buy after that.

The price will probably be pumped heavily in anticipation of the launch on Gox. After the launch on Gox, the post-crash price won't be as low as the one it's going for right now, trust me. That's why litecoins are a great buy right now.
hero member
Activity: 686
Merit: 500
Ultranode
September 04, 2013, 12:35:42 PM
#6
No reason not to stock up on litecoins in order to play that and get a nice profit.

THERE IS A REASON if the first thing ltc does is crash once it hits gox. Buy after that.
hero member
Activity: 504
Merit: 500
September 04, 2013, 12:32:34 PM
#5
No reason not to stock up on litecoins in order to play that and get a nice profit.
hero member
Activity: 686
Merit: 500
Ultranode
September 04, 2013, 12:29:05 PM
#4
https://twitter.com/MagicalTux/status/375195589048147968

This is pretty bullish news for LTC on gox. That post just means they're checking items off their list, eventually leading up to the implementation of LTC. Beats me why they wouldn't want to implement it either, it would reap them huge profits.

Time to stock up on ltc boys.

It makes no sense to implement LTC prior to the new trading engine. Don't count on it.

It's coming either way, whether it's this month or 2 months from now. Right now is a good price to buy in.

Disagree. Price is where it is due to supporting of pumps by BTCe. It is over inflated and tons of noobs are waiting to cash out once it hits Gox.

Basic trading rule: if everyone buys hoping same thing will happen, it wont. In this case, for months traders been buying in anticipation of Gox IPO. Too many holding too many coins. I bet we see a typical "IPO" crash once it hits Gox, followed by a nice rocket of course.
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