MTGox FINALLY announces LTC!! | Bitcointalksearch.org

Scott J

legendary

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Quote from: crazy_rabbit on April 25, 2013, 05:52:22 AM

Quote from: sumantso on April 25, 2013, 05:28:27 AM

Any time frame? weeks? months?

BTC is Gox's cash cow - this move may well damage that; lets see.

Doesn't matter. When it comes it will be a godsend. Think of how many people will look at LTC at being $4 and think "this is like bitcoin years ago!". That will change everything. Imagine what LTC you buy now going up to $10, or $15. Thats an easy call, people will diversify in to LTC just for the sake of diversifying and riding the small fluctuation that Gox trading will bring it. It will also finally give us a way to arbitrage between exchanges without needing to get stuck with FIAT. It will allow us to hide our cryptocoins- trade from one to another and it will be impossible to track you through the blockchain. You coins will go into the exchange from one address and come out totally fresh and clean. We need a second cryptocurrency if only for the sake of privacy.

THIS

I don't think a lot of people have worked out the implications.

J23450N

newbie

Activity: 13

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They clearly already have the infrastructure, and they'll release asap given that it's more money in their pockets. I gather the new engine is a separate thing, and wouldn't really have any bearing on adding LTC. If they were comfortable enough to release that PDF, things are probably relatively under control. If there's no drama, I'd guess LTC within two weeks.

crazy_rabbit

legendary

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RUM AND CARROTS: A PIRATE LIFE FOR ME

Quote from: digitalindustry on April 28, 2013, 08:29:24 AM

NVC is the next to list in my opinion.

uh huh.

digitalindustry

hero member

Activity: 798

Merit: 1000

‘Try to be nice’

And so it begins , this is the true evolution of a, very close to true free market, I wouldn't be betting on BTC to win this race. NVC is the next to list in my opinion.

slowly , but surely , then there will be a Crypt section on your daily news financial section , then expect Crypt economy to follow.

intro (music)

- - Burning Building Story / Politics no one cares about.

Ad Break

- -Stocks equity

- - FX

- - Commodities

- - Cyrpt

Ad Break

- - Cute animal story. / Sport.

some nations will be slower (obviously) than others.

MusX

full member

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I don't think they will postpone everything because of new engine. New engine is other task. LTC implementation is other task. If they announce 2 weeks, they must have all the infrastructure ready and just testing it.

yeah, but what about namecoin NMC, it's strange they didn't mention anything in pdf.

FullLife

hero member

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What are the chances they'll add LTC before the trading engine upgrade? Doesn't seem like it makes much sense to do so.

romerun

legendary

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Bitcoin is new, makes sense to hodl.

businesses start accepting LTC, that's why I think LTC is solid enough to survive.

Tobius

member

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I honestly feel that the price of Litecoin is going to fall, if for no other reason than the fact that there is absolutely no estimation on time other than "Soon". With the issues that Mt Gox has been having, they probably won't be getting this up and running for a least a month, if not more... Undecided

It seems a bit soon for such a hike in price.

Hopefully, this isn't a BFL "soon" Grin

kendle

member

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Funny they didn't mention the NameCoin along with LTC. I guess that PDF will be released in coming weeks...

StephenJH

hero member

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No more Rekt and Bust

The power of a pdf.

relm9

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Quote from: weisoq on April 25, 2013, 10:51:11 AM

Quote from: 00400 on April 25, 2013, 10:42:30 AM

Quote from: Jack1Rip1BurnIt on April 25, 2013, 10:27:28 AM

Quote from: SmokeyJR on April 25, 2013, 03:48:19 AM

Quote from: CryptoCurrencyMiners on April 24, 2013, 10:10:08 PM

https://mtgox.com/pdf/20130424_ddos_statement_and_faq.pdf?1

Well shoot, I just sold all my LTC Sad

That sucks. Go ahead and buy some more. You will at least double your money soon.

Does anyones sells LTC now? Grin

I sold all mine earlier today for btc and dvc. Don't know why it rallied, that news was already known and (should have been) in the price. Think it will gradually fall back to around 22 unless gox implements it soon. If it doesn't then I'm obviously wrong.

It was already known but a lot of people took it as rumor for some reason (silly since even MagicalTux himself confirmed it on IRC).

weisoq

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Quote from: 00400 on April 25, 2013, 10:42:30 AM

Quote from: Jack1Rip1BurnIt on April 25, 2013, 10:27:28 AM

Quote from: SmokeyJR on April 25, 2013, 03:48:19 AM

Quote from: CryptoCurrencyMiners on April 24, 2013, 10:10:08 PM

https://mtgox.com/pdf/20130424_ddos_statement_and_faq.pdf?1

Well shoot, I just sold all my LTC Sad

That sucks. Go ahead and buy some more. You will at least double your money soon.

Does anyones sells LTC now? Grin

I sold all mine earlier today for btc and dvc. Don't know why it rallied, that news was already known and (should have been) in the price. Think it will gradually fall back to around 22 unless gox implements it soon. If it doesn't then I'm obviously wrong.

thep33t

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Activity: 126

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Quote from: Tomatocage on April 25, 2013, 10:02:08 AM

Quote from: Vitalicus on April 25, 2013, 09:40:47 AM

GREAT !!!
The next on MtGox is PPC !

No it's not.

Agree, nothing else is close to MtGox IMHO.

00400

member

Activity: 70

Merit: 10

Quote from: Jack1Rip1BurnIt on April 25, 2013, 10:27:28 AM

Quote from: SmokeyJR on April 25, 2013, 03:48:19 AM

Quote from: CryptoCurrencyMiners on April 24, 2013, 10:10:08 PM

https://mtgox.com/pdf/20130424_ddos_statement_and_faq.pdf?1

Well shoot, I just sold all my LTC Sad

That sucks. Go ahead and buy some more. You will at least double your money soon.

Does anyones sells LTC now? Grin

Jack1Rip1BurnIt

sr. member

Activity: 350

Merit: 250

Trust me, these default swaps will limit the risks

Quote from: SmokeyJR on April 25, 2013, 03:48:19 AM

Quote from: CryptoCurrencyMiners on April 24, 2013, 10:10:08 PM

https://mtgox.com/pdf/20130424_ddos_statement_and_faq.pdf?1

Well shoot, I just sold all my LTC Sad

That sucks. Go ahead and buy some more. You will at least double your money soon.

Endgame

sr. member

Activity: 412

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It's good to see something official from Mt.Gox about this. Hopefully they can get their other upgrades done without too much delay.

Tomatocage

legendary

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brb keeping up with the Kardashians

Quote from: Vitalicus on April 25, 2013, 09:40:47 AM

GREAT !!!
The next on MtGox is PPC !

No it's not.

hdclover

hero member

Activity: 1106

Merit: 501

www.bitcoin.org

GOX LTC is pending till next year , as they said they will launch a new trading system on june. with all the trial and error on the new trading platform, we are expecting to get LTC on the road as 1st quarter of 2014. so cheers

Vitalicus

full member

Activity: 467

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DIA | Data infrastructure for DeFi

GREAT !!!
The next on MtGox is PPC !

CryptoCurrencyMiners

member

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Merit: 10

Quote from: CoinHoarder on April 25, 2013, 09:20:24 AM

Ah, there's nothing more refreshing than waking up and seeing your LTCs worth almost double than when you went to sleep.

Suck it FC! Wink

They should add a "like" function to these forums.

Topic: MTGox FINALLY announces LTC!! (Read 6087 times)