btce has already announced they're going to have litecoin trading by this weekend.
Is this accurate? Close thread? Somebody voted with their wallet lol
Topic: Should there be a Litecoin exchange? - page 2. (Read 3473 times)
Is this accurate? Close thread? Somebody voted with their wallet lol
Actually, thanks to a little help from a benefactor who would rather remain anonymous, BTC-E will open both a Fairbrix/BTC and an LTC/BTC exchange
Sadly, they have so far declined to consider direct speculation between LTC, FBX, and TBX
LTC/TBX and LTC/FBX would have been some serious fun
Sadly, they have so far declined to consider direct speculation between LTC, FBX, and TBX
LTC/TBX and LTC/FBX would have been some serious fun 
One worry is, when an exchange is open, early miners with hoards of the coins will rush to cash in and depreciate the price of the coins. When prospective miners look at the low value, they may well be deterred from mining it. I think it will be beneficial to organize a small fund to buy in such selling so as to keep the price of the coins stable and not discourage future miners.
Let Market Speak.
One worry is, when an exchange is open, early miners with hoards of the coins will rush to cash in and depreciate the price of the coins. When prospective miners look at the low value, they may well be deterred from mining it. I think it will be beneficial to organize a small fund to buy in such selling so as to keep the price of the coins stable and not discourage future miners.
Not going to matter, btce has already announced they're going to have litecoin trading by this weekend. One competitive advantage vs pumpy dumpy scamcoins chains down, but plenty more still remain.
Prefer, it helps keep the interest of those mining for profits. The more miners, the more awareness for the coin, the more awareness, the more usage and so on.
If I can convince an exchange to open or not open, which do you prefer?
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