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Topic: They are rumors on the litecoin forum that Mt Gox will not launch LTC trading (Read 1842 times)

legendary
Activity: 1133
Merit: 1050
Gox will likely drag their feet on this as with most things but it will happen.

In the meantime Kraken is planning on adding LTC and NMC after first launch.  We've been beta testing it and it's an impressive trading platform. 
vip
Activity: 840
Merit: 1000
In my other thread where I posted Gox's direct answer to me via Twitter, they said that YES they will be adopting other crypto-currencies, however they don't have a timetable at the moment. So, judge for yourself how long that might be.

I suppose monday we will find out if the lawsuit will be affecting their schedule at all.

The schedule is unknown, I don't see how the lawsuit will matter. However I have little faith Gox can really add to their exchange. They have more problems than they know what to do with now.

If LTC does not get added its cuz Gox is too incompetent. They know its a good idea.
hero member
Activity: 697
Merit: 501
That might be a way to tank the coins value a bit and then horde a lot at a low price. I feel the BTC is the same way with the "lawsuit".
So your hypothesis is Coinlab is suing Mt.Gox for 75 million dollars, crossing their fingers the price will drop, and then the people "in on it" will buy btc at the lower price? 

Hasn't worked out too well in the past 24 hours I'd say.  People don't seem to be taking Coinlab's side either, nor are they happy to see this news in the first place.  I'm not so sure the a company that stands to potentially make some huge profits just as things are would want to risk their reputation just for a one time btc purchase.

Just my take in it.

legendary
Activity: 1204
Merit: 1002
RUM AND CARROTS: A PIRATE LIFE FOR ME
In my other thread where I posted Gox's direct answer to me via Twitter, they said that YES they will be adopting other crypto-currencies, however they don't have a timetable at the moment. So, judge for yourself how long that might be.

I suppose monday we will find out if the lawsuit will be affecting their schedule at all.
sr. member
Activity: 322
Merit: 250
Users on BTC-E seems to be convinced that Mt Gox has enough problems now so LTC will not be added.

dani: is it true that Mt Gox will not add LTC trade ?

w8emz: debating whether or not I should buy BTC now, or wait a bit in hopes itll come back down some... hmm. Any ideas?

bushstar: I do wonder if BFL will ever manage to produce a 1.5TH minirig

Chade: yes

kauhywka: dani, yes


Um, who cares what they spout?  You are only trying to spread FUD by citing a troll box.

You can read the litecoin announcement from Gox here:
https://mtgox.com/pdf/20130424_ddos_statement_and_faq.pdf

Edit:  Just took a look at your join date.  lol...
hero member
Activity: 504
Merit: 500
Users on BTC-E seems to be convinced that Mt Gox has enough problems now so LTC will not be added.

dani: is it true that Mt Gox will not add LTC trade ?

w8emz: debating whether or not I should buy BTC now, or wait a bit in hopes itll come back down some... hmm. Any ideas?

bushstar: I do wonder if BFL will ever manage to produce a 1.5TH minirig

Chade: yes

kauhywka: dani, yes
vip
Activity: 840
Merit: 1000
They will i'm sure, but they can't add MORE lag to there system when it can't handle the current load / ddos.

Just be patient.

It doesn't have to add lag, they can run it on other servers or even in another data centre.

you have way too much faith in Gox
legendary
Activity: 1526
Merit: 1002
Waves | 3PHMaGNeTJfqFfD4xuctgKdoxLX188QM8na
They will i'm sure, but they can't add MORE lag to there system when it can't handle the current load / ddos.

Just be patient.

It doesn't have to add lag, they can run it on other servers or even in another data centre.
legendary
Activity: 1344
Merit: 1001
It'll go on there. I reckon they will wait for their new trading engine to launch first though which could take a while
newbie
Activity: 56
Merit: 0
They will i'm sure, but they can't add MORE lag to there system when it can't handle the current load / ddos.

Just be patient.
vip
Activity: 840
Merit: 1000
Mt Gox said very clearly they are listing LTC. You guys are getting trolled hard by the troll box...
sr. member
Activity: 322
Merit: 250
Lol... So a dude with two posts on that forum comes on and says there are rumors that they aren't adding LTC and doesn't site a source?  I'm going to guess he got his well informed info from the btc-e troll box.

Litecoin is specifically addressed in their latest announcement as can be seen here:
https://mtgox.com/pdf/20130424_ddos_statement_and_faq.pdf

Stop spreading FUD.  With the latest news of this lawsuit.  It would be in Goxs' best interest to get LTC trading going as soon as possible to raise some more money for the suit.

I am now dumber for reading that thread.  Thanks.
hero member
Activity: 617
Merit: 531
People should not listen to the troll box on BTC-e. Too much fear, uncertainty and doubt is spread from there.
sr. member
Activity: 252
Merit: 250
There's lots of money to made in LTC trading.  Why would they turn it down?
hero member
Activity: 672
Merit: 501
That might be a way to tank the coins value a bit and then horde a lot at a low price. I feel the BTC is the same way with the "lawsuit".
sr. member
Activity: 658
Merit: 270
People are worried after the past few days, its all lies though.

Just wait and be patient.
full member
Activity: 154
Merit: 100
bitcoin supporter
hero member
Activity: 504
Merit: 500
They are rumors on the litecoin forum that Mt Gox will not launch LTC trading
https://forum.litecoin.net/index.php/topic,3071.0.html
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