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Topic: What's going to happen to the 1.3 million LTC on btc-e? - page 2. (Read 2752 times)

hero member
Activity: 658
Merit: 536
Z-pay.io
And What's going to happen to the 1600BTC on btc-e LTC/BTC order book? Wink
legendary
Activity: 1792
Merit: 1008
/dev/null
"I will go mine LTC for 1 week while difficulty is 20 than drop out of mining for 2+ weeks while difficulty is 40. I will sell earned LTC
for as much as 40 didn't happened. I will make 2 times more money than if I mined BTC in that 1 week! I'm so smart, it's amazing!"

Unfortunately for you, retards, most buyers are obviously not retards.
hey, how u dare to tell others my mining tricks? Tongue
sr. member
Activity: 434
Merit: 250
The sell orders are from .00589 to .0063. What's the problem?
The problem is currently those visible orders total around 125K, a tenth of the amount on sale indicated by "Total LTC" amount.

They probably have a few more millions reserve in LTCs that are not being put up for sale as active orders.  Shocked

Still don't see the problem. I list assets for sale all the time at rates well above market just in case the market moves into my position while I'm not available to monitor the action. We just passed a period in which LTC mining was significantly more profitable than BTC mining and people are swapping back and forth.
legendary
Activity: 1441
Merit: 1000
Live and enjoy experiments
The sell orders are from .00589 to .0063. What's the problem?
The problem is currently those visible orders total around 125K, a tenth of the amount on sale indicated by "Total LTC" amount.

They probably have a few more millions reserve in LTCs that are not being put up for sale as active orders.  Shocked
420
hero member
Activity: 756
Merit: 500
The sell orders are from .00589 to .0063. What's the problem?

There's more. they only list the top 20

http://www.ltc-charts.com/orderbook.php?pair=ltc-btc&market=btc-e
sr. member
Activity: 434
Merit: 250
The sell orders are from .00589 to .0063. What's the problem?
member
Activity: 112
Merit: 10
The title says it all .... just curious.  Huh

It's probably just some quote-stuffing. It's bound to happen on Bitcoin exchanges as there's probably no mechanisms in place (like stock exchanges have) to prevent it.
legendary
Activity: 1441
Merit: 1000
Live and enjoy experiments
The title says it all .... just curious.  Huh
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