Dual-Pair Exchange Trading | The Good, the Bad, and the Ugly

[tadspoles]

A Chinese AltCoin market is BRILLIANT!

[Alpha]

I cant say whether being on ltc and btc markets is good or bad, i really just don't know. but i would guess that if we were on a USD market it would really help. People see their alt currencies drop in btc value because btc is rising but some don't realise the value of their coin isn't actually dropping much if they calculated it in USD.  BTC-E is the only exchange for alts that has a USD market as far as i know, and cryptsy are supposed to be adding USD market at some point. But in the meantime getting on as many exchanges as we can such as MCXNOW can only be a good thing.
Might even be a good idea to check for any Chinese alt-coin exchanges and try get on them too since the Chinese are buying up BTC like mad.

I agree with you.  I think exposure would really help get things going.  Has being added to BTC-E ever been pursued?

[kelsey]

I think dual is bad. btc rises people bail all alts to cash out in btc, alts on the ltc market soon match, later ltc rises alts gets hit again.

(please dont add that oh but gld follows btc up like I've heard a few times on the forum).

[ipaint]

I see Vern put Goldcoin in the BTC and LTC Markets. I had some LTC so I bought a few Goldcoins

[Ch3rub]

I just bought some coins yesterday to get a few more than I can mine, personally I don't care and I actually transferred LTC to exchange, traded for BTC and bought GLD as this gave me more coins than LTC -> GLD directly.

I'm noob at trading  but the way I see it is that more options is better, surely the more important thing would be getting USD exchange for GLD!

Chinese exchange for GLD is a brilliant idea!

[AZIZ1977]

I just bought some coins yesterday to get a few more than I can mine, personally I don't care and I actually transferred LTC to exchange, traded for BTC and bought GLD as this gave me more coins than LTC -> GLD directly.

I'm noob at trading  but the way I see it is that more options is better, surely the more important thing would be getting USD exchange for GLD!

Chinese exchange for GLD is a brilliant idea!

I agree with you that getting GoldCoin on an Chinese exchange will expose GLD to a huge market.