Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [PPC] PPCoin Released! - First Long-Term Energy-Efficient Crypto-Currency
by
BitcoinForLiberty
on 28/09/2013, 22:42:02 UTC
If we want to get Mt Gox to add PPC, the best thing to do is demonstrate they could make money doing so by actively trading PPC on the exchanges that presently offer it. Vircurex has its highest volume on the PPC/BTC pair and this is sure to catch the eye of exchanges that do not offer trading in PPC. In recent days the PPC/BTC pair at Crypto-Trade has frequently been the second highest volume pair there.

I propose we focus on building liquid PPC markets on Vircurex and Crypto-Trade.

The largest volume of PPC runs on the exchange BTC-E (Volume: 238272 PPC / 382 BTC
Server Time: 27.09.13 00:24)

Sure, BTC-e has by far the most PPC liquidity. My point was that when exchanges take a chance on offering PPC for trading and it makes them money, it makes other exchanges want to do the same. Also, after seeing Mt. Gox play a role in the BTC meltdowns in 2011 and 2013, we want to make sure PPC isn't dependent on one exchange (BTC-e) like BTC used to be dependent of Mt. Gox because of its very high market share.