Quote from: mmitech on November 24, 2013, 09:13:01 PM

someone on the Wall Observer BTC/USD thread mentioned that Bitcoin price at BTC-e is $100 shorter comparing to Gox and Bitstamp, so I remembered that I once wanted to deposit some Fiat in order to try arbitrage between Bitstamp and BTC-e (buy at BTC-e and sell at stamp), the surprising thing was that they acquire so much fee and they ask you to mark the deposit as it was meant for advertisement.... when I calculated what I would make of it I found out at the time it would cost me more to buy Bitcoins at BTC-e than at Bitstamp ( price was only $30 shorter than Bitstamp).

the point is that I was checking again, and the BTC-e Bitcoin order book was so small, so I made some research and I was amazed:

BTC-e Volume the last 24 hours combined on all pairs (alts) Is almost equal to Gox and stamp together:

Litecoin Trading Volume is the biggest and most surprising that Today comparing to the last few days is really small

so based on these charts I went and looked for transactions on both networks and again I was amazed when I looked to the last 24 hours Transactions, compare these charts

Litecoin

Bitcoin

now I believe that Strong Alts such Litecoin are really necessary for the long Term health of the eco-system, and even when I start thinking about the block size limit, we would not like to spam Bitcoin with worthless transaction when it goes more mainstream, as Litecoin can handle 4 blocks in 10 minutes it would make more sense to use the smaller transaction with Litecoin and Keep the big ones for Bitcoin.

Where is BTC China? Huh