Ninjastic
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Re: [ANN] KRAKEN.COM - Exchange Now Open with USD, EUR, BTC, LTC, XRP, NMC
by
Dargo
on 13/02/2014, 02:17:44 UTC
Quote from: medicine on February 13, 2014, 01:51:43 AM
Quote from: MusX on February 12, 2014, 03:17:19 PM
Quote from: medicine on February 12, 2014, 12:51:25 PM
Quote from: ledmaniak on February 12, 2014, 12:35:05 PM
Quote from: medicine on February 12, 2014, 12:07:58 PM
Quote from: dexX7 on February 11, 2014, 10:26:43 PM
Currency pairs have the form XBT/EUR (500 EUR/XBT), LTC/EUR (14 EUR/LTC) and XBT/LTC (40 LTC/XBT).

Is there any option to flip the order on XBT/LTC?

Such that it's possible to show a) LTC/XBT (in sub-menu LTC?) and b) XBT/LTC (in sub-menu XBT?).

Cheers. Smiley
I would also like to see this option. The reason is almost every other site I have seen and traded on shows XBT/LTC the other way ie. - LTC/XBT
I'm much more accustomed to seeing it this way.  I would like to see this option too thanks.
Peace.
I think most engineers and scientists would disagree.

XBT/USD notation in the scientific world would mean: XBT per USD. So a notation of USD/XBT would say x USD per Bitcoin.

That the forex world uses XBT/USD as "x Bitcoin in USD" confused me a lot in the beginning.
Yes, I think your statements are correct, what your saying the current listing of XBT/LTC is actually backwards and should read LTC/XBT.  I don't know which way they want to write it and I don't care, I just want to see the conversion shown the opposite way because that's what I'm used to and what most other sites use.

if most other sites do mistakes it is better not to go mainstream and clone their mistakes but to make it correct. For the same reason gox and bitstamp have currently suspended bitcoin withdrawals and kraken is working well.
LTC/BTC flip was already asked here and discussed around 20-30 pages ago, as per information from there, such flip will not happened. The best solution is to handle flip on your side where you need it, it is not so difficult.


Alright, is that popular opinion?  IS that the companies position?  I don't think it's a mistake by other sites, I just thinks its the way they have chosen to run things.  I am trying to get used to it.
Thanks

The reason we have the pair flipped relative to other exchanges is that we want to avoid the situation where LTC/XBT price is a very small fraction. We think this is how it ought to be done, but we understand that it's awkward when other exchanges do it differently. I'm not sure what can be done to address the awkwardness, but we'll think about it.