Posted by AllCrypt Staff on April 4, 2014

Some coins are better traded against LTC – there are too many coins to make them worth even a single Satoshi, or maybe they are just not valued high enough yet. So these coins get traded against LTC. On AllCrypt.com one of those is POPCoin – it started trading at 1 satoshi, but then the users realized that even that was a little high, and offered no granularity. You paid 1 or 2. Thats a huge difference. So LTC makes a ton of sense for coins like that.

Months ago before we started AllCrypt, I was personally trading MOON and TIPS, and when Cryptsy added MOON it only had a LTC market. Well, time to buy! Well… first I need to buy LTC. Now Moon. Ok, now lets sell moon since it went up, and it’s cheaper over at another exchange. Lets sell MOON for LTC… and sell LTC for BTC…. then transfer the BTC over…

It’s a pain in the ass.

Then I sold some coins of my own on AllCrypt for LTC. I have about 2.3 LTC now and just want the BTC. Theres like .47 worth of decent buy orders on AllCrypt. The buy orders on Cryptsy arent much better.

LTC sucks. Or at least I, personally, speaking on my behalf and not as AllCrypt.com, thinks LTC sucks. So much more DOGE moves on a daily basis than LTC does – at least it feels like it. Its easier to turn DOGE into BTC than it is for LTC.

We’re kicking around the idea.

What do you think? We’d love to hear your opinion! Vote below and share on twitter and facebook!