💲💲💲 Etherum DUMP to $13 Today!
So in case you missed it. Etherum dumped down U.S. $13.00 today for a minute while someone sold over 8000 ETH.
Now, in my personal opinion,I believe it was one of the recent ICO’s out there dumping all that.
I only wish I had a standing order in at that price to catch it that low..I could have retired today if caught ETH that low.
I do know the STATUS ICO yesterday has the ETH network slowed to a crawl. it was very hard to get ETH sent yesterday.
As you can see ETH has recovered is almost back to $300 at the time of this posting.
The question is: Who dumped over 8000 coins, and why dump that many at one time, if they would have done it in spurts,they could have gotten more money.. That part has me worried.
What do you think?
fat finger trade I guess
Very well could have been. But just in case, I put an order in real low JUST in case it happens again :)
Ethereum is like a pregnant woman who brings babies (ICO's) to this world. Each pregnancy is exhausting and sucks vitality out of the mother but after all when babies are born they need her to survive and thus make her even more important than ever. Long story short - Ethereum will only get stronger thanks to ICO's.
lol.. Great analogy @kozak I agree completely. The only thing That worries me is ALL these ICO's there is bound to pop up a scam eventually and when it does, will they collect 8000 ETH then sell it all in one swipe ? BUT after seeing what happened yesterday, ETH recovered immediately after someone did exactly that. So that makes me feel really good about ETH :)
got lucky and bought 1000 ETH shares at $14 :)
very nice!! Man I wish i got in that :(
what exchange is that from?
Coinbase 1 minutes chart from cryptowatch https://cryptowat.ch/coinbase/ethusd/1m