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RE: Ethereum Flash Crashes By 96% After Status ICO Clogs Network. It was $13 for a few minutes today!
a seller dumped $30,000,000 of Ether in one go!
Looks like he's a noob
a seller dumped $30,000,000 of Ether in one go!
Looks like he's a noob
Either that or it was deliberate. Some are saying it was a glitch. Coinbase chimed in on reddit to say they were investigating ....dun dun dun
https://www.reddit.com/r/ethtrader/comments/6io8s4/eth_went_down_to_13_for_a_split_second_on_gdax/
i dunno about if it was just gdax , shoudlnt it have been onall markets?
and @sdtraan told me toda that it ent down as low as 10 cents actyaly and a guy made a milion dollars uying ethereum at that price in a matter of seconds!!!!
see u should always be on poloniex or bittrex ready to buy coins with a STOP LOSS order!
u can simply set up a STOP LIMIT loss order and u cantell it to just buy ethereum for example, if it drops below $100 or $10 or whatever price u want! and that way if it EVER DOES happen to go gdown that far u will CATCh it AUTOMATICLY asthe trade is ttriggered!!!
This is WHY those ethereum prices went back up so fast! it was stop limit orders being roggered! some smart people have a bunch of orders set to automaticaly buy all sorts of coins if they ever drop below a certain number, and basicaly anyone who had a stop limit for under those pricees basicaly got in as soonas the price dropped that low
see thsi si why u need high freuency trading and why wall street traders install fiber optic conections anivest in higher faster data connections JUST to fuckin make faster trades!
eventually people trading on poloniex will just get tied of slow speeds but how can they trade any faster? they ned their own exchange! pay to get an un interupted inetrnt data connectionsomehow, a fast business line, and then maybe we can use UVO or the new PRISM by shapshift decentralized exchange but willl it be any faster?