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RE: ETH Tanking

in #crypto7 years ago

This happens because they cant reimburse what they sell. Banks do the same thing. So when there's a flash crash like this, millions of people are selling, expecting a return on their investment that coinbase cant fulfill, so they crash the site for "technical difficulties" until they can replenish their books to satisfy the sell orders. Ive never seen coinbase shut down when theres a spike UP!

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