Id agree .... articles like ETC is in a downward spiral.... and flash crash to 13 are aggravating... I did see one guy who got stopped out of his Margin account at 197$ ETC he was very bummed..... They are investigating something though..... What is kind of screwed up is that coinbase crashes and wont let you sell or buy even if you want to..... I couldnt get ETC out of my wallet either..... Sucks I missed a great buying op but I think there is still a good one on the table.
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!