WTF Did Just Happen To Ethereum On Coinbase? It Fell 95,8% During 1 Minute [Now Recovered Most]
This past hour something really odd happened to Ethereum. It had already started to fall as you can see in my latest blog post:
But at 3:30 PM (US Eastern Time) the price fell dramatically to say the least. This is what happened by the minute:
So, for some reason someone sold Ethereum for ONLY 13 USD during this minute. This also mean that some lucky crypto trader bought Ethereum for the same price. Now, THAT is a great trade to say the least.
The volume was not super high so the price recovered quickly afterwards as you can see from the graph.
However, the daily graph looks really weird right now, have a look:
So, this could potentially shake the market, but with such a low volume, this could just be an anomaly.
I will keep you posted!
Hi! Thank you for sharing, following you! ^^
u r welcome
https://steemit.com/ethereum/@crypticj/ethereum-crashing-what-to-do-an-insane-guys-guide-to-sane-ethereum-investing Don't panic sell.
good guide!
Thank you, i am going to go play some Mass Effect Andromeda to get my mind of ethereum for a while...lol
sounds like a good idea
I heard someone either deliberately (shorting the price at the same time on other exchanges) or by accident placed a 30M sell order at market price on GDAX. In 2013 setting buy and sell orders 15% above and below market price was a good strategy. Thats mainly how i turned <1 BTC to 14+ BTC. I have never had that kind of returns since and its a lot harder nowadays. I only have <0.1 BTC as i sold the lot at $750:)
Interesting. That sounds like a good strategy, too bad that you sold your BTC, but there are so many other good options out there, Monero is quite cheap at around 50 USD.
Im a fan of the Dev team fluffy pony etc and did have buy orders when it was very low $ value but never hit my price -huge regret now as you can imagine.
Either someone was cashing out their ETH or a bank purchase decided it was time for a crash
What is going on?!!
the world of crypto...