RE: BREAKING NEWS: Ether Flash Crashes To A Penny / Margins Wrecked On GDAX / Coinbase Investigating

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BREAKING NEWS: Ether Flash Crashes To A Penny / Margins Wrecked On GDAX / Coinbase Investigating

in breakingnews •  8 years ago 

Thanks.

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Unless the overall price now falls, because of fear over the value of Ethereum. Someone was willing to sell off 100K ETH today, with no intention of maximizing the value. Basically the seller intentionally triggered every order at the Coinbase GDAX exchange.

I appreciate the clarification. I have been on Steemit since January with my other account ( @troyvandeventer ) and I am still confused with cryptonology....I made a new word. Some of it reminds me of what they tried to teach me in my Economics class back in High school, but that was back in the stone age.