RE: Anyone else notice the Bitcoin Cash 'flash crash' on Bitfinex? Regulators will.

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Anyone else notice the Bitcoin Cash 'flash crash' on Bitfinex? Regulators will.

in cryptocurrency •  7 years ago 

we can argue there should be protections to stop liquidating people if the market drops by a certain percentage

From what I've been told, Poloniex's margin trading engine has a 'protection' like that in place. A while ago we saw ETH/BTC on Polo crash by 20% in an instant but then trading froze for several minutes as (presumably) an engineer there was fixing things and trying to prevent it from crashing further... pretty intriguing haha :)

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