ETH Hoax Caused a CrashsteemCreated with Sketch.

in ethereum •  7 years ago 

Fake News on 4chan caused ETH to lose $4 billion because someone posted that the creator had died in a car accident.
4Chan post : http://boards.4chan.org/biz/thread/2608981

Definitely going to see the price recover now that he posted proof on twitter that he is alive.
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Source: https://qz.com/1014559/vitalik-buterin-d...ums-price/

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It is the only reason of the actual crash?

probably... the hoax was so big after all, it was 1 st on google

Sure don't blame it on GDX or the 30 Million Dollar sell off causing people to lose confidence in the coin.