This is not a joke and not from some illiquid exchange.
This happened today on Binance at LTC/PAX pair.
Keep in mind withdrawals from Binance are closed until todays maitenance that will take 5-6 hours. Sick things may be happening till then.
So now you cant depo or withdrawal. Thats why i always say - have accounts on many exchanges. Then your trading doesnt stop.
Still you can make accounts on those to be ready for trades:
- Bitforex - this is top10 BTC/USDT vol exchange
- BiBox - amazing China exchange, i think its gonna be the next hot thing, top10 exchange too
- KuCoin - similar to the other two with NEO and ETH pairs, just had interview with them - https://fuk.io/exclusive-interview-with-johnny-lyu-of-kucoin-exchange/
- CoinExchange - many ETH tokens and anon coins like ZEC XZC EXCL
- COSS - many deals on ETH tokens for arbitrages
- BitMex - Leverage trading of BTC, EOS and many others, superb liquidity
PAX is a USD pegged coin.
Check my latest interview with Xinxi of LTC - https://fuk.io/exclusive-interview-with-xinxi-wang-of-litecoin/
It could be that since the is a closed environment the price action is extra crazy, remember when, I believe Hitbtc, had closed deposits and withdrawals for Steem dollars and that little bit of liquidity became its own thing and traded over $40 at one point...
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yeah just hitbtc are mad scammers when binance may not be ;)
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Nice little dump can happen once/if everything is back to normal on binance, hackers may still have control over accounts so price manipualtion can be happening
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Thanks for the news, I‘ll definitely have to hop on some of the exchanges you mentioned. I am only registered to five at the moment.
Posted using Partiko iOS
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I should make a buy order of two dollars for BTC then.
I will sell it for 50,000 dollars so I can retire from steeming early. :D @kingscrown
Thank Tether for manipulating BTC.
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it may work.. must u need to wait
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That would change lives if it was the real deal.
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it was real but i doubt the market was liquid at all
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If you have just a few limit sell orders resting close to market, and one at 999999.99, then a market buy order or a buy with the wrong price can clear through all the testing orders and hit that absurdly high sell order at 999999.
But I thought Binance was not going to allow orders with price too far away from market so not sure how the above could have happened.
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Heh. Woah. Thanks for the info. Odd.
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