This Probably Explains Today’s Steem Flash Crash

in parley-steem •  7 years ago  (edited)


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7 years ago by

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      ·  7 years ago 

    Thanks for letting me know. I wasn't aware of this.

    Do you think this is directly related to the dips we've seen and do you think the price will go up slowly but steadily or spike in an instant shortly again?

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      [-]
        ·  7 years ago (edited)

      It couldn’t be related to earlier dips since the raid has just happened within the last 24 hours.

      Here’s my best guess for the future:

      FF7EF682-D6E6-4C13-BCC5-17B022A8005E.jpeg

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        ·  7 years ago 

      Haha, yeah. Sorry. I didn't mean the dips we've seen previously. I meant this recent one. :D

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        [-]
          ·  7 years ago 

        There is still a lot of panicky sell offs when Bitcoin dips as it always does. Can't help when an exchange gets raided in the country that makes up for 25$ of steem trading and 90% of SBD trading though.

        @briggsy is great at breaking down the STEEM market action. https://steemit.com/steem/@briggsy/steem-price-daily-may-11-2018

        Thanks for the news though! Good triangulating the hundreds of things that go into each pump and dump.

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