RE: Someone Turned $390 into $1,000,000+ Today by Accident

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Someone Turned $390 into $1,000,000+ Today by Accident

in steemit •  7 years ago 

Not sure about this since the lowest recorded price was $13, but I guess it is possible. I wrote a little about it in a recent blog post saying it could have been a software glitch.

And the GDAX ToS give them the right to reverse the transactions before re-enabling trades.

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I was reading posts from people earlier today that had lost thousands of dollars today because of this. They had auto-sell orders set just in case of crash. I'm betting this is real, although I'm not sure why someone dumped so much ETH so quickly. I guess we'll see what happens

GDAX/Coinbase locked trading and withdrawals. I guess it is possible someone could have got their TX and withdrawal thru before it got locked, but it is unlikely