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Lonestar2000 06/22/17 1:55:44 PM #1: |
http://www.cnbc.com/2017/06/22/ethereum-price-crash-10-cents-gdax-exchange-after-multimillion-dollar-trade.html
LOL cryptocurrencies! --- Rumble Roses. Someone enters the room. Them: O_O Me: What?! I always play games without my pants on!- Inmate 922335 #ImpeachTrump ... Copied to Clipboard!
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chill02 06/22/17 1:56:29 PM #2: |
I was told this wasn't a scam
--- Ave, true to Caesar. ... Copied to Clipboard!
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KainWind 06/22/17 1:57:04 PM #3: |
Now is the time to buy! Invest all of your savings while it is still 10 cents!
--- ... Copied to Clipboard!
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MC_BatCommander 06/22/17 1:57:05 PM #4: |
Rebounded to 325
--- The Legend is True! ... Copied to Clipboard!
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Eevee-Trainer 06/22/17 1:57:48 PM #5: |
I was half tempted to get in on this shit.
I'm glad I didn't, holy fuck lol. --- Maybe I'll put something here one day. ... Copied to Clipboard!
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prince_leo 06/22/17 1:58:24 PM #6: |
... Copied to Clipboard!
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halomonkey1_3_5 06/22/17 1:58:46 PM #7: |
I half-hoped this was legit
I'm so tired of GPU prices being fucked :( --- Billy Mays: July 20, 1958 - June 28, 2009 The Greatest ... Copied to Clipboard!
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Shotgunnova 06/22/17 1:59:03 PM #8: |
Wasn't there some guy bragging about Ethereum here lately? Dat foresight.
--- Take me down from the ridge where the summer ends And watch the city spread out just like a jet's flame ... Copied to Clipboard!
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CableZL 06/22/17 1:59:26 PM #9: |
It's already back to higher than 325, so it doesn't matter at the end of the day unless you bought in at 10 cents
--- ... Copied to Clipboard!
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MixedRaceBaby 06/22/17 1:59:42 PM #10: |
yeah its back to 327.
if you freak out and sell everytime it crashes then you have no business in dealing with crpytocurries. i got bitcoin at 1000 and it crashed to 700. did i sell? nope. now its almost 3000. --- For the mixed race babies! ... Copied to Clipboard!
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Rexdragon125 06/22/17 1:59:51 PM #11: |
Good, maybe the bubble will pop soon so I can get a 1070 at a decent price
... Copied to Clipboard!
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Soviet_Poland 06/22/17 1:59:51 PM #12: |
Shotgunnova posted...
Wasn't there some guy bragging about Ethereum here lately? Dat foresight. He claimed to have put at least 5 figures in ETC. Lol, anyone know his name and want to tag him? Waiting for the "it'll bounce back, I'm in it for the long haul" --- "He has two neurons held together by a spirochete." ... Copied to Clipboard!
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CableZL 06/22/17 2:00:20 PM #13: |
Soviet_Poland posted...
Shotgunnova posted...Wasn't there some guy bragging about Ethereum here lately? Dat foresight. It has already bounced back. Is anyone reading the article? Or actually verifying things? --- ... Copied to Clipboard!
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Anarchy_Juiblex 06/22/17 2:00:39 PM #14: |
ITT, no reading.
It happened because of a large trade, as often happens with stuff like this. --- "Tolerance of intolerance is cowardice." ~ Ayaan Hirsi Ali ... Copied to Clipboard!
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Darkman124 06/22/17 2:01:43 PM #15: |
KainWind posted...
Now is the time to buy! Invest all of your savings while it is still 10 cents! apparently some douche did exactly that--limit order of 3,800 units if price hits .10 --- And when the hourglass has run out, eternity asks you about only one thing: whether you have lived in despair or not. ... Copied to Clipboard!
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Soviet_Poland 06/22/17 2:03:45 PM #16: |
CableZL posted...
Soviet_Poland posted...Shotgunnova posted...Wasn't there some guy bragging about Ethereum here lately? Dat foresight. No, you're right. Good catch. Still, that kind of bodes some fear that anyone with a substantial holding can affect it, even momentarily. --- "He has two neurons held together by a spirochete." ... Copied to Clipboard!
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COVxy 06/22/17 2:03:48 PM #17: |
Anarchy_Juiblex posted...
It happened because of a large trade, as often happens with stuff like this. I don't think it's correct to classify this as normal market behavior... --- =E[(x-E[x])(y-E[y])] ... Copied to Clipboard!
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Trigg3rH4ppy 06/22/17 2:04:15 PM #18: |
chill02 posted...
I was told this wasn't a scam I mean, it was probably really good for the people who weren't greedy enough to keep hanging on after it slowed down in the 300 range --- ~A little nonsense, now and then, is relished by the wisest men ~ TWSSted since~ 3/27/12 https://i.imgur.com/zlaENmx.png ... Copied to Clipboard!
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Darkman124 06/22/17 2:04:56 PM #19: |
COVxy posted...
Anarchy_Juiblex posted...It happened because of a large trade, as often happens with stuff like this. yeah normal market behavior is a 1-2% drop when a large trade occurs not a 99% drop followed by a 3250% jump --- And when the hourglass has run out, eternity asks you about only one thing: whether you have lived in despair or not. ... Copied to Clipboard!
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chill02 06/22/17 2:19:22 PM #20: |
yeah, I mean, it did bounce back, but this level of volatility should raise red flags to any sensible investor
--- Ave, true to Caesar. ... Copied to Clipboard!
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Clad 06/22/17 2:21:40 PM #21: |
Darkman124 posted...
COVxy posted...Anarchy_Juiblex posted...It happened because of a large trade, as often happens with stuff like this. that's because the normal market has a much higher market cap. ethereum market cap is like 30 billion. a very large trade could do that since it's a baby market. --- "Conservatives are Nazi's." - scoobydoobydont "I just looked and amazon.com doesnt sell sex" - Complete_Idi0t ... Copied to Clipboard!
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Butterfiles 06/22/17 2:22:20 PM #22: |
lol you suckers, I made my fortune on monkey nuts
![]() --- http://www.last.fm/user/PigBun 56k warning ... Copied to Clipboard!
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Darkman124 06/22/17 2:22:39 PM #23: |
Clad posted...
that's because the normal market has a much higher market cap. ethereum market cap is like 30 billion. a very large trade could do that since it's a baby market. it is not possible to make a 99% adjustment to a stock with a 30 billion market cap if you think it is you are wrong did you mean 30 million? if so it's basically a penny stock equiv and yes, that kind of volatility on penny stocks IS possible cryptos are just the new pink sheets --- And when the hourglass has run out, eternity asks you about only one thing: whether you have lived in despair or not. ... Copied to Clipboard!
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Clad 06/22/17 2:24:39 PM #24: |
Darkman124 posted...
Clad posted...that's because the normal market has a much higher market cap. ethereum market cap is like 30 billion. a very large trade could do that since it's a baby market. Ethereum has a market cap of 31 billion. Large trades could influence volatility. But I think the GDAX exchange had a glitch in it, because I didn't see Coinbase report a 10 cent price. I would've bought in if that was the case. --- "Conservatives are Nazi's." - scoobydoobydont "I just looked and amazon.com doesnt sell sex" - Complete_Idi0t ... Copied to Clipboard!
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Rida_Go_To_Bed 06/22/17 2:24:53 PM #25: |
it was 10 cents for literally one to two seconds....
--- ... Copied to Clipboard!
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Clad 06/22/17 2:25:29 PM #26: |
Rida_Go_To_Bed posted...
it was 10 cents for literally one to two seconds.... Yeah, probably a glitch. --- "Conservatives are Nazi's." - scoobydoobydont "I just looked and amazon.com doesnt sell sex" - Complete_Idi0t ... Copied to Clipboard!
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Darkman124 06/22/17 2:25:31 PM #27: |
Clad posted...
glitch seems likely any trades affected should be invalidated but again to be 100% clear this is not a thing that can happen to a 'real' equity with that amount of liquidity --- And when the hourglass has run out, eternity asks you about only one thing: whether you have lived in despair or not. ... Copied to Clipboard!
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Clad 06/22/17 2:26:55 PM #28: |
Darkman124 posted...
Clad posted... *shrug* Cryptocurrency is volatile, but that doesn't make it not real or some scam. --- "Conservatives are Nazi's." - scoobydoobydont "I just looked and amazon.com doesnt sell sex" - Complete_Idi0t ... Copied to Clipboard!
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clearaflagrantj 06/22/17 2:27:44 PM #29: |
Clad posted...
Darkman124 posted...Clad posted... Shh just let the people that never bought in feel superior while we make money. ... Copied to Clipboard!
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Clad 06/22/17 2:30:09 PM #30: |
clearaflagrantj posted...
Clad posted...Darkman124 posted...Clad posted... It's been treating me very well, tbqh. --- "Conservatives are Nazi's." - scoobydoobydont "I just looked and amazon.com doesnt sell sex" - Complete_Idi0t ... Copied to Clipboard!
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COVxy 06/22/17 2:33:06 PM #31: |
Yes, indeed. I was a mentally ill homeless person in Baltimore, translocating twice monthly to Detroit, then I discovered Ethereum and it turned my life around. I'm now a multimillionaire in perfect mental heath.
p.s. muerehteyub --- =E[(x-E[x])(y-E[y])] ... Copied to Clipboard!
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FrenchCrunch 06/22/17 2:38:14 PM #32: |
ive had it for a couple weeks and a made a little bit of money selling high and then buying the dips
... Copied to Clipboard!
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EyeWontBeFooled 06/22/17 2:45:06 PM #33: |
Is there any point to ethereum other than trading them? Who accepts them?
--- You come up with something better! ... Copied to Clipboard!
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Clad 06/22/17 2:49:10 PM #34: |
EyeWontBeFooled posted...
Is there any point to ethereum other than trading them? Who accepts them? yes. ethereum is a platform for developing web applications. you can use ethereum to pay for the apps and to pay for the "server" time. --- "Conservatives are Nazi's." - scoobydoobydont "I just looked and amazon.com doesnt sell sex" - Complete_Idi0t ... Copied to Clipboard!
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EyeWontBeFooled 06/22/17 2:50:21 PM #35: |
Clad posted...
EyeWontBeFooled posted...Is there any point to ethereum other than trading them? Who accepts them? Fanx dood --- You come up with something better! ... Copied to Clipboard!
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prince_leo 06/22/17 2:52:19 PM #36: |
I actually just bought a bunch of GNT and ANT
ETH is still something i'm just gonna hodl --- ... Copied to Clipboard!
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FrenchCrunch 06/22/17 2:52:48 PM #37: |
prince_leo posted...
I actually just bought a bunch of GNT and ANT can you explain this stupid fucking hodl shit to me pls ... Copied to Clipboard!
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Sojy 06/22/17 2:55:16 PM #38: |
CableZL posted...
It's already back to higher than 325, so it doesn't matter at the end of the day unless you bought in at 10 cents It was basic common sense that it'd go back up, anyone who knew about this and didn't buy a bunch at 10 cents a pop (if they were actually available) is a fool. Lol @ the "what a scam" people. ... Copied to Clipboard!
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clearaflagrantj 06/22/17 2:57:05 PM #39: |
FrenchCrunch posted...
prince_leo posted...I actually just bought a bunch of GNT and ANT 1. Buy the Eth 2. HODL ... Copied to Clipboard!
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FrenchCrunch 06/22/17 2:57:57 PM #40: |
clearaflagrantj posted...
FrenchCrunch posted...prince_leo posted...I actually just bought a bunch of GNT and ANT i understand it means hold. i have 2 separate stashes, one for holding and one for trading short term but why "hodl" ... Copied to Clipboard!
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prince_leo 06/22/17 2:58:22 PM #41: |
... Copied to Clipboard!
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Roxborough4Ever 06/22/17 3:02:19 PM #42: |
itt: they dont know a flash crash can happen in any market
--- You feast on red herring because it is your birthright. ... Copied to Clipboard!
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FrenchCrunch 06/22/17 3:02:52 PM #43: |
prince_leo posted...
FrenchCrunch posted...but why "hodl" much obliged ... Copied to Clipboard!
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booboy 06/22/17 3:03:15 PM #44: |
Shit's too much of a roller coaster for me. Once I get a (extremely tiny) bankroll for investment going, I'm just wanting to be able to occasionally throw money into this probably non-existent portfolio and make modest cash off of it without much thought.
--- There is no problem that can't be solved by applying more yuri to it. In Torque We Trust ... Copied to Clipboard!
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Clad 06/22/17 3:10:14 PM #45: |
booboy posted...
Shit's too much of a roller coaster for me. Once I get a (extremely tiny) bankroll for investment going, I'm just wanting to be able to occasionally throw money into this probably non-existent portfolio and make modest cash off of it without much thought. no investment worth pursuing is going to be without much thought --- "Conservatives are Nazi's." - scoobydoobydont "I just looked and amazon.com doesnt sell sex" - Complete_Idi0t ... Copied to Clipboard!
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prince_leo 06/22/17 3:13:44 PM #46: |
booboy posted...
Shit's too much of a roller coaster for me. Once I get a (extremely tiny) bankroll for investment going, I'm just wanting to be able to occasionally throw money into this probably non-existent portfolio and make modest cash off of it without much thought. all of the money I have out into crypto is money I can lose I know people who have taken out loans or emptied their savings. power to them and their beliefs, but that's not me I put in enough into various currencies that if just one of them moves up like bitcoin, then i'd get a very nice payday. but I also don't have that much in them compared to my salary and my other savings, that if they all hit nothing tomorrow then i'll be fine when I explained all of this to my fiancée her eyes went really big about how much money I had already made in ETH, but I told her that we have to pretend that it doesn't exist --- ... Copied to Clipboard!
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GiftedACIII 06/22/17 7:32:42 PM #47: |
welp
--- </topic> ... Copied to Clipboard!
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hortanz 06/22/17 7:40:35 PM #48: |
I have been on the fence about getting in on this for like 3 weeks now
indecision is gonna kill me rip --- ... Copied to Clipboard!
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DoctorVader 06/22/17 7:45:06 PM #49: |
I love CE because of topics like this. It's like no one knows what they're talking about except like 1-2 people.
Everybody is acting like they know what's going on. It was a glitch that lasted 2 seconds with GDAX and now you got people going "told you it's a scam". --- It all just disappears, doesn't it? Everything you are, gone in a moment, like breath on a mirror. - The Doctor ... Copied to Clipboard!
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COVxy 06/22/17 7:50:43 PM #50: |
DoctorVader posted...
Everybody is acting like they know what's going on. It was a glitch that lasted 2 seconds with GDAX I mean, this isn't what the GDAX people were saying in the link in the OP. They explicitly said it wasn't a glitch. --- =E[(x-E[x])(y-E[y])] ... Copied to Clipboard!
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