In my opinion , lot of ETH investors are switching to ETC , in prevision of ETH POS ,we can have an ETC rocket soon to 100$-200$
How's POS a bad thing for investors?
If I have many ETH I'm more than happy of PoS.
PoS is only bad for miners.
Topic: $30 Million ETH DUMP on GDAX (Read 867 times)
How's POS a bad thing for investors?
If I have many ETH I'm more than happy of PoS.
PoS is only bad for miners.
I think there will be many guys placing their buy orders after that ETH DUMP event. A huge buy wall will be created and then a super pump for ETH, we get to the moon forever 
Fundamentally, there is no reason why ethereum got dropped so I see reason why there will be correlation soon for future pump. If you study how crypto currencies works you should be able to know that ethereum is at the accumulation circle area and traders are taking profit and that is why there is panic.
It's probably some large investors taking profit! They dump at a high price
But as the value goes down, if they wanted they can just buy it back
So definitely not an idiot
But as the value goes down, if they wanted they can just buy it back
So definitely not an idiot
with your description then it was an idiot!
because some large investors know very well not to dump and crash the price, they will dump in a way that nobody even notices and usually they place sell orders so that you buy from them. so only an idiot large investor dumps like this.
what happened is the result of all the investors cashing out. there are a lot of things against ether right now which causes this mass exit.
the most important one is the upcoming ICO cash outs.
then there was the failure that happened yesterday in ethereum.
on top of all that there is the switch to POS and the difficulty bomb which will kill ethereum mining and lead to all of the miners leaving it.
"The crash appears to have been catalyzed by seller submitting a market order to dump roughly $30 million worth of ETH (96.1k) in one go, which obliterated the order book."
Source: zerohedge.com
I wish I knew this 12 hours ago. I would've invested more in ETH
Source: zerohedge.com
I wish I knew this 12 hours ago. I would've invested more in ETH
In my opinion , lot of ETH investors are switching to ETC , in prevision of ETH POS ,we can have an ETC rocket soon to 100$-200$
It's probably some large investors taking profit! They dump at a high price
But as the value goes down, if they wanted they can just buy it back
So definitely not an idiot
But as the value goes down, if they wanted they can just buy it back
So definitely not an idiot
Have heard about this? Who did that? Someone predicts a big ETH crash?
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