smartcoin:
are you updating your website now? when will the work done? It seems like the reason of panic sell today.
First off, it wasn't a panic sell. I watched it happen. Repeatedly over a fairly short period of time, someone very rapidly bought his way through lots of pre-set sale lots, none of which had particularly large amounts of SMC. This was done so quickly via some sort of automated mechanism or "buy bot" that coinmarket.io couldn't even keep up with the display of sale lots, only the current price. In other words, the display would show lots from, for example 11xxx down to 9xxx but the lots being sold were at 7xxx. You could only see the actual price in the Buy and Sell boxes.
The result was that the only remaining lots for sale were quite inexpensive and it appeared as if there had been a run. That caused some people who believed there HAD been a run to lower their prices considerably and then the process repeated itself. As I said, I watched it happen twice and I think it probably occurred a few more times. In the end, someone with automated buying software managed to get a nice sized chunk of SMC for a deep discount. And because of my pre-set sell orders, I ended up with a bunch more SMC at prices I never thought I'd see. So yay for me, I guess.
I had a series of preset buy triggers set across fairly broad range and they all triggered in seconds. Here's the one that had a set at 7500 and then 7006. Both were triggered in less than 20 seconds yet there were many orders in between. Same thing for 2 other sets I had.
Buy Tue Feb 18 04:58:34 499.25 SMC 0.00007006 0% 0.03497746 BTC
Buy Tue Feb 18 04:58:15 331.83812547 SMC0.00007500 0% 0.02488786 BTC
Nobody types that fast
Secondly, you think that an unfinished website is something that causes a panic sell? Egad, man; get a grip.