Topic: Bitcoin price scyrockets to $2200 on Gemini Exchange - page 2. (Read 1938 times)
Oops, people need to revise two times, when they put an order on an exchange. If you don't limit price in your order, and there are few sell orders, this things can happen.
Looks like I should of put some $1,000 sell orders in.
No harm in doing that.
Once in a few years, you might get lucky too.
any chance bitcoin price at coinbase/bitstamp/bitfinex will be $2200 too ? 
Back in August BTC reached over $10k in a Localbitcoins trade!
Looks like I should of put some $1,000 sell orders in.
As you can see in the chart it is simple impossible to reach that high, let it reach $500 first because it is very low now the actual price.
they already fill a bankrupty note ? (glitch in api sell, vault is empty !)It is most likely the fault from a trader who have mistaken $2200 for $220. You can't blame the Gemini exchange for mistakes their traders make.
they already fill a bankrupty note ? (glitch in api sell, vault is empty !)
It only took 150 Bitcoins to pump the Gemini price to $2200, then send it straight back down to $330. That few Bitcoins wouldn't make a dent on the walls of the other exchanges. It's a demonstration of how small the Gemini walls are. I never anticipated pump tricks on a fully regulated exchange either. Gemini was intended to be above all that.
source : http://themerkle.com/news/bitcoin-price-skyrockets-2200-gemini-human-error/
any chance bitcoin price at coinbase/bitstamp/bitfinex will be $2200 too ?
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