Topic: BTC Price FLASH CRASH! - page 4. (Read 7023 times)
While some are panicking, others are taking the opportunity to buy
This sort of price instability is what scares new adopters.
Bitcoin XT is finally having an impact.
This dissonance just started. Imagine what it will bring in the long run. Bitcoin price is the first factor it will be followed by mass panic. Bitcoin XT is finally having an impact.
I don't want to be prophet of the doom but this xt vs. core war may be the end of bitcoin as we know it.
And then banks in cooperation with government will introduce something like BetterCoin and our dream of free money will be gone.
This sort of price instability is what scares new adopters.
Bitcoin XT is finally having an impact.
Bitcoin XT is finally having an impact.
the people didnt understand that the prices is connected to the "trust" If this trust break in the bitcoin ecosystem then and the price will crash. And this trust is breaking from Gavin and hearn with BitcoinXT. I am sure now that someone pay them to do all of this. I dont know how much they get..but i can imagine from where they get the money..
If you had a Bitfinex account and a Coinbase account, you couldve made some easy money. Coinbase went under $200 for a split second but Bitfinex stayed under $200 for 10 minutes, hitting $162.
The spread was huge for those 5 minutes
And how would you get the coins transferred in 5 minutes? No wonder you think winkle fruits are the spokesmen of BTC The spread was huge for those 5 minutes
no one sells without a limit like that just because of XT
why would someone do that and lose a lot of $$ by emptying the orderbook.
NOT XT RELATED, methinks...but I may be wrong
why would someone do that and lose a lot of $$ by emptying the orderbook.
NOT XT RELATED, methinks...but I may be wrong
I think this is good explanation what is happening:
Because of this stupid war between XT and Core, Gavin way vs. classic Satoshi way, progress vs. keepin what is fine atm, fake nodes vs. real xt nodes. All this nonsense is bad.
We all are losing. Bitcoin is losing, media have another idiotic topic just to talk about how bitcoin is torn by war and future is grim.
Go altcoins. Bitcoin is done. It'll be downgraded to "Gavincoin/Bitcoin maybe inbetween situation for next 5 years"-price. Markets don't wait for anyone and are only so patient. Market will give bitcoin time to figure its issues out and by the time it has done that an alt has already taken over #1 spot hopefully and that alt has also much higher tps of course which is no biggy as parctically any altcoin on the market has higher tps than btc.
This war between XT and core is the culprit. Market is starting to get allergic hence price drop. If this continues I maybe sell my bitcoins... before it will be too late.
Who cares?
Bitcoin price. Because of this stupid war between XT and Core, Gavin way vs. classic Satoshi way, progress vs. keepin what is fine atm, fake nodes vs. real xt nodes. All this nonsense is bad.
We all are losing. Bitcoin is losing, media have another idiotic topic just to talk about how bitcoin is torn by war and future is grim.
Go altcoins. Bitcoin is done. It'll be downgraded to "Gavincoin/Bitcoin maybe inbetween situation for next 5 years"-price. Markets don't wait for anyone and are only so patient. Market will give bitcoin time to figure its issues out and by the time it has done that an alt has already taken over #1 spot hopefully and that alt has also much higher tps of course which is no biggy as parctically any altcoin on the market has higher tps than btc.
I dont think it is XT related; if someone decided to exit due to XT (or the first Xt block or whatever) he would not sell all at once.
Surely it was a fatfinger trade or a hack or technical issue (bot?) on Bitfinex
Surely it was a fatfinger trade or a hack or technical issue (bot?) on Bitfinex
If I have 20 coins in coinbase and an account at bitfinex.
I buy 20 from bitfinex and just sell the 20 coins I have at coinbase I end up with 20 coins and 800 in cash.
I buy 20 from bitfinex and just sell the 20 coins I have at coinbase I end up with 20 coins and 800 in cash.
At least until Conbase says your transaction was suspecious and voids your trade if the price moves against them.
Seriously, I think panics are a great time to arbitrage between exchanges, I'm just not sure coinbase is the best one to use. Good luck all the same.
And yes, I do think this is an XT event. It adds a lot of uncertainty and weakens the ecosystem, both good reasons to sell and not buy.
yep, probably with all this panic sell, people are trying to get rid of the alts, trade them for BTC and then for FIAT...
Ethereum still green
yep, probably with all this panic sell, people are trying to get rid of the alts, trade them for BTC and then for FIAT...
It is because those coins are connected to bitcoin.
Bitcoin price goes down automaticly the altcoin market goes down.
You buy 1 LTC for a certain amount of sats get it?
Dump and pump perhaps?
That's just because BTC had a flash crash. It spooked all other currency's.
If you had a Bitfinex account and a Coinbase account, you couldve made some easy money. Coinbase went under $200 for a split second but Bitfinex stayed under $200 for 10 minutes, hitting $162.
The spread was huge for those 5 minutes
They require confirmations, wouldn't be possible to arbitrage.The spread was huge for those 5 minutes
tell me about it
but you can kinda do it if you set a spread up across exchanges ready for such events.
but yeah ton of arbitrage ops present themselves purely because arbitrage is so difficult to do in crypto trading.
If you had a Bitfinex account and a Coinbase account, you couldve made some easy money. Coinbase went under $200 for a split second but Bitfinex stayed under $200 for 10 minutes, hitting $162.
The spread was huge for those 5 minutes
They require confirmations, wouldn't be possible to arbitrage.The spread was huge for those 5 minutes
If I have 20 coins in coinbase and an account at bitfinex.
I buy 20 from bitfinex and just sell the 20 coins I have at coinbase I end up with 20 coins and 800 in cash.
All the other Crypto Currency's are being murdered.
http://coinmarketcap.com/#USD WTF is going on???
http://coinmarketcap.com/#USD WTF is going on???
If you had a Bitfinex account and a Coinbase account, you couldve made some easy money. Coinbase went under $200 for a split second but Bitfinex stayed under $200 for 10 minutes, hitting $162.
The spread was huge for those 5 minutes
They require confirmations, wouldn't be possible to arbitrage.The spread was huge for those 5 minutes
Maybe it's the government dumping seized Bitcoins to try and accelerate the panic that's already been developing.
Thanks for the cheap coins CIA!
You don't seriously believe this do you? Thanks for the cheap coins CIA!
yep its done already it seems
If you had a Bitfinex account and a Coinbase account, you couldve made some easy money. Coinbase went under $200 for a split second but Bitfinex stayed under $200 for 10 minutes, hitting $162.
The spread was huge for those 5 minutes
The spread was huge for those 5 minutes
Jump to: