Topic: del. (Read 2767 times)
Probably just a glitch. A week or two ago Coinmarketcap was claiming Bitcoin was at $1500-1525 for a couple minutes. :-)
No sign of trouble here: https://coinmarketcap.com/currencies/bitcoin/#markets
Yeah, actually my friend told me that all sites place bitcoin price around 1150-1200$ levels, when Coinmarketcap has been showing 1500$ USD per bitcoin No sign of trouble here: https://coinmarketcap.com/currencies/bitcoin/#markets
I cannot believe that 1 bitcoin for 0.06$ is not a glitch, nobody would sell such a valuable asset as a bitcoin, for basically nothing ( 0.06$ ).
There is also no possibility that it was just some kind of a order that is activating during a special occasion, because even in 2011 bitcoin was worth more than only 6 cents.
It looks like some kind of glitch/bug for me, I would highly doubt that someone did it by purpose, it also could be a typo made by the guy who sold them.
GDAX froze trading and closed the book for maintenance. They than want back online and allowed people to use their "market" sell feature (basically just dumps the coins) before the order book had time to populate again. About 113 BTC were dumped, mostly at about 900-1050 USD. So it was just a case of Stupid McFatFinger meets poorly managed exchange. Nothing epic and definitely not enough volume to even be recorded as a true historical price.
Just a lie, an attempt to troll and scare people causing chaos, but idiots must be idiots otherwise you couldn't call them idiots lol.
Don't you guys fall for it and dump your coins, well you couldn't even if you wanted because there are big buy walls above $1100.
BU has 40% of the support now and SW has 28% even though F2pool is signaling SW.
Even if they hard fork the blockchain price wouldn't go below $500 I can promise you that.
What are you even stating? BitcoinWisdom is lying?Don't you guys fall for it and dump your coins, well you couldn't even if you wanted because there are big buy walls above $1100.
BU has 40% of the support now and SW has 28% even though F2pool is signaling SW.
Even if they hard fork the blockchain price wouldn't go below $500 I can promise you that.
If you go to BitcoinWisdom.com you could see the chart for yourself and notice the major dump that the OP is writing about,
Code:
https://bitcoinwisdom.com/markets/coinbase/btcusd
The timestamp is also there on the right if you want to get a little bit technical.
It might be an error on Coinbase it's either that or there isn't as much people using Coinbase as we think and they are just trying to manipulate the price.
A person that has the right strategy with Bitcoin Exchange trading wouldn't need to have money spread across each Bitcoin Exchange -they only need to use a single exchange in order to make the price decline to 0.06.
Plus there's a bunch of people bailing out of Coinbase because of the regulation thing so who really knows what's going on behind the scenes.
Just a lie, an attempt to troll and scare people causing chaos, but idiots must be idiots otherwise you couldn't call them idiots lol.
Don't you guys fall for it and dump your coins, well you couldn't even if you wanted because there are big buy walls above $1100.
BU has 40% of the support now and SW has 28% even though F2pool is signaling SW.
Even if they hard fork the blockchain price wouldn't go below $500 I can promise you that.
What are you even stating? BitcoinWisdom is lying?Don't you guys fall for it and dump your coins, well you couldn't even if you wanted because there are big buy walls above $1100.
BU has 40% of the support now and SW has 28% even though F2pool is signaling SW.
Even if they hard fork the blockchain price wouldn't go below $500 I can promise you that.
If you go to BitcoinWisdom.com you could see the chart for yourself and notice the major dump that the OP is writing about,
Code:
https://bitcoinwisdom.com/markets/coinbase/btcusd
The timestamp is also there on the right if you want to get a little bit technical.
It might be an error on Coinbase it's either that or there isn't as much people using Coinbase as we think and they are just trying to manipulate the price.
I really do think that it is just a bug from coinbase not really a dump. If that happened though, if there was someone who bought it the moment this bug happened and when it passed is a lucky man and I think he/they who bought at that price was so lucky they might be rich now but I think no one have bought at that time maybe coinbase fixed it asap then those orders fullfilled at that time is reversed I think.
with all the bots there are there error like this can happen, some of those bots can trade with virtually instantly and soem times some order are made with almost no volume
this is not the firstcase that soemthing like this happen, well not that drastic, but ti did happen when bitcoin was at $400 and returned for a second to $150
this is not the firstcase that soemthing like this happen, well not that drastic, but ti did happen when bitcoin was at $400 and returned for a second to $150
Probably a glitch in the map. It's a disadvantage of being all automatic, there was a similar incident sine months ago on coinmarketcap graphs also. So before believing something like that, just get a confirmation first.
And it was just for a second or two I guess so no one else noticed.
with all the bots there are there error like this can happen, some of those bots can trade with virtually instantly and soem times some order are made with almost no volume
this is not the firstcase that soemthing like this happen, well not that drastic, but ti did happen when bitcoin was at $400 and returned for a second to $150
this is not the firstcase that soemthing like this happen, well not that drastic, but ti did happen when bitcoin was at $400 and returned for a second to $150
Probably a glitch in the map. It's a disadvantage of being all automatic, there was a similar incident sine months ago on coinmarketcap graphs also. So before believing something like that, just get a confirmation first.
And it was just for a second or two I guess so no one else noticed.
with all the bots there are there error like this can happen, some of those bots can trade with virtually instantly and soem times some order are made with almost no volume
this is not the firstcase that soemthing like this happen, well not that drastic, but ti did happen when bitcoin was at $400 and returned for a second to $150
this is not the firstcase that soemthing like this happen, well not that drastic, but ti did happen when bitcoin was at $400 and returned for a second to $150
I think this is just an error the coinbase site because if this is true then a lot of people in that site will be reach because they got bitcoin for just 0.06 and sell it for the current price now. I think if that is true then the news will be all around the internet and not only here so i doubt that it is true that bitcoin legit dump to 0.06 USD.
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I understand what you're stating, what makes you think that this is a bug in the Coinbase API this time?
There could be one person/group with a bunch of coins that made up the numbers within the order book and he decided to take them down for some time to change the chart information so people would invest more fiat in the Coinbase website.
Where is the proof? Or are you just going to speculate? I am just stating that the chart for Coinbase isn’t just making up numbers the price really did dump if you look at the chart closely.
I understand what you're stating, what makes you think that this is a bug in the Coinbase API this time?
There could be one person/group with a bunch of coins that made up the numbers within the order book and he decided to take them down for some time to change the chart information so people would invest more fiat in the Coinbase website.
Where is the proof? Or are you just going to speculate? I am just stating that the chart for Coinbase isn’t just making up numbers the price really did dump if you look at the chart closely.
why is it hard for you to accept it was a bug, not the first time, and coinbase always does these things.
here is another smaller but the same bug not so long ago and no surprise that it was coinbase that had this bug in their API:
$1050 2min flash dump anomaly
coinbase/gdax is a fucked up platform, that is all there is to say.
and by the way those who are saying it was legit dump to $0.06 have to prove the rest of us by showing the orders that were filled at that price not what the chart shows.
The thread that you linked didn't prove that it was a bug. I am interested in viewing the Coinbase article or a screenshot of their email stating that the price drop on March 7, 2017 was a bug. Coinbase would warn the people that are using their website about things like that since large amounts of money is involved within their Company.
Code:
https://bitcointalk.org/index.php?topic=1817119.0;all
I agree that the whole GDAX situation is weird though the chart is what we see right now (unless Coinbase receives the proof that it's a bug or they announce the website bug to the public).
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I understand what you're stating, what makes you think that this is a bug in the Coinbase API this time?
There could be one person/group with a bunch of coins that made up the numbers within the order book and he decided to take them down for some time to change the chart information so people would invest more fiat in the Coinbase website.
Where is the proof? Or are you just going to speculate? I am just stating that the chart for Coinbase isn’t just making up numbers the price really did dump if you look at the chart closely.
I understand what you're stating, what makes you think that this is a bug in the Coinbase API this time?
There could be one person/group with a bunch of coins that made up the numbers within the order book and he decided to take them down for some time to change the chart information so people would invest more fiat in the Coinbase website.
Where is the proof? Or are you just going to speculate? I am just stating that the chart for Coinbase isn’t just making up numbers the price really did dump if you look at the chart closely.
why is it hard for you to accept it was a bug, not the first time, and coinbase always does these things.
here is another smaller but the same bug not so long ago and no surprise that it was coinbase that had this bug in their API:
$1050 2min flash dump anomaly
coinbase/gdax is a fucked up platform, that is all there is to say.
and by the way those who are saying it was legit dump to $0.06 have to prove the rest of us by showing the orders that were filled at that price not what the chart shows.
bitcoinwisdom's api is known to do some stuff like this, and they are just bugs because of errors that happen in their connection to the exchange api (coinbase may have given wrong data) or in the calculations the bot makes.
and this is nothing new. first big one but not new.
go visit coinbase directly to see what i am talking about.
You can't be serious.and this is nothing new. first big one but not new.
go visit coinbase directly to see what i am talking about.
You don't have to post meaningless things within this thread to increase your post count.
Did you even visit Coinbase and look at the chart?
i made the part you missed into bold. please read my comment again.
and i don't need to visit coinbase to know the dip to 0.06 USD is a bug. since (as i said) this is not the first time.
and if you look at the volume the volume doesn't even show such a dip. you know there is resistance in going down.
There could be one person/group with a bunch of coins that made up the numbers within the order book and he decided to take them down for some time to change the chart information so people would invest more fiat in the Coinbase website.
Where is the proof? Or are you just going to speculate? I am just stating that the chart for Coinbase isn’t just making up numbers the price really did dump if you look at the chart closely.
This topic made me shocked, but I checked and bitcoin has te same high price as before. So it probably was a mistake in the programm or maybe even a hackers' attackt. Now I am wander are there people who could buy bitcoin by such cheap price? If someone could, please write here.
I couldn't find how many bitcoins were sold for that price? why wasn't I there at that exact time 
you know it also could be someone trading to himself.
And coinbase is in a hang state right now I think they've been hacked or something? could the hacker dump? but why would they? maybe they could only change inside of the exchange?
you know it also could be someone trading to himself.And coinbase is in a hang state right now I think they've been hacked or something? could the hacker dump? but why would they? maybe they could only change inside of the exchange?
dude this is bitcoin and this is a big bitcoin exchange we are talking about! not a random shitcoin on a random small exchange!
even a dump to that low needs an unbelievable amount of bitcoin, because apart from current existing buy orders there will be lots more buy orders set when the price moves through bots that are watching the market.
and if you check the volume it has been less than other days! it is showing 3972BTC while last day was 5663BTC. if you believe with 4K bitcoin you can dump the price back to 0.06 then you must check some resistances next time.
p.s. https://www.gdax.com/trade/BTC-USD can be opened easily, you must be having some internet issues.
I couldn't find how many bitcoins were sold for that price? why wasn't I there at that exact time you know it also could be someone trading to himself.
And coinbase is in a hang state right now I think they've been hacked or something? could the hacker dump? but why would they? maybe they could only change inside of the exchange?
you know it also could be someone trading to himself.And coinbase is in a hang state right now I think they've been hacked or something? could the hacker dump? but why would they? maybe they could only change inside of the exchange?
bitcoinwisdom's api is known to do some stuff like this, and they are just bugs because of errors that happen in their connection to the exchange api (coinbase may have given wrong data) or in the calculations the bot makes.
and this is nothing new. first big one but not new.
go visit coinbase directly to see what i am talking about.
You can't be serious.and this is nothing new. first big one but not new.
go visit coinbase directly to see what i am talking about.
You don't have to post meaningless things within this thread to increase your post count.
Did you even visit Coinbase and look at the chart?
i made the part you missed into bold. please read my comment again.
and i don't need to visit coinbase to know the dip to 0.06 USD is a bug. since (as i said) this is not the first time.
and if you look at the volume the volume doesn't even show such a dip. you know there is resistance in going down.
bitcoinwisdom's api is known to do some stuff like this, and they are just bugs because of errors that happen in their connection to the exchange api (coinbase may have given wrong data) or in the calculations the bot makes.
and this is nothing new. first big one but not new.
go visit coinbase directly to see what i am talking about.
You can't be serious.and this is nothing new. first big one but not new.
go visit coinbase directly to see what i am talking about.
You don't have to post meaningless things within this thread to increase your post count.
Did you even visit Coinbase and look at the chart? Although I agree with you that BitcoinWisdom sometimes has its errors and some data isn't 100 % accurate -this just isn't the same situation.
If you want the proof then here's the website for more accurate information rather than just using BitcoinWisdom.
Code:
https://www.gdax.com/trade/BTC-USD
The price goes down to 0.06 as you can see in the picture.
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