Uhm... What?? Coindesk BTC price right now

wxxyrqa

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Quote from: trapatalce on July 03, 2019, 08:41:47 AM

Haha, interesting. I once saw my CryptoCompare portfolio go up to $30 million in value. Not sure which coin was causing that, but was fun to see.

So it was necessary and sell. lol I am sure that if you received such an amount in your wallet, then you would have gone on a well-deserved rest a long time ago. Grin

I, too, have repeatedly encountered situations where the Visual could identify large amounts, but in practice this is some kind of system failure and not at all what I thought.

trapatalce

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Haha, interesting. I once saw my CryptoCompare portfolio go up to $30 million in value. Not sure which coin was causing that, but was fun to see.

jossiel

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The bug that happened on coinmarketcap before did affected much the market than this bug on coindesk.

Quote from: ?? on ??

in all seriousness though these visual bugs happen and are nothing to give a second thought about.

Yeah and it's fixed already.

Quote from: pakhitheboss on July 03, 2019, 01:59:41 AM

I am sure it is a Bug.

It's a bug obviously and it's posted from one source which is their main twitter handle.

buwaytress

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Quote from: o_e_l_e_o on July 02, 2019, 08:27:24 PM

Seems like this was due to the CloudFlare outage earlier which seemed to be affecting half the internet.

Quote from: https://twitter.com/coindesk/status/1146056874988642306

ALERT: Due to a cloudflare outage, we're getting bad data from our providers, which is showing incorrect crypto prices. Calm down everyone, Bitcoin is not $26.

At least this was just a news site reporting the wrong price, and not a proper flash crash like the one we saw on Kraken a month ago, where someone put in a sell order of 1,100 BTC at the wrong price and dropped the price of BTC on Kraken to $101 for a couple of minutes, losing around $12 million in the process.

Yeah, I tried an experiment to open all my "Super Favourites" bookmark list in simultaneous tabs just to see who was on Cloudflare and who wasn't... very interesting results that clued me in onto which sites I should probably consider unfollowing!

I'm surprised Kraken still even allows those kinds of sell orders. As of even last year Bittrex and Poloniex fixed their markets so that you couldn't do orders more than 5% in any direction. Makes sense I suppose to prevent mistakes or those type of flash crashes. I'd ask for 2FA confirmation of abnormal orders, but then knowing people and how they still manage to enter wrong wallet addresses with confirmation emails...

bitbunnny

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Quote from: LFC_Bitcoin on July 02, 2019, 09:17:33 AM

I saw the price at $32,000.00 on Coindesk a few years ago for about 1 minute. Obviously it was a big but it was amusing at the time.

Such things happen but sometimes when people are in a hurry or not familiar with situation could actually beleive such prices are real and make total confusion and mess.

Haunebu

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Quote from: valentin68 on July 03, 2019, 02:15:17 AM

Somewhere in 2016 , when the Bitcoin price was approx 270 USD for 2 months, the price for 1 Bitcoin decreased to approx 30 dollars for 10 minutes. I wish I could have bought Bitcoin at that price. It was not possible for me then (I am Romanian). One day after this happened I regretted not being attentive. I would have had now a new home somewhere in Bahamas or in Southern Europe.

Sometime in 2009, BTC value was a couple of cents. If I would have bought some BTC back then and HODLED until now, I would have become a multi-millionaire. Everyone thinks about these things at some point or another in the crypto world.

Instead of focusing on the past, it is best to think about the present. Buy BTC now and HODL until it meets your target price in the future. Who knows? It could be worth millions in the future.

valentin68

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Somewhere in 2016 , when the Bitcoin price was approx 270 USD for 2 months, the price for 1 Bitcoin decreased to approx 30 dollars for 10 minutes. I wish I could have bought Bitcoin at that price. It was not possible for me then (I am Romanian). One day after this happened I regretted not being attentive. I would have had now a new home somewhere in Bahamas or in Southern Europe.

pakhitheboss

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This is hilarious. I am sure it is a Bug. Just know checked Bitcoin price on Coindesk and it is showing as per the market. I was thinking what would have happened if someone accidentally believed the price of Bitcoin was $27.00. He might have gone to his favourite exchange in order to make a purchase and found out the right price their.

Good, it did not happen to any exchange, such bugs will ruin their business.

Jating

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Nothing to be alarm here, not the first time to see Coindesk having this kind of glitch. Interestingly, Cloudfare has an outage. Supposedly to protect their costumers, but they themselves has the issues. If

I'm not mistaken they reported that they've been down at least 18 minutes so many websites including Coindesk and Coinmarketcap and even this community was affected.

mobnepal

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Quote from: ?? on ??

Somewhere someone just checked to see if their Longshot buy orders went through. in all seriousness though these visual bugs happen and are nothing to give a second thought about.

I don't think there was any sell order which got hit at that price because that is only likely in small exchanges where books are not huge and for sure coindesk is not taking price from such small exchanges. It might be some API failure while grabbing the price from third party exchange/service or just a visual bug while they were working on some of their scripts.

o_e_l_e_o

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Seems like this was due to the CloudFlare outage earlier which seemed to be affecting half the internet.

Quote from: https://twitter.com/coindesk/status/1146056874988642306

ALERT: Due to a cloudflare outage, we're getting bad data from our providers, which is showing incorrect crypto prices. Calm down everyone, Bitcoin is not $26.

At least this was just a news site reporting the wrong price, and not a proper flash crash like the one we saw on Kraken a month ago, where someone put in a sell order of 1,100 BTC at the wrong price and dropped the price of BTC on Kraken to $101 for a couple of minutes, losing around $12 million in the process.

LFC_Bitcoin

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I saw the price at $32,000.00 on Coindesk a few years ago for about 1 minute. Obviously it was a big but it was amusing at the time.

lucho1592

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This is a bug and it is already fixed

djhomeschool

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LOL @ Coindesk....

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