Can anyone here explain the dynamics of the two extremely pointy spikes that have been occurring within the last couple of days. The one where the price went up to 5.11 and the one where the price went up to 6.64. How can the price go up and down so extremely fast while at the same time stay up in price for about 30-60 minutes in between?
Last night someone on etherdelta manually entered a buy order incorrectly. They paid around 94 ETH for .017 of a PPT. Over $20,000+ for a fraction of a PPT...
When I saw PPT was $7.00 on Coin Market Cap, I went on ED and checked the orders and there it was, I couldn't believe what I was seeing. Thats a hell of a mistake and my heart goes out to whomever it was. This happens from time to time and is the reason for these bizarre price spikes.