Quote from: kynaz on May 31, 2019, 03:39:54 AM

Quote from: Adriano2010 on May 30, 2019, 02:34:03 PM

Quote from: atoshi on May 30, 2019, 09:58:31 AM

Look at that sell volume https://coinalyze.net/bitcoin-sv/usd/bitfinex/price-chart-live/ , around 30K sell volume in a matter of just 5 minutes .. price dropped from $240 to $44 !!!

Well this happen only on Bitfinex, but now the price is 200$ almost, also for other coins happen this thing this months and after the price recover, was lucky who had buy orders at 44$.

I think it is very fortunate to be able to get a low price when they have made a profit of more than 400% in a very short time but it is very difficult to set a low price and very few people set the price. In my opinion this is an error due to exchange or BOT there was a mistake in trading, so it triggered the panic sale at that time. Anyway, BSV has recovered and we don't need to worry too much during this time

Just like when a big flash dump happened in the coinbase exchange site. It looks like someone that was having a big bags of BSV already dumped his coin without doing a proper way to liquidate his money.
But the volume on bitfinex is not so healthy. Because it's not an exchange which already holds the majority volumes of BSV.