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Speculation (Altcoins)
Re: Bitcoin SV Flash Crash - 30K BSV has been sold in just 5 minutes!!!
by
Cnut237
on
30/05/2019, 15:30:22 UTC
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 !!!
This is a good example of why it can be worthwhile having a few very low price orders in place. It works better on the smaller coins generally, but it's by no means unheard of for larger coins as well.