Post
Topic
Board 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
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.