Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

My mistake june 2016

I don't remember this, so I checked the thread from the 23rd June 2016 and it came to the rescue:

Quote from: andy35 on June 23, 2016, 12:50:48 PM

Is bitcoinity malfunctioning? The chart shows a spike on bitstamp down to 1.5 dollars about ten minutes ago, but there were less than 200 Bitcoins dumped to get it down that low. That must be a malfunction, I can't believe anyone could buy a bitcoin for 1.5 dollars

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edit

It must be a bitcoinity malfunction because bitstamp's data page shows today's range never went below $540.17

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Appears to be an API error. This would explain why it doesn't show up on Bitcoinwisdom.

I do remember a few years back (IIRC the price was 350 range?) it was dumped below 100 and was assumed a whale fatfingered but I can't really remember the specifics or the exchange.
I assumed that was it.
It would be cool if someone has a link to that.

I don't buy the API issue, it happens on diffent exchanges every now and again. Whale fatfinger or whale panic is far more likley.