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Author Topic: Ethereum (ETH) - was crash, ($350 to $13) is it True?  (Read 923 times)
rajuahmed330 (OP)
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June 23, 2017, 06:44:19 AM
 #1

Ethereum (ETH) - was briefly  crash, ($350 to $13) is it True? Just i want this. some of site wrote many many articles about this topics.

i hear this news from my big brother. U can search on google, it was crashed for some seconds.

Some of people are millionere for this crashed!!

full of curisity, Please make a comment to Give a proper news.

Thanks...

Be hardworker
Herbert2020
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June 23, 2017, 06:50:34 AM
 #2

yes it was true.

i have not checked all the exchanges to see if it happened on all of them but i know that it happened at least on one exchange. GDAX (you may know it as coinbase). and it was because of the problems that ethereum blockchain had and the fact that all exchanges disabled deposits and withdrawals of ethereum and people started to panic and dump everything they had so price crashed hard.

you can check the charts on GDAX to see this crash.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
andreevavik22
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June 23, 2017, 06:53:16 AM
 #3

No, this is unreal. ETH is one of the most stable and advantaged cryptocurrencies what became better than BTC.
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June 23, 2017, 06:53:53 AM
 #4

i also read about this issue but never got the chance to witness it with my eyes if thats happen i'm not sure what's the reason behind maybe a mistake or its really a dive coming from a big whales because its really hard to believe that this things can happen as many are aiming to have some cheap eth while its in the middle of the hype.
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June 23, 2017, 07:44:01 AM
 #5

i also read about this issue but never got the chance to witness it with my eyes if thats happen i'm not sure what's the reason behind maybe a mistake or its really a dive coming from a big whales because its really hard to believe that this things can happen as many are aiming to have some cheap eth while its in the middle of the hype.

you don't really have to witness these things live, you can always check the history. the charts always have all the history and can never change. and the price didn't crash to $13 it crashed down to $0.10 and it only took about 178 ETH to crash it that low! and it lasted about an hour
and no it wasn't a big whale it was a simple panic sell on a small market which didn't have the manipulative buy walls of poloniex.

here is the link: https://www.gdax.com/trade/ETH-USD
and here is a screenshot for the lazy Cheesy

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June 23, 2017, 07:49:47 AM
 #6

No it is most certainly not true. It crashed in a split second to 0.10. It was caused by the software at the exchange not being able to adequately handle large buy and sell orders. There is full technical analysis and write up online at GDAX.

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BitcoinExpart
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June 23, 2017, 07:58:03 AM
 #7

Ethereum (ETH) - was briefly  crash, ($350 to $13) is it True? Just i want this. some of site wrote many many articles about this topics.

i hear this news from my big brother. U can search on google, it was crashed for some seconds.

Some of people are millionere for this crashed!!

full of curisity, Please make a comment to Give a proper news.

Thanks...
I have also read a news regarding this issue. According to the source it was dropped $20, as long as I can remember but most like immediately it return the stable value again.

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xuan87
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June 23, 2017, 08:09:50 AM
 #8

It was true that the price is falling down sharply, according to some source it was happened because of the ICO gone wrong so they stated that it was not a glitch and it only happened for a very short time, but the price in coinmarketcap is still stable in many exchanger, so I think no need to worry about the news


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dady12
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June 23, 2017, 08:23:06 AM
 #9

I can't call this a crash but a merely price correction,thus is cause by a software which disrupt ETH transaction and I believe ETH will come back strong than before,I sold my ETH when I notice it is about to crash and I ripe off my profit,now I am waiting for a good too to buy
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June 23, 2017, 08:36:20 AM
Last edit: June 23, 2017, 08:58:16 AM by benthach
 #10

Ethereum (ETH) - was briefly  crash, ($350 to $13) is it True? Just i want this. some of site wrote many many articles about this topics.

i hear this news from my big brother. U can search on google, it was crashed for some seconds.

Some of people are millionere for this crashed!!

full of curisity, Please make a comment to Give a proper news.

Thanks...

yes, this piece of shzit Etherhium crash and put to a halt by all exchanges because so many people want to walk into it tiny shit door(network), all stucks! Before little by little walking through. No worry it going to happen oftens then kill itself and people realized this piece of shzit is worthless when/and if these big scam ico's do come online, even a small percentage. heck the scam creator of this piece of shzit don't even believe in crypto https://bitcointalk.org/index.php?topic=1979233.0
I guessed being copy of someone idea and ask people to create this piece of shzit for you then make millions or even billions by himself is too easy to even believe it real anymore.


reference --
nick szabo - the father of smart contracts - https://en.wikipedia.org/wiki/Nick_Szabo
gav wood - the father and creator/coder of piece of shzit etherieum platform - http://gavwood.com
butterin vitalic - the little freak scammer

reddit btcwriter1 - twitter kingpininvestor
qq767178175
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June 23, 2017, 09:03:19 AM
 #11

you can check the charts on GDAX to see this crash. Smiley
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June 23, 2017, 09:06:52 AM
 #12

Depends how you understand it. Someone sold 30mil worth of ether and the price dropped on GDAX only from ~300 to ~220. But because of this drop, margin traders were automatically liquidated. This is why you better avoid margin trading, it's extremely risky. So, the price didn't drop because someone dumped.
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June 23, 2017, 09:07:36 AM
 #13

I don't know why After any small decrease in prices of any cryptocurrency, Some people start to use words such as ''scam'', ''end'' , ''die'', ''crash'' and so on. Few days ago all people was talking about taking bitcoin over by Ethereum. What is happening to Ethereum is completely normal. Fluctuations in cryprocurrencies world always exist and it is normal. There is decrease in price after any increase.

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taner32
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June 23, 2017, 12:42:17 PM
 #14

it was true but only one or two minutes. i missed  Huh
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June 23, 2017, 12:55:29 PM
 #15

I don't know why After any small decrease in prices of any cryptocurrency, Some people start to use words such as ''scam'', ''end'' , ''die'', ''crash'' and so on.
True. Lets all take a moment and think about this.
rajuahmed330 (OP)
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August 25, 2017, 09:12:46 AM
 #16

it was true but only one or two minutes. i missed  Huh
Yes bro.
I also same to u.

Just mistake.
it can be luck

Be hardworker
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