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Bitcoin Forum > Alternate cryptocurrencies > Speculation (Altcoins) > OMG flash crashed of OMG $2 in Bitfintex
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Ethminer2x (OP)
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November 29, 2017, 11:58:37 PM
 #1
https://www.tradingview.com/x/C4rtt40Y
I Well...  I hope someone got something out of it
I see why... OMG spiked down to $2 on bitfinex
Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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Ethminer2x (OP)
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November 30, 2017, 01:29:38 AM
 #2
It wasn't a "blood bath" it was a "buying opportunity"
tanksta
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November 30, 2017, 01:53:25 AM
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I saw it but my damn BTC hadn't transferred over yet.
bribed
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November 30, 2017, 01:58:47 AM
 #4
What the... another flash crash on OMG as well? Why am I never around when this stuff happens. Is this in any sense related to the bitcoin dip of today from $11400 to ~$8500?
artmen007
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November 30, 2017, 03:38:02 AM
 #5
The end of the year what you want. Tonight from 345 billion of market capitalization disappeared for a few minutes and was 290. An hour later it was 315. Christmas miracles are approaching.
The whole market today greatly subsided OMG not only all the red was.
High risk high payoff
Ethminer2x (OP)
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November 30, 2017, 05:58:26 AM
 #6
I thought all done with bitfinex as it proven that their server got problem led many token was flash crashed last night.
Customers will leave that bad one.
krazy89
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November 30, 2017, 06:05:39 AM
 #7
auto triggered Stoploss i guess
toddy47
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November 30, 2017, 06:40:51 AM
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I wonder if anyone automatically sold at $2 due to automatic buy/sells in place? I would be pissed.
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