Bitcoin SV Flash Crash - 30K BSV has been sold in just 5 minutes!!!

[atoshi]

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 !!!

[Adriano2010]

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 !!!

Well this happen only on Bitfinex, but now the price is 200$ almost, also for other coins happen this thing this months and after the price recover, was lucky who had buy orders at 44$.

[Cnut237]

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.

[ashmodeus]

well
altough this happened, i wont believe that will be long term , since the creator just a faketoshi.
i mean, how people still buy this shit after they claimed be a sathosi.

[GrosWesh]

well
altough this happened, i wont believe that will be long term , since the creator just a faketoshi.
i mean, how people still buy this shit after they claimed be a sathosi.

totally agree, you really have to be blind or crazy to invest in this masquerade! Finish with faketoshi and his oversized ego 

[sunsilk]

So that happened on bitfinex only not with every exchange. As I've seen on CMC the price is still above $200 while most of the alts including bitcoin is dipping for the moment.

This is the reason why you don't buy and hold such coins that are made solely for pump and dump schemes. The effect won't be that long because there's no sole reason and purpose why BSV has been created, there's no use case.

[HichemFetoui]

this is foreseeable due to the last huge pump the truly unjustified pump good luck for all bitcoin cash satochi vision believers i think the team behind bitcoin cash is at least more professional

[kynaz]

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 !!!

Well this happen only on Bitfinex, but now the price is 200$ almost, also for other coins happen this thing this months and after the price recover, was lucky who had buy orders at 44$.

I think it is very fortunate to be able to get a low price when they have made a profit of more than 400% in a very short time but it is very difficult to set a low price and very few people set the price. In my opinion this is an error due to exchange or BOT there was a mistake in trading, so it triggered the panic sale at that time. Anyway, BSV has recovered and we don't need to worry too much during this time

[Kasabus]

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 !!!

It's a trading site that is number 11 in the ranking in terms of volume for BSV, I read this news before but did not give much attention as in general, it did not move the market of BSV. I am not also interested in this coins, for now, I consider this a risky investment which I should stay away.

[tonyja2017]

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 !!!

I think this is one of the signs of Margin. it killed a lot of users who bet on the money BSV and Craig are preparing to bring BSV to its true value.
I warned everyone that this is not a good deal. the value is completely virtual and it will soon return to $ 44 after a few months.
The best we should not invest in BSV is, it's a big trap!

[shinratensei_]

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 !!!

Well this happen only on Bitfinex, but now the price is 200$ almost, also for other coins happen this thing this months and after the price recover, was lucky who had buy orders at 44$.

I think it is very fortunate to be able to get a low price when they have made a profit of more than 400% in a very short time but it is very difficult to set a low price and very few people set the price. In my opinion this is an error due to exchange or BOT there was a mistake in trading, so it triggered the panic sale at that time. Anyway, BSV has recovered and we don't need to worry too much during this time

Just like when a big flash dump happened in the coinbase exchange site. It looks like someone that was having a big bags of BSV already dumped his coin without doing a proper way to liquidate his money.
But the volume on bitfinex is not so healthy. Because it's not an exchange which already holds the majority volumes of BSV.

[Hughes_Ryan]

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 !!!

Before that, I was really surprised with the BSV pump with more than 50% in a few hours. then, I searched and an information from Dovey Wan that it was a big trick to trick some traders and retail investors in China and many in other countries. Unfortunately, things happen too quickly. Some losses with the true residual value of BSV.

[StarkInternational]

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 !!!

someone sell with market order, and not with limited order.  in 2017 someone make order BTC/USDT 100 000 )) small amount. and someone buy with market. this is newcomers. i dont remember good, but i think it was on binance. BTC price 100 000 (order sold with 100 000)

[KryptoKai]

There is only one person who would  do such a thing, faketoshi cashing out of course. Don't think anyone else is foolish enough to fall for this shitcoin. Everyone should dump before it's too late.