Bitcoin is going to zero. We’ve all heard the repeated doom and gloom predictions from pundits and critics of digital assets. As recently as last week, the New York Post published an article that was barely a few sentences of useless counterarguments against Bitcoin’s recent rally, asserting the cryptocurrency would soon reach zero.
But have you ever watched Bitcoin almost hit zero right before your very eyes? That’s what happened overnight last night on the Kraken cryptocurrency exchange during trading sessions of the BTC/CAD pair. BTC as you know is the “cashtag” or trading symbol of Bitcoin, and CAD is the symbol for the Canadian dollar.
Crypto traders who keep a small amount of fiat on reserve with bid orders for crypto assets placed extremely low in case of a flash crash, may get filled and experience the most profitable trade of their lives in a matter of seconds.
Furthere Read:
https://www.newsbtc.com/2019/05/31/bitcoin-price-flash-crashes-btc/This is a very interesting news and one that can happen only in a blue moon. Isn't it amazing that the prophets of gloom and doom predicting that bitcoin can go zero in price -- will have their field day on this unique event? How lucky are those who were able to buy bitcoin at just 100 CAD.