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<p>[QUOTE="-jeffB, post: 2775795, member: 27832"]And which side were you on yesterday?</p><p><br /></p><p><font size="6"><b><a href="http://www.businessinsider.com/ethereum-flash-crash-explained-gdax-2017-6" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.businessinsider.com/ethereum-flash-crash-explained-gdax-2017-6" rel="nofollow">Ethereum had a flash crash — here's what happened</a></b></font></p><p><br /></p><p><img src="http://static5.businessinsider.com/image/594ba95ae92b941e9549f107-1299/flash%20crash.png" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /> </p><p><br /></p><p>While this chart doesn't report it, CNBC is reporting that Ethereum was trading on one exchange a low as <b>ten cents</b>.</p><p><br /></p><p>Adam White, a vice president at GDAX (one of the biggest Ethereum exchanges), made a public statement that the exchange worked exactly as designed, and that no trades would be unwound. Sweet! At least for the folks who got to <i>buy</i> at ten cents. For the ones who had stop-losses triggered or automatic short-covering, not so much.</p><p>[/QUOTE]</p><p><br /></p>
[QUOTE="-jeffB, post: 2775795, member: 27832"]And which side were you on yesterday? [SIZE=6][B][URL='http://www.businessinsider.com/ethereum-flash-crash-explained-gdax-2017-6']Ethereum had a flash crash — here's what happened[/URL][/B][/SIZE] [IMG]http://static5.businessinsider.com/image/594ba95ae92b941e9549f107-1299/flash%20crash.png[/IMG] While this chart doesn't report it, CNBC is reporting that Ethereum was trading on one exchange a low as [B]ten cents[/B]. Adam White, a vice president at GDAX (one of the biggest Ethereum exchanges), made a public statement that the exchange worked exactly as designed, and that no trades would be unwound. Sweet! At least for the folks who got to [I]buy[/I] at ten cents. For the ones who had stop-losses triggered or automatic short-covering, not so much. [SIZE=6][B][/B][/SIZE][/QUOTE]
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