Someone bought 7000 ETH for 10 Cents

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>>2549489

I want to buy 7000 eth for 10 cents

>>2549489
this is like the flash crash of 2010

How the fuck

>>2549489
Starvation probably
Maybe freeze to death
Maybe go on food stamps and welfare and live a pretty much normal life because USA won't let evolution work and I'll still get to pass my shitty genes on to the next generation and we'll all be fucked because 300 years from now the only people around are those that were bred while their moms were on welfare and food stamps and its in our DNA now to be welfare queens.

Which exchange was that? 24 hour low on Bittrex is $292.00, which is pretty bad itself.

My tummy is sick

screenshot from which site?

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>>2549489
>this actually happened right now but with ETH

>>2549489
lmao what the fuck

God damned. That's $2.1M made in less than 5 seconds, for $700 initial investment.

I wonder what religion that lucky money-merchant is.

>>2549533
this was on gdax you can see it in the order books

Meanwhile my position got closed and I'm out $600

Pass the bleach, bros.

Imagine setting a stop loss at 290 then having it hit at 10 cents. That's what happened here

>>2549581
they will reverse the trades, this was obviously a glitch, there wasn't enough volume for it to be real

Lol. Some master trader just got rich. Some biz coinfags lost their last 1000. LOLOLOLOL

So the lesson here is to set buy orders for very very very little
right?
and pray to god that this happens again

>>2549600
No way. If I bought at 10 cents and they reversed, I'd sue them into the ground. That's fraud.

Umm how?

>>2549600
If they reverse it I LL sue. It's the free market.

>>2549489
Why kill yourself? Just have senpai teach you the ways of buying low.

>>2549609
That's not enough though. You would still have to be insanely lucky to be selected out of all the thousands of people.

>>2549609
Also pray to god that it it's just a flash crash and not a real crash.

>>2549622
>>2549626
go ahead and try. but you should read their ToS first.

>>2549622
And if they don't reverse, then people are going to sue them below the ground. They're going to have to go with what will hurt them least. They will reverse the trades

>>2549631
Lukcy what? This guy clearly cleared all existing offers.

>>2549590
>Imagine setting a stop loss at 290 then having it hit at 10 cents. That's what happened here

Please explain this in terms any retard can understand because it makes absolutely no sense, this has to be a glitch

>Fuck this shit
>Fuck my life
>I hate being rich
>Fuck everything
>market order sell it all I don't give a fuck

>>2549659
Because he was lucky

>>2549692
>be ethfag
>using gdax
>want to sell if eth goes below 290
>set stop loss at 290
>everyone sells at once
>not enough bids to fill sell orders
>stop losses trigger then sell to the highest bid
>highest bid is 10 cents

WEW
E
W

>>2549692
In a stop loss you set a order to sell if it goes below a certain price. Some special braindead people set the minimum execution price at 0 because typically it wouldn't execute that low anyways..

>>2549622
>>2549626

This already happened before with Gemini. How new are you retards? They're going to reverse.

>>2549622
>>2549657
Losers like you don't even read their terms of condition / user agreement. When agreeing to use an exchange, you basically lose your rights as a consumer, they can do whatever they want without any legal consequences.

>>2549786
I'd be sending to a private wallet as soon as I got some ETH this cheap.

>>2549827
>he read the terms and conditions

Plz leave grandpa

Guys what is done is done, more importantly, if Cuckbase reverses how is that going to impact both BTC & ETH price?

Would it result in a crash?

>>2549827
>what is a contract of adhesion
>what is federal supremacy of the SEC

>>2549850
When you're not an edgy teenager anymore who's seen some shit, terms of conditions is the first thing you read when you have an IQ > 100

>>2549892
it's a joke buddy

It's fine though I know you're upset you lost so much money today

>>2549892
why bother almost every TOS is we do what we want and don't give a shit, all data harvested sold to the highest bidder

>>2549489
If I had a stop loss for the last executed trade <= x, would he have triggered my order?

>>2549848
You can't. Withdraws were already disabled, network at a standstill, and coinbase doesn't allow you to withdraw anywhere near that amount.

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AHAHAHAHAHAHHAAHAHAHA

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>>2549489

>>2549954
Place a Stop Limit. Never do Stop Losses

>>2549850
>>2549866
>>2549911
>>2549921
>"THE COINBASE SERVICES ARE PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS WITHOUT ANY REPRESENTATION OR WARRANTY, WHETHER EXPRESS, IMPLIED OR STATUTORY. TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, COINBASE SPECIFICALLY DISCLAIMS ANY IMPLIED WARRANTIES OF TITLE, MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND/OR NON-INFRINGEMENT. COINBASE DOES NOT MAKE ANY REPRESENTATIONS OR WARRANTIES THAT ACCESS TO THE SITE, ANY PART OF THE COINBASE SERVICES, OR ANY OF THE MATERIALS CONTAINED THEREIN, WILL BE CONTINUOUS, UNINTERRUPTED, TIMELY, OR ERROR-FREE."
this kind of shit is of course intentional and the owner is part of the scam

>>2550057
It wouldn't be a warranty claim, so that clause doesn't apply.

t. Lawfag

Smells like a scam

Just wait until this shit is regulated

>>2550207
Once it's regulated, Wall Street money can jump in.

>>2550207
I'll be a millionaire if this all gets legitimized, I can't wait

How is that possible

>>2549489
What did I miss that people were selling ETH for 10cents?

>>2549514
margin trading normies kek

>>2550293
a gdax glitch that will be reversed, buy while it's low

do we buy it now ?

>>2550049
>stop limit orders aren't possible on Bittrex
FUCK

>see thread and notice how nobody knows what their talking about
>these are eth bagholders
>realization that this coin has no good outcome

sell it all

>>2549622
newfag

>>2550349

>glitch

It was an unfortunate stop loss where they sold at market price at that second.

to all the people saying it was a glitch and they are going to reserve it.

NOPE. Somebody sold about 90-300k eth so it ate up all the orders until 10cent

>wfw $7 was today

>>2550407
except gdax api data had it at 8-13k ETH. ie: a glitch

>>2550504
>withdraws eth until maxes out deposit
>reverses and puts your account into negative
>"oh fuck, wait I don't give a fuck."

>>2550526
they disabled withdrawals

>>2550504

>what is liquidation?

Face it anon, someone got flash crashed and you're just a bitter bagholder.

>>2550536
>tfw I have bought eth a few days ago and it doesnt get to my coinbase account until frday

feels bad

>>2549489
Absolutely incredible.

>>2549489
how to pull off something like this? Set buy order at low price and wait for fuck ups?

>>2549489

I can see 3809, where is 7000 ETH? Also wasn't it 13$ the lowest point and not ten cents?

Thanks.

>>2549866
>international exchanges for electro funny-money you've waived rights on being accountable to one particular regulatory body for one particular branch of finance in one particular country
Fucking kek mate honestly
You'd be better off using your btc to hire mercenaries on the dark net to get it, seriously

>implying they aren't going to have to reverse this.

literally zero chance this will stick

>>2549622
if that happened to me I'd withdraw that bitch to multiple wallets immediately

>>2550638
I'm wondering the same someone please shed some light

>>2549489
only place we can se such gains is coincasinos.io

>>2549489
This guy transformed 300$ into 2,000,000$ in a split second. Impressive, I bet he is drinking champagne right now.

>>2550869
no, retard, he had to buy the entire sell order first. it's a whale, not a random dude who places 300$

>>2550922
this is the correct answer. fucking whales

>>2550922
fuck are you talking about

>>2550922
what if a whale bought everything then some dude came in at 10 cents?

it's just the cia trying their new algo, nothing to see here

http://www.coindesk.com/13-ethereum-ether-prices-plunge-2500-gdax-exchange-flash-crash/

>>2550638
>>2550747
https://api.gdax.com/products/eth-usd/trades?after=6326600

eth coming back on a breakout. Buy for a short term gain

>>2551422

Thanks mate. Can you tell me why is in every article and on gdax lowest point 13$ when it clearly is not?

>>2551422
What the fuck happened here?
This can't be an accident. Maybe Vitalik is trying to dilute eth?

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>>2549489
>put in an order at 10 cents
>some mad man actually sells it to you

>>2551329
It must make people feel sooo secure knowing that cuckbase can just block withdrawals of your coins whenever they want to.

>>2551761
yeah I'm taking all my shit out of cuckbase

>>2551661
yeah but now everyone's going to do it

>>2551661
Lucky motherfucker

>>2549489
I believe you but why doesn't the candlestick chart say it went under $1.