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Anonymous
Ramifications of yesterday's flash crash 2017-06-22 10:51:36 Post No.
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Ramifications of yesterday's flash crash 2017-06-22 10:51:36 Post No.
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So apparently the people who fucked over by yesterday's event and lost millions want to sue Coinbase/GDAX. I'm not sure that they have a good case against them and I don't care, what I care about is the damage that such a thing can do to crypto.
Just imagine the normie news outlets going apeshit with the news: "IF YOU BUY BITCOINS YOU RISK LOSING EVERYTHING - happened to these people" "LAWSUIT FILLED AGAINST U.S. BIGGEST CRYPTOCURRENCY EXCHANGE - millions of dollars involved" " "USERS LOST EVERYTHING ON BIGGEST BITCOIN EXCHANGE - experts recommend staying away from cryptocurrencies"
Could such a thing trigger a reversal of the current normies investing trend and result in a massive crash/downtrend?
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>>2570757
>normies investing trend
What makes you think this exists?
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>>2570757
>want to sue Coinbase/GDAX
Nice source.
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What did Coinbase/GDAX do wrong?
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Normies are not investing.
By the time BTC is easy enough for them to invest, they will no longer remember what happened yesterday.
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>>2570757
mfw the flash crasher actually got a fair dollar cost average compared to the price in the coming months
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>>2570918
Nothing. Everything worked exactly the way it was supposed to.
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>>2570918
sold 300k ETH for 10cents!
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