SBD just flash crashed on Bittrex

in #sbd • 5 years ago (edited)

SBD/USD just flash crashed on Bittrex to 0.0295$ and is now back up @ 0.98$ again. You read that right, below 3 cents and back up again. Was it a fat finger?

One thing is for sure, there are not many buy orders left down there in the order book right now, because most of them just got filled.

Will this be the start of a new raging Bull in SBD? I certainly hope so. The SBD pump an dump in Nov 2017 is what started the last STEEM bull run...

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Quite a big drop for a pegged stable coin... (hint: it is only soft-pegged, which in laymen terms means "not pegged at all, it's a myth. The belief that it's pegged keeps the price near 1 $ most of the time"...)

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Feel free to use and share my charts, but please mention me, @ew-and-patterns as the author. Otherwise it is considered plagiarism and I will flag you and advise my friends to do the same.
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Please consider leaving a comment, like or resteem, if this post entertained you or helped you see things differently...

Have a nice day :-)

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#bitcoin #cryptocurrency #palnet #steemleo
5 years ago in #sbd by
$1.97
  • Past Payouts $1.97, 0.00 TRX
  • - Author $1.51, 0.00 TRX
  • - Curators $0.46, 0.00 TRX
60 votes
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    • [-]
     5 years ago 

    Wow and resteemed :-)

    [-]
     5 years ago 

    ;-)

    $1.00
    • Past Payouts $1.00, 0.00 TRX
    • - Author $0.76, 0.00 TRX
    • - Curators $0.24, 0.00 TRX
    7 votes
    Reply
    [-]
     5 years ago 

    on bittrex anything can happen hahah

    [-]
     5 years ago 

    Wow do you know the volume of this candle? How many buy orders where filled to clear the whole orderbook? impressive I wonder what really is going on.

    $0.00
      Reply
      [-]
       5 years ago 

      No, I don't know if it was high volume or not.

      $0.93
      • Past Payouts $0.93, 0.00 TRX
      • - Author $0.70, 0.00 TRX
      • - Curators $0.23, 0.00 TRX
      7 votes
      Reply
      [-]
       5 years ago 

      Wow!! To just only $0.03?! That's terrifying!... well, glad it went back up.

      $0.00
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        [-]
         5 years ago 

        Ahaha fail seller

        $0.00
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          [-]
           5 years ago 

          If it wasnt being traded on external exchanges I think they would be able to keep the price more stable but as we have seen the ultra low supply of SBD allows for easy price manipulation.

          $0.00
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