Where were you when this happened?

Where were you when this happened?

The guys that bought at $13 are happy

>inb4 it jumped back up

So basically buy now? Or is the system flawed?

good can't wait for the glut of gpus so I can get one extra cheap now

Holy fuck. People were banking on this to skyrocket and make them all easy millionaires.


You aren't just looking at a chart, you are looking at many individual lives being absolutely fucked over in ways that they can't recover from.

Yea but thats life. If you invested EVERYTHING you have in ONE damn crypto currency you kinda deserve it. Spread the risk or get fucked.

it bounced back instantaneously.

t. /biz/

+1

See:

What does this even matter unless you're an algorithmic trading faggot

>algorithmic trading faggot

getting money out of the baking system is a bad thing now?

Those damned bakers!

And you guys say central banking currency is terrible. hahahahahahaha

why do you think pricing for cryptocurrency has gotten so crazy recently? (hint: it's not plebs like you and i driving it up.)

this

failing at capitalism

I tried lurking /biz/ but it's all coin faggotry and sounds scammy. I just want to make money

That's what you get for falling for a pump-and-dump coin.

For how low will I get a 1070?

>he fell for the crypto meme

fall for the gold meme next time senpai

Shit, how do I buy this stuff ASAP before it shoots back up?

>she's too big to sink

F A K E N E W S

IF TRADERS ARE LIVID THAT PROBABLY MEANS THEY BUSTED THE TRADES AT $13

EVEN REAL LIFE EXCHANGES BUST TRADES BUT VERY RARELY

CRYPTO IS SCAM CITY, CRIMINAL SCUM CENTRAL

DAMMIT. I MISSED IT. NOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

my friend just put in $5k of ethereum, had been trying to get me to buy it.

He bought it like 2 weeks ago at $166 a coin and it jumped up to like $360 and he was like "I told you"

I don't do crypto since losing a mere $50 on like... ghostcoin or something 3 years ago

Too many people trolling the internet spamming message boards "GUYS THIS IS THE NEXT BITCOIN" and inflate the price then dump their shares at high prices and it goes in the toilet

Just logged on to coinbase:

"All ethereum trades have been frozen due to a backlog, we are working on the issue"

It's at above 300 again.
I've made about 100 grand out of 8 grand with these 'meme' coins, bitcoin and eth, even though I fucked up a stop limit and sold my eth at 80.

I was refreshing my browser hoping $SHIP stops being a faggot

Troll.

Some redditard fat fingered his sell order and it triggered a bunch of stop losses. That's all.

oh nice i didn't even think of this

Just started mining this shit for beer money but id rather it actually crash so rx480s stop selling for 600 fucking dollars

thank god i exchanged my eth for btc in the early days

Who was the famous person shilling for ETH?

do you know how pump and dump schemes work? price will go back up because people are retarded, its good that the weebs found a scam of their own enjoy your extra neetbux and watch out for the irs

NOCOINERS ON SUICIDE WATCH

faggots who have no clue what a flash crash is

i didn't even shit on your neet investment, just dont go yapping about how it will replace real money one day or i will find you and kill you

the decentralized meme crypto

don't invest if you enjoy your money

hahahaha, keep on feeding scammers, sucker

>tfw I only made $20k off crypto

what? i goes back up so long as people don't do the retarded thing and sell out before it recovers
if you actually can't afford rent or whatever because you spent all on ether and nothing else, chances are your money was going to be taken from you anyways.
right now people can go apeshit and buy at 15$

Come on now , I think famous is a bit of a stretch.

>mfw I know who triggered the flash crash by selling off his massive amount of ETH to trigger liquidation

Last time we spoke he was up more than $8 million.

ETH attracted normies, and normies know fuck all about cryptos.

bout tree fiddy

good luck collecting

It's already in BTC and a few other cryptos, and safely stored in his wallets.

I'm assuming he's going to start liquidating those in the very near future, hopefully without triggering a collapse to BTC.

Already back up to 300 or so.

Some guy accidently put in a sell order for 13USD instead of, what I assume was .13 satoshi. Then, since that was the new price, i assume some people boting auto sold at that price 2. Someone just made a lot of money.

It's a simple scam we used to do with BTC back in 2014.

>Sit on lots of BTC
>BTC price at $100
>Know that a lot of normie idiots have auto-sell at $80
>Wait for lots of buy-orders, sell all BTC for $100-$80
>This triggers the auto-sell for the normies leading to a very rapid crash
>Buy in a minute later at $10
>Price stabilizes somewhat close to $100
>???
>Profit

And it'll happen again and again and again. Because normies never learn.

>some idiot entered $3 instead of $300 for his sell price
>coin-based trading programs don't have backups to stop this dumb shit
>people who set super-low buy orders took his money
>OMG GUISE TI'S OVAR!

>investing in cryptocurrencies

It's scam based on nothing and will eventually fail

Christ did someone sell a ton of ETHat market instead of using limit orders? Then there were other idiots with stops that also sold at market. Stop using stops! Wish I had a standing buy order in that cheap, easy money.