Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency Trading => Topic started by: cryptothief on June 22, 2018, 10:27:18 PM
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I happened to notice a massive spike in one of the coins I follow and did a bit of research to find out why. Apparently it was as simple as a fat fingered trade by an eager investor, and the price jumped by 900% for around 2 hours. Not a huge amount of volume, so guessing the damage was reasonably limited, but somebody's wallet is considerably lighter today.
(https://i.imgur.com/OthT43I.png)
Just goes to show the importance of checking your zeroes, not so important if you add an extra one, but a killer blow with one less.
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Looks like a typical pump and dump but with a stronger correction than usual pump and dumps
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Agree, that's what it looks like, but it wasn't. It was a genuine fat fingered trade, the mythical unicorn does exist; just a shame I didn't have a couple of crazy sell orders up, would've been a nice early Christmas present. I might have to put some in now just in case, but get the feeling it's like locking the stable door after the horse has already bolted. Feel a tad sorry for the chubby trader too, expensive lesson to learn.
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Yeah, there was a time ETH dropped all the way to a few dollars for a brief moment. Someone cleared the order book on selling and it was massive, prolly lost a few hundred grand with that mistake.
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do you think the same happened with Peepcoin?