Bitcoin Flash Crash

[Zed0X]

Any lucky buyer here from the Bitcoin flash crash on Kraken?
Story: https://www.newsbtc.com/2019/05/31/bitcoin-price-flash-crashes-btc/

This surely is an error but whoever placed those extremely low orders and left it for years are extremely lucky.

[toheed2x]

wow really happens that on Kraken ? some very lucky guy

[damsix]

I have an exchange Kraken account but have never used it for various reasons.
Unfriendly UI, non-variable coins, KYC is difficult to do and a lot of it, so I'm also not one of the lucky ones from this incident in the Kraken Exchange.

[alltalk]

I have an exchange Kraken account but have never used it for various reasons.

Yes, it clearly shows that you are not the lucky one.
I think it is no problem because you can be the lucky one on the other exchanges.

There are many exchanges that possibly have the same cases like Kraken has. You just need to monitor the price movement regularly.
I also never use Kraken, mostly spend my time on Binance or indodax.

[cheezcarls]

It was highly expected that Bitcoin would be pulled down before Bakkt's Bitcoin futures trading would officially commence on September 23rd. I honestly think that the Bitcoin bear whales are the ones pulling it down from $10.2k to $9.9k before slowly climbing back to $10.1k again.

The main reason is that they're going to accumulate more Bitcoins before the much anticipated Bakkt trading on September 23rd. Just like Bitcoin's bull run after the announcement of Facebook's Libra coin, I would honestly think that there's a possibility that we will be experiencing the same thing as well.

However, I would not fully expect of it. Let's just see after Bakkt Bitcoin futures has gone live.