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re: Official CryptoTalk Thread

Posted on 6/21/17 at 5:11 pm to
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
469664 posts
Posted on 6/21/17 at 5:11 pm to
i was just joking. i bought at 300 and it looked like it was swinigng up. hit 310 in like 5 minutes. it's just back down sub-300

it will swing back up at some point. hope to be able to sell at 350 or so in a couple days

if it crashes, then i'll just move the ETH to CB and hold
Posted by kc8876
Member since May 2012
3624 posts
Posted on 6/21/17 at 5:12 pm to
It just owns gdax, they are completely different platforms. The fees and transfer times and overall speed are not close to the same
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 6/21/17 at 5:14 pm to
i mean someone sold 3809 ETH for only 10 cents



IF this is not a glitch, i don't think this whale knew what a "market sell" would do and he liquidated his millions for pennies
Posted by dkreller
Laffy
Member since Jan 2009
33620 posts
Posted on 6/21/17 at 5:16 pm to
Learning lesson for us all when we get to Lamboland.
Posted by LSUtoOmaha
Nashville
Member since Apr 2004
26725 posts
Posted on 6/21/17 at 5:16 pm to
Hard to believe a whale would be too dumb to sell in increments
Posted by The Boat
Member since Oct 2008
176169 posts
Posted on 6/21/17 at 5:16 pm to
400 we hardly knew ye
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 6/21/17 at 5:24 pm to
ya i guess he could have played this on the other end to get filled at the bottom

with that said, if youre a newly minted cyrptonaire by pure luck/timing, then i could also see this person putting a market sell order out there, not fully knowing the consequences of doing so. damn.
This post was edited on 6/21/17 at 5:25 pm
Posted by LSU fan 246
Member since Oct 2005
90567 posts
Posted on 6/21/17 at 5:24 pm to
[
This post was edited on 2/8/18 at 12:52 am
Posted by TomRollTideRitter
Member since Aug 2016
13219 posts
Posted on 6/21/17 at 5:27 pm to
Nevermind I didn't lose the 1k. I forgot I had a high sell order open for the shares I bought at 320 today. I thought it had sold my stuff for cents even though I didn't put a stop limit.
This post was edited on 6/21/17 at 5:29 pm
Posted by PillPusher
Gulf Coast
Member since Oct 2009
5926 posts
Posted on 6/21/17 at 5:31 pm to
Yeah it could have easily been some nerd who backed into a few thousand ether and had no idea how markets work and the consequence of selling off like that.
Posted by engvol
england
Member since Sep 2009
5318 posts
Posted on 6/21/17 at 5:38 pm to
Or trying to sell 0.1 ETH @380 and frickkng everything up
Posted by jondavid11
benton,la
Member since Aug 2007
1169 posts
Posted on 6/21/17 at 5:43 pm to
Could be a thief. I saw some lookalike Civic things on twitter with addresses posted. With these two big ETH based ICO this week, and alot of new money, I could see someone scaming a bunch and then having to flip it quick with a market order.
Posted by TomRollTideRitter
Member since Aug 2016
13219 posts
Posted on 6/21/17 at 5:49 pm to
Looks like a lot of people are trying to sell on GDAX.
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 6/21/17 at 5:51 pm to
ya the volatility on gdax is going to be insane once trading resumes
Posted by jondavid11
benton,la
Member since Aug 2007
1169 posts
Posted on 6/21/17 at 5:53 pm to
GDAX wouldn't let me put in any order about an hour a go. Just let me put in a $50 limit order. Didn't fill of course but it's in.
Posted by PillPusher
Gulf Coast
Member since Oct 2009
5926 posts
Posted on 6/21/17 at 5:55 pm to
Meanwhile the price keeps rising on polo
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
469664 posts
Posted on 6/21/17 at 5:57 pm to
quote:

Meanwhile the price keeps rising on polo


Posted by UnluckyTiger
Member since Sep 2003
42224 posts
Posted on 6/21/17 at 5:59 pm to
Bout to get real weird
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 6/21/17 at 6:02 pm to
what are the gdax baw strategies here?

i think id be hitting market buy as soon as this shite opens
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
469664 posts
Posted on 6/21/17 at 6:04 pm to
i have no fricking clue what's going to happen b/c i can see a delayed panic leading to an insane surge, or just a surge, or just a panic
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