Bitcoins at $0.32

in #bitcoin5 years ago

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The fact that large platforms in the cloud have their servers down causes disastrous situations: in many cases widely used services stop working totally or partially, but things can also get ugly for the markets for buying and selling crypto currencies.

This is what is happening in some of those exchanges in Asia, where the AWS service is down for example in Tokyo. This has caused instability in the systems of these markets, which in turn has been taken advantage of by some investors who have supposedly been able to buy a bitcoin at 0.32 dollars when its real value is around 10,200 dollars at the moment.

Bitcoins at laughter price

According to Dobey Wan, one of Primitive Ventures' partners, problems at Amazon Web Services have caused many Asian exchanges to suffer serious problems in their systems that have enabled extraordinary buying and selling operations if customers had (limit orders).

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In this image you can see how the value of the bitcoin changes in a coherent way around 10,100 dollars when suddenly it jumps to be for a few moments at 0.32 dollars.

That is the moment when those purchase orders could have been activated at absurd prices but that may have been taken advantage of apparently by some customers of services like BitMax, one of those affected by the falls, although there is no official confirmation that someone has bought BTC at that price in this or other exchanges.

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