You are viewing a single comment's thread from:
RE: $13 ETH and Coinbase Down again!
I've seen reports of people with margin calls losing their entire portfolio...
eg. 400 ETH
2.3 ETH on margin
400 ETH sold for $2 a piece
Ouch. Ouch. Ouch.
I've seen reports of people with margin calls losing their entire portfolio...
eg. 400 ETH
2.3 ETH on margin
400 ETH sold for $2 a piece
Ouch. Ouch. Ouch.
@blakeh - I've seen a bunch of messages like that too on Reddit an Twitter...
Absolutely brutal. (I always trade with limit orders and never use margin so my only regret is not having set a limit order that seemed crazy at the time.)
There is metion of an ICO that caused it on ZeroHedge. http://www.zerohedge.com/news/2017-06-21/ethereum-flash-crashes-after-status-ico-clogs-network