SBD just flash crashed on Bittrex
SBD/USD just flash crashed on Bittrex to 0.0295$ and is now back up @ 0.98$ again. You read that right, below 3 cents and back up again. Was it a fat finger?
One thing is for sure, there are not many buy orders left down there in the order book right now, because most of them just got filled.
Will this be the start of a new raging Bull in SBD? I certainly hope so. The SBD pump an dump in Nov 2017 is what started the last STEEM bull run...
Quite a big drop for a pegged stable coin... (hint: it is only soft-pegged, which in laymen terms means "not pegged at all, it's a myth. The belief that it's pegged keeps the price near 1 $ most of the time"...)
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Wow and resteemed :-)
;-)
on bittrex anything can happen hahah
Wow do you know the volume of this candle? How many buy orders where filled to clear the whole orderbook? impressive I wonder what really is going on.
No, I don't know if it was high volume or not.
Wow!! To just only $0.03?! That's terrifying!... well, glad it went back up.
Ahaha fail seller
If it wasnt being traded on external exchanges I think they would be able to keep the price more stable but as we have seen the ultra low supply of SBD allows for easy price manipulation.