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RE: (VIDEO) Tech Rebound, Crude, Gold, Silver, Crypto, PLUS! A Surprise. By Gregory Mannarino

in #money • 7 years ago

What is up with Ethereum? I heard from a reliable source there was a flash crash to $.10 after someone sold 100,000 coins.

7 years ago in #money by
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     7 years ago 

    I read somewhere today (sorry don't have a link at the moment), the Status ICO was using the Ethereum blockchain and the popularity of Status was causing major delay and fees on Ethereum. Looks like growing pains on the horizon. Lets not forget that Bitcoin has survived some massive user expansion and proven itself robust. There are a lot of new cryptos out there that have yet to be battle tested. It is going to be an interesting year to watch it all go down.

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     7 years ago (edited)

    Apparently, the price of ethereum really did plunge to $13 on the GDAX exchange earlier today. At the time of this post, ethereum is at about $298. Wild. Just wish I had been able to scoop some up at $13! http://www.coindesk.com/13-ethereum-ether-prices-plunge-2500-gdax-exchange-flash-crash/

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     7 years ago 

    Rumor is it went as high as $15,000 within that swing down to $13

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     7 years ago (edited)

    This note is currently on Coinbase.
    The Ethereum network is experiencing heavy load that may cause delayed confirmations for both sent and received transactions.

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     7 years ago 

    The price seems to have settled again over $300

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