Would be great to hear your take. Should we roll back your trades out of fairness?
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No, please don't roll it back!
I've had capital tied up on the sidelines just waiting for an opportunity like what happened today to occur; I figured there would be a sweep to flush out stops, so I placed a low bid at historic support level, and I'm happy with trade.
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In crypto, I've come to expect big volatility swings when price action is showing weakness... I've learned that it's the nature of this game. So I will take the chance that these things happen and use them to my advantage... and BTFD.
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I'm open to other solutions but it seems like the main thing is trader education. People at least pretend like they didn't understand this possibility.
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Responsibility for what? Honestly. Poor trader education courses?
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Exchanges don't control prices. Prices are up to market participants. You assume the other exchanges could have handled the same sell pressure but I haven't seen the analysis yet.
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Why is it far fetched? Why speculate when you can look at the data? Exchanges get disconnected all the time. Could be other exchanges actually malfunctioned and they felt like they had some culpability. Nothing seems to have malfunctioned here.
it is almost more disturbing that something wasn't malfunction that lead to 50% dislocation in price from other exchanges lol
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Was the API functioning allowing trades during the event? I can't tell the value this spike went to, it's off the chart beyond 2 seconds.
That looks like a malfunction to me.
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Yes.
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