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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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thing is I didn't actually suggest or state a rollback is the solution at all that was self posed as the only solution by Jesse himself as the only thing they could do... this is a mishandling overall just from a PR and marketing perspective mind you a possible technical loophole
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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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not to sound like an ass but where in the trader education course is the part to expect a 50% dislocation in price in a major pair from the rest of the market ? are you legit not going to acknowledge some responsibility ? I guess legal is probably telling you no
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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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