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.
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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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My point exactly. Not complaining about the price movement thats part of the game. It's all about the fact some of us were prevented from taking action before it was too late.