✴️ STEEM PRICE "FLASH CRASHED" TO .04 CENTS ON BINANCE! WTH! 🤔 😳

in #charlesfuchs6 years ago (edited)

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What's Up STACKERS!

You did read that title right! Steem just had a one of those "Flash Crashes" to .04 cents a few hours ago. A missed opportunity if you say so myself.

So what did really happen? No one really knows for sure. 🤷‍♂️

It could of been caused by a whale, a trading group, manipulation, or one of those "fat finger" mistakes some people do but I highly doubt it...



All I know is that tons of people who had buy orders already placed in on Binance got some really cheap ass Steem!

Last year, I had lots of "very low" market orders in placed on dozens of cryptocurrencies just in case a "fat finger" opportunity like this rises.

However, with the bear market in tact. I didn't have any "low" buy orders on Steem because the only pairing Binance has is STEEM/BTC. (In other words, you need to have bitcoin to set a market order).

If Binance had a Steem/USDT or Steem/TUSD, I would of banked a lot of Steem and became a whale instantly! (maybe) hahaha.

Kinda confused? A good example is placing a buy order for Bitcoin at $1500 (BTC/USDT) right now and if a huge flash crash happens, you automatically buy it at that price. 📈📉

We seen a similar thing happen to ETH in December in which tons of sell orders (or a fat-finger mistake or manipulation) came through and those who already had a buy orders placed got ETH for around $15. 😨

This happens all the time in the crypto space but are really rare. I recommend that everyone should have a Binance account at least.

You can open a Binance Account Here.

I don't advice people to hold a lot of "Crypto" on exchanges.

However, Binance has been a top crypto exchange for over a whole year and having a little BTC or some Stable Coins can be huge by placing lots of low buy orders on several coins.

So what that being said, no one knows for sure what causes this huge flash crash of Steem. I just hope it wasn't Steem INC. selling but I doubt it. Anything is possible in the world of crypto. ‍♂️

Keep On STACKIN! 💞

~ Charles Fuchs

For those who's interested in following my "Content" and "Daily" Posts... you can just follow me @stackin to get my updates.

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Damn, that would have been sweet to get some cheap!

That’s what I’m talkin about lol

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OMG buddy such a huge opportunity missed 🤦‍♂️

I always air on the side of intention when it comes to the markets, so many out there could make a swing like that happen just playing with what they consider pocket change!

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That $35 ETH swing in December was nuts.... I got to be prepared next time lol

😯🧐

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I know right? 😂

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Hopefully just a fat finger like you said. Go Steem!

It was one of the biggest “fat fingers” I’ve seen in a while 🖐🏽 😅

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Yea got some orders filled. How I wish I got more cheaper orders.

You did! That’s awesome! Only if Binance had a Steem/StableCoin ... I would of got tons of steem! 😒🤣

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That would be awesome! I usually like to put those super cheap orders for fun, I wonder why not yesterday though lol. Just can never be rich. haha

dang what a deal! lol

My eyeballs were like this 😳 when I seen that chart on Binance 🤣

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It looks like 700k was bought? Wonder if Ned just dumped lol

The drama continues 😅

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lol Those lucky ones : )

That’s up to 10x on there crypto! Damn, I missed out lol

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1k USD invested and get 25k Steem and sell again at 8.5k USD

Damn that would have been a great investment lolz

Someone made quick Kash lol

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Anyone get any stink bids filled?

I think there were a few but they are keeping it quite 😅

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lol maybe ned had the fat finger :-)

Dude! 😂🤣😅😂🤣😅

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