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/biz/ - Business & Finance

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21288218 No.21288218 [Reply] [Original]

What happened here? This is so weird. Did it really go to .1 or did they freeze link for a day?

>> No.21288237

>>21288218
Cayman Islands

>> No.21288239

>>21288218
Flash crash so cz got get super cheap linkies

>> No.21288242

>>21288218
It just means that somewhere there was one sale at that price

>> No.21288256

Someone scooped up nearly a million LINK for less than $100. Fucking lucky bastard.

>> No.21288272

>>21288242
Really makes you think huh?

>> No.21288297
File: 6 KB, 244x207, czthemeans.jpg [View same] [iqdb] [saucenao] [google]
21288297

>>21288272

>> No.21288340
File: 14 KB, 278x278, eSXubsCD_400x400.jpg [View same] [iqdb] [saucenao] [google]
21288340

>>21288256
Legends say that man is now a trillionaire

>> No.21288734

you really weren't here in march? someone mega dumped and there was a buy order there placed almost immediately after link was listed. probably cz

>> No.21288778

It actually went to 0, someone cleared all the orders when they market sold.

>> No.21289406

>>21288218
it also went to $999

>> No.21289435

>>21288218
binance only. "glitch" aka CZ's scam wick to liquidate everyone

>> No.21289982

>>21288218
the chainlink price oracles failed, causing millions of dollars in losses

>> No.21290553

>>21288218
Yes; it also went to $40,000 for a few seconds once last year, too.

>> No.21290598

>>21288256

>Someone

It was clearly CZ

>> No.21290962
File: 172 KB, 730x486, elizabeth-holmes7.jpg [View same] [iqdb] [saucenao] [google]
21290962

>>21288218

>> No.21290988

>>21289406
$10k nufag

>> No.21291141

>>21290553
It went to 300K afair

>> No.21291160

>>21290598
Who’s cz

>> No.21291180

>>21291160
Founder and CEO of Binance.

>> No.21291231
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21291231

>>21288218
that is literally a final shakeout, what is more of a shakeout than 0.0001 USD

>> No.21291231,1 [INTERNAL] 

since everyone here is retarded, here is what actually happened.

>Hacker gets access to account with 1,000,000 link
>cant move funds off of account since its locked
>places buy order for 1 million link on his own account at the bottom of the orderbook
>sells million link into his buy order
>now legit owns $15,000,000 in link

>> No.21291317

>>21288218
imagine trusting cz to not scam you out of your stops by manipulating his bots after binance got caught selling ftx tokens at a 30% premium and then pulling the rug

>> No.21291455

>>21291317
Imagine trusting a chink in 2020

>> No.21291909

>>21288256
Who is the unlucky guy though?

>> No.21291978

>>21288734
So can I get liquidated on Aave if this happens again or no because they use Chainlink ?

>> No.21292033

>>21289435
It didn't liquidate everyone though. I had a long position open on Binance and did not get liquidated. I think some people did get fucked though. My liq was pretty low.

>> No.21292062

CZ with one of his trademark scam moves. It's amazing that Plebbit still idolizes him. Dodgy as anything, get your LINK off there.

>> No.21292239

>>21289435
I think nobody got liquidated by it. The story was that some whale panic sold and "someone" (read CZ) had buy orders down to 0.0001, which isnt even possible to place for people besides cz

>> No.21292321

>>21291978
You wont be liquidated if it wicks down like that on some exchange. You will be liquidated if prices stays for some time below your liq price on multiple exchanges

>> No.21292349

>>21288218
Corona virus was a hoax that crashed the economy for them to accumulate more linkies

>> No.21292402

>>21288218

It was some order on the books at binance and weird shit happened during that crash. There was a statement explaining it by CZ but can’t remember what it was. And yeah the volume was minuscule. Annoying how it defaces the chart though

>> No.21292425

>>21288256
>someone
the order was placed 8 secs after the pair went live on binance. it was an insider

>> No.21292432

>>21292239
Apparently the orders were there before they installed the feature limiting how far away you can set orders. Who knows

>> No.21292468

>>21288218
700,000

>> No.21292579
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21292579

>>21291231
>final
pls. set you stinky link bids below a dollar, itll wick there again

>> No.21292681

>>21291231
>11/20(Tue
I blivwvtgerecua

>> No.21292687

>>21292432
Yeah and they had to have been entered immediately after Chainlink was listed. So who the fuck except CZ would have let that through, let it remain, and then profited from it.

>> No.21292773
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21292773

>>21292681
municipal marmalade?

>> No.21292815
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21292815

>>21288256
it was 100k link not a million

>> No.21292964

>>21292062
>get your LINK off there.
Only true OGs will remember when we depleted cz's hot wallet through withdrawals fucking kek

>> No.21292990

>>21292815
unbelievable that the sell book was actually that thin, binance must have cancelled a ton of it's own orders

>> No.21293162

>>21292990
yeah, it was only a 400k link market sell