Comment on The reason Bitcoin Crashed todayparentComments−kyrias13ySomeone made lots of offers of 0.02 bitcoins for lower and lower price−ponyous13yThis wouldn't drop the price. There were just too many transactions and their engine couldn't handle it. So:-> Lag -> Panic -> Selling -> Price drop
Comments
Someone made lots of offers of 0.02 bitcoins for lower and lower price
This wouldn't drop the price. There were just too many transactions and their engine couldn't handle it. So:
-> Lag -> Panic -> Selling -> Price drop