Replying to Avatar ₿ Maxi Satoshi

The Coinbase, $COIN, crash just erased $100 BILLION of market cap in #Bitcoin  in 15 minutes.

Between 12:15 PM ET and 12:30 PM ET, Bitcoin fell from $64,000 to $59,000.

This was a near 9% swing in 15 minutes right as many Coinbase users began showing a $0 balance in their account.

It also happened to occur just as Bitcoin was less than 10% away from a new all time high.

Coinbase is reportedly still working on fixing the issue.

Avatar
10Luno 1y ago

Con-base (and that's not a typo) is selling paper-BTC so they don't have the actual #Bitcoin so have to resort to these tricks to keep from a bank run exposing their scam.

Reply to this note

Please Login to reply.

Discussion

Avatar
10Luno 1y ago

# Coinbase is a trojan horse ...

#happyHappyJoyJoyChart, the #RSI needs to come down for a significant rally to emerge for #Bitcoin. A red March or a few more flat months after should do it. Meaning nothing will happen at the halving, but after ... #NFA

https://www.dailymail.co.uk/yourmoney/banks/article-13161169/Coinbase-outage-buy-sell-Bitcoin.html

https://www.cryptopolitan.com/flash-crash-on-coinbase-sends-bitcoin-euro-tumbling/

nostr:nevent1qqsxfl5870rs9sxytn3ldl0lmufs3prplpv4h4vq3ay0xa29ya3en6gppamhxue69uhkummnw3ezumt0d5pzq5sw57mh23jkhycx6qwd56rfzeh24uercapuwkvgf6ek783dy6g6qvzqqqqqqys3kx9a