Litecoin hits 99997,9 USD per Coin on Binance

in #litecoin6 years ago

This is not a joke and not from some illiquid exchange.
This happened today on Binance at LTC/PAX pair.

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Keep in mind withdrawals from Binance are closed until todays maitenance that will take 5-6 hours. Sick things may be happening till then.

So now you cant depo or withdrawal. Thats why i always say - have accounts on many exchanges. Then your trading doesnt stop.

Still you can make accounts on those to be ready for trades:

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PAX is a USD pegged coin.

Check my latest interview with Xinxi of LTC - https://fuk.io/exclusive-interview-with-xinxi-wang-of-litecoin/

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It could be that since the is a closed environment the price action is extra crazy, remember when, I believe Hitbtc, had closed deposits and withdrawals for Steem dollars and that little bit of liquidity became its own thing and traded over $40 at one point...

yeah just hitbtc are mad scammers when binance may not be ;)

Nice little dump can happen once/if everything is back to normal on binance, hackers may still have control over accounts so price manipualtion can be happening

Thanks for the news, I‘ll definitely have to hop on some of the exchanges you mentioned. I am only registered to five at the moment.

Posted using Partiko iOS

I should make a buy order of two dollars for BTC then.
I will sell it for 50,000 dollars so I can retire from steeming early. :D @kingscrown
Thank Tether for manipulating BTC.

it may work.. must u need to wait

That would change lives if it was the real deal.

it was real but i doubt the market was liquid at all

If you have just a few limit sell orders resting close to market, and one at 999999.99, then a market buy order or a buy with the wrong price can clear through all the testing orders and hit that absurdly high sell order at 999999.

But I thought Binance was not going to allow orders with price too far away from market so not sure how the above could have happened.

Heh. Woah. Thanks for the info. Odd.

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