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RE: BREAKING NEWS: Ether Flash Crashes To A Penny / Margins Wrecked On GDAX / Coinbase Investigating

in #breakingnews • 7 years ago (edited)

I hate when people portray ETH like this. This had NOTHING to do with the actual value of ETH.

I just wrote this about this matter, please read if you reject 'clickbait' :

https://steemit.com/ethereum/@mikev/ethereum-did-in-fact-not-crash-to-usd0-01-this-is-false-information-stop-spreading-fake-news

@crypt0 probably has ZERO eth and is a BTC maximalist

7 years ago in #breakingnews by
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     7 years ago 

    Actually, it's 43% of my holdings- just saying like it is, man. I've never said the ETHEREUM blockchain was at fault, and hasn't been whatsoever. This is an issue with a private exchange, and it's users, who definitely suffered serious price slippage :)

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       7 years ago (edited)

      Fair enough, but "Flash Crashes" certainly implies the former over the latter...

      And yes, as users and owners of ETH, I think it's important to educate those around us of the realities behind the headlines.

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       7 years ago 

      You're absolutely right, Mike, and generally I try to be as descriptive as possible in the headlines- however YouTube has limits on these, and it causes me to try and be concise.

      Generally speaking, if you watched the short video, it was pretty clear what I mean within a small span of time. The headline didn't seem to confuse many people, but I also get where you come from.

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