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RE: What was behind the Ethereum flash crash of 6/21/17?
this is the risk of having open position and placing stop lost orders in a non regulated market liker the cryptocurrencies market where big orders can move the market by 90% down for few minutes and then go up again
Yes you are absolutely right
..now reading my post ...just wanted to clarify one point
I love the crypto market like this - no regulation and the demand and supply determine the price
the last thing we need is someone to control prices of cryptocurrencies
though there is a risk that has to be taken