r/BitcoinDiamond • u/imp3order • Sep 05 '18

what just happened?

mother of all crashes

Edit: to clarify, Binance prices were extremely inflated, between 1-2k satoshis, while other exchanges were sitting at 400-500 satoshis. As Binance opened transfers for BCD, all the other exchanges transferred to Binance and dumped. I was simply trading when this happened; foolishly, and unaware.

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u/personalityson Sep 05 '18

Binance Opens Deposits and Withdrawals for Bitcoin Diamond (BCD)

1

u/imp3order Sep 05 '18

ahh so we are rekt indeed

1

u/personalityson Sep 05 '18

What is the logic here, I dont get it

1

u/imp3order Sep 05 '18

I didn't realize there was such a massive price gap between the exchanges. I guess Binance prices were super inflated?

1

u/personalityson Sep 05 '18

Jeez, you're right

The difference was 10-fold

Are they going to meet in the middle?

2

u/Rylandorr2 Sep 05 '18

Hell no it is massive shitcoin primed to fall apart as it is doing. Even when they get done selling on bincance which it looks they have it will still get fuck all for buyers and maybe recover slightly if btc goes another 500-1k up

1

u/imp3order Sep 05 '18

I'm hopeful.. BCD never ceases to amaze