Bitcoin

Out of context: Reply #1540

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  • monospaced0

    Crashed thousands in minutes. Trading halted. LOL

    • almost $2000, but yeah, a huge dump. bouncing back a little but I think will continue to dump down. but what do i know!sarahfailin
    • you don’t, that’s the point ... it’s not a real investmentmonospaced
    • i am getting some weird deja vu right now... like i've... heard... this before. weird.sarahfailin
    • lol, beanie baby flashbacksmonospaced
    • The only reason to halt trading is if there’s some funny business. No surprise there.monospaced
    • Trading halted? You cant halt trading on an unregulated 24/7 market.ridg0026
    • Of course you can. It’s just a bunch of computers. Trade was stopped.monospaced
    • And it’s regulated. Obviously.monospaced
    • Lol omg. Ok.ridg0026
    • The exchange can, whenever the fuck it wants, halt trading. Because that is what happened. Not the first or last time either. Jesus.monospaced
    • In this case the exchange mysteriously crashed minutes into the bitcoin crash, halting the whole thing. SEC is the body that regulates and can halt trading.monospaced
    • The SEC has absolutely zero control over Bitcoin or the trading of Bitcoin. Exchanges can crash, or undergo scheduled maintenance or yes, even halt trading onridg0026
    • THEIR exchanges, but at no point is trading ever halted or suspended the same way traditional markets can be. Bitcoin is unregulated and can be traded day andridg0026
    • night, without anyones permission or oversight.ridg0026
    • lol at trading halted.inteliboy
    • The SEC does and has halted trading of bitcoin exchanges. TODAY trading halted as a result of the exchange crashing. This is all fact.monospaced
    • Whether it was intentional or a fluke we don’t know for sure. But arguing that the sec can’t do it, or it hasn’t happened, is ignoring truth.monospaced
    • exchanges ≠ bitcoin. and there are hundreds of them, including p2p Dex exchanges.inteliboy
    • but yes, true, SEC can throw their muscle around in the US with US exchanges, and they have in the past.inteliboy
    • Server overload, 2017 all over againdrgs
    • All bitcoin and all crypto currencies are traded on an exchange except when passing hands directly. All exchanges are under SEC oversightmonospaced
    • I know too much about this to be stupid enough to ever say bitcoin was an exchange ffs. And yes, trading was halted from the server overload. I don’t believe itmonospaced
    • mono you clearly have no idea what you're talking about.sarahfailin
    • lol clearlymonospaced

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