[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 210 KB, 2468x1130, Untitled-2.jpg [View same] [iqdb] [saucenao] [google]
3371396 No.3371396 [Reply] [Original]

Can someone redpill me on why the 1 crash happened? /like what started it and continued it? i tried Googel but nothing.

i know crash 2 was bc of companies restricting ICOs

>> No.3371413

>>3371396
july

sage

>> No.3371426

Crash 1 was the infamous july crash where crypto dumped because of all the BTC hard fork drama

>> No.3371434

iirc this wasnt the reason for the crash, but right before it somebody on bitfinix flashsold a ludicrous amount of eth for really low

>> No.3371462

It happened so that newfags can buy ETH cheap too.
Money Skeleton is determined to make everyone of us rich.

>> No.3371465
File: 1.28 MB, 3264x2448, 1503669547249.jpg [View same] [iqdb] [saucenao] [google]
3371465

>>3371426
oh it was because of the BTC hardfork drama? Is anyone else worried about maybe the Metropolis double hardfork (bzyntine and constatinoble) not going as smoothly as planned and maybe dipping the ETH market a little bit? seems like low upside high downside to Metropolis

>> No.3371586

>>3371465
el trapo

>> No.3371607
File: 337 KB, 1600x2460, joker23.png [View same] [iqdb] [saucenao] [google]
3371607

>>3371396
yea son first crash happened after DAO hack

>just so you know son ETH is super buggy software written by mediocre developers but thats the best we have so fuck it I guess.

>> No.3371645

>>3371434
it was on gdax when someone stop loss triggered and ended up being accidently sold for like $10-20, the loss was refunded by gdax

>> No.3371689
File: 95 KB, 996x538, 1498510188932-1.png [View same] [iqdb] [saucenao] [google]
3371689

>>3371396
Jews

>> No.3371753

>>3371607
The DAO software != eth software you moron