Ethereum gets sold for $13 today!

in #ethereum7 years ago

Firstly, not to worry. Apparently someone unloaded a ton of Ethereum coins on the GDAX(Coinbase) exchange today for $13 a coin! Perhaps this was a mistake, or a hack, but I doubt it was on purpose. The exchange immediately resumed normal exchanges around the $310 area.

Screen Shot 2017-06-21 at 6.45.27 PM.png
https://www.reddit.com/r/ethereum/comments/6io8u1/what_the_fuck_just_happened/

Ethereum also received a bit of a difficulty reduction today, as a few miners probably got concerned and switched to mining other coins.
Screen Shot 2017-06-21 at 6.44.24 PM.png
https://www.coinwarz.com/difficulty-charts/ethereum-difficulty-chart

I'm excited for the low prices of ETH, and looking forward to it going higher as the difficulty increases.

Full disclosure: I'm an ETH miner, and a long term HODLER. Blah Blah do not take my opinion as trading advice.

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typing mistake for sure haha