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A comment on Ethereum crashed from $319 to 10c on GDAX after ‘multimillion dollar’ trade. Parent comment

Re:Ethereum crashed from $319 to 10c on GDAX after ‘multimil... by headcanon on Thursday June 22, 2017 @09:37AM (#14612107)
The downside is that when you put in a limit buy the exchange puts your money into escrow until the order is cancelled or filled. Since a crash like that is unlikely to happen (first time on that exchange I believe) it just means you have money tied up when it could be put to better use
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Re:Ethereum crashed from $319 to 10c on GDAX after ‘multimil... by unknown_apostle on Thursday June 22, 2017 @10:10AM (#14612322)
"unlikely"

Complexity fattens the tail. Ethereum must be one of the most complex things out there.

It's been live for 1 year on GDAX and then it went for a 3000x round trip. What does that tell you about odds?

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Re:Ethereum crashed from $319 to 10c on GDAX after ‘multimil... by lordlimecat on Thursday June 22, 2017 @01:21PM (#14613783)
It tells me that its a terrible investment decision and that I am better off at the blackjack table. At least casinos are regulated.
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Re:Ethereum crashed from $319 to 10c on GDAX after ‘multimil... by koolba on Thursday June 22, 2017 @09:43AM (#14612144)
And they could reverse the trades and null them out on both sides. Just because the order gets filled doesn't means it'll complete. Until you get the asset, sell it, and get your cash out of there, you're still at risk.
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