I purchased $100K worth of BCH on GDAX- got filled at $6k, and was prohibited from selling at 8.5k and 9k.
I've removed the account name from the screenshot, but assure you the purchase, unrealized loss, and soon to be realized loss is very real. Instead of ~140k, I'm now looking at 48k.
It was my hope that Coinbase & GDAX would make users whole and allow gains to be kept, similar to what they did for the ETH flash crash, but seeing the new update, it looks like they are going to pass the buck and shaft users.
I thought I was going to get filled @ 3k something, but wasn't too upset at 6k, considering it was soon in the 8s and 9s. Being prevented from selling is just about the dirtiest move I've ever seen from an exchange, let alone one of Coinbase's size.
your greed is your downfall. let this be a lesson so this experience isn't a total waste.
Parker Hernandez
reddit memes are dumb
Adam Collins
pretty sure coinbase said they are going to invalidate the trades made in that opening moment
Oliver Barnes
I can't even look myself in the mirror, my wife is asking me how it turned out, I can't even speak to her.
Sebastian Brooks
You seem surprised by this... Coinbase have literally always locked BTC withdrawls during pumps and dumps for years
Why would you expect it to be different with BCH?
Ethan Robinson
you bought high and sold low happens to the best of them
Kevin Watson
unless he came in with 140k cash he knew what he was doing.
Brody Ward
...
Charles Harris
Whether this gets resolved or not you're still an idiot. Everyone thinks they'll be fine and won't get burned until they do
Jason Thompson
I took a mortage on my house to do this, my wife keeps asking me about how it all went. How do I answer her? I might have to do something stupid here...
Cameron Wood
And another Bcash bagholder was born.
Michael Fisher
Jesus christ... how many fucking times... DO NOT FUCKING INVEST WHAT YOU'RE NOT WILLING TO LOSE. Greedy fuck
Have you sold yet or no?
Eli Clark
>my wife It's called mom you faggot and nobody gives a shit about your lunch money
Wyatt Morris
Too good to NOT be a LARP.
Anthony Bennett
Yes I have sold, I've been locked in to my home office for a few hours now, my wife has been calling for me but I pretend that I am busy, I don't know how to deal with this.
Camden Johnson
>sharing his crypto investing decisions with wife EL IDIOTA