Don't freak out!

But... yes, momentarily Ethereum dropped to $13 on GDAX.

As you can see on the chart, there was about a 30 minute window where Ethereum prices dropped thousands of percent. Hopefully you were one of the lucky people that bought into that drop, because, as of writing, the price recovered to around $330.

In that moment of volatility, it was possible to make a lot of money (as well as lose a lot of money :/ ).

Instead of only focusing on the price, we should be asking ourselves what exactly triggered such an event. Is this somehow related to the problems recent ICOs have exposed on the network? Or could it have been a very well executed market manipulation maneuver?

Or ... (this is no accusation, merely a possibility) was it a bug in GDAX ?

Let me hear your thoughts in the comments. Resteem for immediate follow.