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Why should they stop trading because the price is falling? With multiple exchanges it doesn't make sense, if there was a huge fall in price across all exchanges
by celticninja 9y ago
Why should they stop trading because the price is falling? With multiple exchanges it doesn't make sense, if there was a huge fall in price across all exchanges and some stopped and others didn't then what?
- sillysaurus3 9y agoWhy should they stop trading because the price is falling? If Ethereum grows a few orders of magnitude, then they should probably stop trading the same reason the stock market does.
- omgtehlion 9y agoBecause all mature exchanges have price limits. Even when stock is traded on multiple exchanges. Sometimes these limits are 1/2x and 2x of average/opening/auction price, sometimes are very tight. Some exchanges stop trading given security for the day, others are recalculating these limits in almost real time and stop for a couple of minutes max. All these safeguards are there for a reason. And some site positioning themselves as “exchange” and not reversing/pausing (or at least ivestigating) tells only about their maturity.