> The exchange rate will fall faster than orders can be fulfilled
Is that possible? In the event of a crash all buy orders will be fulfilled, ordered by price/time. The exchange rate can't move if there are no orders being executed.
Is that possible? In the event of a crash all buy orders will be fulfilled, ordered by price/time. The exchange rate can't move if there are no orders being executed.
And here's what happened on another exchange while Mt. Gox was down: http://bitcoinity.org/markets/btce/USD