I had also the idea of just placing for fun a very low order ;-) These exchanges are are not regulated like a stockexchange where the trading of a rapidly dropping stock would be postponed if it reaches, lets say -20%. On a cryptoexchange is no such safety measure. So dramatic crashes can occur. I think these exchanges will look what to do with this issue...
So till then, if many people would place lower buying orders, because they see an opportunity, it could create a "safetylayer" on the exchanges so crashes might be featherd and not so extreme. Topic: selfregulation of markets by opportunity ? What do you think ?
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Right now ETH markets are VERY illiquid, so your low orders would still be filled in the case of a massive dump, I would definitely keep these low orders on the books, just in case