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Topic: CEX.IO - page 14. (Read 69733 times)

legendary
Activity: 1148
Merit: 1048
October 11, 2013, 07:41:44 PM
#95
mayhap we should make a wall watching thread? ive had my eye on that 17.6 @ 0.19621 since lunchtime. watching the panic sellers/ microholders sell off
but indeed, def dont buy on an uptrend
and dont be greedy. plan an appropriate exit. you can buy back in later
member
Activity: 88
Merit: 10
October 11, 2013, 07:34:05 PM
#94
Very impressed with the service. It does, however, seem like someone has the market cornered and is using that power to their advantage. Tread carefully and be sure to have an exit price plotted. Also, keep your eyes on the diff increase.

TL/DR: Be smart. Carelessness leads to coinlessness.

Disclosure: I have shares at cex.io

so true
we need to plan a security exit, it's easy to invest 10-20 BTC on this and mine cheerfully, but price is going to fall every day a bit more.
The guy who suggested Cex.Io warned me about this. Said to be ready to sell back.
legendary
Activity: 1148
Merit: 1048
October 11, 2013, 07:23:21 PM
#93
sorry, was breaking my fast, but as you see, even fractional pieces of ghs.


 Grin

this seems like a clever way to issue a security-like , mining related offering that offers "dividends". without stepping on any regulatory toes, that is. 

im optimistic, because when this becomes trusted and everyone recovers from the recent exchange shenanigans (lot of value lost), people will realize what this really is (a legitimate, working cloudhashing service with instant payouts/an extremely high risk, high return investment/really fucking cheap mining) and drive the ghs price higher. until then, i get an awesome rate of return. you'd be a fool not to utilize stop loss however. 10% market movement today.

as i type this, the site has a new feature: instant notification of payout when the block solves. you used to have to keep a ghash.io open as well as a cex.io window open to monitor this info. Appreciate you Smiley

and because obviously this can generate interest and thereby influence the market;

disclosure: i own 71.46433540 ghs with this service , and if the price dips lower, i intend to own more.




Full disclosure ..I own 0 and if the price dips further I intend to own 500% more on my current amount

well dammit, thats no fun,Yip Smiley
hero member
Activity: 574
Merit: 500
October 11, 2013, 06:55:29 PM
#92
sorry, was breaking my fast, but as you see, even fractional pieces of ghs.


 Grin

this seems like a clever way to issue a security-like , mining related offering that offers "dividends". without stepping on any regulatory toes, that is. 

im optimistic, because when this becomes trusted and everyone recovers from the recent exchange shenanigans (lot of value lost), people will realize what this really is (a legitimate, working cloudhashing service with instant payouts/an extremely high risk, high return investment/really fucking cheap mining) and drive the ghs price higher. until then, i get an awesome rate of return. you'd be a fool not to utilize stop loss however. 10% market movement today.

as i type this, the site has a new feature: instant notification of payout when the block solves. you used to have to keep a ghash.io open as well as a cex.io window open to monitor this info. Appreciate you Smiley

and because obviously this can generate interest and thereby influence the market;

disclosure: i own 71.46433540 ghs with this service , and if the price dips lower, i intend to own more.




Full disclosure ..I own 0 and if the price dips further I intend to own 500% more on my current amount
legendary
Activity: 1148
Merit: 1048
October 11, 2013, 11:53:06 AM
#91
sorry, was breaking my fast, but as you see, even fractional pieces of ghs.


 Grin

this seems like a clever way to issue a security-like , mining related offering that offers "dividends". without stepping on any regulatory toes, that is. 

im optimistic, because when this becomes trusted and everyone recovers from the recent exchange shenanigans (lot of value lost), people will realize what this really is (a legitimate, working cloudhashing service with instant payouts/an extremely high risk, high return investment/really fucking cheap mining) and drive the ghs price higher. until then, i get an awesome rate of return. you'd be a fool not to utilize stop loss however. 10% market movement today.

as i type this, the site has a new feature: instant notification of payout when the block solves. you used to have to keep a ghash.io open as well as a cex.io window open to monitor this info. Appreciate you Smiley

and because obviously this can generate interest and thereby influence the market;

disclosure: i own 71.46433540 ghs with this service , and if the price dips lower, i intend to own more.


hero member
Activity: 918
Merit: 1002
October 11, 2013, 11:03:00 AM
#90
Will CEX.io provision percentages of GHS, or does it have to be whole numbers?  Can I play with 0.125 GHS, just to poke on it?

I was impatient.  They do provision percentages of GHS, neat!  I'll play with this over the weekend and see how it works.
hero member
Activity: 918
Merit: 1002
October 11, 2013, 10:56:56 AM
#89
Will CEX.io provision percentages of GHS, or does it have to be whole numbers?  Can I play with 0.125 GHS, just to poke on it?
legendary
Activity: 1148
Merit: 1048
October 11, 2013, 10:36:14 AM
#88
seems the chart view has been expanded to 3 months. someone is monitoring this thread Smiley excellent attention to detail, guys. so far, no complaints as far as customer support and this service. Highly recommended.

you even did right by me for my free gh/s. promised i'd mention it.
legendary
Activity: 1148
Merit: 1048
October 11, 2013, 08:22:47 AM
#87
The price graph only shows up to 3 days of history. Monthly & weekly views would be much appreciated.

agreed, Ive been having to snapshot the graph in order to keep historical data.


gh/s are cheap is sin at the moment. about to reenter my position. you pretty much have to wait for the market manipulator to drop the price (hes been at work recently). otherwise you might get stuck holding a very expensive bag. at the current market price a ghs yield a 1.4% daily interest rate (.198 per Gh/s). Purchase feasibility holds til .265, which would yield a solid 1% daily interest rate. And if you get caught holding the bag, the percent gain acts as a hedge against losing the principle. It's an interesting concept to say the least. Russian Roulette with training wheels Smiley

 
sr. member
Activity: 658
Merit: 250
October 10, 2013, 02:22:44 PM
#86
The price graph only shows up to 3 days of history. Monthly & weekly views would be much appreciated.
newbie
Activity: 49
Merit: 0
October 09, 2013, 10:15:45 AM
#85
Very impressed with the service. It does, however, seem like someone has the market cornered and is using that power to their advantage. Tread carefully and be sure to have an exit price plotted. Also, keep your eyes on the diff increase.

TL/DR: Be smart. Carelessness leads to coinlessness.

Disclosure: I have shares at cex.io
sr. member
Activity: 336
Merit: 250
October 09, 2013, 08:21:17 AM
#84
Lets get that sell price above 0.23!  Tongue
member
Activity: 99
Merit: 10
October 09, 2013, 01:20:09 AM
#83
Look explain it to me like i am 5 ... If it is supposed to be an exchange then when a diff change comes and therefore decreases the value of the product by 28% then the product is now worth ~ 20-25+% less (add your returns for mining)

Thats it... Is there some other way to look at it other than this Huh

Yep. Coming difficulty increases (and yield drops) are already included in the price. It's not like all the participants of cex.io market can't plan further than today's evening... although an average bitcoin investor is rather short-sighted, but it comes with the fast pace and unpredictability of this whole bitcoin enterprise.
hero member
Activity: 574
Merit: 500
October 08, 2013, 07:30:37 PM
#82

Ok lets see if u can see past your rose colored glasses

price was ~.24  diff increase was ~ 28% ... 0.24 - 28% = ~.17

So if we get 1% returns for 8 days = ~ 9-10%

All of this does not add up to the price drop of only 9%  ...So .21 + ~9-10% returns = 0.19 if we where being generous   ... I am commenting on the supposed VALUE from 0.24 to 0.21

When bitfury holds the lions share of the hash or the bank they can and are manipulating the price at will ... dont fool yourself that their is some free market in operation here

Good luck to them...and no ones forcing u to buy ..blah blah blah ... but dont get caught up in trying to find the pea in this shell game  Cheesy




Perhaps some people here do wear a rose coloured glass, but yours is perhaps pitch black...

Just some numbers.

Currently an inhand BFL Singles sell for around BTC10-12

Let's assume you buy expensive @ BTC12 for 60gh/s
This is BTC0.20 p/ghs

Though a Single uses 360watt power which computes to 8.64kWh a day.
Let's say I run this Single for 3 months, total electricity used will be: 8.64*90=777.6 kWh

777.6 x $0.25 = $194,40 which is ~BTC1.58

So mining hardware + electricity for 3 months is BTC12 + BTC1.58 = BTC13.58

BTC13.58 / 60 = BTC0.226

Which isn't far away from current prices on the cex.io exchange

Just to comment on the price, I'm not talking about making ROI, that's a complete other discussion.


PS: yes electricity in The Netherlands is damn expensive.

Plain and simple ... ASICS are totally over priced ...if there is NO ROI dont touch it

12btc for 60Gig ... Nigga please ... Avalon could not get anyone to but 1 60gig unit for 9btc let alone 12btc !!  They have dropped the price to btc 6.3 and so far I dont think they are russhing out the door !

Look explain it to me like i am 5 ... If it is supposed to be an exchange then when a diff change comes and therefore decreases the value of the product by 28% then the product is now worth ~ 20-25+% less (add your returns for mining)

Thats it... Is there some other way to look at it other than this Huh
legendary
Activity: 1974
Merit: 1077
^ Will code for Bitcoins
October 08, 2013, 06:11:10 PM
#81
I've bought 0.5GHs just to try this and the site/service is super cool. Right way to compare prices with bunch of hardware options, if it is more expensive than CEX.IO per GHs = no motivation to buy.

One thing puzzles me: Is there any time-frame in which they guarantee the service to us? What will happen when this hardware becomes to expensive to operate with next generations of miners?
legendary
Activity: 1148
Merit: 1048
October 08, 2013, 09:07:59 AM
#80
Price is fall to 0.214

i expected worse. difficulty increase wasnt that bad. still an awesome rate of return in this price range. the price drop feels about right, it'll stabilize a bit over time

Not really the REAL price should be ~-28% based on the diff change of the 0.24 price ..this is NOT .214

Its a totally rigged game...so go ahead and INVEST in bitfury extending the value of there equipment

pray tell, what method do you use to value a gh/s? Perhaps my valuation is flawed. I currently use competitor pricing and rate of return to determine the feasibility of purchase. With over 1% daily returns, please inform me if there is a better mining option available for purchase, share the info man!

I live in corporate housing with absolutely uncapped free electricity, take that into consideration if that changes your suggestion. Wish mining equipment was at a reasonable price point!

edit/disclaimer: since im "invested", i guess I should disclose i own "shares" of BitFury Hashing Capacity on CEX.io

Ok lets see if u can see past your rose colored glasses

price was ~.24  diff increase was ~ 28% ... 0.24 - 28% = ~.17

So if we get 1% returns for 8 days = ~ 9-10%

All of this does not add up to the price drop of only 9%  ...So .21 + ~9-10% returns = 0.19 if we where being generous   ... I am commenting on the supposed VALUE from 0.24 to 0.21

When bitfury holds the lions share of the hash or the bank they can and are manipulating the price at will ... dont fool yourself that their is some free market in operation here

Good luck to them...and no ones forcing u to buy ..blah blah blah ... but dont get caught up in trying to find the pea in this shell game  Cheesy




appreciate the alternate outlook Yip, I had seriously wanted to consider your rubric for price evaluation, I'm always open to information/strategy that give me an edge over others.

This is a zero sum game, and I desire top placement. I don't expect to win, but I WILL prevail. Might be magical thinking. But the empire I am building for those beyond me will come to pass Smiley

so basically, olive branch bro, I hear a little go go gadget in your tone and just wanted to let you know my inquiry came from a thirst for information and not trollspace. Love you even though I never met you! Fuck it, love all you guys! I know some of you are asshats, but damn it, aren't we all at times?

Now let's get rich in this motherfucker!
(and in the meanwhile not fall prey to the lure of mammon)


-Green

disclaimer: Indicas improve my disposition immensely 
hero member
Activity: 560
Merit: 500
I am the one who knocks
October 08, 2013, 08:43:23 AM
#79
Also there is value to *now* which is hard to quantify and put a figure to! but it is there. 

Also the free market does not always operate in the most efficient manner. 
hero member
Activity: 980
Merit: 1000
October 08, 2013, 08:28:45 AM
#78

Ok lets see if u can see past your rose colored glasses

price was ~.24  diff increase was ~ 28% ... 0.24 - 28% = ~.17

So if we get 1% returns for 8 days = ~ 9-10%

All of this does not add up to the price drop of only 9%  ...So .21 + ~9-10% returns = 0.19 if we where being generous   ... I am commenting on the supposed VALUE from 0.24 to 0.21

When bitfury holds the lions share of the hash or the bank they can and are manipulating the price at will ... dont fool yourself that their is some free market in operation here

Good luck to them...and no ones forcing u to buy ..blah blah blah ... but dont get caught up in trying to find the pea in this shell game  Cheesy




Perhaps some people here do wear a rose coloured glass, but yours is perhaps pitch black...

Just some numbers.

Currently an inhand BFL Singles sell for around BTC10-12

Let's assume you buy expensive @ BTC12 for 60gh/s
This is BTC0.20 p/ghs

Though a Single uses 360watt power which computes to 8.64kWh a day.
Let's say I run this Single for 3 months, total electricity used will be: 8.64*90=777.6 kWh

777.6 x $0.25 = $194,40 which is ~BTC1.58

So mining hardware + electricity for 3 months is BTC12 + BTC1.58 = BTC13.58

BTC13.58 / 60 = BTC0.226

Which isn't far away from current prices on the cex.io exchange

Just to comment on the price, I'm not talking about making ROI, that's a complete other discussion.


PS: yes electricity in The Netherlands is damn expensive.
hero member
Activity: 574
Merit: 500
October 08, 2013, 07:28:15 AM
#77
Price is fall to 0.214

i expected worse. difficulty increase wasnt that bad. still an awesome rate of return in this price range. the price drop feels about right, it'll stabilize a bit over time

Not really the REAL price should be ~-28% based on the diff change of the 0.24 price ..this is NOT .214

Its a totally rigged game...so go ahead and INVEST in bitfury extending the value of there equipment

pray tell, what method do you use to value a gh/s? Perhaps my valuation is flawed. I currently use competitor pricing and rate of return to determine the feasibility of purchase. With over 1% daily returns, please inform me if there is a better mining option available for purchase, share the info man!

I live in corporate housing with absolutely uncapped free electricity, take that into consideration if that changes your suggestion. Wish mining equipment was at a reasonable price point!

edit/disclaimer: since im "invested", i guess I should disclose i own "shares" of BitFury Hashing Capacity on CEX.io

Ok lets see if u can see past your rose colored glasses

price was ~.24  diff increase was ~ 28% ... 0.24 - 28% = ~.17

So if we get 1% returns for 8 days = ~ 9-10%

All of this does not add up to the price drop of only 9%  ...So .21 + ~9-10% returns = 0.19 if we where being generous   ... I am commenting on the supposed VALUE from 0.24 to 0.21

When bitfury holds the lions share of the hash or the bank they can and are manipulating the price at will ... dont fool yourself that their is some free market in operation here

Good luck to them...and no ones forcing u to buy ..blah blah blah ... but dont get caught up in trying to find the pea in this shell game  Cheesy


legendary
Activity: 1148
Merit: 1048
October 08, 2013, 05:41:43 AM
#76
Price is fall to 0.214

i expected worse. difficulty increase wasnt that bad. still an awesome rate of return in this price range. the price drop feels about right, it'll stabilize a bit over time

Not really the REAL price should be ~-28% based on the diff change of the 0.24 price ..this is NOT .214

Its a totally rigged game...so go ahead and INVEST in bitfury extending the value of there equipment

pray tell, what method do you use to value a gh/s? Perhaps my valuation is flawed. I currently use competitor pricing and rate of return to determine the feasibility of purchase. With over 1% daily returns, please inform me if there is a better mining option available for purchase, share the info man!

I live in corporate housing with absolutely uncapped free electricity, take that into consideration if that changes your suggestion. Wish mining equipment was at a reasonable price point!

edit/disclaimer: since im "invested", i guess I should disclose i own "shares" of BitFury Hashing Capacity on CEX.io
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