Pages:
Author

Topic: CEX.IO - page 16. (Read 69733 times)

hero member
Activity: 560
Merit: 500
I am the one who knocks
September 30, 2013, 11:40:14 PM
#55
The site admin has the resources to pump the price, and has made trades that do exactly that (which made me a tidy profit).

Could you explain this in more detail?  On the surface this seems very unethical.
hero member
Activity: 630
Merit: 500
September 30, 2013, 10:50:57 PM
#54
It's a really cool site and I like the ghash.io pool.  Remember its a game of hot potato, as the value of GH will drop to .16 around the next difficulty adjustment.  Buy and hold also works, just be careful to calculate your exit point. 

Not sure it works exactly like that. I just tried selling my GHS because they were selling for more than what I originally paid. It looks like there is a delay to prevent people from pumping and dumping. Its not instant like when purchasing them. The system seems to just not take back the GHS like you would assume. Maybe an order must be placed at the current price then your sell order gets bundled in.

It's not a delay, there has to be a buy order and enough volume for you to sell your shares.  And I guarantee they will drop in value considerably around the time of the next difficulty adjustment. The site admin has the resources to pump the price, and has made trades that do exactly that (which made me a tidy profit).
sr. member
Activity: 336
Merit: 250
September 30, 2013, 10:32:23 PM
#53
Im confused, whats the point of pointing my miners to ghash.io ?? can I sell my hashrate on cex.io or something?

AFAIK its 0% fees Cheesy

For now!
legendary
Activity: 2128
Merit: 1005
ASIC Wannabe
September 30, 2013, 10:27:44 PM
#52
Im confused, whats the point of pointing my miners to ghash.io ?? can I sell my hashrate on cex.io or something?

AFAIK its 0% fees Cheesy
legendary
Activity: 2450
Merit: 1002
September 30, 2013, 10:14:40 PM
#51
Im confused, whats the point of pointing my miners to ghash.io ?? can I sell my hashrate on cex.io or something?
legendary
Activity: 1334
Merit: 1004
TTM
September 30, 2013, 06:33:25 AM
#50
why would u buy 1 GH for 0.22 BTC there ? its very expensive
compared to what? assume total cost less than 5BTC

GHS Value is rising accordingly, you can sell later..I could sell now (but I'm not crazy) and have +1BTC of interest

it's too small  Cheesy
Also price 0.25 good because you can sell your power at any moment.
member
Activity: 88
Merit: 10
September 30, 2013, 03:33:08 AM
#49
why would u buy 1 GH for 0.22 BTC there ? its very expensive
compared to what? assume total cost less than 5BTC

GHS Value is rising accordingly, you can sell later..I could sell now (but I'm not crazy) and have +1BTC of interest
legendary
Activity: 974
Merit: 1000
September 30, 2013, 03:12:40 AM
#48
Interface is lacking an ability to buy/sell an existing order with couple clicks, one to choose an order from list and auto-fill the form with price and amount and the second to do the trade.

why would you want to do that? Isn't it easier to put in the amount you want to buy and the price you want to pay and let the system do the rest?
member
Activity: 99
Merit: 10
September 30, 2013, 02:55:42 AM
#47
Interface is lacking an ability to buy/sell an existing order with couple clicks, one to choose an order from list and auto-fill the form with price and amount and the second to do the trade.
sr. member
Activity: 467
Merit: 250
September 30, 2013, 02:49:18 AM
#46
it does work...put the price in and the box will become green...then place the order
sr. member
Activity: 336
Merit: 250
September 30, 2013, 02:21:08 AM
#45
10% return from 24 hours of occasionally checking the price while mining. Feels good!
hero member
Activity: 686
Merit: 500
September 30, 2013, 02:03:07 AM
#44
this would be just like dms.mining, the shareprice/gh will eventually goes down, but then again this is very interesting knowing you know how much per gh your purchase with your btc

sad that i didnt have enough btc when the price was 0.2 per gh lol
member
Activity: 82
Merit: 10
September 30, 2013, 01:25:29 AM
#43
Yeah I tried to sell mine when it was at 0.245 per GH (bought for 0.2) - someone bought 0.06 GH worth lol

The nice thing is you can leave it for sale at a set price and it will still mine for you in the pool. I guess you have to wait until someone comes and buys GHS at or above your sale price. It would be a nice option if you could set it up where you sell your own GHS as an option price. Then there would be a list of options you could choose from outside of the base market price.
sr. member
Activity: 336
Merit: 250
September 30, 2013, 12:37:52 AM
#42
It's a really cool site and I like the ghash.io pool.  Remember its a game of hot potato, as the value of GH will drop to .16 around the next difficulty adjustment.  Buy and hold also works, just be careful to calculate your exit point. 

Not sure it works exactly like that. I just tried selling my GHS because they were selling for more than what I originally paid. It looks like there is a delay to prevent people from pumping and dumping. Its not instant like when purchasing them. The system seems to just not take back the GHS like you would assume. Maybe an order must be placed at the current price then your sell order gets bundled in.

Yeah I tried to sell mine when it was at 0.245 per GH (bought for 0.2) - someone bought 0.06 GH worth lol
member
Activity: 82
Merit: 10
September 30, 2013, 12:35:46 AM
#41
It's a really cool site and I like the ghash.io pool.  Remember its a game of hot potato, as the value of GH will drop to .16 around the next difficulty adjustment.  Buy and hold also works, just be careful to calculate your exit point. 

Not sure it works exactly like that. I just tried selling my GHS because they were selling for more than what I originally paid. It looks like there is a delay to prevent people from pumping and dumping. Its not instant like when purchasing them. The system seems to just not take back the GHS like you would assume. Maybe an order must be placed at the current price then your sell order gets bundled in.
hero member
Activity: 980
Merit: 1000
www.DonateMedia.org
September 29, 2013, 10:27:22 PM
#40
I bought a small amount of GH/S, and it started mining a hour after. It mined for 1 round (16 minutes) but after that, it stopped mining. 3 rounds have passed with no hash rate showing even though I never sold my GH/S. Is this just a temporary problem?
legendary
Activity: 1946
Merit: 1035
September 29, 2013, 08:13:37 PM
#39
Is anyone from the official team involved here, present on this thread? Or is there another?

I also like CEX.IO, and 0.25 is still cheap for instant GHS, I think it can even go higher on BTC price rise.
legendary
Activity: 1862
Merit: 1058
Next Generation Web3 Casino
September 29, 2013, 08:07:09 PM
#38
Is there an official thread for this website?
Did it just launch?

I found out about it roughly 4 days ago invested 1 btc to get the 1gh free, they haven't made any announcement on bitcointalk yet since they are still working kinks out.
legendary
Activity: 1736
Merit: 1029
September 29, 2013, 07:54:12 PM
#37
Is there an official thread for this website?
Did it just launch?
hero member
Activity: 630
Merit: 500
September 29, 2013, 07:51:21 PM
#36
It's a really cool site and I like the ghash.io pool.  Remember its a game of hot potato, as the value of GH will drop to .16 around the next difficulty adjustment.  Buy and hold also works, just be careful to calculate your exit point. 
Pages:
Jump to: