Topic: CEX.IO - page 9. (Read 69733 times)

i wondered about this also when i woke up to the btc price drop this morning. just noticed a ghs price correction down to .09 ish, but it will prolly drift back up to .094-.095. plenty of support in the .091-.093. i think any price rise above .1 is optimistic, but entirely possible. market price adjusted to the dif change BEFORE the change actually happened plenty of time for the price to drift beyond .1 ...    we will see

not so much panic selling this time. you guys are getting better at this 

I assume we are seeing an upward trend in GH's price,  relative to the down trend of BTC/USD?
You bullish bulls you .....

This is not preorder, and you can get 100GH for 10btc, is that overpriced?
And as a bonus those who was in doubt about hardware existence - they put up a list of their 120 miners with live stats!

I'd love to hear from anyone who dares to try CEX.IO's hardware redeeming service. Sure, it's overpriced, but don't let that stop you! I'm wondering how long is the delivery process going to be.

https://cex.io/redeem

This exchange has been working very well for me, and buying hashes is a lot easier than trying to obtain hashing hardware (especially if you're outside the US). Thank you!

We've added support to CryptFolio (thread) for tracking both your CEX.io wallet (BTC and GHS) and also ticker data, which will be available through our historical archive (it will take a few days to get enough data). And since you can also add arbitrary GHS offsets, you can also work out what your private hash speeds would be worth if placed onto CEX.io.

CryptFolio helps you safely keep track of your cryptocurrencies and commodity currencies over time, and generates reports (such as the overall USD or BTC net worth of your portfolio).

For some reason, for the life of me I could not seem to discover a thread dedicated to cex.io. Finnaly after searching further I found this thread on page 2 of  the google search function.

At any rate, I have a lot of enthusiasm for this site and since the wind down of btct.co, we have another lucrative means to make our BTC work for us. When I first started trading, I was surprised to see the high demand for over priced GH's. The discussion on this thread has already been had about all the eliminated costs that are involved by buying hashes here versus your own mining setup. For small timers like myself, even with the past inflated prices, it was still more profitable to buy hashes here versus buying a bulk of Block erupters during their 3rd and fourth price cuts. Besides all of that, for lack of a better word, the cool concept for cex.io is that you "make BTC" while your sell orders are on the books. Anyways, reading through the threads I realized that I wasnt the only one to realize these points on the market value of GH's but there is still profit to be made via buying and selling these. I do however feel bad for those people that bought in during the end of pumps and missed the dumps. I guess that goes for anybody that trades. I look forward to see the growth of this site as well as the continual discussion on here. Like I said, this is fun, can be profitable if your smart about it. Cheers!

I make this on my transaction page and get exactly what I want

         [5498568, '2013-10-24 18:05:05',0.05748380, 14.67637695, 'mining', '', 265779, 25.2445, 2277088, 1000002219, 'undefined', undefined, 'undefined'],
         
         [5499687, '2013-10-24 18:11:18',0.05733833, 14.73371528, 'mining', '', 265780, 25.1912, 2276128, 1000002586, 'undefined', undefined, 'undefined'],
         
         [5501644, '2013-10-24 18:54:02',0.05765291, 14.79136819, 'mining', '', 265786, 25.2915, 2279544, 1000003933, 'undefined', undefined, 'undefined'],
         
         [5503104, '2013-10-24 19:11:56',0.05722687, 14.84859506, 'mining', '', 265790, 25.1888, 2271924, 1000003917, 'undefined', undefined, 'undefined'],
         
         [5504156, '2013-10-24 19:17:05',0.05683424, 14.90542930, 'mining', '', 265791, 25.1393, 2260778, 1000004187, 'undefined', undefined, 'undefined'],

Still need to figure out how exactly to filter it, since the amounts can be either GHS or BTC and some orders are canceled. But at least it's a more interesting exercise than endless copypasting

^ most helpful tip of the day. Thank you! Took me hours daily to keep current.

If anyone wants a CSV history of their transactions, just view the source code of the account balance page. It's easy to find the long list there, then you just need to trim the whitespace.

That's why that guy who bought at 0.01 should sell now. Also the bids above 0.5 seem to have dried up, expecting another leg down soon.

should be down to about 0.01btc/gh  in about 3 weeks

I did something similar and came up with a current value of ~0.053 BTC/Gh, so we are in the same ballpark. Assumes 40% increases, $200 BTC & free hosting fees. Also, most of that value is mined over then next few weeks and most of the value of each Gh will be realized by the end of November.

Price is still too high IMHO. It may be possible to trade for profit, but your are trading an over valued asset and risk holding the bag when the price resets to actual value.

Now, whoever bought all that Gh at 0.01, congrats to you, but I hope you've been smart enough to sell and not just hold for mining income.

just depends on how you do it i guess....   deposited 0.50btc,   and after a bunch of buys and sells....  im impressed atm.....   cashed my 0.50btc back out and utilizing 23ghs of free mining now...

I just did a CEX.IO loss calculator.

How many Bitcoins are you going to loose if you invest now ?  

https://docs.google.com/spreadsheet/ccc?key=0AnoTFX7YTCl0dFFFektlRmJ0T0pwRGlvN3pyVHhPVFE&usp=sharing

It is based on the next difficulty in about 2 days.

It is just estimations but it should make you realise that you can only loose Bitcoins in this game.

EDIT : the access to the calculator is private now.

no it is not true, it never is true, and never will be true. People are just delusional - like to bury their head in the sand and refuse to acknowledge reality.

Will say it one more time, you NEVER..EVER.. factor in $/btc price increase in your hardware miner(virtual or otherwise) ROI calculations.  

If you bought your hardware at 5 btc, it mines total of 2 btc, and you manage to sell it for 1 btc to the next fool, you lost 2 btc, period. It doesnt matter if btc/usd went from $100 to $10000000, your ROI is still a loss of 2 btc or -40% ROI.

I had same issue a few days ago. I think it's when the site is overloaded. give it a few and refresh. It usually clears up after the load spike. Hope that helps.

im having issues trying to cancel an order atm.... wtf

Yea this is crazy the ghash value is crashing and if I sell would cost me a lot of bitcoin :/

buyer beware. there is price support at .078, but if that wall is breached, its gonna plummet to .0551. the buy side of the order book is looking pretty suspect/fraudulent at the moment. selling pressure is bananas.