Topic: **CEX.IO Bitcoin Exchange ** Buy Bitcoins with Cards in iOS / Android App*** - page 131. (Read 422328 times)

May your questions be answered and may your cup overfloweth with knowledge.
https://cex.io/faq
https://bitcointalk.org/index.php?board=67.0

Hi sock puppet, can you ask your friends to stop sending spam through PM about this crap.io ?

i just found out about cexio.. so what do you guys think?
i really like your concept, is it also possible to mine litecoins?
I'm very interested int he alt-currencies, also crc and ppc and nmc and all the others .. so what s the best way to begin?

cheers

Ah ha...payments magically came through ;-)

Is there a problem with payments being added to accounts right now? I noticed in ghash.io that a certain amount was pending due to blocks found and less that 6 confirms but then after the confirms the amount disappeared from pending and did not appear in my balance...any issues right now?

How do you do that?

My Hashrate is currently "0" did they pull the plug?
Good job I'm mining PPC which is currently 16% higher than mining BTC

Server was down... Now back up again

there's a steady stream of over eager cloud miners!  We will move lower as the new ASIC's get introduced Dec. 15.

Because noobs.

That's the way to profit there.

I have to say I got lucky last week.

I placed a large order at .078 on thursday? 2 hours later it was filled and the next morning it was back up at like .082 then went up even more so I just sold.

Beginners luck

I still don't know why its at .086 right now. 


Ill take my small profit and walk away

Great write up - I agree with all points. Going from that - trading is really the only way to make money.  It's currently at a high (.087/GHS).  For all those holding onto GHS, the level of difficulty change can take place any time from now to Dec. 1 - so please consider selling if you're holding onto GHS. 

To your point, it's exactly what I did, I invested in a few miners instead when it comes to long term mining.  I only trade on Cex.io to make short term loss.  I don't even consider how "high" it can go since it's way to risky.  I really do hope they implement a short to take care of the current sky high price. 

Again, great  insight.

very nice wrap up.

If you hold GHS for any period of time then their value will be eroded. There might be a temporary rising of prices at the moment but as technology improves and more Giga Hashes enter the global market the price will fall. A current fair price would be about 0.035

You cannot mine on CEX.IO fast enough to make up for price depreciation so a buy and hold strategy will leave you with less BTC than you started with. The whole point of mining is to gain BTC not lose them.

You can think of GHS as a mining right that you rent from the market but it is a loss making right.

You can buy old 5GHS Jalapenos for less than the current price of GHS on CEX.IO

The only way to profit on CEX.IO is through trading and buying GHS now is very risky as the correction will come. That is why I look forward to a GHS short.

All markets for Bitcoin are unregulated and are open to manipulation. Who knows what exactly goes on behind the scenes at CEX.IO

After all CEX.IO owns the hardware and can increase the capacity of their mining operation very quickly thus affecting the price of GHS. It is as if they owned the only gold mine or oil well and could increase or decrease production as they pleased to affect the price.

With prices drifting upwards they can slowly drip new capacity into the market and then pull the rug from under it when they have made enough and buy it all back again when the market corrects downwards.

I have noticed periods of dramatically changed GHS capacity on their pool and attendant price moves.

This. Stop looking at the dollar price. Even dollar prices that might look ridiculous compared to prices a couple week ago could very well be profitable now BTC-wise. Just nobody is selling.

Of course, CEX prices aren't profitable no matter how you look at it, and never have been.

The price is holding at around BTC0.085 /Ghs and seems to be so interesting.

Where are you buying cheaper instant Ghs?

The price of GHS in dollars is insane. Who in their right mind pays $65/GHS when they can buy it cheaper elsewhere?

CEX.IO have mentioned an instrument to short GHS, I still await it with baited breath.

the del is - you can still mine there because YOU CAN SELL.
and miner at ur home u cant sell that easily.

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