Topic: **CEX.IO Bitcoin Exchange ** Buy Bitcoins with Cards in iOS / Android App*** - page 142. (Read 422133 times)

Overall hashrate of ghash has dropped by about half but my own miner connected to the pool is working ok.

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FU troll

edit

Can  someone explain to me how to use these? (In simple words...)

Yeah, I see one get get balance through API, comparing with previous state you can notice the change. Problem is I don't have a box online suitable for daemon to to run 24/7, and it would be nice from CEX to provide this basic notification through email for free/minimal charge. It's not too much to ask, and it may boost the exchange activity which should be in their interest.

Here is their api
https://github.com/ceashure/CEXIO-API
I'm certain there are many strapping, sweaty, young fellows working on notifications and anything else you can imagine for cexio right now

+1


and.. news about maintenance fees?

What are you talking about? Why? What's so bad?

Is there a way to get notifications from CEX.IO when your buy/sell order is executed? It's daunting to constantly check what happened to an order.

IF THEY START ACCEPTING USD OR ANY OTHER TOILET PAPER CURRENCIES I WILL LEAVE FOREVER AND NEVER RETURN.

I swear.


it would just ruin everything

If they accept USD payments... then it can be considered as a store... considering that they give us something in return... (BTC/GHs).... so I think it is a bit different from as money transmitter...

we send USD (FIAT) to buy GHS or BTC... then after that... it will be a different story already.... it is when you decide what to do with the credits that u get... trade/buy/sell/etc...

I disagree - i think they will update and have more efficient machines that hash for more with less power/maintenance.  They will have to continuously update their fee (rather lower it) to match the changing ROI, reduced electricity cost and efficient machines.  It will only fail as you stated if they do not update any of their machines and stay as is from now on.

Correct me if I am wrong but this would change the business face of CEX.IO completely, wouldn't it? Suddenly it goes from a bitcoin network auditor, to an exchange / money transmitter handler. Not to say this isnt an option to them but doubtful they would put themselves in that position with the overhead. I am still curious about the background information for sheer curiosity purposes. Their contact information says Cyprus but is this just their legal address. Where is the datacenter located?

@ CEX

Is it possible for CEX.IO to accept USD and converted to BTC? or GHs directly?

I got a few hundreds of USD... but I didn't want to buy btc (plus tx/fees)... I just want to deposit my USD to CEX and get credit with BTC or GHs....

The higher datacenter fees are guarenteed to make CEX mining break even at some point. When this happens people will be trading an asset with zero future payments expected and thus zero value. This event is less than a year away.

Once people better realize this, the price will come down to better match the realistic life-time earning potential of a Gh, which is significantly below the current price.

Right now everyone's primary focus is trading, with the daily revenue as a nice side bonus. This is the greater fool theory and hoping that you are not the fool.

As long as you trade every 4-8 days...i think you can get in and out...with some BTC...and maybe even make a profit.  Difficulty change coming up soon and fees are kicking in on the 8th... watch out for both.

I agree with all the above. I have had a decent experience with cex.io so far, but my endgame will be if I can sell my GH/s at the same price as that at which I bought.

I concur. If someone would of asked me this a few weeks ago, I would of scoffed. But watching this market and taking many things into consideration (many of which you mentioned ie; CEX effect) its a good possibility. Interesting though, to see the depth chart and how it is taking shape. We continue to see a strong almost 90 degree sell wall. As for the buy wall, after today's volatility, the buy side completely thinned out but slowly we notice a gradual slope and the closing/narrowing of the margins.

Litterally, "ROFL" after reading this. As I witnessed this today as well. A large number of super small orders doing the same thing. I'm was giving these guys the benefit of the doubt, that perhaps it is trade bots. Ridiculous amount of 0.001GH/s Buy/Sell spam orders placed, assuming these are market testers seeing how other bots will react. Although I may be wrong.
psycho-managing w/ dozens of separate single Gig orders @ .0980001 ,.0980002 , .0980003 ad nausea. <---good comedy right there folks

Congrats, more bragging rights then what I can say. Sounds like you have a "CEX Sense" or 6 sense on the market(<--boo, cheap comedy ). If I was pushing larger volume like that I would be in the same profit margins club.

Its funny you mention referrals. Perhaps I should post this separately so that its highlighted to the CEX team.

Obviously not a priority for CEX but it would be great if the dashboard would display where your referrals were coming from. In the beginning I came on heavy with my referal link. Its littered around email sigs, personal email conversations, social networks, etc. I am getting a ton of daily "Hits". No sign ups yet but still would be interesting to see the source of click-throughs.

This is good. True story here.
And Kudos on starting a channel, it was a good idea. Will have to stop by at some point.

Even having made a number of butter finger trades - I'm still up 2.25btc($500) after about 5 days (initial investment 9 btc).  Haven't made any particularly great or big trades - just hopping back and forth as the market depth shifts.  Assuming the exchange is still alive in another week, I  am comfortable tripling my initial 9 - at that rate, I will be A LOT closer to profitability with mining alone.  

Really wish I had signed up w/ someone's referral link - sorry guys, didn't know I was going to fall in love - found cex in my spam folder ...for my e-mail leaked by MtGox breach in 2010.  That has to be one seriously valuable spam list - lots of 'old money' BTC to be had there.

Speaking further to the aforementioned CEX Effect:

- I cannot overstate the [perceived or actual] advantage of having your mining rewards accumulate while you leave those GHs sitting at your high sell price.

-Also, the ability to instantly divest mining profit to increase your mining power whilst adding to bitcoin network stability without all the messy, whiney, sweaty equipment.  After about a year of whizzing fans polluting my soundspace, its kinda nice letting someone else babysit the hardware for a while.  

-Why GHs loves .1 and BTC loves $200? Round integer convenience - 10GHs for 1BTC / 1000 CNY / 200USD.  Psychological resistance (especially around currency conversion factors) can overcome larger market forces.

Also, working on pulling my trade history together - would like to see some export options in the future.