**CEX.IO Bitcoin Exchange ** Buy Bitcoins with Cards in iOS / Android App*** - page 82.

pumawolf

sr. member

Activity: 968

Merit: 250

Quote from: jjdub7 on May 26, 2014, 10:41:52 PM

Question - what explains the disparity in price between twentyseventy's BDD.MINE contract and CEX.io prices? CEX.io prices are floating around the 0.00677/Ghs range, while BDD is trading at 0.00616/Ghs. Both have a proven record of paying out...what's the difference?

BDD.MINE - https://www.havelockinvestments.com/order.php?symbol=B.MINE

i trade at both, all tho havel is cheaper , i perfer cex , cex is way more liquid. and havel has trade fee or sell only, i forget the percentage. i dont even log on sometimes i just know my orders did not get match by the numbers i see. takes more patients to trade on havel. feels more suited for long term than daytrade on havel.

CEX

legendary

Activity: 1227

Merit: 1003

Dear CEX.IO Users,
We are glad to announce that we have started an official GHash.IO thread.

You can find it here:
https://bitcointalksearch.org/topic/closing-ghashio-mining-pool-official-page-627111

Feel free to stop by and say hi.

Thanks.

jjdub7

hero member

Activity: 938

Merit: 502

Quote from: SecureErase on May 26, 2014, 11:07:22 PM

Quote from: jjdub7 on May 26, 2014, 10:41:52 PM

Question - what explains the disparity in price between twentyseventy's BDD.MINE contract and CEX.io prices? CEX.io prices are floating around the 0.00677/Ghs range, while BDD is trading at 0.00616/Ghs. Both have a proven record of paying out...what's the difference?

BDD.MINE - https://www.havelockinvestments.com/order.php?symbol=B.MINE

Well one big difference is BDD.XXX is a pretty complicated vehicle to even understand. The CEX.IO GHS is simple to comprehend in comparison.

"Bitcoin Difficulty Derivative (BDD) is a set of three distinct linked securities, BDD.MINE, BDD.SELL, and BDD.EXCHANGE, that allows users to speculate on the future of the Bitcoin Network Difficulty.

BDD.MINE acts as a 5 GH/s (5 GigaHash per second) Mining Bond
BDD.SELL is a bet that buyers will overvalue BDD.MINE
BDD.EXCHANGE is the security that can be purchased to receive a BDD Pair (1 BDD.MINE and 1 BDD.SELL)"

Huh

Right, but BDD.MINE in and of itself functions exactly like 5 equivalent shares on Ghash.io with the added benefits that its simulated based on the difficulty and paid out of the initial capital put in at the IPO, so it'll never encounter issues like failover pools/maintenance fees growing. The EXCH and SELL are just mechanisms to prevent the price from entering a bubble (since new entrants can purchase a pair at the price ceiling set by the parameters of the derivative for BDD.EXCH and arbitrage trade if the combined market for MINE and SELL is over 103% of that stated value).

Same thing goes for PETAMINE, although those Ghs are priced a bit higher than BDD.MINE and are backed by real mining power like Ghash. So is the difference just the backing presence of "actual" hashing power? The price difference between these three assets hasn't hit convergence yet, and I'm trying to determine exactly what market forces are in play.

SecureErase

member

Activity: 83

Merit: 10

Quote from: jjdub7 on May 26, 2014, 10:41:52 PM

Question - what explains the disparity in price between twentyseventy's BDD.MINE contract and CEX.io prices? CEX.io prices are floating around the 0.00677/Ghs range, while BDD is trading at 0.00616/Ghs. Both have a proven record of paying out...what's the difference?

BDD.MINE - https://www.havelockinvestments.com/order.php?symbol=B.MINE

Well one big difference is BDD.XXX is a pretty complicated vehicle to even understand. The CEX.IO GHS is simple to comprehend in comparison.

"Bitcoin Difficulty Derivative (BDD) is a set of three distinct linked securities, BDD.MINE, BDD.SELL, and BDD.EXCHANGE, that allows users to speculate on the future of the Bitcoin Network Difficulty.

BDD.MINE acts as a 5 GH/s (5 GigaHash per second) Mining Bond
BDD.SELL is a bet that buyers will overvalue BDD.MINE
BDD.EXCHANGE is the security that can be purchased to receive a BDD Pair (1 BDD.MINE and 1 BDD.SELL)"

Huh

jjdub7

hero member

Activity: 938

Merit: 502

Question - what explains the disparity in price between twentyseventy's BDD.MINE contract and CEX.io prices? CEX.io prices are floating around the 0.00677/Ghs range, while BDD is trading at 0.00616/Ghs. Both have a proven record of paying out...what's the difference?

BDD.MINE - https://www.havelockinvestments.com/order.php?symbol=B.MINE

aasl

sr. member

Activity: 476

Merit: 250

Quote from: WheresWaldo on May 24, 2014, 08:47:01 AM

Quote from: aasl on May 23, 2014, 11:50:21 AM

safety measures in cex.io are good.

or is it

good for now.

WheresWaldo

full member

Activity: 210

Merit: 100

Quote from: aasl on May 23, 2014, 11:50:21 AM

safety measures in cex.io are good.

or is it

forzendiablo

legendary

Activity: 1526

Merit: 1000

the grandpa of cryptos

id liek to see LGD and SUN added

aasl

sr. member

Activity: 476

Merit: 250

safety measures in cex.io are good.

SecureErase

member

Activity: 83

Merit: 10

Quote from: kevstrophic on May 22, 2014, 01:51:57 AM

Cyber Attack is very real and very dangerous.

Today's news 21 May 2014. Ebay got hacked.
https://www.yahoo.com/tech/ebay-hacked-urges-all-members-to-change-passwords-86405258249.html

Previously Mt Gox got hacked and collapsed.
http://www.telegraph.co.uk/finance/currency/10686698/Bitcoin-exchange-MtGox-faced-150000-hack-attacks-every-second.html

Personally, i think CEX.IO should enhance their security measures, especially with so many people putting their hard earned money investing in CEX.IO's cloud mining. 2FA is simply not enough.

Below are 2 recommendations for better security measures:

1) Bitcoins and funds should be insured. Many bitcoin companies are already doing it. Will CEX.IO consider this too? This the the bare minimum to enhance customer's confidence.

2) Cold storage offline vault. It should be also encrypted. So that it will greatly minimize any chance of cyber attacks.

Let's face it, the maintenance fee that we pay for CEX.IO's cloud mining service is not exactly low even with the recent lower of fees. Heightening the security of our investment in CEX.IO is the least that CEX.IO can do for us improving our trust in the company.

I am a customer of CEX.IO, I wish for the company to grow strong, so that I can grow with it too.
I hope to see improvements in the near future. Cheers

Actually to get BTC out is 3 factor - Login in credential (1) SMS to Phone (2) Withdraw request e-mail confirmation (3). I would have to have my password, phone and e-mail compromised at the same time to be at risk of un-authorized withdrawal.

cesmak

legendary

Activity: 1057

Merit: 1009

Quote from: kevstrophic on May 22, 2014, 01:51:57 AM

Cyber Attack is very real and very dangerous.

Today's news 21 May 2014. Ebay got hacked.
https://www.yahoo.com/tech/ebay-hacked-urges-all-members-to-change-passwords-86405258249.html

Previously Mt Gox got hacked and collapsed.
http://www.telegraph.co.uk/finance/currency/10686698/Bitcoin-exchange-MtGox-faced-150000-hack-attacks-every-second.html

Personally, i think CEX.IO should enhance their security measures, especially with so many people putting their hard earned money investing in CEX.IO's cloud mining. 2FA is simply not enough.

Below are 2 recommendations for better security measures:

1) Bitcoins and funds should be insured. Many bitcoin companies are already doing it. Will CEX.IO consider this too? This the the bare minimum to enhance customer's confidence.

2) Cold storage offline vault. It should be also encrypted. So that it will greatly minimize any chance of cyber attacks.

Let's face it, the maintenance fee that we pay for CEX.IO's cloud mining service is not exactly low even with the recent lower of fees. Heightening the security of our investment in CEX.IO is the least that CEX.IO can do for us improving our trust in the company.

I am a customer of CEX.IO, I wish for the company to grow strong, so that I can grow with it too.
I hope to see improvements in the near future. Cheers

In my opinion, another level of securty is to have walled address memorized and locked, without an easy way to change it, cex.io will have to ask some (i don't know now what could be) extra information to permit a wallet change.

Cheers

SecureErase

member

Activity: 83

Merit: 10

Quote from: SecureErase on May 14, 2014, 09:52:48 PM

Nice trading newguy05. Interestingly GHS and FHM contracts at CEX.IO on a bullish streak this week. GHS 0.0071 +6%, FHM 0.00624 +22%.

Maybe a leading indicator for bullish Bitcoin price rise, just need someone like EBAY to say we'll integrate Bitcoin and.......http://www.coindesk.com/ebay-ceo-actively-considering-bitcoin-integration/ Grin

[/quote]

I am claiming credit for the new BTC bull run Grin

kevstrophic

newbie

Activity: 1

Merit: 0

Cyber Attack is very real and very dangerous.

Today's news 21 May 2014. Ebay got hacked.
https://www.yahoo.com/tech/ebay-hacked-urges-all-members-to-change-passwords-86405258249.html

Previously Mt Gox got hacked and collapsed.
http://www.telegraph.co.uk/finance/currency/10686698/Bitcoin-exchange-MtGox-faced-150000-hack-attacks-every-second.html

Personally, i think CEX.IO should enhance their security measures, especially with so many people putting their hard earned money investing in CEX.IO's cloud mining. 2FA is simply not enough.

Below are 2 recommendations for better security measures:

1) Bitcoins and funds should be insured. Many bitcoin companies are already doing it. Will CEX.IO consider this too? This the the bare minimum to enhance customer's confidence.

2) Cold storage offline vault. It should be also encrypted. So that it will greatly minimize any chance of cyber attacks.

Let's face it, the maintenance fee that we pay for CEX.IO's cloud mining service is not exactly low even with the recent lower of fees. Heightening the security of our investment in CEX.IO is the least that CEX.IO can do for us improving our trust in the company.

I am a customer of CEX.IO, I wish for the company to grow strong, so that I can grow with it too.
I hope to see improvements in the near future. Cheers

SecureErase

member

Activity: 83

Merit: 10

@cex_io are tweeting from Bitcoin 2014 like a live newstream. No need to travel there. Or am I the only 'twit' here Grin

fivejonnyfive

sr. member

Activity: 294

Merit: 250

.0071 ?!?! damn, now I'm sad I dumped....

Maidak

legendary

Activity: 1890

Merit: 1058

Vave.com - Crypto Casino

Quote from: SecureErase on May 14, 2014, 09:52:48 PM

Quote from: newguy05 on May 12, 2014, 01:47:11 PM

out on all fhm contracts, +35% gain. Cool

will get back in once it drops back to 0.004 closer to settlement.

Nice trading newguy05. Interestingly GHS and FHM contracts at CEX.IO on a bullish streak this week. GHS 0.0071 +6%, FHM 0.00624 +22%.

Maybe a leading indicator for bullish Bitcoin price rise, just need someone like EBAY to say we'll integrate Bitcoin and.......http://www.coindesk.com/ebay-ceo-actively-considering-bitcoin-integration/ Grin

I did pretty well on them myself I bought 11ths total between 0.0045-0.0048 been slowly selling it all off.

SecureErase

member

Activity: 83

Merit: 10

Quote from: newguy05 on May 12, 2014, 01:47:11 PM

out on all fhm contracts, +35% gain. Cool

will get back in once it drops back to 0.004 closer to settlement.

Nice trading newguy05. Interestingly GHS and FHM contracts at CEX.IO on a bullish streak this week. GHS 0.0071 +6%, FHM 0.00624 +22%.

Maybe a leading indicator for bullish Bitcoin price rise, just need someone like EBAY to say we'll integrate Bitcoin and.......http://www.coindesk.com/ebay-ceo-actively-considering-bitcoin-integration/ Grin

alexrossi

legendary

Activity: 3766

Merit: 1742

Join the world-leading crypto sportsbook NOW!

Quote from: Crossbow376 on May 13, 2014, 05:09:52 PM

Quote from: alexrossi on May 13, 2014, 05:01:48 AM

Quote from: wayneyoyo on May 13, 2014, 01:21:24 AM

Why is the Maintenance fees are so high now ?

I still remember when i first join theres no Maintenance fees ?

Bitcoin price went down, so now maintenance fee has lot more impact on a ghash. (when it was introduced the price was the same of now, if i'm remembering well)

The maintenance fee was $0.30 / kWH, and it was ~4% of total mining profit in Nov 2013. Cheesy

https://support.cex.io/hc/communities/public/questions/200783457-Official-statement-about-the-maintenance-fee

Quote

Below is the official statement about the maintenance fee:

The fee will be implemented on November 12th 2013.

The maintenance fee is estimated as $0.30 / kW*hour:

$0.17/kW electricity cost + $0.09 data centre upkeep + $0.04 hardware repair/maintenance.

(The power consumption of 1 GHS is 1.5W per hour)

The fee will be billed in BTC per mining share. The estimated fee is 0.000000002695 BTC/share, which makes it ~4% of total mining profit.

Yep, but in nov 2013 BTC price was more than 2x of now, cause the fee is billed directly in BTC, right now has more impact on earnings

Crossbow376

hero member

Activity: 615

Merit: 500

Quote from: alexrossi on May 13, 2014, 05:01:48 AM

Quote from: wayneyoyo on May 13, 2014, 01:21:24 AM

Why is the Maintenance fees are so high now ?

I still remember when i first join theres no Maintenance fees ?

Bitcoin price went down, so now maintenance fee has lot more impact on a ghash. (when it was introduced the price was the same of now, if i'm remembering well)

The maintenance fee was $0.30 / kWH, and it was ~4% of total mining profit in Nov 2013. Cheesy

https://support.cex.io/hc/communities/public/questions/200783457-Official-statement-about-the-maintenance-fee

Quote

Below is the official statement about the maintenance fee:

The fee will be implemented on November 12th 2013.

The maintenance fee is estimated as $0.30 / kW*hour:

$0.17/kW electricity cost + $0.09 data centre upkeep + $0.04 hardware repair/maintenance.

(The power consumption of 1 GHS is 1.5W per hour)

The fee will be billed in BTC per mining share. The estimated fee is 0.000000002695 BTC/share, which makes it ~4% of total mining profit.

byt411

hero member

Activity: 798

Merit: 1000

Quote from: squall1066 on May 13, 2014, 02:58:10 PM

My miners are still popping off and on all over the place, is ghash still sorting out bugs?

Get a backup/failover pool? You should contact their support and open a ticket for issues, you know.

Topic: **CEX.IO Bitcoin Exchange ** Buy Bitcoins with Cards in iOS / Android App*** - page 82. (Read 422328 times)

Topic: CEX.IO Bitcoin Exchange Buy Bitcoins with Cards in iOS / Android App*** - page 82. (Read 422328 times)