CEX.IO Has anyone used it? | Bitcointalksearch.org

Renampun

sr. member

Activity: 2338

Merit: 365

Quote from: ?? on ??

Did you get scammed by Cex as well? Did they take your funds in hostage so you had to pay big fees for conversion?

Join us in our legal case against Cex:
https://t.me/cryptotribunal_vs_cexio

I thought why did you raise the thread that has been buried for a long time?

in the scam accusations thread, I've seen 4 threads that say CEX.IO is a scam
https://bitcointalksearch.org/topic/cexio-warning-its-a-scam-exchange-5104071
https://bitcointalksearch.org/topic/cexio-scam-2174542
https://bitcointalksearch.org/topic/cexio-scam-beware-filing-a-complaint-2756135
https://bitcointalksearch.org/topic/cexio-scam-alert-2797855

if your goal is just to remind members of this forum, I appreciate that & thanks you.

wrenchmonkey

full member

Activity: 224

Merit: 100

Quote from: OracionSeis on October 27, 2013, 09:00:32 AM

USELESS! WASTE OF TIME AND MONEY!

...says the guy advertising bitcoin casinos. Cheesy

s1lverbox

legendary

Activity: 2324

Merit: 1039

Quote from: DiamondCardz on October 27, 2013, 09:13:51 AM

1GH/s makes about this much:

http://eligius.st/~wizkid057/newstats/userstats.php/1Diamond81T9za2ZDwnY92TpvjXAN9DbWi (3 block eruptors)

It's not really worth buying, unless you can quickly sell for a similar amount.

Guys, u not buying this for this ammount. U r hiring this to work for u. I did bought 32GH/s and already made 0.40BTC withing 6 days. i know its not super a lot but if i will put hashpower back on market i will get more than most of u who have hardware at home. So YES its more profitable than hardware this days and i have more hope with them than with gear from BFL and others scammers.

Anthony1982

newbie

Activity: 6

Merit: 0

All these proposals are nothing, it is easy to earn money by using mining equipment themself, but it is more profitable, as they think, to make money by rent of this mining equipment.

DiamondCardz

legendary

Activity: 1134

Merit: 1118

1GH/s makes about this much:

http://eligius.st/~wizkid057/newstats/userstats.php/1Diamond81T9za2ZDwnY92TpvjXAN9DbWi (3 block eruptors)

It's not really worth buying, unless you can quickly sell for a similar amount.

geofflosophy

sr. member

Activity: 336

Merit: 250

CEX.io shares are currently overpriced. The cost is 0.09898 BTC/GH, and 1 GH will never earn that many BTC at current and projected future difficulty levels. I would consider buying at around 0.04 BTC, but it doesn't look like anyone is willing to sell at that level right now. Ultimately there will be a lot of bag holders.

OracionSeis

hero member

Activity: 756

Merit: 500

USELESS! WASTE OF TIME AND MONEY!

wrenchmonkey

full member

Activity: 224

Merit: 100

Quote from: sedative on October 27, 2013, 01:36:43 AM

Is it just me or has ghash.io been working 4 hours and got nothing?

Are you not familiar with Bitcoin mining? Block 266311 took 5 hours to solve. 266261 took less than a minute. These things fluctuate and average out. Give it time to solve a few blocks. Wink

sedative

newbie

Activity: 9

Merit: 0

Is it just me or has ghash.io been working 4 hours and got nothing?

odolvlobo

legendary

Activity: 4466

Merit: 3391

Quote from: sedative on October 26, 2013, 06:31:01 PM

It's been hovering around $16-$19 per GH for the last few days which still seems a bit too high for me.

It is better to think in terms of BTC rather than dollars because mining generates BTC.

Consider this: if BTC dropped in value by 90%, then the price for 1 GH/s would become between $1.60 and $1.90. Wouldn't that be an awesome deal? No, because the revenue (in dollars) from mining would also be cut by 90%.

sedative

newbie

Activity: 9

Merit: 0

It's been hovering around $16-$19 per GH for the last few days which still seems a bit too high for me.

odolvlobo

legendary

Activity: 4466

Merit: 3391

Quote from: Shynume on October 26, 2013, 05:18:03 PM

Although it looks a bit complicated I'm gonna go ahead and try out CEX today

Wish me luck!

I'm curious about why you are going to try it out. How much do you think you will earn? Can you please show me how you have estimated your return? Do you think that you will earn more than the 0.95 per GH/s that it costs?

Shynume

newbie

Activity: 1

Merit: 0

Although it looks a bit complicated I'm gonna go ahead and try out CEX today

Wish me luck!

Two9A

newbie

Activity: 15

Merit: 0

It is an intriguing idea. I only have a tiny amount of BTC, so I bought 80MH on Cex: in addition to the 330MH of my little Block Erupter, I'm positively rolling in satoshis.

It does seem, however, that you can roll your mining output into the purchase of more hashing power on Cex, so I might do that. 0.1GH, here I come...

Vancityguy

newbie

Activity: 21

Merit: 0

It's definitely an interesting idea. Trading a constantly deflating asset seems to have a limited timeframe to make effective however. If your savvy with the market it's possible you could make some profit and free hash power to boot. I would be fairly cautious with it however as many are going to get burnt overpaying for hash power that will never return what they paid for it.

ekiro

full member

Activity: 154

Merit: 101

I wish to know the same. I like the idea of buying mining capacity. I have signed up and will give them a try. It seems a bit tricky though given the unpredictable difficulty bumps. And going forward I suspect it to grow exponentially. Kinda like Moore's law.

I think your best bet will be trading your local currency for BTC and capitalize on the gains there. It's extremely volatile and if you know your stuff you ought to do well.

sedative

newbie

Activity: 9

Merit: 0

Quote from: JessicaSe on October 26, 2013, 07:14:08 AM

Calculated, the difficulty increment is too much to really ROI..

At the current price I agree. Perhaps because this is fairly new people are overlooking this and just want in. Or could be that I'm just overly pessimistic. Wink

JessicaSe

legendary

Activity: 840

Merit: 1000

Calculated, the difficulty increment is too much to really ROI..

otov4its

member

Activity: 62

Merit: 10

Quote from: grothendieck on October 26, 2013, 04:08:07 AM

I have a cloudhashing contract and it's a scamm. I hope that it's not the same but it looks like more serious..

Right its naked scamm.
Where there may be a fair price? Only exchange. Your welcome CEX.io

s1lverbox

legendary

Activity: 2324

Merit: 1039

Quote from: grothendieck on October 26, 2013, 04:08:07 AM

I have a cloudhashing contract and it's a scamm. I hope that it's not the same but it looks like more serious..

Look here and check how many people asked for refund and how many got it:

https://bitcointalksearch.org/topic/m.3412630

Topic: CEX.IO Has anyone used it? (Read 6242 times)