Topic: [Not] Good price at CEX.io - page 5. (Read 49095 times)

I did mention it was a referral-less fixed initial deposit account. If I was pointing referrals at that account, I wouldn't make out like my postings about this account and the bots I run in it are objective. Keeping it just so was my original intention.


Full disclosure: I have a 2nd cex account which I use solely for referrals and occasional hardware miners, since bots for cex are young and can't be told to leave a proportion of an account's funds alone (yet). Because I've blogged and posted in detail and with no truthbending on this forum and elsewhere, dialogued with bot authors, and set up some actual humans I know IRL with cex accounts + bots, I do get some referrals, yeah. But these graphs of mine don't include them. And they're a lot smaller than the profits I'm graphing.


Naw, I was following up on my previous post in this thread, at which point the point you speak of was somewhat in dispute, which I was keen to dispel by demonstrating via graph that if you're agile you can indeed trade and gain on cex's unique staircase-like downslope.


Pity about that, since even a cursory examining of my posting history shows that we took fairly different approaches to cex, and while I'm not shy about posting that cexio is working for me, I'm also posting how I'm doing so and with what tools. tl:dr: gekko+caution.

So the embittered mass of one can feel free to carry on ignoring and ignore that too. It's also real sweet to see such eagerness to dis my sig while consistently ignoring the part that says "It's short for Thomassina" and insisting on calling me "he" and a "salesman". That's classy.

I see a user "Thom" on my ignore list posted something but judging from the quoted parts, I'm sure his are the same weasel-ish pseudo-arguments as xandriel uses.

Wouldn't be surprised to see some graph with a make-believe story of oh-how-ever-successful the guy doubled his money on cex.io as "proof" (because he tried to pull that off those payed-shill-BS on various occasions, just to get his story destroyed within minutes, thus him ending up on my ignore list). These paid shills always run with the same stories somehow.

(disclaimer : of course I sneak-peeked to see it )

I hold it as self-evident that nobody with a referral link to cex.io can claim objectivity about cex.io.


Congratulations! You've just proved what nobody was actually disputing: that it is possible to day trade at cex.io. For that matter, you can day-trade anything that has regular fluctuations. It would be stupid for me to disagree with that, and it's even stupider for you (and everyone else) to keep pointing that out. This is not actually in dispute.

Way to completely and utterly miss the point!

But as long as we're talking about day trading: if you engage in day trading something that has a predictable downward slope -- with no mechanism for short sales -- you're necessarily taking on more risk than almost any other day-trading opportunity. This will result in losses, despite some percentage of individuals who are lucky or skilled enough to make a profit. On the whole, there will be BY DEFINITION more losers than winners in such a context.

Sorry to jump into such an impassioned debate, but I thought I should objectively report:
It's still very much possible to make a profit at cex.io IF you trade well instead of just holding.

As you can quite clearly see: Have a graph telling the jittery tale of how it's entirely possible to double your investment in under a week.

Watch twin the peaks; each blip is an hour's average, so partial hours spent holding BTC register low, so only peaks are relevant.

This account took no deposits over the duration of this graph, and has no referrals to make sure profits/losses are easy to track. It sells all its NMC for GHS, and it trades GHS/BTC on EMA curves and a fair bit of human trading intervention.

And yes, I have a cexio referral link in my sig, too! It's a perfect complement to honest posts reporting profits and success at cexio, no?


Think about it: If they burned what you lost trading, it would be gone. As you can see, y'all sold it to other users. For too little.

So I guess... sorry-not-sorry but thanks and carry on?

I think it's rad that when you're in a hole, you keep digging. Balls-out, man!


You're dodging the question. Again. The statement "I have not accepted any payment" is deliberately misleading and you fucking know it. Either you have received something in return for your referral link, or you haven't made any referrals. Which is it? This bit about "accepted" is just weasly. There is no "accept" in this context.


I realize this was probably directed at FalconFly, but I'll answer anyway. Yes, I think those members are spamming the forum.


You keep saying that, presumably in some vain hope that if you repeat it enough times it will be true. It won't.

It tells you nothing of me, but more of your inability to read and comprehend. Sure you don't 'accept' a referral. I was simply stating that I have not accepted any payment...or to put in a way so you might understand, I have not gained anything from the referral link.

Yes, GH/s has dropped to 0.027 currently, money burning it must be, which is why I have more btc now than before the recent crash. I will continue to make money, by mining when the market is stable and holding btc when it is not. I don't have time to watch the markets all day, so trading is very limited. If in doubt I flip to btc.

Also, I have seen many better forum members than yourself supporting referral links in their sig. Are you really suggesting all such members are spammers?

Your pointless arguments about a subject you clearly know nothing of just makes you look even more ridiculous.

PS: I see btc is also down

Now that's actually a hilarious statement which tells alot about you.

Everyone knows you don't "accept" that provision - you have no choice, this is a fully automated process once someone falls for it and actually makes a GHs purchase.
And the only single reason for anyone to put on such a Referrer Lins as a Sig is to Spam the forum and hope for such harvest. Otherwise, why would you put it there?

Cheap words you offer but your actions reveal your true motives, attempting to argue otherwise just makes you look even more ridiculous.

PS.
I see cex GHs price already fell below 0.027 BTC... *lol*

Looks like my predictions came true in literally no time. Significant investment losses realized in less than 6 weeks - and this is just the start (in case anyone still thinks it's a good idea to mine with rented cex.io GHs).
Proves once again cex.io cloud mining is a money-burning machine par excellence, that's something they're actually really really good at.

You are trading a rigged market.  Sure it is *possible* to earn by trading, just like it is *possible* for you to win a coin toss with a rigged coin where you only win 30% of the time.

Doesn't mean it is smart, nor typical for the average person.

Again, I doubt your honesty. Have you actually refused payment from cex.io for your referral link? Or have you never actually been successful in getting anyone to sign up?


I'm a big fan of empirical evidence, and as such I'm going by what I can see. I see a referral link in your sig. Either you get something out of that referral link, or your referral link has never actually resulted in a successful referral. Either way, you're still working for them -- the fact that you haven't yet been paid is just semantics.


Well, duh. It doesn't take a rocket scientist to do that calculation, and it's been that way for a long time. Maybe always.


Yes. That's what I claim. Run the numbers. Show me a scenario where you could make back your BTC investment in GHs from just mining at cex.io. You can't, unless you include trading. Period.

No, you clearly see a referral link in my sig, but I have never accepted any payment from it. Once again you profess to know about things you have no information on.
So, by not accepting any payment, I am in fact neutral about cex.io.

Day trading is one thing, which I have attempted more recently as the cex markets have not been so good for mining. I started to learn it to increase the profit I was already making from mining.
Again you will exclaim that it is not possible from just mining. A person who has no idea about cex, has not used cex, never would use cex.
Yes there is some trading involved, it is a trading platform after all. But you CAN make a profit without much trading, just enough to sell when the price drops, and buy back at a lower cost. What you have in between is mining.

Some honesty? I am trying to give you just that. You can make a profit with cex.io, but not if you just want to sit back and let the BTC roll in. It doesn't work that way. The GH/s prices tends downward, but the market price goes up as well as down. A little bit of intelligence and you can make a reasonable profit.

Or you could hold your BTC in a wallet, and maybe sell for more than you paid...or maybe not.

That's like asking for a quiet room in Delhi.

I'd like some fucking honesty in this forum, and a lot less hucksters.

So I'm imagining the referral link in your sig, then? Seems to me that you are in fact promoting their business and accepting payment for it. That's the textbook definition of "being paid", and that colors everything you say about cex.io.

If you want to actually be seen as neutral, you can't accept money from them.

That's day trading, not mining. If you would stop faffing about and call it what it is -- DAY TRADING -- then none of us on this side of the fence would be taking issue with it. There's nothing inherently wrong with day trading, unless you attempt to insinuate that "cex.io is profitable" without clarifying what you're doing there. My primary issue here is the assertion by a never-ending stream of dimwits that "mining" is profitable at cex.io. It is in fact not. The profit you're receiving comes from day trading. End of.

Now if you'd start presenting that picture more honestly (instead of saying "I'm making a profit at cex.io" like a shill) then we wouldn't be having this conversation.

So are you going to be honest, or are you going to continue to act like a shill?

I did, but also sold them well before it dropped to 0.026.
In fact I have bought and sold many times since then, and earned enough BTC to buy another miner for home.

It has not all been profit, I am not such a good trader. Actually I am far too cautious so sometimes I make little losses, but overall I gain...otherwise I would not be doing it.

Xandriel you wrote in this thread that you purchased GHs for 0.042, the price is now 0.026. Does not look like profit to me.

Well you will be waiting a very long time....
In the mean time I will be happy knowing that I AM making a profit, and that you are increasingly annoyed by it.
You have an over-simplistic mathematical model of a complex domain, but I'm certain a more correct model would be far to complex for your limited intellect to handle.

The only 'asshole' here as far as I am concerned is the one who is belittling the achievements of another.
As I said before, I do not get paid by cex.io or anyone else. Believe it of nor I have no connection with anybody or business. I am just a home miner/trader/user of bitcoin and happy to spread the word of a company that I believe in.

My sig doesn't meet your approval? Oh no, what a shame.

What do you expect form a "Village Idiot"? 

I dont like neither his nor your tone, but after X-pages everyone should have understood that CEX.io is about speculationg qith GHS and not mining site. I really would appreceate if we can getmire civilized...

I will not rest until assholes like you are banished from the realm.

^^^^^ Note sleazy referral link in post above ^^^^^

Now ask yourself what this chump has to gain from his participation here.

HINT: He's lining up the "greater fool".