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Topic: Why CEX.IO pricing hasn't adjusted congruent to the difficulty change? (Read 2547 times)

newbie
Activity: 56
Merit: 0
It‘s time to buy some.
sr. member
Activity: 434
Merit: 250
Its going to drop again...buy it at 0.04..
hero member
Activity: 756
Merit: 500
It seems to be dropping suddenly about 24-48 hours before the diff change.  I called it 2 days ago that it would go to .09 within 48 hours and was dead on.  The next one will drop it down to about .05 from the looks of the market depth chart at this point.  I didn't gamble this drop, I wanted to see how this one went.  I think I will next time.
legendary
Activity: 1470
Merit: 1001
Use Coinbase Account almosanywhere with Shift card
It's dropped a lot lately down to .085. My guess is it will drop even more.
legendary
Activity: 1153
Merit: 1000
I'd say its because of the 0 fees there. Daytraders just wanna stay on top of all orders and just squeeze the money out of those trades.  Of course they could do this at a lower price too but then the buysupport and competition would probably be bigger.

Then they are trading something that has an intrisic value below what they are exchanging it back and forth for. Seems to be a lot of risk for picking up pennies here and there.
sr. member
Activity: 308
Merit: 250
I'd say its because of the 0 fees there. Daytraders just wanna stay on top of all orders and just squeeze the money out of those trades.  Of course they could do this at a lower price too but then the buysupport and competition would probably be bigger.
hero member
Activity: 798
Merit: 531
Crypto is King.
Can anyone speculate why the GHS pricing hasn't fallen due to the difficulty change? Is this something we will see suddenly happen, or will it gradually degrade?
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