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Title: How does CEX.io distribute new Gh? Post by: tripppn on October 30, 2013, 02:31:14 AM I've been wondering how exactly Cex.io distributes more GH/s into their market. Like when they put more hardware online or want to sell off some of their own hashing power from the reserves do they just sell it at market price because that would cause the price to drop dramatically every time they did. So how do they balance new shares into the market without effecting price?
Title: Re: How does CEX.io distribute new Gh? Post by: TheDragonSlayer on October 30, 2013, 08:40:31 AM I've been wondering how exactly Cex.io distributes more GH/s into their market. Like when they put more hardware online or want to sell off some of their own hashing power from the reserves do they just sell it at market price because that would cause the price to drop dramatically every time they did. So how do they balance new shares into the market without effecting price? They did a IPO back then, after that no body knows.... but my wild guess is they would sell it to the market if they think its too high and buy back when its too low.. Title: Re: How does CEX.io distribute new Gh? Post by: beegatewood on October 30, 2013, 10:55:00 AM I've been wondering how exactly Cex.io distributes more GH/s into their market. Like when they put more hardware online or want to sell off some of their own hashing power from the reserves do they just sell it at market price because that would cause the price to drop dramatically every time they did. So how do they balance new shares into the market without effecting price? IPO :). They might do more IPO in the future... Title: Re: How does CEX.io distribute new Gh? Post by: Asrael999 on October 30, 2013, 01:05:46 PM IPO :). They might do more IPO in the future... [/quote] You know you can only ever do one IPO right? The I stands for Initial.......... Title: Re: How does CEX.io distribute new Gh? Post by: Klubknuckle on October 30, 2013, 01:41:14 PM IPO :). They might do more IPO in the future... You know you can only ever do one IPO right? The I stands for Initial.......... [/quote] Lets just call it PO then, but I think they are selling it to the market secretly... |