I have to be missing something here, people are buying 1GH/S for $32.50?

It is not correct when you say "in cex price this is not the case"..

It's like there was an potato market where exactly same potatoes, would valued 10 times higher than same potato elsewhere.

In cex this is the case because of false data.

They market their potato as it is more valuable than others, but it is same rotting potato which looses price as everywhere else.

I consider this as a sophisticated fraud cause they present data not as it really is, and prices stay high cause there are many people to believe these lies.
Their built in calculator is on purpose mixing USD with BTC and on purpose ignoring difficulty.

You are one of the few people to have gone into CEX.IO and admitted their mistake.

If you read earlier in this thread you will see that you have said pretty much all that I have.

The price of GHS trends downwards all the time. Any long-term position will be a losing one.

There is no chance of being a successful long-term trader of GHS in a skewed market where the price is always trending downwards.

Any attempt at guessing a temporary move upwards would be gambling not trading.

And finally, yes an instrument to short GHS would be ideal. But anyone would be a fool to sell one to us. Nobody would sell an option or a futures contract on a commodity whose price at some forward date will be lower than it is now with probability 1.0

The only people talking up GHS on CEX.IO are people with affiliate links to CEX.IO at the bottom of their signature.

Now, you and I will see the idiots' replies.

I have updated the calculations at the current difficulty. I used 0.068 btc per GHS and 650 US per btc which gave an initial investment of US44.2 the expected return considering reduction was US-33.15 (note i use the expert setting). This means if you spend 1 btc to buy ghs you will probably only ever mine 0.25 btc! To break even the price needs to be 0.0175 btc per GHS. This game of chicken holding GHS to trade is getting ridiculous.