CEX.IO Interview with Jeffrey Smith

[OhMyCoin]

CEX.IO are making a lot of announcements recently, looks like more still to come, worth a read.

http://bitcoinist.net/qa-with-cex-ios-jeffrey-smith/

"We are constantly working hard to improve CEX.IO services. We are now in the process of adding the most demanded trading pairs on the exchange, making our website even more user-friendly, and expanding mining options on GHash.IO by adding new coins etc.

We are also trying to speak out more and listen to our users in order to track what is currently happening in the cryptocurrency industry. We are looking into participating in the upcoming Bitcoin conferences and discussions and cooperating with other leading Bitcoin services and platforms. Our hope is to drive broader adoption of cryptocurrencies and launch educational projects. We are open for dialogue and joint projects.

Apart from that, we are partnering a very cool project, called VBBB.com, which is a crypto-exchange white label platform that allows anyone to open up their own exchange. CEX.IO provides shared order book and mining contracts to exchanges, which use VBBB software."

[OROBTC]

...

cex.io would likely attract more people interested in cloud mining if they offered a better rate of return.

If they were to do that, they would get more capital to buy more & faster ASICs.

Offer an interesting service and share the wealth.  Add value to your customers/investors.  THAT is how a company succeeds.

[ajw7989]

The problem with cex.io is not the high price since that is regulated by supply and demand but the maintenance fees is the real killer. 30% is unacceptable and they need to get to where it used to be around 5-10%