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huryde
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September 30, 2013, 04:35:46 AM |
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It's a really cool site and I like the ghash.io pool. Remember its a game of hot potato, as the value of GH will drop to .16 around the next difficulty adjustment. Buy and hold also works, just be careful to calculate your exit point.
Not sure it works exactly like that. I just tried selling my GHS because they were selling for more than what I originally paid. It looks like there is a delay to prevent people from pumping and dumping. Its not instant like when purchasing them. The system seems to just not take back the GHS like you would assume. Maybe an order must be placed at the current price then your sell order gets bundled in. |
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"The nature of Bitcoin is such that once version 0.1 was released, the
core design was set in stone for the rest of its lifetime." -- Satoshi
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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Zeek_W
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September 30, 2013, 04:37:52 AM |
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It's a really cool site and I like the ghash.io pool. Remember its a game of hot potato, as the value of GH will drop to .16 around the next difficulty adjustment. Buy and hold also works, just be careful to calculate your exit point.
Not sure it works exactly like that. I just tried selling my GHS because they were selling for more than what I originally paid. It looks like there is a delay to prevent people from pumping and dumping. Its not instant like when purchasing them. The system seems to just not take back the GHS like you would assume. Maybe an order must be placed at the current price then your sell order gets bundled in. Yeah I tried to sell mine when it was at 0.245 per GH (bought for 0.2) - someone bought 0.06 GH worth lol |
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huryde
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September 30, 2013, 05:25:29 AM |
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Yeah I tried to sell mine when it was at 0.245 per GH (bought for 0.2) - someone bought 0.06 GH worth lol
The nice thing is you can leave it for sale at a set price and it will still mine for you in the pool. I guess you have to wait until someone comes and buys GHS at or above your sale price. It would be a nice option if you could set it up where you sell your own GHS as an option price. Then there would be a list of options you could choose from outside of the base market price. |
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hasher87
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September 30, 2013, 06:03:07 AM |
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this would be just like dms.mining, the shareprice/gh will eventually goes down, but then again this is very interesting knowing you know how much per gh your purchase with your btc
sad that i didnt have enough btc when the price was 0.2 per gh lol
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Zeek_W
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September 30, 2013, 06:21:08 AM |
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10% return from 24 hours of occasionally checking the price while mining. Feels good!
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wickedsick
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September 30, 2013, 06:49:18 AM |
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it does work...put the price in and the box will become green...then place the order
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mutex
Member
 Offline
Activity: 99
Merit: 10
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September 30, 2013, 06:55:42 AM |
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Interface is lacking an ability to buy/sell an existing order with couple clicks, one to choose an order from list and auto-fill the form with price and amount and the second to do the trade.
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Micky25
Legendary
Offline
Activity: 974
Merit: 1000
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September 30, 2013, 07:12:40 AM |
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Interface is lacking an ability to buy/sell an existing order with couple clicks, one to choose an order from list and auto-fill the form with price and amount and the second to do the trade.
why would you want to do that? Isn't it easier to put in the amount you want to buy and the price you want to pay and let the system do the rest? |
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androsyn (OP)
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September 30, 2013, 07:33:08 AM
Last edit: September 30, 2013, 07:52:10 AM by androsyn |
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why would u buy 1 GH for 0.22 BTC there ? its very expensive
compared to what? assume total cost less than 5 BTCGHS Value is rising accordingly, you can sell later..I could sell now (but I'm not crazy) and have +1BTC of interest |
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manrus
Legendary
Offline
Activity: 1334
Merit: 1004
TTM
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September 30, 2013, 10:33:25 AM |
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why would u buy 1 GH for 0.22 BTC there ? its very expensive
compared to what? assume total cost less than 5 BTCGHS Value is rising accordingly, you can sell later..I could sell now (but I'm not crazy) and have +1BTC of interest it's too small  Also price 0.25 good because you can sell your power at any moment. |
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GenTarkin
Legendary
Offline
Activity: 2450
Merit: 1002
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October 01, 2013, 02:14:40 AM |
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Im confused, whats the point of pointing my miners to ghash.io ?? can I sell my hashrate on cex.io or something?
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klondike_bar
Legendary
Offline
Activity: 2128
Merit: 1005
ASIC Wannabe
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October 01, 2013, 02:27:44 AM |
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Im confused, whats the point of pointing my miners to ghash.io ?? can I sell my hashrate on cex.io or something?
AFAIK its 0% fees |
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Zeek_W
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October 01, 2013, 02:32:23 AM |
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Im confused, whats the point of pointing my miners to ghash.io ?? can I sell my hashrate on cex.io or something?
AFAIK its 0% fees For now! |
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MWNinja
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October 01, 2013, 02:50:57 AM |
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It's a really cool site and I like the ghash.io pool. Remember its a game of hot potato, as the value of GH will drop to .16 around the next difficulty adjustment. Buy and hold also works, just be careful to calculate your exit point.
Not sure it works exactly like that. I just tried selling my GHS because they were selling for more than what I originally paid. It looks like there is a delay to prevent people from pumping and dumping. Its not instant like when purchasing them. The system seems to just not take back the GHS like you would assume. Maybe an order must be placed at the current price then your sell order gets bundled in. It's not a delay, there has to be a buy order and enough volume for you to sell your shares. And I guarantee they will drop in value considerably around the time of the next difficulty adjustment. The site admin has the resources to pump the price, and has made trades that do exactly that (which made me a tidy profit). |
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ErebusBat
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October 01, 2013, 03:40:14 AM |
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The site admin has the resources to pump the price, and has made trades that do exactly that (which made me a tidy profit).
Could you explain this in more detail? On the surface this seems very unethical. |
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Zeek_W
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October 01, 2013, 04:03:01 AM |
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It's a really cool site and I like the ghash.io pool. Remember its a game of hot potato, as the value of GH will drop to .16 around the next difficulty adjustment. Buy and hold also works, just be careful to calculate your exit point.
Not sure it works exactly like that. I just tried selling my GHS because they were selling for more than what I originally paid. It looks like there is a delay to prevent people from pumping and dumping. Its not instant like when purchasing them. The system seems to just not take back the GHS like you would assume. Maybe an order must be placed at the current price then your sell order gets bundled in. It's not a delay, there has to be a buy order and enough volume for you to sell your shares. And I guarantee they will drop in value considerably around the time of the next difficulty adjustment. The site admin has the resources to pump the price, and has made trades that do exactly that (which made me a tidy profit). Hope they do it again! |
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MWNinja
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October 01, 2013, 04:08:20 AM |
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The site admin has the resources to pump the price, and has made trades that do exactly that (which made me a tidy profit).
Could you explain this in more detail? On the surface this seems very unethical. He has 200TH of which around 3TH he has put up on market, at any point he can dump GHS. He's also mining with 200TH...so he has the BTC to buy the price up. |
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huryde
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October 01, 2013, 04:55:37 AM |
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He has 200TH of which around 3TH he has put up on market, at any point he can dump GHS. He's also mining with 200TH...so he has the BTC to buy the price up.
Source? |
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frankenmint
Legendary
Offline
Activity: 1456
Merit: 1018
HoneybadgerOfMoney.com Weed4bitcoin.com
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October 01, 2013, 08:40:24 AM |
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He has 200TH of which around 3TH he has put up on market, at any point he can dump GHS. He's also mining with 200TH...so he has the BTC to buy the price up.
Source? Common sense you dimwit |
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klondike_bar
Legendary
Offline
Activity: 2128
Merit: 1005
ASIC Wannabe
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October 01, 2013, 11:33:19 AM |
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He has 200TH of which around 3TH he has put up on market, at any point he can dump GHS. He's also mining with 200TH...so he has the BTC to buy the price up.
Source? Common sense you dimwit *smirk* +1 |
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