CEX.IO

[Coiner.de]

Yes, he is able to sell at a price that doesn't ROI and buy back at a price that does ROI.
A few lucky ones may make a few millibitcoins trading between that margins.
Many will learn that buying something that loses at least half its worth every month is kind of risky.

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[fattypig]

I really like the idea and and price of the price per GH but I am worry this is another scam site. Anybody did a background check on this company?

[lucazane]

0.25 BTC/GHS is still cheap, I have over 50 GHS and I am planning to buy more

[Zeek_W]

0.25 BTC/GHS is still cheap, I have over 50 GHS and I am planning to buy more

Haha I like it, I have a portion of funds that I keep soley on mining with a sell order above average (yet within the bounds of historical pricing). The rest I trade as much as I can. Simple and fun. I really wouldn't mind talking to the owner just to shoot the breeze.

[MWNinja]

I really like the idea and and price of the price per GH but I am worry this is another scam site. Anybody did a background check on this company?

There's no indication of it being a scam. It's run by the owner of ghash.io, which I think is also the manufacturer of the bitfury asic.

[kmtan]

i also brought 10G yesterday, how to receive the free ghs?

[favdesu]

so if I get this right you're actually buying something that offers a built-in loss over time? you're basically throwing coins away, right?

[ErebusBat]

i also brought 10G yesterday, how to receive the free ghs?

It is no longer being offered: https://cexio.zendesk.com/entries/26926563-1-GHash-for-FREE-for-new-Traders-FINISHED-

so if I get this right you're actually buying something that offers a built-in loss over time? you're basically throwing coins away, right?

How is that different from buying mining hardware.  Look at NastyFans share prices, they have tanked recently.  Also not to sound like pirate days of yore, but if you can't figure out how to make money with it then it probably isn't for you.

[wknight]

interesting to say the least

[YipYip]

Been watching and there is no movement that is not AUTO corrected instantly.....As if there was some god like presence manipulating the situation

........hmmmm... lets see what happens at the diff change

..lolz I know its all bad but we can all dream the dream

[androsyn]

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. 

very hot

[androsyn]

0.25 BTC/GHS is still cheap, I have over 50 GHS and I am planning to buy more

with diff increase, it should reach at least 0.3 then fall a bit
But it's still risky

[manrus]

Price is fall to 0.214

[GreenBits]

Price is fall to 0.214

i expected worse. difficulty increase wasnt that bad. still an awesome rate of return in this price range. the price drop feels about right, it'll stabilize a bit over time

[YipYip]

Price is fall to 0.214

i expected worse. difficulty increase wasnt that bad. still an awesome rate of return in this price range. the price drop feels about right, it'll stabilize a bit over time

Not really the REAL price should be ~-28% based on the diff change of the 0.24 price ..this is NOT .214

Its a totally rigged game...so go ahead and INVEST in bitfury extending the value of there equipment

[GreenBits]

Price is fall to 0.214

i expected worse. difficulty increase wasnt that bad. still an awesome rate of return in this price range. the price drop feels about right, it'll stabilize a bit over time

Not really the REAL price should be ~-28% based on the diff change of the 0.24 price ..this is NOT .214

Its a totally rigged game...so go ahead and INVEST in bitfury extending the value of there equipment

pray tell, what method do you use to value a gh/s? Perhaps my valuation is flawed. I currently use competitor pricing and rate of return to determine the feasibility of purchase. With over 1% daily returns, please inform me if there is a better mining option available for purchase, share the info man!

I live in corporate housing with absolutely uncapped free electricity, take that into consideration if that changes your suggestion. Wish mining equipment was at a reasonable price point!

edit/disclaimer: since im "invested", i guess I should disclose i own "shares" of BitFury Hashing Capacity on CEX.io

[YipYip]

Price is fall to 0.214

i expected worse. difficulty increase wasnt that bad. still an awesome rate of return in this price range. the price drop feels about right, it'll stabilize a bit over time

Not really the REAL price should be ~-28% based on the diff change of the 0.24 price ..this is NOT .214

Its a totally rigged game...so go ahead and INVEST in bitfury extending the value of there equipment

pray tell, what method do you use to value a gh/s? Perhaps my valuation is flawed. I currently use competitor pricing and rate of return to determine the feasibility of purchase. With over 1% daily returns, please inform me if there is a better mining option available for purchase, share the info man!

I live in corporate housing with absolutely uncapped free electricity, take that into consideration if that changes your suggestion. Wish mining equipment was at a reasonable price point!

edit/disclaimer: since im "invested", i guess I should disclose i own "shares" of BitFury Hashing Capacity on CEX.io

Ok lets see if u can see past your rose colored glasses

price was ~.24  diff increase was ~ 28% ... 0.24 - 28% = ~.17

So if we get 1% returns for 8 days = ~ 9-10%

All of this does not add up to the price drop of only 9%  ...So .21 + ~9-10% returns = 0.19 if we where being generous   ... I am commenting on the supposed VALUE from 0.24 to 0.21

When bitfury holds the lions share of the hash or the bank they can and are manipulating the price at will ... dont fool yourself that their is some free market in operation here

Good luck to them...and no ones forcing u to buy ..blah blah blah ... but dont get caught up in trying to find the pea in this shell game 

[EnJoyThis]

Ok lets see if u can see past your rose colored glasses

price was ~.24  diff increase was ~ 28% ... 0.24 - 28% = ~.17

So if we get 1% returns for 8 days = ~ 9-10%

All of this does not add up to the price drop of only 9%  ...So .21 + ~9-10% returns = 0.19 if we where being generous   ... I am commenting on the supposed VALUE from 0.24 to 0.21

When bitfury holds the lions share of the hash or the bank they can and are manipulating the price at will ... dont fool yourself that their is some free market in operation here

Good luck to them...and no ones forcing u to buy ..blah blah blah ... but dont get caught up in trying to find the pea in this shell game 

Perhaps some people here do wear a rose coloured glass, but yours is perhaps pitch black...

Just some numbers.

Currently an inhand BFL Singles sell for around BTC10-12

Let's assume you buy expensive @ BTC12 for 60gh/s
This is BTC0.20 p/ghs

Though a Single uses 360watt power which computes to 8.64kWh a day.
Let's say I run this Single for 3 months, total electricity used will be: 8.64*90=777.6 kWh

777.6 x $0.25 = $194,40 which is ~BTC1.58

So mining hardware + electricity for 3 months is BTC12 + BTC1.58 = BTC13.58

BTC13.58 / 60 = BTC0.226

Which isn't far away from current prices on the cex.io exchange

Just to comment on the price, I'm not talking about making ROI, that's a complete other discussion.


PS: yes electricity in The Netherlands is damn expensive.

[ErebusBat]

Also there is value to *now* which is hard to quantify and put a figure to! but it is there. 

Also the free market does not always operate in the most efficient manner. 

[GreenBits]

Price is fall to 0.214

i expected worse. difficulty increase wasnt that bad. still an awesome rate of return in this price range. the price drop feels about right, it'll stabilize a bit over time

Not really the REAL price should be ~-28% based on the diff change of the 0.24 price ..this is NOT .214

Its a totally rigged game...so go ahead and INVEST in bitfury extending the value of there equipment

pray tell, what method do you use to value a gh/s? Perhaps my valuation is flawed. I currently use competitor pricing and rate of return to determine the feasibility of purchase. With over 1% daily returns, please inform me if there is a better mining option available for purchase, share the info man!

I live in corporate housing with absolutely uncapped free electricity, take that into consideration if that changes your suggestion. Wish mining equipment was at a reasonable price point!

edit/disclaimer: since im "invested", i guess I should disclose i own "shares" of BitFury Hashing Capacity on CEX.io

Ok lets see if u can see past your rose colored glasses

price was ~.24  diff increase was ~ 28% ... 0.24 - 28% = ~.17

So if we get 1% returns for 8 days = ~ 9-10%

All of this does not add up to the price drop of only 9%  ...So .21 + ~9-10% returns = 0.19 if we where being generous   ... I am commenting on the supposed VALUE from 0.24 to 0.21

When bitfury holds the lions share of the hash or the bank they can and are manipulating the price at will ... dont fool yourself that their is some free market in operation here

Good luck to them...and no ones forcing u to buy ..blah blah blah ... but dont get caught up in trying to find the pea in this shell game 

appreciate the alternate outlook Yip, I had seriously wanted to consider your rubric for price evaluation, I'm always open to information/strategy that give me an edge over others.

This is a zero sum game, and I desire top placement. I don't expect to win, but I WILL prevail. Might be magical thinking. But the empire I am building for those beyond me will come to pass

so basically, olive branch bro, I hear a little go go gadget in your tone and just wanted to let you know my inquiry came from a thirst for information and not trollspace. Love you even though I never met you! Fuck it, love all you guys! I know some of you are asshats, but damn it, aren't we all at times?

Now let's get rich in this motherfucker!
(and in the meanwhile not fall prey to the lure of mammon)


-Green

disclaimer: Indicas improve my disposition immensely