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Coiner.de
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October 01, 2013, 11:55:02 AM
 #61

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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October 01, 2013, 12:15:48 PM
 #62

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?

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October 01, 2013, 12:24:05 PM
 #63

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

The Blocks Factory Mining POOL : DGB(sha256d, Skein, Qubit, Groestl & Scrypt), FTC
Zeek_W
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October 01, 2013, 12:46:10 PM
 #64

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.

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October 01, 2013, 03:06:26 PM
 #65

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.
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October 01, 2013, 03:21:33 PM
 #66

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

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October 01, 2013, 03:26:29 PM
 #67

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
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October 01, 2013, 03:35:31 PM
 #68

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.

░▒▓█ Coinroll.it - 1% House Edge Dice Game █▓▒░ • Coinroll Thread • *FREE* 100 BTC Raffle

Signup for CEX.io BitFury exchange and get GHS Instantly!  Don't wait for shipping, mine NOW!
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October 01, 2013, 06:28:11 PM
 #69

interesting to say the least

Mining Both Bitcoin and Litecoin.
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October 02, 2013, 07:40:09 AM
 #70

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 Cheesy

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androsyn (OP)
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October 02, 2013, 08:46:17 AM
 #71

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
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October 02, 2013, 08:50:04 AM
 #72

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 Wink
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October 07, 2013, 02:38:57 PM
 #73

Price is fall to 0.214
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October 07, 2013, 03:22:37 PM
 #74

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
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October 08, 2013, 04:39:57 AM
 #75

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

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October 08, 2013, 09:41:43 AM
 #76

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
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October 08, 2013, 11:28:15 AM
 #77

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  Cheesy



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EnJoyThis
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October 08, 2013, 12:28:45 PM
 #78


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  Cheesy




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.

1Ew9k5guAGb44Uz6rYfSVscgFBUcgDZp5C
ErebusBat
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October 08, 2013, 12:43:23 PM
 #79

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. 

░▒▓█ Coinroll.it - 1% House Edge Dice Game █▓▒░ • Coinroll Thread • *FREE* 100 BTC Raffle

Signup for CEX.io BitFury exchange and get GHS Instantly!  Don't wait for shipping, mine NOW!
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October 08, 2013, 01:07:59 PM
 #80

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  Cheesy




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 Smiley

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 
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