CEX.IO

[androsyn]

504 Gateway Time-out
cloudflare-nginx

s**t! I was to sell

[mogrith]

cex.ioseems to be on and off. ghash.io is mainly off for me.

[juhakall]

That was scary! I set a buy order for 41 GH/s @ 0.158 and immediately someone cleared the whole buy side. Day's range: 0.0100 - 0.1849. After that the price rebounded really quickly to 0.17 with large buy orders.

[itod]

That was scary! I set a buy order for 41 GH/s @ 0.158 and immediately someone cleared the whole buy side. Day's range: 0.0100 - 0.1849. After that the price rebounded really quickly to 0.17 with large buy orders.

Low: 0.01, Volume: 2266 GHs in 10 minutes.

Somebody is trying to dump the price, look at this:

Code:

Date 	 	 	Type 	GHS 	Price 	Total
2013-10-15 12:37:23	BUY	0.18833	0.01	0.0018833
2013-10-15 12:37:10	BUY	0.01	0.01	0.0001
2013-10-15 12:37:05	BUY	8	0.01	0.08
2013-10-15 12:36:59	BUY	0.0037	0.01	0.000037
2013-10-15 12:36:52	BUY	0.4	0.01	0.004

No wonder price raised so quickly, probably trying to mess the exchange an buy in volumes. Somebody is doing his prep-work before pumping the money into the exchange. Be careful, don't sell to him cheap.

[mutex]

Did someone typed in too much zeros or something? Terahash dumped for 0.01, then terahash bought for 0.17, now there's another terahash for sale at 0.15. Some crazy shit's going on, I've cut my losses and gonna wait for the market to come to its senses... or some (bad) news arrive to explain this.

[ajw7989]

I really hope it comes back otherwise I just lost a lot of bitcoin     things that I miss when I am sleeping

[Celks]

This market is going crazy. I had 1 btc on 0.01 for 100gh and when it crashed I received 100gh!

[GreenBits]

?!

the market is being crashed, ppl, i pray for your sake your position was closed.


selling pressure is fucking bananas. stop panicking ppl, you know your asset isn't worth that little.


Green

[GreenBits]

This market is going crazy. I had 1 btc on 0.01 for 100gh and when it crashed I received 100gh!

Would have spontaneously combusted or some shit. You got some serious fucking mining revenue coming your way. You are making minimum wage just breathing now. At least til the difficulty increases.

[wknight]

way too many people panic selling thats for sure..

[ajw7989]

way too many people panic selling thats for sure..

people know how to manipulate the market. I was tempted to panic sell lol but then i saw I would lose a full bitcoin...In 2 days or so when the difficulty goes up well see what happens.

[Celks]

this panic selling started this morning. I think people must have realise the difficulty is set to rise soon and were worried about the value of their bitcoin to a GH so figured they would sell while they could and rebuy in a few days!

[itod]

This market is going crazy. I had 1 btc on 0.01 for 100gh and when it crashed I received 100gh!

You were unbelievable lucky. And smart to put such an insane buy order in the first place. Enjoy few BTC coming your way. Could it be somebody made huge mistake in his sell order and caused all this mess?!?

[ishkur]

Anything above .065 per 1 GH come this friday is over priced.

PETAMINE shares are worth 1 GH each currently and are prices at .065

Additionally KNC just shipped a ton.

I guarantee it will crash again very soon and correct itself to below .10

[itod]

Anything above .065 per 1 GH come this friday is over priced.

PETAMINE shares are worth 1 GH each currently and are prices at .065

Additionally KNC just shipped a ton.

I guarantee it will crash again very soon and correct itself to below .10

I don't think this is true. How did you get these numbers? I calculate 1GHs starting mining today, with 90% month difficulty increase, will mine 0.10-0.11 BTC in next six months. Add some re-sell value to these GHs and the price has to be much over you've suggested. Also, Petamine is a joke, Burnin posted today that he didn't get the payment from CryptX for the hardware he delivered to him. Even if they are totally legitimate, they are small resellers, far from the position the cex.io is in. No wonder their price is much lower.

[Celks]

Price is starting to rise again now, id jump back in!

On another note, somebodies copied me..

PRICE     GHs                  BTC
0.01   1455.018584   14.55018584

Haha, thunder never strikes twice in the same spot!

[mainhybrid]

Hey guys. Sorry if this is a dumb question.

I'm about to place an order for 10GH, but I'm not sure for how long this power will be mine.

When you buy GH/s is for a period of time? Are they yours until you sell them to another miner? Or are they renting the power, let say for a day, week, month?

Thanks

[balanghai]

Hey the price is good now! Time to buy!!!

[leancuisine]

Hey guys. Sorry if this is a dumb question.

I'm about to place an order for 10GH, but I'm not sure for how long this power will be mine.

When you buy GH/s is for a period of time? Are they yours until you sell them to another miner? Or are they renting the power, let say for a day, week, month?

Thanks

They are yours until you sell them or cex.io goes bankrupt. 

[ishkur]

Thir thread might be useful
https://bitcointalk.org/index.php?topic=308872.0