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Author Topic: CEX.IO  (Read 69752 times)
superresistant
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October 24, 2013, 11:40:03 AM
Last edit: October 25, 2013, 12:21:58 PM by superresistant
 #181

I just did a CEX.IO loss calculator.

How many Bitcoins are you going to loose if you invest now ?  Wink

https://docs.google.com/spreadsheet/ccc?key=0AnoTFX7YTCl0dFFFektlRmJ0T0pwRGlvN3pyVHhPVFE&usp=sharing

It is based on the next difficulty in about 2 days.

It is just estimations but it should make you realise that you can only loose Bitcoins in this game.

EDIT : the access to the calculator is private now.
xzempt
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October 24, 2013, 04:34:58 PM
 #182

just depends on how you do it i guess....   deposited 0.50btc,   and after a bunch of buys and sells....  im impressed atm.....   cashed my 0.50btc back out and utilizing 23ghs of free mining now... Smiley
rocks
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October 24, 2013, 04:56:23 PM
 #183

I just did a CEX.IO loss calculator.

How many Bitcoins are you going to loose if you invest now ?  Wink

https://docs.google.com/spreadsheet/ccc?key=0AnoTFX7YTCl0dFFFektlRmJ0T0pwRGlvN3pyVHhPVFE&usp=sharing

It is based on the next difficulty in about 2 days.

It is just estimations but it should make you realise that you can only loose Bitcoins in this game.

I did something similar and came up with a current value of ~0.053 BTC/Gh, so we are in the same ballpark. Assumes 40% increases, $200 BTC & free hosting fees. Also, most of that value is mined over then next few weeks and most of the value of each Gh will be realized by the end of November.

Price is still too high IMHO. It may be possible to trade for profit, but your are trading an over valued asset and risk holding the bag when the price resets to actual value.

Now, whoever bought all that Gh at 0.01, congrats to you, but I hope you've been smart enough to sell and not just hold for mining income.
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October 24, 2013, 05:24:48 PM
 #184

should be down to about 0.01btc/gh  in about 3 weeks Smiley
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October 24, 2013, 06:35:07 PM
 #185

should be down to about 0.01btc/gh  in about 3 weeks Smiley

That's why that guy who bought at 0.01 should sell now. Also the bids above 0.5 seem to have dried up, expecting another leg down soon.
juhakall
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October 24, 2013, 06:40:55 PM
 #186

If anyone wants a CSV history of their transactions, just view the source code of the account balance page. It's easy to find the long list there, then you just need to trim the whitespace.
Micky25
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October 24, 2013, 06:56:02 PM
 #187

^ most helpful tip of the day. Thank you! Took me hours daily to keep current.
juhakall
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October 24, 2013, 07:23:35 PM
 #188

^ most helpful tip of the day. Thank you! Took me hours daily to keep current.

Still need to figure out how exactly to filter it, since the amounts can be either GHS or BTC and some orders are canceled. But at least it's a more interesting exercise than endless copypasting Smiley
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October 24, 2013, 07:33:42 PM
 #189

I make this on my transaction page and get exactly what I want Wink

         [5498568, '2013-10-24 18:05:05',0.05748380, 14.67637695, 'mining', '', 265779, 25.2445, 2277088, 1000002219, 'undefined', undefined, 'undefined'],
         
         [5499687, '2013-10-24 18:11:18',0.05733833, 14.73371528, 'mining', '', 265780, 25.1912, 2276128, 1000002586, 'undefined', undefined, 'undefined'],
         
         [5501644, '2013-10-24 18:54:02',0.05765291, 14.79136819, 'mining', '', 265786, 25.2915, 2279544, 1000003933, 'undefined', undefined, 'undefined'],
         
         [5503104, '2013-10-24 19:11:56',0.05722687, 14.84859506, 'mining', '', 265790, 25.1888, 2271924, 1000003917, 'undefined', undefined, 'undefined'],
         
         [5504156, '2013-10-24 19:17:05',0.05683424, 14.90542930, 'mining', '', 265791, 25.1393, 2260778, 1000004187, 'undefined', undefined, 'undefined'],
mobile
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October 24, 2013, 10:33:31 PM
 #190

For some reason, for the life of me I could not seem to discover a thread dedicated to cex.io. Finnaly after searching further I found this thread on page 2 of  the google search function.

At any rate, I have a lot of enthusiasm for this site and since the wind down of btct.co, we have another lucrative means to make our BTC work for us. When I first started trading, I was surprised to see the high demand for over priced GH's. The discussion on this thread has already been had about all the eliminated costs that are involved by buying hashes here versus your own mining setup. For small timers like myself, even with the past inflated prices, it was still more profitable to buy hashes here versus buying a bulk of Block erupters during their 3rd and fourth price cuts. Besides all of that, for lack of a better word, the cool concept for cex.io is that you "make BTC" while your sell orders are on the books. Anyways, reading through the threads I realized that I wasnt the only one to realize these points on the market value of GH's but there is still profit to be made via buying and selling these. I do however feel bad for those people that bought in during the end of pumps and missed the dumps. I guess that goes for anybody that trades. I look forward to see the growth of this site as well as the continual discussion on here. Like I said, this is fun, can be profitable if your smart about it. Cheers!

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soundasleep
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October 25, 2013, 01:31:03 PM
 #191

This exchange has been working very well for me, and buying hashes is a lot easier than trying to obtain hashing hardware (especially if you're outside the US). Thank you!

We've added support to CryptFolio (thread) for tracking both your CEX.io wallet (BTC and GHS) and also ticker data, which will be available through our historical archive (it will take a few days to get enough data). And since you can also add arbitrary GHS offsets, you can also work out what your private hash speeds would be worth if placed onto CEX.io.

CryptFolio helps you safely keep track of your cryptocurrencies and commodity currencies over time, and generates reports (such as the overall USD or BTC net worth of your portfolio).
juhakall
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October 25, 2013, 03:22:02 PM
 #192

I'd love to hear from anyone who dares to try CEX.IO's hardware redeeming service. Sure, it's overpriced, but don't let that stop you! I'm wondering how long is the delivery process going to be.

https://cex.io/redeem
Andrey
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October 25, 2013, 06:18:55 PM
 #193

I'd love to hear from anyone who dares to try CEX.IO's hardware redeeming service. Sure, it's overpriced, but don't let that stop you! I'm wondering how long is the delivery process going to be.

https://cex.io/redeem

This is not preorder, and you can get 100GH for 10btc, is that overpriced?
And as a bonus those who was in doubt about hardware existence - they put up a list of their 120 miners with live stats!

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October 25, 2013, 06:27:34 PM
 #194

I assume we are seeing an upward trend in GH's price,  relative to the down trend of BTC/USD?
You bullish bulls you Cool.....

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GreenBits
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October 25, 2013, 09:28:01 PM
 #195

I assume we are seeing an upward trend in GH's price,  relative to the down trend of BTC/USD?
You bullish bulls you Cool.....


i wondered about this also when i woke up to the btc price drop this morning. just noticed a ghs price correction down to .09 ish, but it will prolly drift back up to .094-.095. plenty of support in the .091-.093. i think any price rise above .1 is optimistic, but entirely possible. market price adjusted to the dif change BEFORE the change actually happened Smiley plenty of time for the price to drift beyond .1 ...   Grin we will see

not so much panic selling this time. you guys are getting better at this  Cheesy


sedative
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October 27, 2013, 06:44:22 AM
 #196

I noticed I stopped getting mining payout notifications on CEX.io and my ghash.io shows 5 hours of current work with nothing...is this normal?

juhakall
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October 27, 2013, 10:03:24 AM
 #197

There was a 5 hour block. Not unheard of even on a large pool like ghash.io.
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October 27, 2013, 11:56:46 AM
 #198

Statistics is an evil thing.
But, there were several seconds blocks, so I guess we're even)
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October 27, 2013, 02:17:58 PM
Last edit: October 27, 2013, 02:32:11 PM by androsyn
 #199

0.12 approaching, will we ever see it again?
Stinky_Pete
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October 27, 2013, 05:16:43 PM
 #200

Guess who sold at 0.09, thinking the price had bottomed out? I hate trading  Shocked

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