CEX.IO

[klondike_bar]

you can get 1GH/share from the 100TH (500TH) mine on picostocks for 0.015BTC/GH

people buying on CEX.io are insane - the asking price right now is almost 3x what a GH will ever produce from mining. Everyone seems to just want to use the site for day-trading, then complains that they made no money

[Micky25]

[Sonny]

people buying on CEX.io are insane - the asking price right now is almost 3x what a GH will ever produce from mining. Everyone seems to just want to use the site for day-trading, then complains that they made no money

Exactly.
No one on that site cares about the mining revenue at all, even if there is a built-in profit calculator.

[baloo_kiev]

Time to face the reality: 0.015 BTC/GH
https://www.havelockinvestments.com/order.php?symbol=B.MINE

[Frost000]

people buying on CEX.io are insane - the asking price right now is almost 3x what a GH will ever produce from mining. Everyone seems to just want to use the site for day-trading, then complains that they made no money

Exactly.
No one on that site cares about the mining revenue at all, even if there is a built-in profit calculator.

That's the reason I'm on the site. I've never even used their calculator...

[superresistant]

People still invest in CEX ?

It's been months it doesn't worth it any more.

[Frost000]

People still invest in CEX ?

It's been months it doesn't worth it any more.

For mining, no. For trading, yes and no.

[rocks]

People still invest in CEX ?

It's been months it doesn't worth it any more.

For mining, no. For trading, yes and no.

It's always seemed foolish to trade on CEX.IO.

Trading is a difficult enough game when it is a "zero-sum" game across all traders.

But on CEX.IO you have an over valued commodity that is guaranteed to lose more value that the income it produces. That means it is a "negative-sum" game across traders and you are fighting to be one of the few to squeeze out a gain over larger losses across everyone else.

[elasticband]

cex.io sucks. Bought some hashrate and they cannot even keep it online and steadily make real payouts.

[rikkejohn]

Compared to any other cloud service it isn't a rip off. Currently 0.024 per GHZ, which is cheaper than anywhere else I think, especially factoring in that you can cash out the GHZ back to BTC.

Payout on 50 GHZ is about 0.30 for February. Assume the rate stays the same or goes up, then it is a nice profit. I can sell my shares should the difficulty go up too much.

When BTC tanked, CEX followed it down, but not disproportionately.

[Frost000]

Compared to any other cloud service it isn't a rip off. Currently 0.024 per GHZ, which is cheaper than anywhere else I think, especially factoring in that you can cash out the GHZ back to BTC.

Payout on 50 GHZ is about 0.30 for February. Assume the rate stays the same or goes up, then it is a nice profit. I can sell my shares should the difficulty go up too much.

When BTC tanked, CEX followed it down, but not disproportionately.

I wouldn't call 0.024 per GHS "cheap", but it's not horrible either.

Cex.io gets a bad rep for nothing.

[elasticband]

What gets me is 4thps goes offline for HOURS missing several block rewards, some I am even charged a fee out of my account balance as maintenence. .... but for what my hashrate is offline due to technical issues.

Then compensation doesn't come as 2x hashrate for same duration as downtime. It comes as a massive lump of hash totalling the down time but only 5minutes they give me this massive hashrate, basically robbing me of any luck variance.

[Frost000]

Compared to any other cloud service it isn't a rip off. Currently 0.024 per GHZ, which is cheaper than anywhere else I think, especially factoring in that you can cash out the GHZ back to BTC.

Payout on 50 GHZ is about 0.30 for February. Assume the rate stays the same or goes up, then it is a nice profit. I can sell my shares should the difficulty go up too much.

When BTC tanked, CEX followed it down, but not disproportionately.

I wouldn't call 0.024 per GHS "cheap", but it's not horrible either.

Cex.io gets a bad rep for nothing.

As an investment, Cex.io is horrible. 1 GH/s will never earn 0.024 BTC, so how can you say that paying 0.024 BTC is not horrible? It is not as bad other services, but that doesn't make it good.

Again and again... Trading is the key. Yes, I realize it isn't safe. But it's been very profitable for me and quite a few others. It really isn't about the mining.

[GreenBits]

After the last two huge crashes, I moved my position back to bit-mining. the market is so heavily manipulated @ cex that its almost impossible to apply any typical trading strategy (besides cost averaging on the way down!). the only thing you have is intuition; the damn trollbox is almost as good of a market indicator as the difficulty change.


been trading commodified scrypt (KS/s) over at bit-mining, caught a nice little dip (flash crash, possible order entry error) to exit at a 42% profit (its weird holding ltc, im a btc purist by experience, not by preference).

And that's good eatin.

 they only payout once at night, though, but you get the calculated payout, even if the pool goes down. if you night trade, you have to adjust your strategy a little ( the volume picks up right before/after dividend payout.) not so bad for me, but im a night owl.


I miss my crazy ass cex chatbox though, and the usual denizens (mariaconada, teknik, JDA, aSmallChild, and other peeps)

Come trade with me guys.

~Green

[ajw7989]

Warning just had about 40 attempts on someone trying to get into my cex account not sure if anyone else did either

[newguy05]

Warning just had about 40 attempts on someone trying to get into my cex account not sure if anyone else did either

same thing just happened to me, was actually coming here to post the warning. 40+ bad password attempts from many different IPs.  I immediately transferred whatever btc i have left in cex (not much <1 btc, i never keep anything online) to my cold storage.

anyone with cex io account please be careful, not sure what is going on with that website.

Some IPs that tried to log into my account

85.114.142.172
81.89.96.88
37.218.244.217
204.8.156.142
141.212.108.13

[papaminer]

Yep same here...

a bruteforce attack indeed..

[newguy05]

Looks like it's still going

[elasticband]

yip 90+ login attempts

[elasticband]

i suggested emails as logins for future, this would reduce mass attacks like this.

at the moment usernames are just harvested from say the chat box, if login was email based we could block the attackers straight away ourselves by changing account email