bigb159
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November 05, 2013, 01:06:43 AM |
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Lot of people making predictions about cex.io pricing. Don't fail to take into account noob interest, joining and throwing coin at whatever price to get some GH/s.
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TrippyPippy
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November 05, 2013, 08:38:14 AM |
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As long as newbies keep joining they just want to get up and running at the going price.
After a while they start realizing that they are not going to get a good return on their investment and start getting wiser with the prices.
In the meantime the price stays relatively stable or even goes up against all odds with more newbies buying it.
In my opinion the price will never go down below 0.08 even after a difficulty rise !!
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ampbuster
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November 05, 2013, 10:19:34 AM |
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It's probably like buying shares of companies that give dividends (CEX.io) as opposed to buying shares of companies that focus on growth (bitcoins).
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TrippyPippy
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November 05, 2013, 11:47:08 AM |
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That's right.
If you buy high , mine a bit then sell high you're a winner.
Obviously the trick is to sell high but remember whilst you are mining with your GHS the actual price you paid for them ( less what you mine) is going down also!!
But I agree with whoever said it's like a game of musical chairs !!
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high110
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A Blockchain Mobile Operator With Token Rewards
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November 05, 2013, 08:11:11 PM |
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Prices are coming down today and it's almost time to purchase. We are back in the .1- .11 BTC zone... .14 was just crazy! Note, a change in diff is coming up and admin fees are kicking in on the 8th.
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DeathAndTaxes
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Gerald Davis
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November 05, 2013, 08:33:00 PM Last edit: November 05, 2013, 11:18:43 PM by DeathAndTaxes |
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0.1 is still crazy. Prices have a long way to go before reasonable territory.
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Dexter770221
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November 05, 2013, 10:02:00 PM |
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0.1 is crazy prices have a long way to go before reasonable territory.
True. CEx.io needs to apply some trading fees becuse speculators are playing like crazy and price changes in kaleidoscopic fashion.
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Under development Modular UPGRADEABLE Miner (MUM). Looking for investors. Changing one PCB with screwdriver and you have brand new miner in hand... Plug&Play, scalable from one module to thousands.
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IYFTech
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November 06, 2013, 12:27:46 AM |
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You got that right dude. They really screwed up their fee structure. I think their thread is populated by cex.io wannabe employees too....... it really is the best most wonderful fun super duper thing since sliced bread ever ever you know!! Apparently
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high110
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November 06, 2013, 01:36:15 AM |
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It was fun while the prices was low...but I'm over it now... waiting for something reasonable to get back in =)
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CobaltBlueD
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November 06, 2013, 03:27:49 AM |
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It was fun while the prices was low...but I'm over it now... waiting for something reasonable to get back in =)
And yet your signature still touts it.
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DeathAndTaxes
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Gerald Davis
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November 06, 2013, 04:10:59 AM |
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It was fun while the prices was low...but I'm over it now... waiting for something reasonable to get back in =)
And yet your signature still touts it. "Greater fool theory" doesn't work without new less knowledgeable fools to offload the overpriced shares to.
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