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Author Topic: Why CEX.IO pricing hasn't adjusted congruent to the difficulty change?  (Read 2425 times)
peonminer
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October 16, 2013, 09:50:38 PM
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Can anyone speculate why the GHS pricing hasn't fallen due to the difficulty change? Is this something we will see suddenly happen, or will it gradually degrade?

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Zakryze
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October 17, 2013, 01:26:13 PM
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I'd say its because of the 0 fees there. Daytraders just wanna stay on top of all orders and just squeeze the money out of those trades.  Of course they could do this at a lower price too but then the buysupport and competition would probably be bigger.

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October 24, 2013, 01:18:25 AM
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I'd say its because of the 0 fees there. Daytraders just wanna stay on top of all orders and just squeeze the money out of those trades.  Of course they could do this at a lower price too but then the buysupport and competition would probably be bigger.

Then they are trading something that has an intrisic value below what they are exchanging it back and forth for. Seems to be a lot of risk for picking up pennies here and there.
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October 24, 2013, 01:20:38 AM
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It's dropped a lot lately down to .085. My guess is it will drop even more.

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October 24, 2013, 04:45:04 AM
 #5

It seems to be dropping suddenly about 24-48 hours before the diff change.  I called it 2 days ago that it would go to .09 within 48 hours and was dead on.  The next one will drop it down to about .05 from the looks of the market depth chart at this point.  I didn't gamble this drop, I wanted to see how this one went.  I think I will next time.

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cowandtea
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October 24, 2013, 12:40:35 PM
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Its going to drop again...buy it at 0.04..

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October 25, 2013, 09:10:53 AM
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It‘s time to buy some.

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