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Author Topic: **CEX.IO Bitcoin Exchange ** Buy Bitcoins with Cards in iOS / Android App***  (Read 422349 times)
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CEX (OP)
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March 26, 2015, 11:15:11 AM
 #1741

All the new features are really great. Funding the account through a debit card could be a very comfortable thing. 0% trading is enticing. Will the minimum trade amount restrictions be lifted sometime too?

Thank you!
The limits were set to assure the correct calculation of the fees and eliminate the wallet fragmentation issue. It is possible, however, that we review the minimum trade amount in the future. For example, if/when the Bitcoin price goes up significantly.
We ensure you, however, that we are not going to implement any kind of new restrictions.

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dyask
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March 26, 2015, 12:00:00 PM
 #1742

Seems like all the trading is shut off right now.

I'm not experiencing any problems at the moment.

It worked for me today.   I was shocked to see the value of my GHS.  That has been sold and converted to scrypt mining now.   
Trade-Winds
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March 26, 2015, 01:18:13 PM
 #1743

Seems like all the trading is shut off right now.

I'm not experiencing any problems at the moment.

It worked for me today.   I was shocked to see the value of my GHS.  That has been sold and converted to scrypt mining now.   

What do you mean by "converted to Scrypt mining"?

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pawel7777
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March 26, 2015, 01:25:45 PM
 #1744


...I was shocked to see the value of my GHS...

Since it's not profitable to mine (it would generate you net loss) anything above zero seems a fair price.

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marcotheminer
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March 26, 2015, 01:53:01 PM
 #1745


...I was shocked to see the value of my GHS...

Since it's not profitable to mine (it would generate you net loss) anything above zero seems a fair price.

Cloud mining on other sites is still profitable.
pawel7777
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March 26, 2015, 02:07:11 PM
Last edit: March 26, 2015, 02:33:17 PM by pawel7777
 #1746


...I was shocked to see the value of my GHS...

Since it's not profitable to mine (it would generate you net loss) anything above zero seems a fair price.

Cloud mining on other sites is still profitable.

Yup, but you can't transfer your GHS from cex to other sites. So if on cex fees>income, I don't really get why would anyone buy such at all, I guess it's all about the hopes the diff will go down, fees will be reduced and/or BTC price will rise.

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Trade-Winds
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March 26, 2015, 02:13:27 PM
 #1747


...I was shocked to see the value of my GHS...

Since it's not profitable to mine (it would generate you net loss) anything above zero seems a fair price.

Cloud mining on other sites is still profitable.

Yup, but you can't transfer your GHS from cex to other sites. So if on cex fees>income, I don't really get why would by such at all, I guess it's all about the hopes the diff will go down, fees will be reduced and/or BTC price will rise.

That's why it's better to switch from mining to trading right now. I think those guys are trying to do exactly that.

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dyask
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March 26, 2015, 02:46:36 PM
 #1748

Seems like all the trading is shut off right now.

I'm not experiencing any problems at the moment.

It worked for me today.   I was shocked to see the value of my GHS.  That has been sold and converted to scrypt mining now.   

What do you mean by "converted to Scrypt mining"?

Took my BTC out of CEX.io and bought KHS at Scrypt.cc.  They are paying every 10 minutes.   
siameze
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March 26, 2015, 02:46:40 PM
 #1749


That's why it's better to switch from mining to trading right now. I think those guys are trying to do exactly that.

Trading GH/s was always the most profitable part of cex, in my experience. For the most part cloud mining alone just doesn't produce a significant ROI. Not to say I won't be happy when cex does decide to resume cloud mining, as the GH/s price may rise slightly.

0% fees are nice though.


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marcotheminer
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March 26, 2015, 04:07:23 PM
 #1750


...I was shocked to see the value of my GHS...

Since it's not profitable to mine (it would generate you net loss) anything above zero seems a fair price.

Cloud mining on other sites is still profitable.

Yup, but you can't transfer your GHS from cex to other sites. So if on cex fees>income, I don't really get why would anyone buy such at all, I guess it's all about the hopes the diff will go down, fees will be reduced and/or BTC price will rise.

Of course. If fees are larger than income you'd be better off selling and changing cloud mining sites.
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March 27, 2015, 12:52:17 PM
 #1751


...I was shocked to see the value of my GHS...

Since it's not profitable to mine (it would generate you net loss) anything above zero seems a fair price.

Cloud mining on other sites is still profitable.

Yup, but you can't transfer your GHS from cex to other sites. So if on cex fees>income, I don't really get why would anyone buy such at all, I guess it's all about the hopes the diff will go down, fees will be reduced and/or BTC price will rise.

Of course. If fees are larger than income you'd be better off selling and changing cloud mining sites.

I’m saying about trading because I it really can be the solution to this whole thing with mining.

When CEX.IO turned off cloud mining, I was left with my useless 1THS (although they’d been useless for a while by then). I missed the chance to sell them for Bitcoins when the price was more or less adequate, but I did it when the mining halted. I bought Bitcoins with my 1000 GHS and traded them to Darkcoins. I did that mostly for fun, to see what happens, as I don’t normally trade altcoins.

Here’s my summary.

When I bought my THS, I paid around 2 BTC for them.
I sold it at around 0.7 BTC in January.
In January, I bought precisely 100 DRK (1 DRK at the time cost 0.007 BTC).
After I publish this, I’m going to trade my DRK to BTC again. If you have followed Darkcoin/Dash price lately, you know that the coin has rose significantly.
So, I’m going to end up with the same old 2 BTC, just because certain trends coincided.

It’s just one example. I haven’t considered other altcoins yet, and I cannot possibly know what the price of Dash will be in the future.


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Houseman
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March 30, 2015, 01:21:51 PM
 #1752


I’m saying about trading because I it really can be the solution to this whole thing with mining.

When CEX.IO turned off cloud mining, I was left with my useless 1THS (although they’d been useless for a while by then). I missed the chance to sell them for Bitcoins when the price was more or less adequate, but I did it when the mining halted. I bought Bitcoins with my 1000 GHS and traded them to Darkcoins. I did that mostly for fun, to see what happens, as I don’t normally trade altcoins.

Here’s my summary.

When I bought my THS, I paid around 2 BTC for them.
I sold it at around 0.7 BTC in January.
In January, I bought precisely 100 DRK (1 DRK at the time cost 0.007 BTC).
After I publish this, I’m going to trade my DRK to BTC again. If you have followed Darkcoin/Dash price lately, you know that the coin has rose significantly.
So, I’m going to end up with the same old 2 BTC, just because certain trends coincided.

It’s just one example. I haven’t considered other altcoins yet, and I cannot possibly know what the price of Dash will be in the future.



Just wondering, how did you come up with the idea to buy Dash/Darkcoins? Any sources you were following?

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March 31, 2015, 04:35:48 AM
 #1753

First rule of message boards. All trades reported actually took place and just about 99.8% of them were successful. Good luck, g

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March 31, 2015, 07:36:13 AM
 #1754

At this point my Ghs balance is 0.36896942, my BTC balance -0.00001499 but selling is only possible with 1 Ghs or up, so I am safe to conclude that I can write CEX.IO off Wink
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March 31, 2015, 10:41:42 AM
 #1755

At this point my Ghs balance is 0.36896942, my BTC balance -0.00001499 but selling is only possible with 1 Ghs or up, so I am safe to conclude that I can write CEX.IO off Wink

As Satoshi said, "Lost coins only make everyone else’s coins worth slightly more. Think of it as a donation to everyone." No, but seriously those minimum trade amounts have got to be fixed.

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March 31, 2015, 06:03:09 PM
 #1756

Meh trading there makes no sense until they fix that as coinpr0n said. I still chug along on the multipool with spare hash, but have stopped any other trade there for now.


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Trade-Winds
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April 06, 2015, 02:48:33 AM
 #1757


Just wondering, how did you come up with the idea to buy Dash/Darkcoins? Any sources you were following?

No, just general news. At some point, it was an impulsive act of despair.

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CEX (OP)
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April 07, 2015, 10:28:01 AM
 #1758



Dear users,

We are more than 400k now. Thank you for staying with CEX.IO!
We would like to hear your feedback. What you like most about CEX.IO and what you would change if you could. Please, share your feature requests with us.

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pawel7777
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April 07, 2015, 12:13:34 PM
 #1759

...
We are more than 400k now.

400k of what? I'm guessing you mean number of registered accounts. If so, that's pretty impressive.

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[/tabl
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April 07, 2015, 12:16:12 PM
 #1760

...
We are more than 400k now.

400k of what? I'm guessing you mean number of registered accounts. If so, that's pretty impressive.

Exactly. At the moment, 401,505 CEX.IO users.

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