**CEX.IO Bitcoin Exchange ** Buy Bitcoins with Cards in iOS / Android App***

[JayBee66]

If you hold GHS for any period of time then their value will be eroded. There might be a temporary rising of prices at the moment but as technology improves and more Giga Hashes enter the global market the price will fall. A current fair price would be about 0.035

You cannot mine on CEX.IO fast enough to make up for price depreciation so a buy and hold strategy will leave you with less BTC than you started with. The whole point of mining is to gain BTC not lose them.

You can think of GHS as a mining right that you rent from the market but it is a loss making right.

You can buy old 5GHS Jalapenos for less than the current price of GHS on CEX.IO

The only way to profit on CEX.IO is through trading and buying GHS now is very risky as the correction will come. That is why I look forward to a GHS short.

All markets for Bitcoin are unregulated and are open to manipulation. Who knows what exactly goes on behind the scenes at CEX.IO

After all CEX.IO owns the hardware and can increase the capacity of their mining operation very quickly thus affecting the price of GHS. It is as if they owned the only gold mine or oil well and could increase or decrease production as they pleased to affect the price.

With prices drifting upwards they can slowly drip new capacity into the market and then pull the rug from under it when they have made enough and buy it all back again when the market corrects downwards.

I have noticed periods of dramatically changed GHS capacity on their pool and attendant price moves.

[Micky25]

very nice wrap up.

[high110]

Great write up - I agree with all points. Going from that - trading is really the only way to make money.  It's currently at a high (.087/GHS).  For all those holding onto GHS, the level of difficulty change can take place any time from now to Dec. 1 - so please consider selling if you're holding onto GHS. 

To your point, it's exactly what I did, I invested in a few miners instead when it comes to long term mining.  I only trade on Cex.io to make short term loss.  I don't even consider how "high" it can go since it's way to risky.  I really do hope they implement a short to take care of the current sky high price. 

Again, great  insight.

If you hold GHS for any period of time then their value will be eroded. There might be a temporary rising of prices at the moment but as technology improves and more Giga Hashes enter the global market the price will fall. A current fair price would be about 0.035

You cannot mine on CEX.IO fast enough to make up for price depreciation so a buy and hold strategy will leave you with less BTC than you started with. The whole point of mining is to gain BTC not lose them.

You can think of GHS as a mining right that you rent from the market but it is a loss making right.

You can buy old 5GHS Jalapenos for less than the current price of GHS on CEX.IO

The only way to profit on CEX.IO is through trading and buying GHS now is very risky as the correction will come. That is why I look forward to a GHS short.

All markets for Bitcoin are unregulated and are open to manipulation. Who knows what exactly goes on behind the scenes at CEX.IO

After all CEX.IO owns the hardware and can increase the capacity of their mining operation very quickly thus affecting the price of GHS. It is as if they owned the only gold mine or oil well and could increase or decrease production as they pleased to affect the price.

With prices drifting upwards they can slowly drip new capacity into the market and then pull the rug from under it when they have made enough and buy it all back again when the market corrects downwards.

I have noticed periods of dramatically changed GHS capacity on their pool and attendant price moves.

[damiano]

I have to say I got lucky last week.

I placed a large order at .078 on thursday? 2 hours later it was filled and the next morning it was back up at like .082 then went up even more so I just sold.

Beginners luck

I still don't know why its at .086 right now. 


Ill take my small profit and walk away

[moderate]

I still don't know why its at .086 right now. 

Because noobs.

That's the way to profit there.

[high110]

I still don't know why its at .086 right now. 

Because noobs.

That's the way to profit there.

there's a steady stream of over eager cloud miners!  We will move lower as the new ASIC's get introduced Dec. 15.

[Blackswan122]

Server was down... Now back up again

[Blackswan122]

Server was down... Now back up again

My Hashrate is currently "0" did they pull the plug?
Good job I'm mining PPC which is currently 16% higher than mining BTC

[itod]

Good job I'm mining PPC which is currently 16% higher than mining BTC

How do you do that?

[furball]

Is there a problem with payments being added to accounts right now? I noticed in ghash.io that a certain amount was pending due to blocks found and less that 6 confirms but then after the confirms the amount disappeared from pending and did not appear in my balance...any issues right now?

[furball]

Ah ha...payments magically came through ;-)

[cosreidalpa1986]

i just found out about cexio.. so what do you guys think?
i really like your concept, is it also possible to mine litecoins?
I'm very interested int he alt-currencies, also crc and ppc and nmc and all the others .. so what s the best way to begin?

cheers

[moderate]

i just found out about cexio.. so what do you guys think?
i really like your concept, is it also possible to mine litecoins?
I'm very interested int he alt-currencies, also crc and ppc and nmc and all the others .. so what s the best way to begin?

cheers

Hi sock puppet, can you ask your friends to stop sending spam through PM about this crap.io ?

[mobile]

i just found out about cexio.. so what do you guys think?
i really like your concept, is it also possible to mine litecoins?
I'm very interested int he alt-currencies, also crc and ppc and nmc and all the others .. so what s the best way to begin?

cheers

May your questions be answered and may your cup overfloweth with knowledge.
https://cex.io/faq
https://bitcointalk.org/index.php?board=67.0

[Blackswan122]

Good job I'm mining PPC which is currently 16% higher than mining BTC

How do you do that?

You can't on CEX but my rig points to FIXX pool. Now 138%

[jarsumarsu]

Deposits will not work.

The deposited btc's are mysteriously missing...
For over 8 hours now.

Read cex.io chat

 

[high110]

The big correction is finally coming! at .07 and falling!

[vane91]

it was about time, i think cex.io should put a cap on ghs at the estimated future profit. (meaning offering new GHS cheaper?)

[SciLor]

I am searching Betatesters for my WP8 app:

https://bitcointalk.org/index.php?topic=348645.new#new

[EFS]

Gh/s prices dramatically dropped. What do you think about cex.io's future?