mrdeposit
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February 07, 2014, 07:22:42 PM |
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I expect the price to drop to already BTC0.021-0.025 before the day ends. I already set my buy price at BTC0.021 Is not so low... because as I told you they manipulate the price. Yeah, I see it didn't even fall under BTC0.025. Somehow it rallied back up a bit. Either the users don't care about mining profitability, or the price is really manipulated.... I know for me mining was important in the beginning until I realize it wouldn't be profitable cloud mining so I began day trading. I make more day trading but the site slows down every computer I hop on so I only day trade on cex for about 10 to 20 minutes than do any other things.
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virtualhash
Newbie
Offline
Activity: 7
Merit: 0
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February 07, 2014, 09:31:46 PM |
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All i know is that on cex i love to trade while mining a few btc still its best and secure than other new sites comings out and scamming the next few days the cex gives out 4 coins in mining while other gives out one or two coins cex trading experience is nice looks are fabulous very good authenticating enabled now on with sms alerts and the big one is cex don't take your btc for ghs you can redeem ghs for the chips and cards cex doesn't take btc for 4 month or 6 month contract waiting in line its life time here and even you can sell ghs at any time you can trade Ghs with other currencies LTC, NMC too if anyone interested to buy GH/s check in https://bitcointalk.org/index.php?topic=441604.0I love this site very much those who are still waiting for mining chips and contract to work stop now just get in cex.io and experience it
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polarhei
Sr. Member
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Activity: 462
Merit: 250
Firing it up
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February 08, 2014, 08:09:38 AM |
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Namecoin can be directly applied on the trading, plus the difficulty so be it.
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Omikifuse
Legendary
Offline
Activity: 1834
Merit: 1009
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February 09, 2014, 01:00:52 AM |
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Has Anyone look at the current prices of GHS/BTC on the website cex.io? There is a huge fall!! When I first started to play with this site the price of 1 GHS was around 0.043 btc, and it would usually go up as high as 0.05. I spent 0.03 btc for the price of .043 GHS/BTc. I started out at 0.735 GHS, and with just a little bit of pump and dumps plus very small earning, I mange to gain 1.7 GHS.
There's nothing crazy of what I'm doing here. I just mine for fun, and I needed a place to where I could mine without abusing my computer, or running up the electric bill. Cloud hashing is a great option for those who don't want to spend thousands on equipment, and the price for all of the keep ups.
Now things have taken a huge drive! Within a few short weeks the exchange site went form 0.048.... to now going into the 0.02x
Normally, I would try to sell my ghs at the price 0.045 to 0.048, and buy it cheap when ever the price would fall down below 0.043. However, with the low prices any to all of my earning are sold into ghs, because it so cheap. I'm getting back 0.009 ghs every day.
Anyhow, that's how I run. Thanks to BTC faucets, I didn't pay for anything!
So why are the prices falling such?
Anyone want to add their 2cents?
Difficulty is the main reason, and 0.043 is still over priced...
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FalconFly
Sr. Member
Offline
Activity: 252
Merit: 250
Sentinel
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February 09, 2014, 09:48:58 AM Last edit: February 09, 2014, 10:05:22 AM by FalconFly |
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All i know is that on cex i love to trade while mining a few btc still its best and secure than other new sites comings out and scamming the next few days the cex gives out 4 coins in mining while other gives out one or two coins cex trading experience is nice looks are fabulous very good authenticating enabled now on with sms alerts and the big one is cex don't take your btc for ghs you can redeem ghs for the chips and cards cex doesn't take btc for 4 month or 6 month contract waiting in line its life time here and even you can sell ghs at any time you can trade Ghs with other currencies LTC, NMC too if anyone interested to buy GH/s check in https://bitcointalk.org/index.php?topic=441604.0I love this site very much those who are still waiting for mining chips and contract to work stop now just get in cex.io and experience it ...and another paid shill who earned his money. Seriously, a good part of the ludicrous profits cex is reaking from unaware users seems to go into social manipulators (bought, fake accounts that spam for cex). At least that way, one could understand the permanently overpriced GHs offers in their heavily manipulated joke of a so-called "market". Honesty translator V1.0 : All i know is that on cex i love to spam while mining a few satoshis still its best and secure than other new sites comings out and scamming the next few days cex just skins you a little every week much nicer that way
the cex gives out 0.6 coins in mining while other gives out one or two coins
cex trading experience is nice if you know the risks
looks are useless but fabulous, unfortunately completely drag down website performance, near unusable during high-volume trading hours
very good authenticating enabled now on with sms alerts
and the big one is cex don't take your btc for ghs (lol j/k, of course they happily accept your BTC) you can redeem ghs for the chips and cards at completely ridiculous prices. Buy hardware as if diff was still below 500M !
cex doesn't take btc for 4 month or 6 month contract waiting in line its life time here and you start losing money with mining TODAY
even you can sell ghs at any time, realizing your losses from held GHs whenever you're ready to take the hit
you can trade Ghs with other currencies LTC, NMC too
if anyone interested to buy GH/s check in dedicated spam thread
I spam for this site very much those who are still waiting for mining chips and contract to work stop now just redeem and buy from a more reputable manufacturer next time - or screw mining alltogether and buy BTC directly
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This forum signature is like its owner - it can't be bought
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PatMan
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February 09, 2014, 09:51:42 AM |
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All i know is that on cex i love to trade while mining a few btc still its best and secure than other new sites comings out and scamming the next few days the cex gives out 4 coins in mining while other gives out one or two coins cex trading experience is nice looks are fabulous very good authenticating enabled now on with sms alerts and the big one is cex don't take your btc for ghs you can redeem ghs for the chips and cards cex doesn't take btc for 4 month or 6 month contract waiting in line its life time here and even you can sell ghs at any time you can trade Ghs with other currencies LTC, NMC too if anyone interested to buy GH/s check in https://bitcointalk.org/index.php?topic=441604.0I love this site very much those who are still waiting for mining chips and contract to work stop now just get in cex.io and experience it ...and another paid shill who earned his money. Seriously, a good part of the ludicrous profits cex is reaking from unaware users, a good part seems to go into social manipulators (bought, fake accounts that spam for cex). At least that way, one could understand the permanently overpriced GHs offers in their heavily manipulated joke of a so-called "market". BIG +1. Absolutely.
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btc advocate
Newbie
Offline
Activity: 7
Merit: 0
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February 09, 2014, 10:02:03 AM |
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cex.io is overpriced , you spend 1 bitcoin to mine 0.60 btc , the price per gh/s will collapse when newcomers lose their appetite.
is there another site you could recommend? thx
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Rannasha
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February 09, 2014, 11:47:44 AM |
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cex.io is overpriced , you spend 1 bitcoin to mine 0.60 btc , the price per gh/s will collapse when newcomers lose their appetite.
is there another site you could recommend? thx For cloud-mining? about:blank
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PatMan
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February 09, 2014, 12:14:57 PM |
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The problem is that there is a never ending supply of noobs who are so suckered into their "fabulous looks" that they completely forget about the crooks behind it, what they've been up to & how much they are getting scammed for........
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MegaHustlr
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February 09, 2014, 02:04:51 PM |
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So its a good time to buy??
I would suppose so, low prices and easily tradeable! Go for it.
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Omikifuse
Legendary
Offline
Activity: 1834
Merit: 1009
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February 09, 2014, 02:14:47 PM |
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cex.io is overpriced , you spend 1 bitcoin to mine 0.60 btc , the price per gh/s will collapse when newcomers lose their appetite.
is there another site you could recommend? thx Best way is to buy and mine it yourself and yet mining is not profitable so just buy BTC
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triwebb1
Newbie
Offline
Activity: 11
Merit: 0
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February 10, 2014, 12:42:35 AM |
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These ASICs are all going to come online soon and drive up the difficulty, and that will drive down the price of GHS. I suggest everyone get out of GHS.
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Sonny
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February 10, 2014, 05:34:12 AM |
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cex.io is overpriced , you spend 1 bitcoin to mine 0.60 btc , the price per gh/s will collapse when newcomers lose their appetite.
is there another site you could recommend? thx Forget about the buying hashrate for profit. If you can get profit just by buying the hashrate, why would the site owner sell it in the first place?
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