Bitcoin Forum
December 17, 2017, 04:42:00 AM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1] 2 »  All
  Print  
Author Topic: Its time to switch from CEX.IO?  (Read 2423 times)
ahmedjadoon
Legendary
*
Offline Offline

Activity: 1190

Admin @ FreeCoinTalk.org


View Profile WWW
February 08, 2014, 04:59:16 AM
 #1

Read this https://products.butterflylabs.com/homepage-new-products/1-gh-cloud-hosted-bitcoin-hashing-power.html
What do you think its time to switch from CEX.IO to butterfly labs?

         ▄███████████████▄
       ▄██▀             ▀██▄
    ▄▄██▀                 ▀██▄▄
█████▀▀       ▄▀▀▀▀▀▀▀▄▄    ▀▀█████
██          ▄▀ ▄▄▄▀▀▀▀▄▀█▄▄      ██
▐█▌       ▄▀ ▄▀ ▄▄▄▀▀▀▄▀▀▀███   ▐█▌
 ██      ▄▀▄▀▄▀▀▄▄▄▀▀▀▀▀█ ▄█▀   ██
 ▐█▌    █▄▀▄▀▄█▀▀▀ ▀█▀ ▄▀▄▀█   ▐█▌
  ██    █▄▀▄▀▄▄█▀ ▄▀ ▄▀▄▀▄▀█   ██
  ▐█▌ ▀▄█████▀▄▄▀▀▄▄▀▄▀▄▀▄▀█  ▐█▌
   ██▌▀████▀██▄▄▀▀▄▄▀▄▀▄▀▄█▀ ▐██
    ██▌▀█▀▀█▄▀▀▄▀▀▄▄▀▄█▄▄█▀ ▐██
     ██▌ ▀  ▀███▄▄▄█████▀  ▐██
      ██▄      ▀▀▀▀▀      ▄██
       ▀██▄             ▄██▀
         ▀██▄         ▄██▀
           ▀██▄     ▄██▀
             ▀███▄███▀
               ▀███▀
.DeepOnion.
★ ★ ★ ★ ★  .❱❱❱ JOIN AIRDROP NOW!.
TOR INTEGRATED & SECURED
★  Your Anonymity Guaranteed
★  Your Assets Secured by TOR
★  Guard Your Privacy!
|Bitcointalk
Reddit
Telegram
|                        ▄▄▀▄▄▀▄▄▀▄▀▀
                    ▄▄██▀█▀▄▀▀▀
                  ▄██▄█▄██▀
                ▄██████▀
              ▄██████▀
  ▄█▄▄▄▄▄▄▄▄▄██████▀
██████▀▀▀▀▀██████▀
 ▀█████  ▄███████
  ████████████▀██
  ██▀███████▀  ██
  ██ ▀████▀    ██
  ██   ▀▀      ██
  ▀█████████████▀
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1513485720
Hero Member
*
Offline Offline

Posts: 1513485720

View Profile Personal Message (Offline)

Ignore
1513485720
Reply with quote  #2

1513485720
Report to moderator
1513485720
Hero Member
*
Offline Offline

Posts: 1513485720

View Profile Personal Message (Offline)

Ignore
1513485720
Reply with quote  #2

1513485720
Report to moderator
1513485720
Hero Member
*
Offline Offline

Posts: 1513485720

View Profile Personal Message (Offline)

Ignore
1513485720
Reply with quote  #2

1513485720
Report to moderator
-ck
Moderator
Legendary
*
Offline Offline

Activity: 2366


Ruu \o/


View Profile WWW
February 08, 2014, 06:36:45 AM
 #2

A preorder from BFL? Think about it...

Primary developer/maintainer for cgminer and ckpool/ckproxy.
ZERO FEE Pooled mining at ckpool.org 1% Fee Solo mining at solo.ckpool.org
-ck
DrG
Legendary
*
Offline Offline

Activity: 1624



View Profile
February 08, 2014, 07:27:24 AM
 #3

BFL will be facing multiple lawsuits this year and I'm not sure you would want to put your eggs into a company that may have to pay severe fines and restitution.

BTC: 1AMfUrM37cCHcAvyYGx9bsJWjt6rdCu7sj
ETH: 0x427f41c3a6b79ca643210195a33cdbaa714177aa
railzand
Sr. Member
****
Offline Offline

Activity: 462

Lux e tenebris


View Profile
February 08, 2014, 09:52:52 AM
 #4

it is time to switch from there, yes, but not to bfl

evansearle42
Sr. Member
****
Offline Offline

Activity: 370


View Profile
February 08, 2014, 12:34:53 PM
 #5

Read this https://products.butterflylabs.com/homepage-new-products/1-gh-cloud-hosted-bitcoin-hashing-power.html
What do you think its time to switch from CEX.IO to butterfly labs?

Its time to switch from CEX.io but not butterfly labs products.. they are scamers...
PatMan
Hero Member
*****
Offline Offline

Activity: 924


Watch out for the "Neg-Rep-Dogie-Police".....


View Profile WWW
February 08, 2014, 12:53:34 PM
 #6

Switch from one scam outfit to another....... Huh

"When one person is deluded it is called insanity - when many people are deluded it is called religion" - Robert M. Pirsig.  I don't want your coins, I want change.
Amazon UK BTC payment service - https://bitcointalk.org/index.php?topic=301229.0 - with FREE delivery!
http://www.ae911truth.org/ - http://rethink911.org/ - http://rememberbuilding7.org/
balanghai
Sr. Member
****
Offline Offline

Activity: 364


View Profile
February 08, 2014, 12:55:33 PM
 #7

Like the ANTMINER? Well try to look at the Price at CEX. It's at least dropping to the proper buying rate and not just a trading rate.
fasbit
Sr. Member
****
Offline Offline

Activity: 418

./fasbit


View Profile WWW
February 08, 2014, 07:03:22 PM
 #8

Buy FAS > Instant GPU Mining.

I hate cex.io... I lost so much money there hoping and wishing it would always turn around....   what an idiot I was...

I made my own solution. 

https://cryptostocks.com/securities/87


./fasbit
UltraPleb
Jr. Member
*
Offline Offline

Activity: 42


View Profile
February 08, 2014, 09:06:13 PM
 #9

I have 0.5 GH/s there, was planning on buying more but from what people are saying that might not be a good decision?

PatMan
Hero Member
*****
Offline Offline

Activity: 924


Watch out for the "Neg-Rep-Dogie-Police".....


View Profile WWW
February 08, 2014, 09:15:58 PM
 #10

I have 0.5 GH/s there, was planning on buying more but from what people are saying that might not be a good decision?

Exactly correct.

"When one person is deluded it is called insanity - when many people are deluded it is called religion" - Robert M. Pirsig.  I don't want your coins, I want change.
Amazon UK BTC payment service - https://bitcointalk.org/index.php?topic=301229.0 - with FREE delivery!
http://www.ae911truth.org/ - http://rethink911.org/ - http://rememberbuilding7.org/
Omikifuse
Legendary
*
Offline Offline

Activity: 1204


View Profile
February 09, 2014, 12:54:10 AM
 #11

Read this https://products.butterflylabs.com/homepage-new-products/1-gh-cloud-hosted-bitcoin-hashing-power.html
What do you think its time to switch from CEX.IO to butterfly labs?

Just sell your hash, its overpriced anyway and keep BTC..

         ▄█▄  ▄▄▄▄
          ▀ ▄██████▄
    ▄▄▄   ▄███▀▀███
  ▄█████▄ ▀█▀ ███▄ ▀▀
 ███▀  ▀██▄    ████▄   
 █▀ ▄██▄ ▀█▀ ▄██▀ ▀█▀ ▄██
  ▄██▀     ▄██▀     ▄██▀
 ██▀ ▄█▄ ▄██▀ ▄█▄  ██▀ ▄▄
      ▀███▀    ▀██▄  ▄██▀
     ▄▄ ▀██▄ ▄█▄ ▀█████▀
     ███▄▄██▀   ▀▀
      ▀██████▀
        ▀▀▀▀   ██▀

  █
  █
  █
████
  █
████
  █
████
  █
  █
  █


▄███▄    ▄███▄
███  ██▄ █▀▀▄
████████  ███▀
██▀ ▄███       
████████▄▄  ▄█▀
 ██████▀▀██▀▀
  ▀███▀▄▄   ▄
   ▀██▄██ ▄█▀
     ▀▀██▀▀
FULLY
ANONYMOUS

━━━━━
/

    ██▄▄              ▄▄██
   █▀  ▀█▄ ▄▄▄▄████▄██▀  ▀█
  █▀   ▄███▀▀▀       █▄   ▀█
 █▀   ▄███▄ ▄▄█▄▄     █▄   ▀█
██▄  ▄████████████▄▄  █▄  ▄██
  ▀▀██▀███████████████▄███▀▀
      ▀█▄█▀███████████▀▀
        ▀███▀███████▀
           ▀▀▀▀██▀▀
INSTANT
TRANSFER

━━━━
/

     ▄████▄
 ▄▄▄████████▄▄▄
▄██████████████▄
▀██▀ ▀█  ▀█ ███▀
 ██ ▀ █ ▀▄█ ███
▄██▄█▄█▄███▄███▄
▀██████████████▀
 ▀▀▀████████▀▀▀
     ▀████▀
API FOR YOUR
PROJECTS

━━━━

  █
  █
  █
████
  █
████
  █
████
  █
  █
  █
PARTNER PROGRAM
TOR MIRROR
MIX WALLET
.FAQ
ANN THREAD
TELEGRAM
Sonny
Hero Member
*****
Offline Offline

Activity: 868


View Profile
February 10, 2014, 06:15:37 AM
 #12

What do you think its time to switch from CEX.IO to butterfly labs?

Cex.io hashrate is always highly overpriced, while BFL has really bad history in meeting its delivery schedule for pre-order units.

So, just stay away from both the 2 sites. Cheesy
Gumbork
Hero Member
*****
Offline Offline

Activity: 585



View Profile
February 10, 2014, 04:57:39 PM
 #13

Time to switch to BTC and keep..


              ▄
            ▄███▄
          ▄███████▄
   ▄▄▄    █
█████████
   ███
    ███████████▄
██    ████    ████████▄
      ████    ██████████
  ████    ████▀██████████
  ████    ██▀   ▀█████████▄
      █████       █████████▄
      ███▀         ▀████████
  ██████▀           ▀███████
  █████▀             ▀█████
   ████ █▄▄▄     ▄▄▄█ ████
    ███ ▀███████████▀ ███
     ▀▀█▄ █████████ ▄█▀▀
        ▀▀▄▄ ▀▀▀ ▄▄▀▀
●●
●●
●●
●●
●●
●●
|●  facebook
●  reddit
●  ann thread
|
█ ██
█ ██ █
█ ██ █
█ ██ █
█ ██ █
█ ██ █
█ ██ █
█ ██ █
█ ██ █
█ ██ █
█ ██

██ █
█ ██ █
█ ██ █
█ ██ █
█ ██ █
█ ██ █
█ ██ █
█ ██ █
█ ██ █
█ ██ █
██ █
braytz
Hero Member
*****
Offline Offline

Activity: 490



View Profile
February 10, 2014, 05:35:10 PM
 #14

Time to switch to BTC and keep..

+ 0.02

rostbiffen
Member
**
Offline Offline

Activity: 69


View Profile
February 10, 2014, 08:59:34 PM
 #15

Read this https://products.butterflylabs.com/homepage-new-products/1-gh-cloud-hosted-bitcoin-hashing-power.html
What do you think its time to switch from CEX.IO to butterfly labs?

BFL is the last company i could place my money at,


price at cex right now is 0.023, you can buy usb antminers that run at 2ghs for 0.044

or even better is the S1, with price/ghs at 0.008 at the moment.

Maidak
Legendary
*
Offline Offline

Activity: 1092


bitcoinminerz.com


View Profile WWW
February 12, 2014, 02:29:18 AM
 #16

I think you guys are honestly just bashing. You all do understand that the price of a GHS on cex.io is determined by the people who are trading it right? You all bitch about the high price for a GHS yet people are buying/selling it at quite a rather large volume.

The only cases where anything would be an apparent scam would be the retards who don't use 2FA and have had there accounts hacked because they think downloading this magical bot program that will make them a ton of money on cex.io.

So please enlighten me on how cex.io is a scam i've been one of the first registered members there and I can say I made plenty of money on there with the "cloud" mining as well as day trading. With 0 fees its not hard to flip and flop 500 GHS at highs and lows throughout the day manually for a couple easy BTC to make WHILE it also mines for me when i'm holding.

Buy & Sell Bitcoin | Escrow | BitcoinminerZ.com | MMOclub.com Contact by SMS/Call(717)454-4274 or email maidak@mmoclub.com for fast service!
PyroTekNeks
Member
**
Offline Offline

Activity: 70


View Profile
February 12, 2014, 04:09:37 AM
 #17

I think you guys are honestly just bashing. You all do understand that the price of a GHS on cex.io is determined by the people who are trading it right? You all bitch about the high price for a GHS yet people are buying/selling it at quite a rather large volume.

The only cases where anything would be an apparent scam would be the retards who don't use 2FA and have had there accounts hacked because they think downloading this magical bot program that will make them a ton of money on cex.io.

So please enlighten me on how cex.io is a scam i've been one of the first registered members there and I can say I made plenty of money on there with the "cloud" mining as well as day trading. With 0 fees its not hard to flip and flop 500 GHS at highs and lows throughout the day manually for a couple easy BTC to make WHILE it also mines for me when i'm holding.
This is what most people don't think about. Though I agree it IS overpriced, that's part of the negative part of CEX. The positive is that you don't have to pay for electricity, deal with the heat output, space restrictions, etc, and you can buy/sell GHS like nothing. It takes a few seconds. You can't expect a company to make you billions just because you buy a GHS or two.

http://scrypt.cc?ref=baaai
^^^SCRYPT CLOUD MINING SITE!!!^^^
Sonny
Hero Member
*****
Offline Offline

Activity: 868


View Profile
February 14, 2014, 06:30:45 AM
 #18

The positive is that you don't have to pay for electricity, deal with the heat output, space restrictions, etc

Indeed, cex.io does charge you hosting, electricity and repair costs.
http://cex.io/maintenance
julestheminer
Newbie
*
Offline Offline

Activity: 26

Ask me about my stance on skub


View Profile
February 15, 2014, 02:42:18 PM
 #19

CEX.IO has its faults, and its benefits. You really have to put things into perspective...

There are plenty of reasons not to invest, which I've heard and agree with:
-it's an illiquid market. Your investment, if placed all at once, will have an immediate impact on the price - as will the removal of said investment.
-you pay a premium to let other people do the work for you. If you have enough know-how and capital to do it yourself, why pay more?
-I've heard the argument that it's a constantly depreciating asset - but as long as the BTC network grows, every GHS is. It's worth the consideration though.

If you have a reasonable amount of money and are looking to invest in the long term... cex.io is not the place for you, I'd say.

Now if you're a newbie like I was am...

I think it's a pretty swish deal for newcomers. Here's why:

-you get to let other people do the work for you, for only a ... "small"  premium.
-you invest any amount at any time, and get exactly what you pay for. No pre-orders, or waiting of any kind. If you want to try, you can use $20... or $5...
-you can cut your losses (or make your profits) and leave at any time. No one's got your money locked into a contract.
-no trade fees and a real-time trading platform.

Honestly, IMHO, cex.io is an intro course to the topic of trade and cryptos. If I was sitting on a few grand, and I wanted to just invest ... I probably wouldn't go near cex.io, because it would likely be cheaper to buy some hardware myself and just point at ghash.io.
supersajin
Member
**
Offline Offline

Activity: 93


View Profile WWW
February 15, 2014, 03:24:31 PM
 #20

https://bit-mining.co/

Is a smaller, much better run similar cloud mining program where you make $$ with good mining rates .015-.02/GH

Pages: [1] 2 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!