Quote from: vabchgent on December 04, 2014, 06:07:35 PM

Quote from: flappymike on December 04, 2014, 05:26:54 PM

Well
I am reading this thread for awhile now, and i have kept my opinions for myself, but this morning i am fedup with GAW, i have 13 zenhashlets left and i have decided to put them on sale this morning
but i cannot sell them..... I have choose a price below the market price (including the fees that i have to pay) and i am stucked with them , i see that there is movement on the market but canI opened a ticket and there response is that i have probably put a price which is highest than the market price, i refute there answer and no reply from them since than....

Just wish to get out from there
Bye
Mike

Mike you need to be at least 75C lower then anyone else to sell. They tack there price on the sale so you need to figure out what there take adds to yours and split the hashlets. Sell them one at a time. Hope this helps.

Because GAW takes 5% from each of the buyer and seller you must price your coin at X / 1.05 where X is a few cents lower than the lowest per mhs hashlet on the market.

So for example, if the lowest hashlet on the market is $50.10, price at 50.00 / 1.05 = $47.62

Note that when it appears on the market, the 5% commission gets added back in so it will appear on the market at $50 per mhs even though you priced it at $47.62

Confusing and stupid.

FYI, given all the hype, I decided to reverse my prime sales and then re-sell the primes on the market where they are fetching $50+ per mhs. I am average about $10-15 per mhs higher than what I paid to reverse the prime sale! Sell on hype, buy on gloom. Now I just need to get my BTC out of GAW's zenminer cloud, not a trivial task. On top of that, GAW was nice enough to add in my mining profits between the date I cashed out and the date I reversed! Just in case anyone is thinking of doing the same, it has been pretty profitable (though risky) to do.

Best to everyone.