I heard btc-e sometimes delays their deposits by a lot, so not sure exactly if you can pull it off but who knows.
this was several months back though, so maybe they changed in terms of service with getting deposits credit right away.
Topic: a realistic arb. plan, buy btceUSD sell lakeUSD, just need a trading bot (Read 4051 times)
December 09, 2014, 03:16:18 AM
December 09, 2014, 02:52:32 AM
did you check your figures on http://bitcoin-analytics.com/#xarbitrage ?
hi, what happened with your site? I can't open it yesterday and today.
December 09, 2014, 01:19:06 AM
This program looks feasible increasingly, if the markets continue as they are now
December 07, 2014, 11:18:10 PM
Yeah. Sure. As long as you monitor enough exchanges and enough coin types, there's always some profit somewhere. I've seen most opportunities with coins, I've never heard of before.
I remember someone told me that there is no room for arbitrage forever since the exchange fee, until now I learned that less and less fee on exchanges, so bad the guys!it looks that I missed many money for it, you see, how high the price at LakeBTC these days, why me always hurted
money is always here to wait you, never late 
December 05, 2014, 03:39:08 PM
igl00: it didn't work? You had a bot, checking the prices 24/7 ?
December 05, 2014, 05:18:03 AM
Yeah. Sure. As long as you monitor enough exchanges and enough coin types, there's always some profit somewhere. I've seen most opportunities with coins, I've never heard of before.
I remember someone told me that there is no room for arbitrage forever since the exchange fee, until now I learned that less and less fee on exchanges, so bad the guys!it looks that I missed many money for it, you see, how high the price at LakeBTC these days, why me always hurted
December 04, 2014, 11:31:58 PM
i wanted to do BTC-E -> bistampt and it didnt work heh
December 03, 2014, 02:41:10 PM
Yeah. Sure. As long as you monitor enough exchanges and enough coin types, there's always some profit somewhere. I've seen most opportunities with coins, I've never heard of before.
December 03, 2014, 03:13:30 AM
If the bot considers those fees properly, that doesn't really pose a problem. But I have to admit, that calculating the fees is often a problem. Some exchanges give discounts based on traded volume etc., and it's hard for a bot to get good info here. That's why I think every exchange should have an API method, that returns the fee for a potential order.
do you think there is still a arb profit now? December 02, 2014, 04:03:05 PM
If the bot considers those fees properly, that doesn't really pose a problem. But I have to admit, that calculating the fees is often a problem. Some exchanges give discounts based on traded volume etc., and it's hard for a bot to get good info here. That's why I think every exchange should have an API method, that returns the fee for a potential order.
December 02, 2014, 01:10:23 AM
Do not be attracted by BTC-e price, its price is low because it charged a huge amount of deposit and withdrawals fee!
December 01, 2014, 04:09:31 PM
I think, I can provide the bot if you organize the rest. Let me know, if you are interested in a collab.
December 01, 2014, 01:45:46 AM
marked, a program worth considering
October 13, 2014, 08:38:02 PM
But how do you guys plan to move USD back to BTC-e from Lakbetc for buying Bitcoin at lower price and than repeat the process?
September 12, 2014, 06:10:38 AM
This is a funds transfer plan, rather than arbitrage plan!
Of course, the arb trading can give you a very very small profit everytime, so for earning decent money that you have to trade a very very large funds.
Of course, the arb trading can give you a very very small profit everytime, so for earning decent money that you have to trade a very very large funds.
September 06, 2014, 12:02:49 PM
September 06, 2014, 07:09:56 AM
Well, the buying and selling could be automated without much problem.
Yes I thought so at first. But as OP says no cash withdrawals are considered, so we can ignore this problem.
September 05, 2014, 04:29:43 PM
Don't forget to take slippage into account.
http://www.investopedia.com/terms/s/slippage.asp
Also, trading bots can malfunction, be careful.
http://www.cryptocoinsnews.com/malfunctioning-bitcoin-trader-bot-causes-extremely-high-volume-bitcoin-exchange-btc-e/
http://www.investopedia.com/terms/s/slippage.asp
Also, trading bots can malfunction, be careful.
http://www.cryptocoinsnews.com/malfunctioning-bitcoin-trader-bot-causes-extremely-high-volume-bitcoin-exchange-btc-e/
September 05, 2014, 12:00:08 PM
Well, the buying and selling could be automated without much problem. The deposit and withdrawal is usually the bigger problem. I wrote code to parse the btc-e website for withdrawal, but it won't work anymore, since there is a mail confirmation required now. Might be feasable to automate this too, with some effort.
I write bots in java, maybe we could collaborate somehow.
I write bots in java, maybe we could collaborate somehow.
September 05, 2014, 04:30:13 AM
If you'd like to
decrease USD cash from BTCE and
increase USD cash to LakeBTC account,
It works. It is unrealized profit.
If you consider other transactions to realize profit, it may or not.
In terms of experience, I have bought on btce and sold lakebtc. No problem. That's it.
interesting, does any body try this plan? I want to know how it feels
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