Topic: ActiveMining Overview and Speculation Thread - page 69. (Read 168030 times)
With any luck the 25k wall on Bitfunder should be gone by the end of the day and we'll rise a lot closer to BTCT prices. Kind of makes me regret selling my ActM on BTCT yesterday at 0.0046 to move over to Bitfunder though, I couldve had like 10% more shares
Here's a thought.
What about letting Ken do the arbitrage in the name of ActiveMining?
Set up some rule, for example if price differs more than 10%, he's allowed to do arbitrage trading between BF&btct, and let the earnings go to ActiveMining. Or let it be part of next weeks dividend.
Or will that be considered market manipulation if its being done by the issuer?
Another problem can be transparency.
What about letting Ken do the arbitrage in the name of ActiveMining?
Set up some rule, for example if price differs more than 10%, he's allowed to do arbitrage trading between BF&btct, and let the earnings go to ActiveMining. Or let it be part of next weeks dividend.
Or will that be considered market manipulation if its being done by the issuer?
Another problem can be transparency.
This is a bad idea. Ken shouldn't be spending the I'm arbing out the inefficnecies between the two markets. The price will come in line in time, its free money for someone out there to take even if its going to take a little time to do.
Here's a thought.
What about letting Ken do the arbitrage in the name of ActiveMining?
Set up some rule, for example if price differs more than 10%, he's allowed to do arbitrage trading between BF&btct, and let the earnings go to ActiveMining. Or let it be part of next weeks dividend.
Or will that be considered market manipulation if its being done by the issuer?
Another problem can be transparency.
What about letting Ken do the arbitrage in the name of ActiveMining?
Set up some rule, for example if price differs more than 10%, he's allowed to do arbitrage trading between BF&btct, and let the earnings go to ActiveMining. Or let it be part of next weeks dividend.
Or will that be considered market manipulation if its being done by the issuer?
Another problem can be transparency.
Walls walls evrywhere 
Yeah, someone just decided to cashout 35k @ 0.00485777 on bitfunder. I think that will contain the price for a while if there's no other significant news.
The price gap between the two exchanges is ridiculously profitable.
You can forget about efficient arbitrage—you can't expect Ken to make share transfers between exchanges for this purpose. Until then, just sell high, move your coins, buy low.
Walls walls evrywhere
Yeah, someone just decided to cashout 35k @ 0.00485777 on bitfunder. I think that will contain the price for a while if there's no other significant news.
The price gap between the two exchanges is ridiculously profitable.
Walls walls evrywhere
Yeah, someone just decided to cashout 35k @ 0.00485777 on bitfunder. I think that will contain the price for a while if there's no other significant news.
Walls walls evrywhere
I was sure that the spike up to 0.006 would result in us dropping back down to 0.0045ish... im surprised its stayed so high.
Considering AMC got to over .004 per share when investors only received 8% profit split over 40,000,000 shares, it should be no surprise that a properly structured ACTM receiving 40% over 10,000,000 shares should easily reach 4 x the original high.
I think we'll steadily increase to around .0075 with a spike over .01 after all 6TH is hashing next month. Once we start receiving chips and adding hardware sales to the dividends we'll easily surpass .02/share.
Just my 2c (though I have been pretty accurate lately
)
I was sure that the spike up to 0.006 would result in us dropping back down to 0.0045ish... im surprised its stayed so high.
Large discrepancy between BTC-TC and Bitfunder. Too bad I'm on Bitfunder 
Yeah, how come nobody is taking advantage of arbitrage on this discrepancy?
Like, sell 500 @ 0.005600 on BTCT = 2.8 btc
Transfer your bitcoin to bitfunder, then buy 500 @ 0.004790 = 2.395
You have the same shares, but gain instant 0.405 btc profit, that is 156 weeks of dividend based on last div.
If I was to buy some shares on Bitfunder, can they be pushed to my account BTC-TC? I'd rather keep them all in one place.
Edit: I'm guessing this is a similar process to Tendering. Transfer to Ken on Bitfunder, He transfers to me on BTC-TC?
Edit: I'm guessing this is a similar process to Tendering. Transfer to Ken on Bitfunder, He transfers to me on BTC-TC?
Ken does not currently offer that service.
If I was to buy some shares on Bitfunder, can they be pushed to my account BTC-TC? I'd rather keep them all in one place.
Edit: I'm guessing this is a similar process to Tendering. Transfer to Ken on Bitfunder, He transfers to me on BTC-TC?
Edit: I'm guessing this is a similar process to Tendering. Transfer to Ken on Bitfunder, He transfers to me on BTC-TC?
I really don't want to trade btct shares for bitfunder shares but this spread is getting too hard to resist.
I'll place a crazy 30k btct wall @ .0075. If it sells I'll take down the bitfunder wall. I really don't see it happening though.
I'll place a crazy 30k btct wall @ .0075. If it sells I'll take down the bitfunder wall. I really don't see it happening though.
There's withdrawal limits on BTC-TC. I could only withdraw 6.74 BTC, and have to wait for the rest to be manually transferred by burnside. You might want to take that into account.
Doh! Forget that then.
I hate that manual withdrawal.
I really don't want to trade btct shares for bitfunder shares but this spread is getting too hard to resist.
I'll place a crazy 30k btct wall @ .0075. If it sells I'll take down the bitfunder wall. I really don't see it happening though.
I'll place a crazy 30k btct wall @ .0075. If it sells I'll take down the bitfunder wall. I really don't see it happening though.
There's withdrawal limits on BTC-TC. I could only withdraw 6.74 BTC, and have to wait for the rest to be manually transferred by burnside. You might want to take that into account.
Doh! Forget that then.
I really don't want to trade btct shares for bitfunder shares but this spread is getting too hard to resist.
I'll place a crazy 30k btct wall @ .0075. If it sells I'll take down the bitfunder wall. I really don't see it happening though.
I'll place a crazy 30k btct wall @ .0075. If it sells I'll take down the bitfunder wall. I really don't see it happening though.
There's withdrawal limits on BTC-TC. I could only withdraw 6.74 BTC, and have to wait for the rest to be manually transferred by burnside. You might want to take that into account.
Well regardless, if one opportunist doesn't take a chance on this another will. That is my bet.
I really don't want to trade btct shares for bitfunder shares but this spread is getting too hard to resist.
I'll place a crazy 30k btct wall @ .0075. If it sells I'll take down the bitfunder wall. I really don't see it happening though.
I'll place a crazy 30k btct wall @ .0075. If it sells I'll take down the bitfunder wall. I really don't see it happening though.
Large discrepancy between BTC-TC and Bitfunder. Too bad I'm on Bitfunder
Yeah, how come nobody is taking advantage of arbitrage on this discrepancy?
Like, sell 500 @ 0.005600 on BTCT = 2.8 btc
Transfer your bitcoin to bitfunder, then buy 500 @ 0.004790 = 2.395
You have the same shares, but gain instant 0.405 btc profit, that is 156 weeks of dividend based on last div.
Because getting your coin through weexchange and into bitfunder can take ages, because they require 6 confirmations. By that time the price could have changed and then you have lost money
6 confirmations is an hour only.
Yeah, price could have changed, it can also get lower then you profit more.
Large discrepancy between BTC-TC and Bitfunder. Too bad I'm on Bitfunder
Yeah, how come nobody is taking advantage of arbitrage on this discrepancy?
Like, sell 500 @ 0.005600 on BTCT = 2.8 btc
Transfer your bitcoin to bitfunder, then buy 500 @ 0.004790 = 2.395
You have the same shares, but gain instant 0.405 btc profit, that is 156 weeks of dividend based on last div.
Because getting your coin through weexchange and into bitfunder can take ages, because they require 6 confirmations. By that time the price could have changed and then you have lost money
incorrect. i highly doubt those ~70k in ask walls will fall before 6 confirms. if i was on btct, i would arb this.
edit: i just checked again. arbing this is getting more profitable by the minute.
You asked why noone was doing it - that was just a reason I thought of. With the ask walls you could stand to make quite a profit right now tho...
it was not me that asked.
i hope this puts a dent into the walls at bitfunder though. i agree with your points, 6 confirms introduces some risk(i would estimate less than 0.001% chance), and if you are not familiar with bitfunder/weex it could add a couple minutes.
Large discrepancy between BTC-TC and Bitfunder. Too bad I'm on Bitfunder
Yeah, how come nobody is taking advantage of arbitrage on this discrepancy?
Like, sell 500 @ 0.005600 on BTCT = 2.8 btc
Transfer your bitcoin to bitfunder, then buy 500 @ 0.004790 = 2.395
You have the same shares, but gain instant 0.405 btc profit, that is 156 weeks of dividend based on last div.
Because getting your coin through weexchange and into bitfunder can take ages, because they require 6 confirmations. By that time the price could have changed and then you have lost money
incorrect. i highly doubt those ~70k in ask walls will fall before 6 confirms. if i was on btct, i would arb this.
edit: i just checked again. arbing this is getting more profitable by the minute.
You asked why noone was doing it - that was just a reason I thought of. With the ask walls you could stand to make quite a profit right now tho...
Jump to: