Topic: [ANN] Meet the people making Crypto mainstream (Read 1546 times)

For immediate release: October 29, 2018

#BitCoinage will Airdrop 5 million tokens for our online community. We are excited to announce that our Airdrop starts now in collaboration with CoinDelite. #Airdrop #CoinDelite #Arbitrage #Exchange #Cryptocurrency

@William1978 Great question, we will be in at least 100 countries. It will be useful and profitable for many.

@cryptowolfsu The bot takes all those factors into consideration: the time of the trade/deposit/withdrawals are calculated by the bot. The bot will literally give you a green light if you're going to make money on the trade, and a red light if you're going to lose money. With over 400 exchanges entering crypto over the last few months there has been a dramatic increase in arbitrage opportunities amongst exchanges. There will be far greater opportunities to make more money on arbitrage trading as time continues.

Arbitrage opportunity is there for sure, and it is huge one for traders.
My concern with crypto arbitrage trading is the time of completion of a trade as prices can change meanwhile,
long deposit and withdrawal time at certain exchanges . Definitely will follow how it works out.

@Jude0911 Our AI/Machine learning "Bloodhound" arbitrage trading bot does not require setup and it is very successful. "Bloodhound" will be a one of a kind bot, we have the highest standards for its creation and performance.

@elliott3000 Welcome to our community we are glad you are here. Did you have any questions or comments for us?

Feel free to join the Discord chat as well. The link is included at the bottom of the ANN post below our Youtube vid.

@William1978 Our exchange will be used worldwide to profit between the price differences on most notable exchanges worldwide. The BitCoinage exchange will not be limited to one region of the world how exchanges are currently which has created the opportunity for price differences across the world. We are going to capitalize on this profit potential for everyone who tries our exchange.

@Dylan365 & @Freddie197, The probability of the arbitrage opportunity existing is Not based on the proliferation of our machine learning system but rather the persistent factors within cryptocurrency that continually create these opportunities.

In other words, it's really not so much about our BitCoinage system finding these opportunities as it is about the way the Crypto exchanges are set up. Arbitrage will continue to exist as long as exchanges are locked to local communities and those communities have different levels of economic success.

Additionally, at the time of this post, there are more than 500 exchanges worldwide and growing. So lots of ground to harvest.

The list of exchanges is still be created but will include the top 125.

How high is the accuracy of the bottrade Cryptocurrency and is this an application that requires setup ?

how does this work? crypto trading is 24/7 and I am very interested in this. More info please

the idea for traders is interesting and useful, and the token has already run up, and fought back, the more beta version came out, so all the while in favor, should go up

Arbitrage exist due to ineffecient markets and assymetric price discovery, More users > more trades > more efficient market > less arbitrage opportunities.

Our key strength is in our core technology and it's benefit for everybody. As stated in the whitepaper:

"BitCoinage will employ machine learning in their creation of an arbitrage-finding bot, codenamed
'Bloodhound.' This bot will begin by analyzing the last 5 years of trading data across all
exchanges in order to uncover patterns in price arbitrages.

The arbitrage bot will be able to understand when a currency is overvalued on a particular
exchange and notify users. It will create an entry each time someone trades a currency at a
differing value from the average until a pattern is established of those exchanges where
arbitrages appear most frequently.

These patterns often point to inexperienced traders, localized exchanges, and newly-listed currencies.
Then, the bot will make use of integrated trade API’s with exchanges to buy, sell, and transfer
currencies across those exchanges. This process is called “triangular arbitrage trading.”
The bot will be able to execute a trade and immediately initiate a transfer back to the user's wallet.

We believe these arbitrage opportunities will exist for quite some time, as newcomers are
continuing to enter the market in increased numbers.
Exchanges are still localized and new currencies are constantly being listed.
Additionally, the volatile nature of Cryptocurrency consistently creates significant price
differences between exchanges."

Since the business and their bots shall operate online; it shall be useful to anybody worldwide unless those countries whose government are against crypt trading.

There shall always be a chance to loose some funds here also, just like any business, what the success rate and how long shall it be back tested before bringing it to the public market?

For what countries it can be usefull?

If everyone can make money, who's going to lose? The ones that didn't use the tools? Maybe I need to try it myself,

the idea for traders is interesting and useful, and the token has already run up, and fought back, the more beta version came out, so all the while in favor, should go up

 I also have doubts about this project cause There are already arbitraging robots on most of exchanges and those are really efficient. They take every 0.1% of profit. This coin wont do what it says it will, it is just not technically possible. Also exchanges have very strict limits on their API

@teoco161 Yes, trading the price difference between two exchanges is arbitrage.

@Oscar1979 There's always going to be arbitrage as long as exchanges are thriving in their local communities. The demand in one particular economy will always be higher than another economy because one will always be at a higher price than the other. For example, the price of Bitcoin in the US will not be as great as the demand in Nigeria.