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Topic: ARBITRAGE APP - OVER 9000 PAIRS ACROSS 37 MOST POPULAR EXCHANGES - page 10. (Read 2082 times)

member
Activity: 420
Merit: 40
Would it be possible to add an option to exclude some exchanges?


Noted, will be added to the filters list. I'll work on that after I finish adding more exchanges to the list.
member
Activity: 420
Merit: 40
The greatest issue with arbitrage that I see people fail to mention is the lack of volume/liquidity. The spread on some coins are very large, as much as 10% of their value. It's great in theory that you can arbitrage but with the spread so high it's often not possible in reality. It is with top 100 market cap coins but not the low market cap ones.

Yep, the exchanges blue proposes to arb on have such horrible liquidity that you can make $0.20 and then still the fiat will be stuck on the scammy brokers. But I guess its good enough for him  Grin

Guessing would not get you far in life!
member
Activity: 84
Merit: 58
Would it be possible to add an option to exclude some exchanges?
member
Activity: 420
Merit: 40
The greatest issue with arbitrage that I see people fail to mention is the lack of volume/liquidity. The spread on some coins are very large, as much as 10% of their value. It's great in theory that you can arbitrage but with the spread so high it's often not possible in reality. It is with top 100 market cap coins but not the low market cap ones.


Sure, I can agree with the potential liquidity issue across some less popular exchanges. Its very easy to identify though, simply compare asks and bids.. the liquid market can be identified buy lesser spread between the lowest ask and the highest bid.

I'm in process of adding more exchanges, in attempt to open more opportunities.
full member
Activity: 406
Merit: 174
The greatest issue with arbitrage that I see people fail to mention is the lack of volume/liquidity. The spread on some coins are very large, as much as 10% of their value. It's great in theory that you can arbitrage but with the spread so high it's often not possible in reality. It is with top 100 market cap coins but not the low market cap ones.
brand new
Activity: 0
Merit: 0
GREAT ARBITRAGE OPPORTUNITY BETWEEN DASH/USD

buy on kraken (24hr volume 776.3) sell on sell on yobit (24hr.Vol.22780)


https://s3.eu-west-2.amazonaws.com/exchange.blue/dash_usd.gif

FAIL, only withdraw to scam wallets or >9% fees with hidden costs.

https://i.imgur.com/aQKRN7o.jpg

Stop trying to scam novice traders.


Why are you so close minded? First of all the disclosure in big black letters clearly states: "While arbitrage may present a lucrative window of opportunity to generate passive income, it is very important to understand the potential market risks and the speculative nature of the business. The transaction fees may vary from one exchange to another, therefore it is important to familiarize yourself with this subject prior to making any trades."

Secondly, there is no need to withdraw fiat. USD could be easily converted to another altcoin and moved to another exchange for withdrawal. If it was that easy and straight forward to execute, a retard would it. As I had mentioned over and over, I'm not encouraging anyone to do anything, my goal is to deliver information in user readable format.

If you feel incapable or unwilling to invest your quality time into something that has a potential to increase your capital, move on dude. Its is clear that you're much more experienced at sticking useless uneducated comments.




Incorrect again, altcoins will be the same % difference in proposition to the % you present. You should really try these methods before you talk like its gospel  Grin


Made a screen shot specifically for the "gifted" people like yourself

https://snag.gy/YEFrSe.jpg

So Mr, if you just made 6% profit, would it be profitable to spend another 0.2% trade fee and another 0.0005 to withdraw the coin. hope you know how to add Smiley




Buy btc on cheap reputable exchange -> sell btc on expensive scammy exchange -> cant withdraw fiat due to scam wallets or insane high fees. And now you suggest buying another crypto on the expensive exchange and transfer it off? You must of fell on your head as a baby  Cheesy  Grin
member
Activity: 420
Merit: 40
Excellent Arbitrage opportunity BCH/USD

Buy on bitstamp (24hr.Vol.2015), sell on livecoin (24hr.Vol.609.9)



member
Activity: 420
Merit: 40
When I was first checking out the exchanges it became clear that Yobit is consistently quite a bit higher with BTC and immediately the thought crossed my mind that there was an opportunity to capitalize on the price spread between the exchanges.  

Then I thought, If I see it as a dumbass noob I'm sure the people that have set up this exchange see it also and have some sort of system to prevent it from happening.  This is where I'm still at on the issue but am going to dig into it more.

The other thing that I agree with on the thread is why would exchange blue be so generous with this information when, as pointed out, by doing so he is essentially shooting himself in the foot as the more people that do it the less opportunity there will undoubtedly be.

It might be a good deal, definitely worth looking into, but the old saying of 'if it sounds too good to be true it probably is' comes to mind.


My job is to deliver the info, your job is to figure out how to use it. Plain and simple.
brand new
Activity: 0
Merit: 0
GREAT ARBITRAGE OPPORTUNITY BETWEEN DASH/USD

buy on kraken (24hr volume 776.3) sell on sell on yobit (24hr.Vol.22780)


https://s3.eu-west-2.amazonaws.com/exchange.blue/dash_usd.gif

FAIL, only withdraw to scam wallets or >9% fees with hidden costs.

https://i.imgur.com/aQKRN7o.jpg

Stop trying to scam novice traders.


Why are you so close minded? First of all the disclosure in big black letters clearly states: "While arbitrage may present a lucrative window of opportunity to generate passive income, it is very important to understand the potential market risks and the speculative nature of the business. The transaction fees may vary from one exchange to another, therefore it is important to familiarize yourself with this subject prior to making any trades."

Secondly, there is no need to withdraw fiat. USD could be easily converted to another altcoin and moved to another exchange for withdrawal. If it was that easy and straight forward to execute, a retard would it. As I had mentioned over and over, I'm not encouraging anyone to do anything, my goal is to deliver information in user readable format.

If you feel incapable or unwilling to invest your quality time into something that has a potential to increase your capital, move on dude. Its is clear that you're much more experienced at sticking useless uneducated comments.




Incorrect again, altcoins will be the same % difference in proposition to the % you present. You should really try these methods before you talk like its gospel  Grin
member
Activity: 420
Merit: 40
GREAT ARBITRAGE OPPORTUNITY BETWEEN DASH/USD

buy on kraken (24hr volume 776.3) sell on sell on yobit (24hr.Vol.22780)




FAIL, only withdraw to scam wallets or >9% fees with hidden costs.



Stop trying to scam novice traders.


Why are you so close minded? First of all the disclosure in big black letters clearly states: "While arbitrage may present a lucrative window of opportunity to generate passive income, it is very important to understand the potential market risks and the speculative nature of the business. The transaction fees may vary from one exchange to another, therefore it is important to familiarize yourself with this subject prior to making any trades."

Secondly, there is no need to withdraw fiat. USD could be easily converted to another altcoin and moved to another exchange for withdrawal. If it was that easy and straight forward to execute, a retard would it. As I had mentioned over and over, I'm not encouraging anyone to do anything, my goal is to deliver information in user readable format.

If you feel incapable or unwilling to invest your quality time into something that has a potential to increase your capital, move on dude. Its is clear that you're much more experienced at sticking useless uneducated comments.




Incorrect again, altcoins will be the same % difference in proposition to the % you present. You should really try these methods before you talk like its gospel  Grin


Made a screen shot specifically for the "gifted" people like yourself

https://snag.gy/YEFrSe.jpg

So Mr, if you just made 6% profit, would it be profitable to spend another 0.2% trade fee and another 0.0005 to withdraw the coin. hope you know how to add Smiley




Buy btc on cheap reputable exchange -> sell btc on expensive scammy exchange -> cant withdraw fiat due to scam wallets or insane high fees. And now you suggest buying another crypto on the expensive exchange and transfer it off? You must of fell on your head as a baby  Cheesy  Grin

I don't know if english is your primary, but its pretty clear that you either having trouble comprehending information outside of comics or you were just born a bit different...no, not stupid  Smiley

jr. member
Activity: 96
Merit: 3
 When I was first checking out the exchanges it became clear that Yobit is consistently quite a bit higher with BTC and immediately the thought crossed my mind that there was an opportunity to capitalize on the price spread between the exchanges.  

Then I thought, If I see it as a dumbass noob I'm sure the people that have set up this exchange see it also and have some sort of system to prevent it from happening.  This is where I'm still at on the issue but am going to dig into it more.

The other thing that I agree with on the thread is why would exchange blue be so generous with this information when, as pointed out, by doing so he is essentially shooting himself in the foot as the more people that do it the less opportunity there will undoubtedly be.

It might be a good deal, definitely worth looking into, but the old saying of 'if it sounds too good to be true it probably is' comes to mind.
brand new
Activity: 0
Merit: 0
GREAT ARBITRAGE OPPORTUNITY BETWEEN DASH/USD

buy on kraken (24hr volume 776.3) sell on sell on yobit (24hr.Vol.22780)


https://s3.eu-west-2.amazonaws.com/exchange.blue/dash_usd.gif

FAIL, only withdraw to scam wallets or >9% fees with hidden costs.

https://i.imgur.com/aQKRN7o.jpg

Stop trying to scam novice traders.
member
Activity: 420
Merit: 40
GREAT ARBITRAGE OPPORTUNITY BETWEEN DASH/USD

buy on kraken (24hr volume 776.3) sell on sell on yobit (24hr.Vol.22780)




FAIL, only withdraw to scam wallets or >9% fees with hidden costs.



Stop trying to scam novice traders.


Why are you so close minded? First of all the disclosure in big black letters clearly states: "While arbitrage may present a lucrative window of opportunity to generate passive income, it is very important to understand the potential market risks and the speculative nature of the business. The transaction fees may vary from one exchange to another, therefore it is important to familiarize yourself with this subject prior to making any trades."

Secondly, there is no need to withdraw fiat. USD could be easily converted to another altcoin and moved to another exchange for withdrawal. If it was that easy and straight forward to execute, a retard would it. As I had mentioned over and over, I'm not encouraging anyone to do anything, my goal is to deliver information in user readable format.

If you feel incapable or unwilling to invest your quality time into something that has a potential to increase your capital, move on dude. Its is clear that you're much more experienced at sticking useless uneducated comments.




Incorrect again, altcoins will be the same % difference in proposition to the % you present. You should really try these methods before you talk like its gospel  Grin


Made a screen shot specifically for the "gifted" people like yourself

https://snag.gy/YEFrSe.jpg

So Mr, if you just made 6% profit, would it be profitable to spend another 0.2% trade fee and another 0.0005 to withdraw the coin. hope you know how to add Smiley


member
Activity: 420
Merit: 40
GREAT ARBITRAGE OPPORTUNITY BETWEEN DASH/USD

buy on kraken (24hr volume 776.3) sell on sell on yobit (24hr.Vol.22780)




FAIL, only withdraw to scam wallets or >9% fees with hidden costs.



Stop trying to scam novice traders.


Why are you so close minded? First of all the disclosure in big black letters clearly states: "While arbitrage may present a lucrative window of opportunity to generate passive income, it is very important to understand the potential market risks and the speculative nature of the business. The transaction fees may vary from one exchange to another, therefore it is important to familiarize yourself with this subject prior to making any trades."

Secondly, there is no need to withdraw fiat. USD could be easily converted to another altcoin and moved to another exchange for withdrawal. If it was that easy and straight forward to execute, a retard would it. As I had mentioned over and over, I'm not encouraging anyone to do anything, my goal is to deliver information in user readable format.

If you feel incapable or unwilling to invest your quality time into something that has a potential to increase your capital, move on dude. Its is clear that you're much more experienced at sticking useless uneducated comments.


member
Activity: 420
Merit: 40
GREAT ARBITRAGE OPPORTUNITY BETWEEN DASH/USD

buy on kraken (24hr volume 776.3) sell on sell on yobit (24hr.Vol.22780)


member
Activity: 420
Merit: 40



You've been obviously misinformed, or just being  completely ignorant.  

How are any of my posts misleading? Do you have any solid foundation for your argument? Who said that you had to withdraw with cex.io? Secondly, cex.io does allow withdrawal!

https://snag.gy/uBJfg3.jpg


Quote
So to summarise.
- Most sites listed on his site are scammy and don't allow fiat withdrawals (cex.io)
- Most sites charge up to 5% withdrawal fees to get fiat out.
- OP is most probably promoting the scammy exchanges, do not fall for this.



LOL, withdraw $1k a day limit by card with 3% fee. Good job making $5 a day with the arb (probably good for you). Also most exchanges listed have such low volume the arb is non existent . You obviously have not even tried the method yourself, you too poor to try it in large volume so you try trick others into doing it until their money is stuck on the exchange.


Where do you see 1k withdraw limit by card?

https://snag.gy/r43H6k.jpg   If you consider gdax and bitfinex a low volume exchanges, you must be a fucking moron Smiley

Why would I want to trick anyone into anything, what do I get out of it?  -- Go flip those burgers, dude )
member
Activity: 420
Merit: 40
I saw many arbitrage services and apps but this one is for me the most handy to get a quick overview on cryptocurrency prices. Fees and conditions can be researched and needn't be provided in your app in my opinion. Thank you very much for your nice arbitrage tool.
I bookedmarked your site and it will hopefully be continued a while.


Thanks, I'm only getting started.

PS...feel free to comment your thoughts on any extra features that can make your arbitrage experience more productive.
sr. member
Activity: 462
Merit: 254
 I saw many arbitrage services and apps but this one is for me the most handy to get a quick overview on cryptocurrency prices. Fees and conditions can be researched and needn't be provided in your app in my opinion. Thank you very much for your nice arbitrage tool.
I bookedmarked your site and it will hopefully be continued a while.
hero member
Activity: 840
Merit: 522
Arbitrage is pretty much risky for beginners.
But it is a great way to earn some quick bucks.
So i think experience trader should take these risk.
member
Activity: 420
Merit: 40
Completely rubbish and misleading posts by you. For all the novice traders out there licking their lips, dont fall for this nonsense.  First off the sites you show in your example like CEX.IO don't allow fiat withdraws. Secondly and its a big one, the others charge 5% withdrawal fees to services like perfect money.

FLAWED and rubbish, you obviously are just looking for attention. If the method truly worked then you would be a complete retard for openly making it easier for people to notice the arbs. 

So to summarise.
- Most sites listed on his site are scammy and don't allow fiat withdrawals (cex.io)
- Most sites charge up to 5% withdrawal fees to get fiat out.
- OP is most probably promoting the scammy exchanges, do not fall for this.



To be fair, I don't think OP ever claimed that all exchanges allowed fiat transfers, or didn't charge fees.

There are no referral links, and no shilling that I can see. It's simply a tool, and up to you to figure out how to use (hence my questions earlier in the thread).

Yours appears to be the shitpost here, not his. You might want to pull that gearstick back a notch, amigo.


CHEERS Wink Cool Cheesy
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