ARBITRAGE APP - OVER 9000 PAIRS ACROSS 37 MOST POPULAR EXCHANGES - page 11.

exchange.blue

member

Activity: 420

Merit: 40

Quote from: smstobitcoin on January 28, 2018, 03:51:15 PM

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.

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.

Quote

NONE OF THIS IS TRUE. Most exchanges listed in my app are reputable exchanges and allow fiat withdrawal! Just look at each of the exchange daily volume lol.

YOU'RE A PATHETIC FOOL!

smstobitcoin

brand new

Activity: 0

Merit: 0

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.

HodorHodl

member

Activity: 84

Merit: 58

Quote from: smstobitcoin on January 28, 2018, 03:51:15 PM

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.

exchange.blue

member

Activity: 420

Merit: 40

Quote from: HodorHodl on January 28, 2018, 11:05:24 AM

Quote from: exchange.blue on January 28, 2018, 09:52:52 AM

Quote from: HodorHodl on January 27, 2018, 01:22:52 PM

Can you please share a full example, rather than your spot, profit and loss?

Ah, sorry, I should have come back to thread earlier. I also should have rephrased the question, as reading back, I an see I wasn't specific enough

So, I read through this, which gave a nice rundown on arbitrage: https://bitcoin.stackexchange.com/questions/49819/cryptocurrency-arbitrage-what-do-i-need-to-know

I guess my question is if you do this the same way, or you have a different method involving more movement of coins between exchanges?

I'd like to play with arbitrage, but I can't fund 2 exchanges (I am playing with tiny money at the moment), and I am worried that (a) I miss the boat if I transfer, and (b) the fees will eat the profit. This is based on my (oversimplified) idea of buying coins at one, sending to the other, and then selling them higher.

Assuming the above won't work, do you think funding 2-3 exchanges is enough, or should I be looking at 5+?

Thats an excellent step by step arbitrage tutorial. My approach is very similar. Except that I buy at market rate. Step 3: Rebalance Accounts
didn't make much sense. If trading fiat pairs, then moving the fiat back to the exchange a would be quite impossible. You'd have to find another altcoin to buy on exchange B, and use it to transfer the funds back to exchange a. Just make sure the price after fees on exchange a is lower. I'm going to develop a filter designed for displaying an arbitrage opportunity between multiple coins on selected exchanges. That will make things much easier.

Normally, I try to trade non fiat pairs, that allows to move the altcoin back to the first exchange and repeat the process.

Quote

Assuming the above won't work, do you think funding 2-3 exchanges is enough, or should I be looking at 5+?

- Funding a couple of exchange should be enough. the idea is to catch non fiat arbitrage and be able to move altcoin between the exchanges. The filter mentioned above will make things a lot easier.

HodorHodl

member

Activity: 84

Merit: 58

Quote from: exchange.blue on January 28, 2018, 09:52:52 AM

Quote from: HodorHodl on January 27, 2018, 01:22:52 PM

Can you please share a full example, rather than your spot, profit and loss?

Ah, sorry, I should have come back to thread earlier. I also should have rephrased the question, as reading back, I an see I wasn't specific enough

So, I read through this, which gave a nice rundown on arbitrage: https://bitcoin.stackexchange.com/questions/49819/cryptocurrency-arbitrage-what-do-i-need-to-know

I guess my question is if you do this the same way, or you have a different method involving more movement of coins between exchanges?

I'd like to play with arbitrage, but I can't fund 2 exchanges (I am playing with tiny money at the moment), and I am worried that (a) I miss the boat if I transfer, and (b) the fees will eat the profit. This is based on my (oversimplified) idea of buying coins at one, sending to the other, and then selling them higher.

Assuming the above won't work, do you think funding 2-3 exchanges is enough, or should I be looking at 5+?

exchange.blue

member

Activity: 420

Merit: 40

Quote from: HodorHodl on January 27, 2018, 01:22:52 PM

Can you please share a full example, rather than your spot, profit and loss?

exchange.blue

member

Activity: 420

Merit: 40

Quote from: HodorHodl on January 27, 2018, 01:22:52 PM

I'm trying to work this out.

It seems like you need to have reasonably large funds at each exchange.

Also it looks like your trades need to be fairly big in order to eat the transaction fees, if you're moving BTC.

Can you please share a full example, rather than your spot, profit and loss?

what kind of example you looking for?

exchange.blue

member

Activity: 420

Merit: 40

Quote from: HodorHodl on January 27, 2018, 01:22:52 PM

I'm trying to work this out.

It seems like you need to have reasonably large funds at each exchange.

Also it looks like your trades need to be fairly big in order to eat the transaction fees, if you're moving BTC.

Can you please share a full example, rather than your spot, profit and loss?

Well, it depends...1k could appear as significant for some folks, yet for others it may be pocket change. I usually deal move anywhere between 1k-10k USD. BTC fees are much lower now.. anywhere from $5-10 per transaction. Some exchanges like gdax don't charge any fees at all.

The arbitrage on fiat pairs is significantly larger opposed to non fiat pairs, therefore less funds would be be needed.

FYI... guys I'm giving you free info, what you do with it is totally up to you.

HodorHodl

member

Activity: 84

Merit: 58

I'm trying to work this out.

It seems like you need to have reasonably large funds at each exchange.

Also it looks like your trades need to be fairly big in order to eat the transaction fees, if you're moving BTC.

Can you please share a full example, rather than your spot, profit and loss?

exchange.blue

member

Activity: 420

Merit: 40

LTC/USD ARBITRAGE OPPORTUNITY

Buy 10 LTC with USD on gdax for 177 usd (17700USD ), simultaneously sell 10 LTC @ GATECOIN for 190 (1900USD)

exchange.blue

member

Activity: 420

Merit: 40

ETH/BTC ARBITRAGE OPPORTUNITY

Buy 10 ETH with BTC on bleutrade for 0.0933 BTC (0.9BTC ), simultaneously sell 10 ETH @ cex for 0.0949 (0.949BTC)

Transfer btc back to bleutrade, rinse and repeat.

exchange.blue

member

Activity: 420

Merit: 40

Quote

okay, assuming you want to help and assuming you know what you are doing:
Please explain this post.

Why are you writing "between OMG/BTC", then talking about LTC and USD, which lead to a total of 19200ETH ?
Anyway, could be mistyped.
So I guess in fact it is LTC against USD , right? So you bought at bitstamp and sold at yobit.
What does this line mean:
"1200 USD - 0.5 -1 % fees"
Does it mean you made "1200 profit" without fee, and now we have to substract 1,5% fee to have the real profit? 1,5% of 37200USD ? or of what?
[\quote]

Sorry, I've made a typo... "FIXED" - - had another pair in mind while I was typing this up..

Quote

And now the biggest question:
How do you withdraw the USD now from yobit to bitstamp again to repeat?
And seriously, you have that much money/coins at yobit?? insane Cheesy

I still think you are trying to scam people. Because yes, you might be lucky to make money with arbitrage. But there are the fees and all the risks and the problems to withdraw. And you aren't talking about all those problems. If you really would like to help people with arbitrage, you would tell everyone about those risks/problems, but instead you make it look like it is easy and riskless money.

Your accusations carry ZERO weight, nevertheless everyone is entitled to an opinion. I've made a tool that takes publicly available info and compiled it into a nice user friendly interface. It is up to you to try to use your brain before taking any action. If I tell you to jump off empire state, would you jump?

Quote

If you really would like to help people with arbitrage, you would tell everyone about those risks/problems, but instead you make it look like it is easy and riskless money.

Did you even bother reading the disclosure on the website? Its in big bold letters made for ignorant folks like yourself.

FYI - you can call me lucky all day, the fact that you're ignorant and lazy still remains valid

Serpens66

legendary

Activity: 2968

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Quote from: exchange.blue on January 25, 2018, 06:39:02 PM

Another great arbitrage opportunity between OMG/BTC

Buy 100 LTC on bitsamp for 179.3 USD total (17999 USD)

Simultaneously sell 100 LTC on yobit for 192 UAD total (19200ETH)

Net profit: 1200 USD - 0.5 -1 % fees

Total time: 10 minutes

okay, assuming you want to help and assuming you know what you are doing:
Please explain this post.

Why are you writing "between OMG/BTC", then talking about LTC and USD, which lead to a total of 19200ETH ?
Anyway, could be mistyped.
So I guess in fact it is LTC against USD , right? So you bought at bitstamp and sold at yobit.
What does this line mean:
"1200 USD - 0.5 -1 % fees"
Does it mean you made "1200 profit" without fee, and now we have to substract 1,5% fee to have the real profit? 1,5% of 37200USD ? or of what?

And now the biggest question:
How do you withdraw the USD now from yobit to bitstamp again to repeat?
And seriously, you have that much money/coins at yobit?? insane Cheesy

I still think you are trying to scam people. Because yes, you might be lucky to make money with arbitrage. But there are the fees and all the risks and the problems to withdraw. And you aren't talking about all those problems. If you really would like to help people with arbitrage, you would tell everyone about those risks/problems, but instead you make it look like it is easy and riskless money.

Xenomole

jr. member

Activity: 90

Merit: 2

for anyone interested, there are similar apps for Android on Google Play, called Bitcoin Delta, Ethereum Delta, and Litecoin Delta. They only make them for those three cryptos at this time.

exchange.blue

member

Activity: 420

Merit: 40

Another great arbitrage opportunity between LCT/USD

Buy 100 LTC on bitsamp for 175 USD total (17500 USD)

Simultaneously sell 100 LTC on yobit for 193 USD total (19300USD)

Net profit: 1800 USD - 0.5 -1 % fees

Total time: 10 minutes

exchange.blue

member

Activity: 420

Merit: 40

Quote from: hodlsquat on January 25, 2018, 03:19:53 AM

Site seems legit.

https://www.screencast.com/t/aBq347huV
https://www.screencast.com/t/RMaRQxojyHdb

But with all honesty Sir, what is your motivation in doing this if you`re not intrested in donations?
Let me be clear I`m not doubting you but could you please elaborate on your reasons
in sharing this information with us. Especially like above stated when you arbitrage yourself?
And why do you post the link in every forum containing the word arbitrage?
You could make good money of this tool but instead you decide to kill your own edge.
Again I`m not criticizing but when a behaviour is so out of ordinary it raises questions.

Listen... making money and having lots of it is fairly important in my book. But, I also believe in karma and the importance of feeling good from the actions i take. Everything has a beginning and an end. This arbitrage model without a doubt will too eventually come to an end. I do make arbitrage when i have time (this is not my primary source of income). I'd rather share the app and make new friends, rather then keep it all to myself, nevertheless If i pass tomorrow, I won't be able to take any of it with me

As I had mentioned before, I was shocked by the amount of useless data that is being given by the fellow members . What is the point of having half of these threads here, if none is willing to share a working model.

hodlsquat

newbie

Activity: 26

Merit: 0

Site seems legit.

https://www.screencast.com/t/aBq347huV
https://www.screencast.com/t/RMaRQxojyHdb

But with all honesty Sir, what is your motivation in doing this if you`re not intrested in donations?
Let me be clear I`m not doubting you but could you please elaborate on your reasons
in sharing this information with us. Especially like above stated when you arbitrage yourself?
And why do you post the link in every forum containing the word arbitrage?
You could make good money of this tool but instead you decide to kill your own edge.
Again I`m not criticizing but when a behaviour is so out of ordinary it raises questions.

exchange.blue

member

Activity: 420

Merit: 40

Quote

Didn't get ur point can u be a bit more explicit SK o can grasp Ur point here

Please elaborate....

Kingxy

member

Activity: 160

Merit: 10

Quote from: exchange.blue on January 24, 2018, 04:52:35 PM

Quote from: Serpens66 on January 24, 2018, 04:20:23 PM

someone should check the website for any malicious content.
Why should someone share such work if it is profitable? The more people arbitrage do, the less profit.
So spreading the website will only result in no profit anymore.
So there must be another reason to spread the website, which could be spreading malicious java scripts or whatever (I don't have the knowledge to check, it just looks suspicious)

In case it is legit:
You should check if markets and withdrawals are enabled. A profit-chance is worthless or even dangerous if you can not trade/withdraw the coins.
Also you need to include all fees, like trading fee and withdrawal fee (you can make it optioinal if with or without fee)

edit:
And you could add addtional information if you find out about it. Most big arbitrage opportunities, especially with fiat involved, only exist, because it is not easy or even not possible to withdraw fiat (eg. in case of cex.io it takes ages if even possible)

Oh, its legit

https://www.virustotal.com/#/url/43b196fb2558c4b3a3000132a17d8c36960f2c8139734970b136a5274bd52c87/detection

Quote

Why should someone share such work if it is profitable? The more people arbitrage do, the less profit.

-There is enough profit to go around for everyone! Besides, most people won't even bother giving it a go.

- Last time i checked it wasn't against the law to do something decent for the community. By being a member here for only a few short months, I was astonished by the amount of useless advise is being given by the members of this forum. People open threads to seek advise on increasing crypto portfolio, but instead they get misguided by .... with single purpose to promote the signature links.

Quote

And you could add addtional information if you find out about it. Most big arbitrage opportunities, especially with fiat involved, only exist, because it is not easy or even not possible to withdraw fiat (eg. in case of cex.io it takes ages if even possible)

- You don't need to trade fiat pairs, there is plenty of room to make $$ on altcoin pairs. See my examples above.

FYI... don't be so untrusting, they're not going to get ya

Didn't get ur point can u be a bit more explicit SK o can grasp Ur point here

exchange.blue

member

Activity: 420

Merit: 40

Quote from: Serpens66 on January 24, 2018, 04:20:23 PM

someone should check the website for any malicious content.
Why should someone share such work if it is profitable? The more people arbitrage do, the less profit.
So spreading the website will only result in no profit anymore.
So there must be another reason to spread the website, which could be spreading malicious java scripts or whatever (I don't have the knowledge to check, it just looks suspicious)

In case it is legit:
You should check if markets and withdrawals are enabled. A profit-chance is worthless or even dangerous if you can not trade/withdraw the coins.
Also you need to include all fees, like trading fee and withdrawal fee (you can make it optioinal if with or without fee)

edit:
And you could add addtional information if you find out about it. Most big arbitrage opportunities, especially with fiat involved, only exist, because it is not easy or even not possible to withdraw fiat (eg. in case of cex.io it takes ages if even possible)

Oh, its legit

https://www.virustotal.com/#/url/43b196fb2558c4b3a3000132a17d8c36960f2c8139734970b136a5274bd52c87/detection

Quote

Why should someone share such work if it is profitable? The more people arbitrage do, the less profit.

-There is enough profit to go around for everyone! Besides, most people won't even bother giving it a go.

- Last time i checked it wasn't against the law to do something decent for the community. By being a member here for only a few short months, I was astonished by the amount of useless advise is being given by the members of this forum. People open threads to seek advise on increasing crypto portfolio, but instead they get misguided by .... with single purpose to promote the signature links.

Quote

And you could add addtional information if you find out about it. Most big arbitrage opportunities, especially with fiat involved, only exist, because it is not easy or even not possible to withdraw fiat (eg. in case of cex.io it takes ages if even possible)

- You don't need to trade fiat pairs, there is plenty of room to make $$ on altcoin pairs. See my examples above.

FYI... don't be so untrusting, they're not going to get ya

Topic: ARBITRAGE APP - OVER 9000 PAIRS ACROSS 37 MOST POPULAR EXCHANGES - page 11. (Read 2082 times)