Arbitrage Bots - page 2. | Bitcointalksearch.org

ajareselde

legendary

Activity: 1722

Merit: 1000

Satoshi is rolling in his grave. #bitcoin

Quote from: austriabitcoin on July 23, 2014, 01:18:26 AM

i should have been more specific
im talking about arbitrageing bots for Alt currencies

There are definetly arb bots present, not realy sure whos managing them, since they are so easy to trick into buying/selling.
I arbed alot in jan/feb when spreads were insane, and i remember that exploiting the bots made a huge increase on my profits.
If you are considering using a bot, make sure its properly coded, and not just some 100 line junk code.

BTC-Bank

member

Activity: 126

Merit: 10

There still are great arbitrage opportunities but i dont know about bots and every time i heard it was a bad idea.

austriabitcoin

member

Activity: 79

Merit: 10

i should have been more specific
im talking about arbitrageing bots for Alt currencies

RedhatCAT

full member

Activity: 123

Merit: 100

Quote from: ScreamnShout on July 22, 2014, 03:03:08 PM

Arbitrage is really not possible anymore as the market has become efficient enough so that there are only minor price differences between exchanges.

The trading fees will generally eat up any potential profit that you can make while trying to do an arbitrage as the price differences are generally well under .5 percent

ScreamnShout

full member

Activity: 206

Merit: 100

Arbitrage is really not possible anymore as the market has become efficient enough so that there are only minor price differences between exchanges.

Keyara

full member

Activity: 174

Merit: 100

No longer possible with so much competition.

austriabitcoin

member

Activity: 79

Merit: 10

Does anyone know of good Arbitrage bots??

and is/are sites out there that scan exchanges for arbitrage opportunities

Topic: Arbitrage Bots - page 2. (Read 2339 times)