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Topic: Arbitrage Possible with bitcoins? (Read 1813 times)

sr. member
Activity: 410
Merit: 257
September 30, 2015, 12:17:22 PM
#23
Are you interested in such bots? I'm working on such stuff and look for collabs.
full member
Activity: 196
Merit: 100
September 30, 2015, 05:57:59 AM
#22
Thanks! I have researched a bit since I posted the question, and found that it is really simple... Just profitting from the difference in price among different exchanges.

As you said, common sense.

Have you found any arbitrage opportunities yet? i am having a hard time testing arbitrage in real..I think there should exist some kind of bot that automatically finds arbitrage where ever possible and do the trade accordingly
hero member
Activity: 770
Merit: 500
✪ NEXCHANGE | BTC, LTC, ETH & DOGE ✪
September 29, 2015, 02:48:55 PM
#21
I used to Arbitrage extremely well selling to CampBX, there was literally $40/BTC discrepancies between them and other exchanges. Plus I had an investor from India who trusted me, which was a blessing.

That's great to hear then!

At topic: Yes arbitrage is possible.. There are trading platforms that offers free arbitrage program like the one I'm using right now. You can check out their arbitrage program here: http://www.ecoin.eu/en/arbitrage/index

Can you expand a bit on that, how does that arbitrage program work? Do you need knowledge to benefit from it?

You actually just need some common sense (no pun intended) to know how arbitrage works. Yet, there are several types of arbitrage that goes with the market. It's just like bidding. The highest one wins. Hope you get my point.

Thanks! I have researched a bit since I posted the question, and found that it is really simple... Just profitting from the difference in price among different exchanges.

As you said, common sense.
hero member
Activity: 658
Merit: 500
Buy and sell bitcoins,
September 27, 2015, 06:50:41 AM
#20
I used to Arbitrage extremely well selling to CampBX, there was literally $40/BTC discrepancies between them and other exchanges. Plus I had an investor from India who trusted me, which was a blessing.

That's great to hear then!

At topic: Yes arbitrage is possible.. There are trading platforms that offers free arbitrage program like the one I'm using right now. You can check out their arbitrage program here: http://www.ecoin.eu/en/arbitrage/index

Can you expand a bit on that, how does that arbitrage program work? Do you need knowledge to benefit from it?

You actually just need some common sense (no pun intended) to know how arbitrage works. Yet, there are several types of arbitrage that goes with the market. It's just like bidding. The highest one wins. Hope you get my point.
hero member
Activity: 546
Merit: 501
September 27, 2015, 06:41:45 AM
#19
Hey guys i want to know if anyone ever done arbitrage with bitcoins and is it possible now?
Arbitrage opportunity are very hard to find but it's always better then simple trading so please give me some tips how can i look for arbitrage sites and opportunities?  Smiley


Yes, there are many forms of arbitrage with bitcoins.  One way is to keep charts open on multiple exchanges, and currency pairs.  Try to identify which exchanges are the "leading indicators."  You will find that some exchanges will make big moves and the others will follow.  The Chinese trade more bitcoins than any other country.  US is second.  Keep that in mind as well.  Also, some exchanges offer no fees on limit orders, so you can watch the buy and sell walls and just play the spread.  However, this is a dangerous strategy because if the market moves fast, you can lose a lot. 
sr. member
Activity: 686
Merit: 250
September 26, 2015, 06:47:57 PM
#18
arbtirage is possible, but the benefits only a few. you have to have a lot of capital to do this. little capital just wasting your time with meager earnings.
hero member
Activity: 770
Merit: 500
✪ NEXCHANGE | BTC, LTC, ETH & DOGE ✪
September 26, 2015, 11:28:41 AM
#17
I used to Arbitrage extremely well selling to CampBX, there was literally $40/BTC discrepancies between them and other exchanges. Plus I had an investor from India who trusted me, which was a blessing.

That's great to hear then!

At topic: Yes arbitrage is possible.. There are trading platforms that offers free arbitrage program like the one I'm using right now. You can check out their arbitrage program here: http://www.ecoin.eu/en/arbitrage/index

Can you expand a bit on that, how does that arbitrage program work? Do you need knowledge to benefit from it?
full member
Activity: 196
Merit: 100
September 26, 2015, 09:31:35 AM
#16
I used to Arbitrage extremely well selling to CampBX, there was literally $40/BTC discrepancies between them and other exchanges. Plus I had an investor from India who trusted me, which was a blessing.

That's great to hear then!

At topic: Yes arbitrage is possible.. There are trading platforms that offers free arbitrage program like the one I'm using right now. You can check out their arbitrage program here: http://www.ecoin.eu/en/arbitrage/index

Thanks for the link...I will check this site out but my point is how to improve our skills to detect arbitrage opportunities?
hero member
Activity: 658
Merit: 500
Buy and sell bitcoins,
September 20, 2015, 04:35:12 AM
#15
I used to Arbitrage extremely well selling to CampBX, there was literally $40/BTC discrepancies between them and other exchanges. Plus I had an investor from India who trusted me, which was a blessing.

That's great to hear then!

At topic: Yes arbitrage is possible.. There are trading platforms that offers free arbitrage program like the one I'm using right now. You can check out their arbitrage program here: http://www.ecoin.eu/en/arbitrage/index
sr. member
Activity: 462
Merit: 336
September 20, 2015, 03:59:39 AM
#14
I used to Arbitrage extremely well selling to CampBX, there was literally $40/BTC discrepancies between them and other exchanges. Plus I had an investor from India who trusted me, which was a blessing.
newbie
Activity: 8
Merit: 0
September 16, 2015, 11:24:39 AM
#13
I think yes you can do arbitrage with bitcoins.
But it doesn't worth it, you have to open accounts on many exchanges and have both bitcoins and cash in them, so I think you need some good amount of money initially to be profitable in it.
legendary
Activity: 1596
Merit: 1027
September 16, 2015, 11:07:38 AM
#12
Hey guys i want to know if anyone ever done arbitrage with bitcoins and is it possible now?
Arbitrage opportunity are very hard to find but it's always better then simple trading so please give me some tips how can i look for arbitrage sites and opportunities?  Smiley

Arbitrage trading with BTC is very profitable if you can execute trades very fast. to positively execute arbitrage trading with BTC you will need to stay on the price in different exchanges. here you have a tool that can help you a lot:

http://bitcoin-analytics.com/
sr. member
Activity: 1097
Merit: 310
Seabet.io | Crypto-Casino
September 16, 2015, 08:33:12 AM
#11

Well, not appropriate example to use a so much risky exchange.... Embarrassed

https://bitcointalksearch.org/topic/be-aware-of-cryptsy-scam-1090193

Let's pick BTC/EUR which has huge spreads between exchanges:

Cryptsy   261
   Buy offer 3.5 BTC
BTC-e    198.18
   Sell offer 4.25 BTC

Does anyone still use Cryptsy?
full member
Activity: 196
Merit: 100
September 16, 2015, 05:33:51 AM
#10
check this https://www.youtube.com/watch?v=-aNBGt0dNRg

you can contact him at that mail he provided for me, when i contacted him as well


Is it a geniune script? and what were your experience when you contacted him?

i didn't because i wan't sure about this guy it look kind shady, but you can try to run the software in a isolated environment

Thanks but i don't trust him either...I don't know if it will really work or just took my bitcoins and send it to some unknown address...lol Tongue
legendary
Activity: 3206
Merit: 1069
September 16, 2015, 05:25:09 AM
#9
check this https://www.youtube.com/watch?v=-aNBGt0dNRg

you can contact him at that mail he provided for me, when i contacted him as well


Is it a geniune script? and what were your experience when you contacted him?

i didn't because i wan't sure about this guy it look kind shady, but you can try to run the software in a isolated environment
full member
Activity: 196
Merit: 100
September 16, 2015, 12:04:21 AM
#8
check this https://www.youtube.com/watch?v=-aNBGt0dNRg

you can contact him at that mail he provided for me, when i contacted him as well


Is it a geniune script? and what were your experience when you contacted him?
sr. member
Activity: 484
Merit: 250
HubrisOne
September 15, 2015, 10:45:44 PM
#7
of course, it can be.

about arb, it was disscussed here many times if you just seached.
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
September 15, 2015, 10:09:45 AM
#6
I used to be able to profit from arbitrage, but it has gotten harder and harder.   Undecided
Q7
sr. member
Activity: 448
Merit: 250
September 15, 2015, 10:08:35 AM
#5
I remember having seen before a thread about arbitraging using custom made scripts and it involves holding different altcoins in several exchangers. Basically the bot will perform tx on your behalf but it also means holdjng sizable amount of funds to even generate a decent return.
hero member
Activity: 798
Merit: 1000
Move On !!!!!!
September 15, 2015, 06:50:57 AM
#4
Theoretically it's possible but it's not easy. You have to have open accounts on all major exchanges and have verifications done as well. Then you have to take a risk by holding funds on these exchanges. At the end you have to be at the right place at the right time.

And if you have done all of the above, you will probably get beat to the arbitrage opportunities by many bots that are currently operating on many exchanges. So as you can see, there are opportunities but you won't get rich by doing it.
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