Bitcoin Arbitrage - page 2. | Bitcointalksearch.org

ColumbiaBasinMining

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Activity: 62

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A Bitcoin Mining Company

Quote from: crazyivan on January 18, 2017, 03:33:53 AM

I guess the appropriate title should've been Bitcoin project crowdfunding. Cause there s nothing here related to arbitrage which does not work anyhow.

Arbitrage is the purchase and sale of an asset to profit from a difference in the price. It is a trade that profits by exploiting the price differences of identical or similar financial instruments on different markets or in different forms. In this case, you are pre-paying for Bitcoin at a price that is below the average marked price for Bitcoin and you can sell the Bitcoin at the much higher current exchange rate. Arbitrage is a technique used by millions of day traders every day. In day trading, this is normally done simultaneously; however, if the market price is on an upward trend, then you may choose to hold it for bigger profits.

ColumbiaBasinMining

member

Activity: 62

Merit: 10

A Bitcoin Mining Company

Quote from: morantis on January 18, 2017, 02:28:55 AM

what does this have to do with arbitration?

It is not arbitration, it is arbitrage. Arbitrage is the purchase and sale of an asset to profit from a difference in the price. It is a trade that profits by exploiting the price differences of identical or similar financial instruments on different markets or in different forms. In this case, you are pre-paying for Bitcoin at a price that is below the average marked price for Bitcoin and you can sell the Bitcoin at the much higher current exchange rate.

ColumbiaBasinMining

member

Activity: 62

Merit: 10

A Bitcoin Mining Company

Quote from: pinkflower on January 18, 2017, 02:21:58 AM

May I ask if your operation is profitable for your customers? I personally have seen a lot of comments here that says cloudmining operations are not profitable and most of them have become ponzi scams even if it is not the intent by the people who own them. In order to protect myself, and I encourage that others to too, please show us how profitable you really are backed by hard facts and numbers.

Columbia Basin Mining is not a cloud mining operation. In a cloud mining operation, you purchase hashing power and pay the expenses of the operator, which is why the one purchasing hashing power may have a hard time making a profit. Also with cloud mining, your profitability decreases as the difficulties increase. In our crowdfunding campaign, you are pre-paying for a set amount of Bitcoin and so you know exactly what you are getting for the price, there are no expenses or difficulties to worry about.

nelson4lov

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Top Crypto Casino

Quote from: tmfp on January 18, 2017, 03:53:49 AM

Ah, you're back.

Quote from: website

CBM decided that it would be in its best interest to design and develop its own leading-edge mining equipment with more efficient cooling and put that together with access to low-cost, economical electricity.

A little detail about this wouldn't go amiss.
Credibility and all that, y'know..

What does your attempt at crowd funding have to do with "Bitcoin Arbitrage"? That's a bit of a toxic subject round here atm.

It's very suspicious. Bitcoin Arbitrage, Cloud Mining, and Crowdfunding are all different terms and they're not connected in any way. I wonder what OP really meant. Doesn't make sense to me

Slow death

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Leading Crypto Sports Betting & Casino Platform

Quote from: ColumbiaBasinMining on January 17, 2017, 10:22:03 PM

Columbia Basin Mining, LLC (CBM) is expanding its Bitcoin mining operation by 10MW. Our plan is to launch a crowdfunding campaign to provide capital for the expansion.

The crowdfunding campaign will feature some exciting perks which will allow backers to obtain Bitcoin at $600 or less. To gauge interest in this campaign, we have launched our CBM website www.columbiabasinmining.com.

Please visit our website, where you can find more detailed information and sign-up to receive updates related to the campaign.

You had a discussion on this topic

https://bitcointalk.org/index.php?topic=1344469.40

from what I read it did not have a good ending. Did you get what you wanted?

Has that other topic.

https://bitcointalksearch.org/topic/m.14468525

tmfp

legendary

Activity: 1932

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"Common rogue from Russia with a bare ass."

Ah, you're back.

Quote from: website

CBM decided that it would be in its best interest to design and develop its own leading-edge mining equipment with more efficient cooling and put that together with access to low-cost, economical electricity.

A little detail about this wouldn't go amiss.
Credibility and all that, y'know..

What does your attempt at crowd funding have to do with "Bitcoin Arbitrage"? That's a bit of a toxic subject round here atm.

crazyivan

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Activity: 1652

Merit: 1007

DMD Diamond Making Money 4+ years! Join us!

I guess the appropriate title should ve been Bitcoin project crowdfunding. Cause there s nothing here related to arbitrage which does not work anyhow.

morantis

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Activity: 868

Merit: 503

Quote from: ColumbiaBasinMining on January 17, 2017, 10:22:03 PM

Columbia Basin Mining, LLC (CBM) is expanding its Bitcoin mining operation by 10MW. Our plan is to launch a crowdfunding campaign to provide capital for the expansion.

The crowdfunding campaign will feature some exciting perks which will allow backers to obtain Bitcoin at $600 or less. To gauge interest in this campaign, we have launched our CBM website www.columbiabasinmining.com.

Please visit our website, where you can find more detailed information and sign-up to receive updates related to the campaign.

what does this have to do with arbitration?

pinkflower

sr. member

Activity: 868

Merit: 259

May I ask if your operation is profitable for your customers? I personally have seen a lot of comments here that says cloudmining operations are not profitable and most of them have become ponzi scams even if it is not the intent by the people who own them. In order to protect myself, and I encourage that others to too, please show us how profitable you really are backed by hard facts and numbers.

ColumbiaBasinMining

member

Activity: 62

Merit: 10

A Bitcoin Mining Company

Columbia Basin Mining, LLC (CBM) is expanding its Bitcoin mining operation by 10MW. Our plan is to launch a crowdfunding campaign to provide capital for the expansion.

The crowdfunding campaign will feature some exciting perks which will allow backers to obtain Bitcoin at $600 or less. To gauge interest in this campaign, we have launched our CBM website www.columbiabasinmining.com.

Please visit our website, where you can find more detailed information and sign-up to receive updates related to the campaign.

Topic: Bitcoin Arbitrage - page 2. (Read 1115 times)