bitstamp arbitrages - page 2. | Bitcointalksearch.org

im3w1l

sr. member

Activity: 280

Merit: 250

Quote from: damnek on April 09, 2013, 01:47:23 PM

I also noticed this. Another bearish sign: the traders at bitstamp are not buying this rally anymore.

My interpretation is rather: Things are changing so fast that it is hard for everyone to keep up with the price movements on every exchange. That people don't mind paying a 10% premium or w/e, indicates an extremely irrational market. Mid term bearish but not bearish for as short term as "the traders at bitstamp are not buying this rally anymore." would indicate.

genuise

sr. member

Activity: 379

Merit: 250

Ah you are asking about ways to transfer USD.

But I was thinking that here probably no actual arbitrage opportunity displayed on bitcoin-analytics.com/#arbitrage.

hubbabubbabaker

member

Activity: 98

Merit: 10

Sometimes - history needs a push.

Quote from: genuise on April 09, 2013, 04:45:57 PM

Sorry, who exactly are you asking?

Whoever has the answer.

genuise

sr. member

Activity: 379

Merit: 250

Sorry, who exactly are you asking?

hubbabubbabaker

member

Activity: 98

Merit: 10

Sometimes - history needs a push.

How would you do this for BTC-E? I see no option.

genuise

sr. member

Activity: 379

Merit: 250

Quote from: lucif on April 09, 2013, 01:31:09 PM

Quote from: zarl on April 09, 2013, 01:27:29 PM

Quote from: lucif on April 09, 2013, 01:17:51 PM

Are you sleeping?

Asks on 227. mtgox coupon -> [aurumxchange/bitinstant] -> bitstamp -> buy 227 -> send coins to mtgox -> sell 240

Even btce is on 230. Bitstamp 227 :facepalm:

how to do that ?

1. Go here or here https://www.bitinstant.com/ https://www.aurumxchange.com/
2. Choose Mtgox -> Bitstamp
3. Enter usd amount
4. Enter destination account
5. Proceed, make needed mtgox code
6. Enter it to bitinstant/auruxchange
7. Get your USD into bitstamp
8. Buy cheap coins
6. Send them directly to your mtgox deposit address
10. Sell at gox

This process called arbitrage. Oftenly processed by bots.

But before goin all in you can just check whether there is enough volume to close your potential arbitrage direction in real time and compare the dynamics of it for the last 24 hours on bitcoin-analytics.com/#arbitrage just for a fraction of your potential profit or prevented losses.

lucif

sr. member

Activity: 462

Merit: 250

Clown prophet

Looks like ok now with liquidity at bitstamp

essem

newbie

Activity: 42

Merit: 0

Quote from: lucif on April 09, 2013, 01:17:51 PM

Are you sleeping?

Asks on 227. mtgox coupon -> [aurumxchange/bitinstant] -> bitstamp -> buy 227 -> send coins to mtgox -> sell 240

Even btce is on 230. Bitstamp 227 :facepalm:

fees are too high, 3% aurum charge then bit stamp charge 0.5% and mtgox charge 0.6%

catcow

member

Activity: 68

Merit: 10

bitinstant and aurumxchange are risky. they often do not have enough reserves to cover everybody's transfers and your money is stuck in limbo for days.

bitinstant has had my money from a mtgox to bitstamp transfer for 2.5 days now. guess how much money i would have made if it transferred instantly like its supposed to? a lot.

move_zig

member

Activity: 60

Merit: 10

If you want some more arbitrage, Cavirtex is selling coins for around 288 CAD (283 USD). Mtgox is still around 240 USD.

damnek

hero member

Activity: 614

Merit: 500

I also noticed this. Another bearish sign: the traders at bitstamp are not buying this rally anymore.

lucif

sr. member

Activity: 462

Merit: 250

Clown prophet

Quote from: zarl on April 09, 2013, 01:27:29 PM

Quote from: lucif on April 09, 2013, 01:17:51 PM

Are you sleeping?

Asks on 227. mtgox coupon -> [aurumxchange/bitinstant] -> bitstamp -> buy 227 -> send coins to mtgox -> sell 240

Even btce is on 230. Bitstamp 227 :facepalm:

how to do that ?

1. Go here or here https://www.bitinstant.com/ https://www.aurumxchange.com/
2. Choose Mtgox -> Bitstamp
3. Enter usd amount
4. Enter destination account
5. Proceed, make needed mtgox code
6. Enter it to bitinstant/auruxchange
7. Get your USD into bitstamp
8. Buy cheap coins
6. Send them directly to your mtgox deposit address
10. Sell at gox

This process called arbitrage. Oftenly processed by bots.

warpio

member

Activity: 110

Merit: 10

everyone's too busy gazing at the charts with their mouths wide open

zarl

member

Activity: 70

Merit: 10

Quote from: lucif on April 09, 2013, 01:17:51 PM

Are you sleeping?

Asks on 227. mtgox coupon -> [aurumxchange/bitinstant] -> bitstamp -> buy 227 -> send coins to mtgox -> sell 240

Even btce is on 230. Bitstamp 227 :facepalm:

how to do that ?

lucif

sr. member

Activity: 462

Merit: 250

Clown prophet

Are you sleeping?

Asks on 227. mtgox coupon -> [aurumxchange/bitinstant] -> bitstamp -> buy 227 -> send coins to mtgox -> sell 240

Even btce is on 230. Bitstamp 227 :facepalm:

Topic: bitstamp arbitrages - page 2. (Read 3037 times)