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Topic: Does anyone knows Bitcoin Arbitrage? (Read 4761 times)

sr. member
Activity: 410
Merit: 257
July 03, 2015, 08:38:45 AM
#67
A bit... Smiley

They still list MtGox and Tradehill... ^^
legendary
Activity: 3248
Merit: 1070
sr. member
Activity: 280
Merit: 250
July 02, 2015, 07:31:03 PM
#65
Arbing between the exchanges is not worth it....the fees will wipe out whatever profit you make, unless off course you use a large capital. But good luck finding trades for big amounts.
It can work if you fast reflexes and a high enough margin.

One of the most common sort of arbitrage situations is most of the sellers on localbitcoin are just buying from exchanges, getting paid with a high markup, and buying more from the exchanges while pocketing the difference.
sr. member
Activity: 410
Merit: 257
July 02, 2015, 06:27:03 PM
#64
Is there a complete list of exchanges with an API somewhere?
member
Activity: 62
Merit: 10
July 02, 2015, 01:52:24 PM
#63
Does anyone knows Bitcoin Arbitrage?

How does it works?

Please explain

man, the MtGox days were beautiful for arbitrage  Cool
sr. member
Activity: 410
Merit: 257
July 02, 2015, 11:08:54 AM
#62
Arbing between the exchanges is not worth it....the fees will wipe out whatever profit you make, unless off course you use a large capital. But good luck finding trades for big amounts.

I see some green in my app recently...

hero member
Activity: 994
Merit: 1000
PUGG.io
July 01, 2015, 07:34:48 AM
#61
Arbing between the exchanges is not worth it....the fees will wipe out whatever profit you make, unless off course you use a large capital. But good luck finding trades for big amounts.
i don't think it't of any relevance as the deposit fees is same for both small and large deposits, so the capital is not a factor considered in it, unless you do want to make a living off it.
sr. member
Activity: 322
Merit: 250
July 01, 2015, 04:24:32 AM
#60
Arbing between the exchanges is not worth it....the fees will wipe out whatever profit you make, unless off course you use a large capital. But good luck finding trades for big amounts.
legendary
Activity: 3248
Merit: 1070
July 01, 2015, 02:28:19 AM
#59
Does anyone know where can I find a software to help me with my trading arbitrage?
please leave some suggestions!

i posted it above your post, you need to contact the guy with the youtube video, but be aware of malicious software, run it on VM or something
hero member
Activity: 994
Merit: 1000
PUGG.io
July 01, 2015, 01:35:31 AM
#58
Just a noob's thought and some advice...

Lets say that exchange A has a buy order for 99Euros and exchange B has Sell orders at 101Euros.
If someone buy from A and then makes it to sell at 101 on B, what would be better to do, having earned the 2 dollars profit?

1) Cash out from exchange B?
2) Exchange the fiat total amount for an altcoin and exchange back to btc?
3) Do nothing and wait for prices to drop below than the previous buy and do afull cycle again?
4) Something else?

hey bro theprofit here is 2euros and not 2 dollars.  Cool Grin Cool
sr. member
Activity: 410
Merit: 257
June 30, 2015, 06:35:18 PM
#57
I am writing my own code and I'm still looking for a collab.

There's another bot called SpreadBot 1000, but I've never tested it.
legendary
Activity: 1596
Merit: 1027
June 30, 2015, 03:42:07 PM
#56
Does anyone know where can I find a software to help me with my trading arbitrage?
please leave some suggestions!
legendary
Activity: 3248
Merit: 1070
June 30, 2015, 10:14:27 AM
#55
All been said, is there still any good websites to do the arbitrage, seeing that the difference between all the exchangers at bitcoinwisdom dot com is a dollar or two and that can easily be eaten up by trading fees.
Any idea?

there is a platform for arbitrage that support some exchanges, but you essentially need to find the best exchange in which the price is lower and the best i which highter

i would suggest to do this with altcoin, because they have a less confirmation time

look something like this is pretty good, but it's not complete at all http://bitcoinpricelab.com/
Thank you Amph for the information, this look quite professional having all major altcoin prices compared together on a page. Have you use the information from bitcoinpricelab.com to do any profitable arbitrage?
Please which one and how did you go about it.

i think doing it manually, is not worth it, you need a bot for this, also i don't like exchange that require verification like bitstamp

playing between hitbtc and any other seems very convenient

p.s. i heard that hitbtc is not that safe, that's whyt he price is so high, something fishy there

found this https://www.youtube.com/watch?v=-aNBGt0dNRg, it seems too much of an easy money
sr. member
Activity: 392
Merit: 250
June 30, 2015, 06:55:27 AM
#54
All been said, is there still any good websites to do the arbitrage, seeing that the difference between all the exchangers at bitcoinwisdom dot com is a dollar or two and that can easily be eaten up by trading fees.
Any idea?

there is a platform for arbitrage that support some exchanges, but you essentially need to find the best exchange in which the price is lower and the best i which highter

i would suggest to do this with altcoin, because they have a less confirmation time

look something like this is pretty good, but it's not complete at all http://bitcoinpricelab.com/
Thank you Amph for the information, this look quite professional having all major altcoin prices compared together on a page. Have you use the information from bitcoinpricelab.com to do any profitable arbitrage?
Please which one and how did you go about it.
legendary
Activity: 3248
Merit: 1070
June 30, 2015, 06:23:23 AM
#53
All been said, is there still any good websites to do the arbitrage, seeing that the difference between all the exchangers at bitcoinwisdom dot com is a dollar or two and that can easily be eaten up by trading fees.
Any idea?

there is a platform for arbitrage that support some exchanges, but you essentially need to find the best exchange in which the price is lower and the best i which highter

i would suggest to do this with altcoin, because they have a less confirmation time

look something like this is pretty good, but it's not complete at all http://bitcoinpricelab.com/
sr. member
Activity: 392
Merit: 250
June 30, 2015, 05:26:45 AM
#52
All been said, is there still any good websites to do the arbitrage, seeing that the difference between all the exchangers at bitcoinwisdom dot com is a dollar or two and that can easily be eaten up by trading fees.
Any idea?
hero member
Activity: 532
Merit: 500
June 28, 2015, 04:19:58 PM
#51
To do this strategy, you'll need some amount of USD and some amount of BTC
as you go through this you will always have the same amount of BTC.

yes of course, at least I have 1BTC capital and that was enough. not too big and not too small. right? Cheesy
legendary
Activity: 1890
Merit: 1007
June 28, 2015, 01:47:43 PM
#50
To do this strategy, you'll need some amount of USD and some amount of BTC
as you go through this you will always have the same amount of BTC.
hero member
Activity: 532
Merit: 500
June 28, 2015, 08:15:29 AM
#49
Do you already have a bot?

here there is one guy running, i don't know if he is still active, but seeing how he is newbie, better to run the bot on a isolated enviroment

https://bitcointalksearch.org/topic/crypto-arbitrage-between-33-exchanges-180-coins-supported-998562

I was usually playing using arbitrage trading. after I read the thread that you have to offer, I'm really interested in these boots. but he is no longer active, I've tried to send email
legendary
Activity: 3248
Merit: 1070
June 24, 2015, 01:58:24 AM
#48
Do you already have a bot?

here there is one guy running, i don't know if he is still active, but seeing how he is newbie, better to run the bot on a isolated enviroment

https://bitcointalksearch.org/topic/crypto-arbitrage-between-33-exchanges-180-coins-supported-998562
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