Author

Topic: huge arbitrage opportunity (Read 1340 times)

newbie
Activity: 46
Merit: 0
June 30, 2011, 12:41:03 AM
#7
Not to mention that cavirtex does not take deposits at the moment of anything except bitcoin.
member
Activity: 85
Merit: 10
June 29, 2011, 08:57:29 PM
#6
[Removed]
legendary
Activity: 1204
Merit: 1002
June 29, 2011, 01:24:55 PM
#5
All the Bitcoin exchanges pay out cash rather slowly. So you can't sell on exchange A, move your cash quickly, buy on exchange B, and repeat, using the same capital. That cycle takes days, rather than minutes. This limits arbitrage.
full member
Activity: 140
Merit: 100
June 29, 2011, 11:44:44 AM
#4
I would hardly define that as huge. 
legendary
Activity: 2058
Merit: 1452
June 29, 2011, 10:40:54 AM
#3
what are your profits after all the fees there?  pennies?
cavirtex is fee free, and trade hill has 0.3%.
full member
Activity: 168
Merit: 100
June 29, 2011, 09:58:31 AM
#2
what are your profits after all the fees there?  pennies?
legendary
Activity: 2058
Merit: 1452
June 29, 2011, 09:42:31 AM
#1
tradehill price: 17 USD
cavirtex price: 16 CAD (1 CAD = 0.97107 USD)
amount available for under 17 CAD: 248.1016 btc
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