Author

Topic: Huge arbitrage opportunity at Tradehill (Read 1181 times)

legendary
Activity: 2618
Merit: 1007
June 11, 2011, 07:43:37 PM
#9
By the way, the 16 USD offer is gone already while I'm still waiting for my funds to get enough blocks to clear...

At least I got already 11 Bitcents from just ~1 USD of referrals after a few trades! Smiley
hero member
Activity: 854
Merit: 1000
June 11, 2011, 07:35:21 PM
#8
high transaction costs and limits to liquidity I think -- once it becomes easier to buy and sell these will largely disappear
For a spread like this, transaction costs are a drop in the bucket.  And lack of liquidity is what CREATES this opportunity.
hero member
Activity: 630
Merit: 500
June 11, 2011, 07:21:39 PM
#7
Yes. Bitcoincharts.com is my home, would love to see some more data points than MtGox and Britcoin.
sr. member
Activity: 284
Merit: 250
June 11, 2011, 07:20:29 PM
#6
TH needs to release its API if they want to see the trade volume of mtgox.
full member
Activity: 210
Merit: 100
firstbits: 121vnq
June 11, 2011, 07:18:42 PM
#5
high transaction costs and limits to liquidity I think -- once it becomes easier to buy and sell these will largely disappear
hero member
Activity: 854
Merit: 1000
June 11, 2011, 07:18:04 PM
#4
Well... why don't you? Wink
No BTC to sell there, just cash waiting to buy.  Otherwise I would.
sr. member
Activity: 284
Merit: 250
June 11, 2011, 07:15:50 PM
#3
Arbitrage is hard when the volume on TH is literally 100 BTC per day.
legendary
Activity: 2618
Merit: 1007
June 11, 2011, 07:14:17 PM
#2
Well... why don't you? Wink
hero member
Activity: 854
Merit: 1000
June 11, 2011, 07:08:08 PM
#1
Why isn't anyone taking advantage of the tradehill arbitrage opportunity?  Right now someone is bidding 16.0 on Tradehill.  Sell there, buy back on Mt Gox for less than 15 and boom, you're in quick and easy money.

I'm surprised nobody has been taking advantage of this sort of stuff.
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