So KMD was up 200% at one point today. It pulled back a little, but has still doubled since yesterday.
And BTCD is up 31% on Poloniex because easy way to buy cheap KMD. BTCD is trading at 25% discount right now on Poloniex vs Cryptox KMD price. I just bought a bunch more BTCD for some easy arbitrage. KMD price was at .00038 earlier, which would make KMD price 138% higher than current BTCD price of .0080.
And KMD is trading at .000289 on Coinexchange, which means if you buy BTCD at .008 and swap to KMD and sell for .000289, you make 85% return on your money.
And I realize volume is low, but these are still amazing trading opportunities at the moment.
Volume aside, there are other factors that would make it (almost) impossible to get these kinds of gains:
1 - Even if swapping is done rapidly, getting the Komodos is done manually by jl777 in batches when you request a payment, so by the time you get your Komodos the price might not be the same as when you swapped.
2 - The blockchain having issues and exchanges not being up-to-date made it impossible to send Komodos when the price was rising.
Of course there are opportunities, but for me it doesn't seem that easy to get these high returns, maybe I'm missing something
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