Author

Topic: MtGox <> BTC-e arbitrage? (Read 1688 times)

legendary
Activity: 1067
Merit: 1000
June 28, 2013, 12:20:41 PM
#4


You did not understand what is "arbitrage" did you?!


The condition exists only because of the mess mtgox is in right now. If there is no barrier to move money, the commission/fee alone will take out all the profit and leave nothing for arbitrage.
sr. member
Activity: 392
Merit: 250
June 28, 2013, 12:15:42 PM
#3
(...)


(...) all you can do is wait until the price between exchanges is at parity (...)

You did not understand what is "arbitrage" did you?!
legendary
Activity: 1666
Merit: 1010
he who has the gold makes the rules
June 28, 2013, 11:30:29 AM
#2
Hello there, I'd like to do some MtGox<>BTC-e arbitrage, but since AurumXchange closed bussiness, BitInstant does not support MtGox->BTC-e transactions anymore, and OkPay suspended Bitcoin services, what do you think it's the best way to transfer USD from MtGox to another exchange, such as BTC-e or Bitstamp?

In BTC-e site there is a link to a service called www.lr2wm.com, but since their Terms and Conditions start with the sentence "1. We can do what ever we want!!!!!!!!" I don't think they can really be trusted.

Thanks in advance.


you can't, all you can do is wait until the price between exchanges is at parity and then do the exchange.

i'm sure there is probably some app for this, somewhere... if not someone ought to make one... i'd pay for it
hero member
Activity: 602
Merit: 535
Account hacked from Oct 11th to Nov 1st 2017
June 28, 2013, 10:33:23 AM
#1
Hello there, I'd like to do some MtGox<>BTC-e arbitrage, but since AurumXchange closed bussiness, BitInstant does not support MtGox->BTC-e transactions anymore, and OkPay suspended Bitcoin services, what do you think it's the best way to transfer USD from MtGox to another exchange, such as BTC-e or Bitstamp?

In BTC-e site there is a link to a service called www.lr2wm.com, but since their Terms and Conditions start with the sentence "1. We can do what ever we want!!!!!!!!" I don't think they can really be trusted.

Thanks in advance.
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