Obvious Arb - What Am I Missing? | Bitcointalksearch.org

Gimmoroy

legendary

Activity: 1372

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Quote from: howtobuy on November 21, 2013, 06:12:02 PM

Does anybody has account with BTC-e. I deposited funds today and wanted to withdraw the bought BTC. What i got was a message - money on hold for 30 more days!!! WTF, is it a joke?

I guess that' s the reason for arb. Should i worry about my funds?

Here is a btc-e own topic in this forum.
You can ask a support on site.
As usual, them freeze all withdrawals for two days after change password, make deposit and so on, as a security measure.

ainz

newbie

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Quote from: BadBitcoin (James Sutton) on November 21, 2013, 03:23:22 PM

take a look at the exchange fees / withdrawal fees in all the currencies your looking to trade in, you might realize that the arb value is very close to the real value + the total value of fees.

haven't crunched the numbers but this must be true, even when moving back using a smaller & more stable altcoin.

howtobuy

member

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Does anybody has account with BTC-e. I deposited funds today and wanted to withdraw the bought BTC. What i got was a message - money on hold for 30 more days!!! WTF, is it a joke?

I guess that' s the reason for arb. Should i worry about my funds?

successquik

newbie

Activity: 23

Merit: 0

Thanks for the feedback, greatly appreciated.

SQ

JCviggen

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Age Of Mars | GameFI Virtual colonization of Mars

There are times when the difference is even bigger than that, however part of the problem here is that quite a lot can happen currently in the time it takes to transfer the coins between exchanges. If BTC tanks 200$ while you're waiting for the coins to show up on the other side, that doesn't do you much good does it...
And when things calm down and the value becomes stable-ish, the prices will fall in line with each other (accounting for fees etc)

BadBitcoin (James Sutton)

donator

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take a look at the exchange fees / withdrawal fees in all the currencies your looking to trade in, you might realize that the arb value is very close to the real value + the total value of fees.

successquik

newbie

Activity: 23

Merit: 0

Apologies in advance if this topic is being discussed elsewhere, I did a quik scan of topics but didn't see it.

What am I missing vis a vis the obvious risk free arb of buying at btc-e and selling at bitstamp/coinbase, etc.

There is a consistent $50+/btc risk free profit sitting there unless there is something I'm missing.

Any feedback would be appreciated.

Thanks!

SQ

Topic: Obvious Arb - What Am I Missing? (Read 615 times)