Ninjastic
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Board Trading Discussion
Re: Another way to arbitrage BTC
by
katana
on 23/09/2015, 03:58:27 UTC
Quote from: calamar182 on September 21, 2015, 04:33:20 PM
There's another way to arbitrage with bitcoin?

In this link I see that they are doing somthing like buying BTC in cheap exch and sell BTC to USD in another, when price correlate, sell BTC to USD and buy BTC in the other, without doing transfers between exchanges, someone tried it or it is possible?

http://obsidianexchange.com/cross-exchange-bitcoin-arbitrage/

And look at this shit, it is possible to do arbitrage with BTCUSD-BTCEUR agains EURUSD?

[img=http://s12.postimg.org/h57ix7149/btcusd_eur_arbit.jpg]
It is impossible. One exchange offers the trading of BTC, USD pair. You can use dollar buy BTC , or use BTC to buy dollar. How could you do the arbitrage in one exchange? Except you buy at a price, then wait for a while and sell out if the price increases later. It is just trading btcusd pair.