Post
Topic
Board Trading Discussion
Re: Another way to arbitrage BTC
by
edric
on 28/09/2015, 12:04:11 UTC
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]

In theory it is possible.  He makes the obvious point though.  All of your cash ends up on the exchange where bitcoins sell higher and all of your bitcoin ends up on exchanges where bitcoin sells for less cash.  However, it could technically work if you had enough liquidity to start out so that you made enough profit that when you closed out your profits eventually, it wasn't that big of a hit.