Post
Topic
Board Trading Discussion
Re: Selling Bitcoin Over Market Price?
by
viking02
on 08/09/2017, 05:15:01 UTC
Hey all.  So if i do this on bittrex, i would have to get USDT right?  Then once i have usdt... i buy bitcoin... then i could sell it for 2 percent over market price and make profit?


For example it shows btc price is 4598.70 now on google btc to usd


On bittrex, it shows price as 4580 for the bid price.  Thus someone is offering it at 4580.00.  And it shows the total price to be 4591.45.


So that would mean i could sell it to someone at 4598.70 + 2 percent = 4690.44


4690.44 - 4591.45 = 98.99.


So that means i would make $98.99 per every bitcoin i can buy/sell at these prices right?