Post
Topic
Board Currency exchange
Re: southeast asia arbitrage opportunity!
by
hugozao
on 10/01/2018, 09:13:24 UTC
Too risky. Read my post on this thread:

https://bitcointalk.org/index.php?topic=2714227.0

Agree to escrow collateral equivalent or in excess of the BTC amount you need, then perhaps sending bitcoins to a stranger in Indonesia might work safely.

If however you are asking for bitcoins upfront with a vague promise to return them at some point in the future, then this is extremely risky. It’s similar to lending money to you without knowing if or when you will repay it. Providing valid collateral is the solution. Valid and marketable collateral.



actually i finding someone from western to arbitrage my money, not their money, so it will be safe for them. i will just give them commision, btw i read your post about using Escrow Services (provided by Escrow Agents), is it possible i do arbitrage using them?