Post
Topic
Board Service Discussion
Re: bitcoin-trader.biz
by
Sukarti
on 19/03/2014, 21:58:35 UTC
The lack of 4 months of data could be them "internally or beta testing" one cycle of 120 days for the trading shares.

There are definitely arbitrage opportunities in the BTC space, not quite as much now as prior but up until recently there was possibility to make easy money trading between exchanges. The value was several %% different on a daily basis. Therefore I feel this has potential to be a "real" product being offered.

My biggest issue is the time your USD is tied up between trades, IF you are able to successfully arbitrage deals, your money is generally tied up a few days getting back into your bank account. I'm not personally familiar with all of their payment processors, perhaps one of them allows money to be moved in and out a little quicker.

It could also be that they just have a large amount of USD and are influencing multiple exchanges at a time. It isn't really unheard of to see a number of large buys incite panic buying. Once the swing up is settled they bail out and rinse/repeat the next day. 2-3% daily swings at all exchanges is pretty standard. Never mind the days where panic buying/selling incites 5% differentials in a day or just a few hours.

Definitely not endorsing the service until more data is available but I am using it currently.

Will provide % back on shares purchased if you set me as your referrer. For those that are curious, PM me!

https://bitcoin-trader.biz/?ref= [ref removed]