Post
Topic
Board Trading Discussion
Re: Bitcoin arbitrage, pros and cons, experience and profitability
by
crazyivan
on 24/03/2014, 19:35:13 UTC
My arbitrage:

1)  Buy large quantity and hold in paper wallet.
2)  Buy smaller amount and hold in hot wallet.
3)  Spend smaller amount.
4)  Replenish smaller amount.

Repeat.

Guaranteed earnings.  Promise.

-B-

Heh, that is really cunning plan. But I am really interested in experiences of people who have been actually doing arbitrage. With this constant 2% spread on average between exchanges, there must be some people who profit on this. Am I the only one making money on BTC arbitrage?