Re: Bitcoin arbitrage, pros and cons, experience and profitability
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?
Well, among all my friends, yes. Every one of them ultimately lost all their BTC trying to play the system. Or got it stolen out of their online accounts. Seriously. All of them.
I would be interested in what kind of money you are making. I know there are some guys making money in this forum doing arbitrage. But part me assumes its not very much, and not worth the risk.
If for example you've brought yourself from 10 BTC to 20 BTC, I would be interested in hearing about it. It takes guts honestly.
PS: Go to the Economics forum, then Speculation subforum and you'll meet 500 dudes who are doing this.
PPS: Starting a thread on arbitrage and having those signature URL's might be considered strange.
-B-
Hehe, what s so strange about my links, I am into this, sure I have links about it. I am not trying to hide those in any way or sell anything, they are clearly labeled as affiliate links and they are in my signature. I also have a few e-books, bunch of arbitrage related websites, lots of graphs and charts. Regarding links, don`t click my links, they are not related to this post. Is it better now?
