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It is still possible, but yea eveyone is right. For arbitrage between exchanges it can be difficult.
Why not do some tests with a small ammount of altcoin and try to do crypto-crypto arbitrage, learning by doing is the best.
Do not forget to add the exchange fees and withdraw fees charged by the exchanges.
Why not do some tests with a small ammount of altcoin and try to do crypto-crypto arbitrage, learning by doing is the best.
Do not forget to add the exchange fees and withdraw fees charged by the exchanges.
Alt coins are better for starters, because for the most part, you don't have to wait very long for transfers.
This is really a suckers game. You really are not going to be able to profit from this.
True, it's too riky especially for newcomers.
You have to be lucky. Most of these trades are made by bots, and you have to be faster then them or write your own (better) script using exchange APIs.
Or you need to have faster internet connection to exchange than other bots/traders have.
Most high volume bots would have a 100ms give or take ping to the exchange, which is the fastest a human can react to a change.
Re: World Bank Report: Bitcoin is a ‘Naturally Occurring’ Ponzi
This IS coming from the World Bank Report.
Don't trust the banks!
Getting harder to cash out large sum of bitcoin as all exchanges are now regulated.
Local Bitcoins then?
Re: bitcoin and money laundering
Money are never dirty, and can therefore not be laundered. Money are always divine.
This is not always true, as if you acquired money in an illegitimate manor, or if the specific money can link you to a specific crime, then it is considered to be "dirty" Money are never dirty, and can therefore not be laundered. Money are always divine.
Money acquired in an illegitimate manner is only "dirty", if it can be directly connected to the crime.
In order for this to work, there would HAVE to be fractional reserve. Why? Because printing bills like that costs money. Especially if you want to make them so good they can't be counterfeit.
What about taxes? Those could be used to offset the price difference.So If I have say an iphone 5 do I get a discount on the new upgraded model?
While that would be great for a consumer, it would be bad for a company, and they would miss out on revenue.
Re: Malaysia Airlines MH17 Crash: Boeing 777 Crashed in Ukraine Near Russian Border
Bad luck for a country losing 2 planes in the same year.
Not only the country, but also the one airline.
Re: NitrogenSports.eu - Sportsbook & Exchange - Free BTC Trivia Promo
I think giveaway are better than trivia so much 
I really enjoy trivia, it is really fun, and requires skill
Re: Malaysia Airlines MH17 Crash: Boeing 777 Crashed in Ukraine Near Russian Border
Before this article gets also deleted:
http://en.itar-tass.com/world/738262
The proof that the rebels had indeed a Buk missile defense system.
Why are they now claiming they don't have it ?
http://en.itar-tass.com/world/738262
The proof that the rebels had indeed a Buk missile defense system.
Quote
DONETSK, June 29, /ITAR-TASS/. Self-defence forces of the Donetsk Peoples Republic have taken control over a missile defence army unit equipped with Buk missile defence systems, the press service of the Donetsk Peoples Republic told Itar-Tass on Sunday.
Why are they now claiming they don't have it ?
Because claiming they don't have it pushes them away from the responsibility.
Re: I have 3 Million USD to invest into Crypto Currency - How should I do it?
New idea. Deposit $200,000 into US auction of confiscated SR coins. Get as many as you can and hold for dear life!
*or diversify
*or diversify
If you pegged the auction coins at 550 a piece, the smallest block of 3K, would cost just over half of his 3M.
550 * 3,000 = 1,650,000
Re: I have 3 Million USD to invest into Crypto Currency - How should I do it?
http://www.usmarshals.gov/assets/2014/bitcoins/
That is an interesting idea, you could probably get a pretty good deal on a block of 3k BTC, and then sell it at a higher price on an exchange. I'm not sure how much, if any, discount you could get from buying in bulk.
Just a suggestion... But I doubt someone with 3 million, would conduct themselves in this matter...
That is an interesting idea, you could probably get a pretty good deal on a block of 3k BTC, and then sell it at a higher price on an exchange. I'm not sure how much, if any, discount you could get from buying in bulk.
Just a suggestion... But I doubt someone with 3 million, would conduct themselves in this matter...