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Title: Bitcoin Arbitrage Opportunity for people based in the USA, 3 to 6 % daily profit Post by: bitcoin arbitrage on August 02, 2017, 06:18:48 PM Hey guys, I live in South Africa and I'm an avid bitcoin enthusiast and alt coin trader. I've recently noticed the bitcoin price here is about 150$ higher than on a US based exchange like BitStam. Note that anyone not based in SA would not be able to take advantage of this and I also am not able to take advantage of this unless I make a partner based in the US. If you are interested and want to get in touch please reply to this post or email me: georgesizwe@gmail.com or hmu on twitter @sizwe_madoda 😃
Looking to build dialogue and a trading relationship with someone knowledgeable and transparent! Title: Re: Bitcoin Arbitrage Opportunity for people based in the USA, 3 to 6 % daily profit Post by: warningsigns on August 02, 2017, 06:56:15 PM Collateral needed for this kind of transaction. You literally just signed up here and have zero feedback and trade reputation. You cannot expect people here to simply send you bitcoins based on blind trust alone. You basically want to borrow bitcoins from someone which you intend to invest in South Africa. There are two elements of risk here: 1) The borrowing part which you need to amply secure and 2) The investing issue which is not guaranteed to yield your projected 3 to 6% daily profit.
A suitable established escrow here must hold collateral securing the bitcoins you need. Title: Re: Bitcoin Arbitrage Opportunity for people based in the USA, 3 to 6 % daily profit Post by: silvaidael on August 04, 2017, 04:58:34 AM Collateral needed for this kind of transaction. You literally just signed up here and have zero feedback and trade reputation. You cannot expect people here to simply send you bitcoins based on blind trust alone. You basically want to borrow bitcoins from someone which you intend to invest in South Africa. There are two elements of risk here: 1) The borrowing part which you need to amply secure and 2) The investing issue which is not guaranteed to yield your projected 3 to 6% daily profit. A suitable established escrow here must hold collateral securing the bitcoins you need. tbh, he's looking for fish, that btc price he's talking about is just a diversion / bait. Title: Re: Bitcoin Arbitrage Opportunity for people based in the USA, 3 to 6 % daily profit Post by: magneto on August 05, 2017, 09:50:11 AM Hey guys, I live in South Africa and I'm an avid bitcoin enthusiast and alt coin trader. I've recently noticed the bitcoin price here is about 150$ higher than on a US based exchange like BitStam. Note that anyone not based in SA would not be able to take advantage of this and I also am not able to take advantage of this unless I make a partner based in the US. If you are interested and want to get in touch please reply to this post or email me: georgesizwe@gmail.com or hmu on twitter @sizwe_madoda 😃 Looking to build dialogue and a trading relationship with someone knowledgeable and transparent! The fact that you're trying to market this as sort of an investment scheme rings a lot of alarm bells in my opinion. There is probably a reason why South African exchange rates are higher than US exchange rates. I have no idea what reason it is but there obviously has to be some sort of regulatory concern for traders or capital control in SA. Otherwise, all the arbitragers out there would be able to make hundreds of thousands and the arbitrage opportunity will quickly go away. According to your logic, we should all hit up our Korean friends because their exchanges offer like 10-20% more than US based exchanges... But there is a damn reason why price is so high in the first place. Not all people are dumbasses. Title: Re: Bitcoin Arbitrage Opportunity for people based in the USA, 3 to 6 % daily profit Post by: TheFriends on August 10, 2017, 11:57:18 AM Hey guys, I live in South Africa and I'm an avid bitcoin enthusiast and alt coin trader. I've recently noticed the bitcoin price here is about 150$ higher than on a US based exchange like BitStam. Note that anyone not based in SA would not be able to take advantage of this and I also am not able to take advantage of this unless I make a partner based in the US. If you are interested and want to get in touch please reply to this post or email me: georgesizwe@gmail.com or hmu on twitter @sizwe_madoda 😃 Looking to build dialogue and a trading relationship with someone knowledgeable and transparent! The fact that you're trying to market this as sort of an investment scheme rings a lot of alarm bells in my opinion. There is probably a reason why South African exchange rates are higher than US exchange rates. I have no idea what reason it is but there obviously has to be some sort of regulatory concern for traders or capital control in SA. Otherwise, all the arbitragers out there would be able to make hundreds of thousands and the arbitrage opportunity will quickly go away. According to your logic, we should all hit up our Korean friends because their exchanges offer like 10-20% more than US based exchanges... But there is a damn reason why price is so high in the first place. Not all people are dumbasses. This doesn't happen in South Africa only. Generally Asian markets are negotiating Bitcoin $100 more than European and American markets. |