Bitcoin Forum

Economy => Service Discussion => Topic started by: spooderman on October 22, 2013, 12:38:14 AM



Title: Easy money
Post by: spooderman on October 22, 2013, 12:38:14 AM
The price difference between gox and stamp.

By my calculations every $1000 invested gains roughly $67 when converted to btc on stamp and back again on gox. If you live in the sepa zone, is this really not worth doing?

Why is everyone not doing this?

This is one of the easiest ways to make money in existence. (Provided you already have some).

Thoughts?


Title: Re: Easy money
Post by: smracer on October 22, 2013, 12:41:27 AM
Try it and you will see why it doesn't work.


Title: Re: Easy money
Post by: spooderman on October 22, 2013, 12:49:27 AM
This assumes the price does not move between your buy and sell. In a bull market like this it would be difficult to lose money.


Title: Re: Easy money
Post by: evansearle42 on October 22, 2013, 01:56:32 AM
The price difference between gox and stamp.

By my calculations every $1000 invested gains roughly $67 when converted to btc on stamp and back again on gox. If you live in the sepa zone, is this really not worth doing?

Why is everyone not doing this?

This is one of the easiest ways to make money in existence. (Provided you already have some).

Thoughts?

It just won't work, you can try it but i'm not ganna tell you why. (Hint. Goxing)


Title: Re: Easy money
Post by: hashman on October 22, 2013, 09:35:01 AM
mtgox is a futures price
about 3 months is the word on the street


Title: Re: Easy money
Post by: spooderman on October 22, 2013, 09:36:31 AM
The price difference between gox and stamp.

By my calculations every $1000 invested gains roughly $67 when converted to btc on stamp and back again on gox. If you live in the sepa zone, is this really not worth doing?

Why is everyone not doing this?

This is one of the easiest ways to make money in existence. (Provided you already have some).

Thoughts?

It just won't work, you can try it but i'm not ganna tell you why. (Hint. Goxing)

Maybe for the people in the USA it's not an option, but in the sepa zone I understand the withdraws to be manageable.


Title: Re: Easy money
Post by: viboracecata on October 22, 2013, 10:21:27 AM
Try it and you will see why it doesn't work.
;D


Title: Re: Easy money
Post by: bythesea on October 22, 2013, 01:17:23 PM
The price difference between gox and stamp.

By my calculations every $1000 invested gains roughly $67 when converted to btc on stamp and back again on gox. If you live in the sepa zone, is this really not worth doing?

Why is everyone not doing this?

This is one of the easiest ways to make money in existence. (Provided you already have some).

Thoughts?

You would earn more if you just play the market on bitstamp, sell for high and buy for low, but calculate fee and there you go. If you have no life and enough time to spend you can earn a lot.


Title: Re: Easy money
Post by: BobMarley on October 22, 2013, 04:42:52 PM
Really 3 months is how long it takes? Ive heard it only takes 1