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Title: lakebtc has a best price, big money is coming! Post by: bounst on September 05, 2014, 08:56:11 AM I saw the arb plan in Project Development (https://bitcointalk.org/index.php?topic=765074.0), a ideaful plan, but probably it can be acted now
Now the price gap has been more than $10 (http://bitcoincharts.com/markets/currency/USD.html) for a long time, arb,move btceUSD to lakeYSD space > 2% (http://bitcoin-analytics.com/#xarbitrage). Do you have btc in your wallet? It's time to sell them on lakebtc, and you can buy them back on btc-e. deposit BTC is free on lakebtc, and withdraw BTC is BTC0.001 on btc-e trading fee is 0.1-0.5% onlakebtc, 0.2% on btc-e just cost 0.3-0.7% plus BTC0.001, that you can profit 2%. Title: Re: lakebtc has a best price, big money is coming! Post by: daybyter on September 05, 2014, 07:42:09 PM I write bot code, that might help you with your plan.
https://i.imgur.com/0lfW5YO.png I just don't have a business model, or so. Maybe we can figure something out. Let me know, if you are interested. Title: Re: lakebtc has a best price, big money is coming! Post by: hardcoin10 on September 06, 2014, 06:01:49 PM This is really good profit but you have to have a lot of money to make decent profit from this, like $10k and plus, I was thinking to try this too , bad that It takes several days to withdraw to bank account.
Title: Re: lakebtc has a best price, big money is coming! Post by: desticy on September 12, 2014, 03:33:17 AM This is really good profit but you have to have a lot of money to make decent profit from this, like $10k and plus, I was thinking to try this too , bad that It takes several days to withdraw to bank account. yes, although it's profitable, arb space is very small, you have to be large capital flows, it could be profitable Title: Re: lakebtc has a best price, big money is coming! Post by: TheGull on September 15, 2014, 05:53:36 AM There are plenty of arbs around, but the real problem is moving cash - it takes DAYS sometimes. The only realistic way to profit from arbing is to have your cash and bitcoins evenly spread across multiple platforms (which you then have to rebalance as your relative balances change), but even then you need big balances because bank fees eat your cash FAST if you have to move it.
In short, there are opportunities but they are not so easy to take advantage of. Title: Re: lakebtc has a best price, big money is coming! Post by: joesmoe2012 on September 16, 2014, 01:51:42 AM There are plenty of arbs around, but the real problem is moving cash - it takes DAYS sometimes. The only realistic way to profit from arbing is to have your cash and bitcoins evenly spread across multiple platforms (which you then have to rebalance as your relative balances change), but even then you need big balances because bank fees eat your cash FAST if you have to move it. In short, there are opportunities but they are not so easy to take advantage of. Days? I've been waiting on a MtGox withdraw for -years- now. Title: Re: lakebtc has a best price, big money is coming! Post by: Jamacn on September 16, 2014, 08:12:28 AM as early as possible to give up your arbitrage plan, even if it is profitable but it would requires lots of money to profit looks decent
:( Title: Re: lakebtc has a best price, big money is coming! Post by: haploid23 on September 17, 2014, 06:43:55 AM OP, it's almost as if you're a shill account for lakebtc. I'm staying away from them for now. Too new without large reputation yet for me to trade on there. I just don't want to be caught up in another mtgox incident, because majority of the smaller exchanges ends up going bust.
Title: Re: lakebtc has a best price, big money is coming! Post by: Vortex20000 on September 17, 2014, 06:51:57 AM OP, it's almost as if you're a shill account for lakebtc. I'm staying away from them for now. Too new without large reputation yet for me to trade on there. I just don't want to be caught up in another mtgox incident, because majority of the smaller exchanges ends up going bust. Probably. @OP I use Cryptsy and the only complaint I have is the frequent downtime and slow withdrawals. Title: Re: lakebtc has a best price, big money is coming! Post by: GreenCoin22 on September 17, 2014, 06:58:33 AM OP, it's almost as if you're a shill account for lakebtc. I'm staying away from them for now. Too new without large reputation yet for me to trade on there. I just don't want to be caught up in another mtgox incident, because majority of the smaller exchanges ends up going bust. I think it's not a scam, even never heard any negative news abou lakebtc, and it's not too new to away from. Except bitstamp and btc-e, we know that the vast majority of exchanges are coming out in 2013, lakebtc is so, kraken is so and bitfinex is so. Title: Re: lakebtc has a best price, big money is coming! Post by: Jamacn on September 17, 2014, 07:10:12 AM hi boy,
if the highest price were the best price, I'm sure that you had never been concerned about the localbitcoins price. Don't be surprised, this is the localbitcoins price curve (so we can see, lakebtc price is without any off track in fact.) https://i.imgur.com/QJWjMYj.png http://data.bitcoinity.org/markets/price/30d/USD?c=e&r=hour&t=l (http://data.bitcoinity.org/markets/price/30d/USD?c=e&r=hour&t=l) Title: Re: lakebtc has a best price, big money is coming! Post by: Eeminia on September 18, 2014, 01:47:39 AM hi boy, if the highest price were the best price, I'm sure that you had never been concerned about the localbitcoins price. Don't be surprised, this is the localbitcoins price curve (so we can see, lakebtc price is without any off track in fact.) https://i.imgur.com/QJWjMYj.png http://data.bitcoinity.org/markets/price/30d/USD?c=e&r=hour&t=l (http://data.bitcoinity.org/markets/price/30d/USD?c=e&r=hour&t=l) what's localbitcoins and what happened to it? |
