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41  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][PRE-ICO] ARBITAO: The New Way of Arbitrage Trading on: June 14, 2018, 02:30:28 PM

Also, just to confirm, the investor allocates a certain amount of ATAO and then receives profits also in ATAO, and then can exchange ATAO for BTC on TaoX exchange, correct?

You are correct. Please note, that there's USD equivalent in between, added as a security layer for both parties as cryptocurrency market is quite volatile and through this system Arbitao is able to guarantee stable profits to the customer and does not have to take over the volatility risk.

Thanks for the response, What does it mean USD equivalent in between? will ATAO have a fixed value for example during the trading time? sorry if it sounds obvious, but this point is not that clear to me..cheers  Smiley

Let's say that you invest 1000 ATAO (which is 100 USD) for 240 days on the Arbitao platform (Bronze pool). Your daily interest rate, based on our historical performance, should be approx. 0.5%. Those daily interest are booked in USD on your account. The earned USD you can convert to ATAO and withdraw to your wallet or exchange it to BTC on the exchange. This is why I called it "USD in between".

It's necessary because USD is a stable currency in comparison to cryptocurrencies, and such an approach is working as a security measure both for you and the platform.

If during the investment period (240 days) the crypto market goes significantly down or up, your initial investment plus the daily interest will not be effected as it is secured in USD. You will always receive stable profits.
42  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][PRE-ICO] ARBITAO: The New Way of Arbitrage Trading on: June 13, 2018, 12:44:43 PM
Hi, can you explain a little how the trading process go? you buy a certain pair from one exchange, and then sell on another? but how does the algorithm take into account the transaction time from one exchange to another for example, especially in cases where the margin is too small, that it might turn into a negative trade while waiting for the transaction from 1 exchange to another.

The simplest type of an arbitrage transaction is when you buy a certain pair from one exchange and instantaneously sell on another exchange (you need on both exchanges funds). By instantaneously, we mean that there's no transfer of coins (as there’s no need for it) between exchanges to fulfill a particular arbitrage transaction. The goal is to have enough deposited funds on each exchange to fulfill a lot of such transactions without the need to transfer the funds in order to complete those transactions.

The time is of the essence here, so the real challenge we address is to make a quick decision and perform two operation simultaneously. Please see post #21 in this thread.

Also, just to confirm, the investor allocates a certain amount of ATAO and then receives profits also in ATAO, and then can exchange ATAO for BTC on TaoX exchange, correct?

You are correct. Please note, that there's USD equivalent in between, added as a security layer for both parties as cryptocurrency market is quite volatile and through this system Arbitao is able to guarantee stable profits to the customer and does not have to take over the volatility risk.
43  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][PRE-ICO] ARBITAO: The New Way of Arbitrage Trading on: June 13, 2018, 12:11:37 PM
Hello. Do you have a telegram chat? I found one but with ~50 users only. Is it yours?

This is the link to the Telegram Chat: https://t.me/arbitaochat

or check our Website and additional Ressources out:
- Website: https://www.arbitao.com
- Twitter: https://twitter.com/arbitao
- Reddit: https://www.arbitao.com/reddit
- Facebook: www.arbitao.com/facebook
- YouTube: https://www.youtube.com/channel/UCIZ_XhPZhLUR9Z-MphDb0_A
- Announcement: bitcointalk.org/index.php?topic=4455437.0
- Blog: https://blog.arbitao.com/
- All related documents: https://www.arbitao.com/documents
44  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][PRE-ICO] ARBITAO: The New Way of Arbitrage Trading on: June 13, 2018, 12:08:09 PM
Hi, can you explain a little how the trading process go? you buy a certain pair from one exchange, and then sell on another? but how does the algorithm take into account the transaction time from one exchange to another for example, especially in cases where the margin is too small, that it might turn into a negative trade while waiting for the transaction from 1 exchange to another.

Also, just to confirm, the investor allocates a certain amount of ATAO and then receives profits also in ATAO, and then can exchange ATAO for BTC on TaoX exchange, correct?

How is it different from gstar that I encountered here?
https://bitcointalk.org/index.php?topic=4209418.0
Their development is on the way as they said they have initial funding.
How about this project, do you have seed funds to initiate your developments?

Based on a quick glance at Gstar, Arbitao and Gstar are two very different projects with different goals. Gstar seems to be a kind of toolset for traders which should improve the trading experience. Arbitao trades for itself focusing exclusively on arbitrage trading techniques. Your participation as an investor adds to the Arbitao’s growth - and we share the profits. We don't equip you with any trading tools, supporting AI, market analysis and so on.

Yes, Arbitao has private investors who helped to accelerate the development of the already working product.
45  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][PRE-ICO] ARBITAO: The New Way of Arbitrage Trading on: June 13, 2018, 12:03:28 PM
Since cloud operations take place the reasonable question is about the security. Even such great thing like nicehash has been hacked. It’s more likely that professional hackers will be eager to steal some money from the platform with the increase in trading volumes.

When it comes to security - security of the funds, which is probably of the most concern for you - most of the assets is going to be in constant circulation and used for arbitrage transactions. It means, that they will be allocated in bulk to a number of exchanges. As a result, we must rely on the security of each and every exchange where the funds are deposited.

For successful arbitrage purposes, we only choose the exchanges of high liquidity and proven reputation which are popular, trustworthy and have been operating for a long time.
46  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][PRE-ICO] ARBITAO: The New Way of Arbitrage Trading on: June 13, 2018, 10:39:00 AM
I have asked myself if you can build a platform for arbitrage trading and exploit all that potential to make a lot of money for your customers, why don't you just do it yourself and not disclose the code to the public and let them benefit?

Thank you for your interest. First of all, the arbitrage algorithm will not be public, otherwise the competiors just have to copy paste it and use their own infrastructure. Second, the more capital Arbitao has, the faster it can grow the business. Development, infrastructure etc. is very costly and therefore money is needed. At the end of the day it is a win win situation for the investors and the platform.
47  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][PRE-ICO] ARBITAO: The New Way of Arbitrage Trading on: June 12, 2018, 05:07:14 PM
hello  Cheesy do you have bounty Huh or airdrop for example  Kiss

Yes! The Bounty/Airdrop will be announced in a separate thread soon.
48  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][PRE-ICO] ARBITAO: The New Way of Arbitrage Trading on: June 12, 2018, 12:29:32 PM
How much profit should you earn at least to cover this problem fiat -> bittrex -> binance -> bittrex -> fiat Huh ‘Cause if you cannot do this then arbitrage is meaningless. I realize 2% is just an example, however, I suppose you should have tried to trade like this on your own. Have you got any history?

Hey! Thank you for the interest in the project!
There are more factors to take into consideration! However, for your question the most important are trading fees. All related costs are included in the algorithm, so trades are just executed when the algorithm gives a positive signal. In this case it depends on the absolute value in order to cover the fees. The trades are also saved in the history, which is used for big data analytics in order to improve the algorithm. This can be checked in the Dashboard (start for history: 05/06/2018). The life feed can be checked on the website. https://www.arbitao.com

I think Zast asks exactly for

Quote
the most important are transaction fees

I also wonder what instruments or what strategies do you have to guarantee that the profit exceed commission costs. Or you just cannot guarantee at all, what it reasonable by the way


Arbitao as a platform is developed in the way that only the best opportunities among thousands of pairs are chosen. This can be ensured because of the amount of capital on the exchanges. The system takes besides the transaction fees a lot of other factors into consideration in order to guarantee stable profits (96% of the trades are positive). The code is programmed in C++ and we have the servers in Data centers next to the locations of the exchanges. Therefore, it is possible to execute the trades extremely fast.

The fees (deposit, trading, withdrawal) and their structure are different from one exchange to another but are set and clear. Taking the fee amount into consideration, it’s relatively easy to calculate if a particular arbitrage transaction is going to be profitable or not. There’s no element of surprise. By allocating substantial funds to exchanges, we’re able to significantly lower the fees and the number of profitable transactions increases.

The real challenge is to successfully execute a potential trade in the needed time. This is where the risk comes into play. In order to carry out an effective arbitrage transaction, we must conduct two operations on two different exchanges and both must end successfully. If the outcome of either one is not favorable, the transaction is deemed unsuccessful and may end up as a loss.

The network architecture and the speed of application is crucial here, and this is why we have a distributed MultiDC infrastructure and we’re constantly working to improve the algorithm and speed of the application.

I hope this is answering your question.
49  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][PRE-ICO] ARBITAO: The New Way of Arbitrage Trading on: June 12, 2018, 10:30:58 AM
Where would your arbitrage cloud computing machine be located? It’s quite crucial for being successful

It's distributed Multi-DC/Cloud infrastructure. Locations were chosen paying special attention to the locations of exchanges, and we co-op with providers which assure performance, efficiency and fast connections. (Amazon, Level3)
50  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][PRE-ICO] ARBITAO: The New Way of Arbitrage Trading on: June 12, 2018, 10:11:22 AM
How much profit should you earn at least to cover this problem fiat -> bittrex -> binance -> bittrex -> fiat Huh ‘Cause if you cannot do this then arbitrage is meaningless. I realize 2% is just an example, however, I suppose you should have tried to trade like this on your own. Have you got any history?

Hey! Thank you for the interest in the project!
There are more factors to take into consideration! However, for your question the most important are transaction fees. All related costs are included in the algorithm, so trades are just executed when the algorithm gives a positive signal. In this case it depends on the absolute value in order to cover the fees. The trades are also saved in the history, which is used for big data analytics in order to improve the algorithm. This can be checked in the Dashboard (start for history: 16/05/2018). The live feed can be checked on the website. https://www.arbitao.com
51  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][PRE-ICO] ARBITAO: The New Way of Arbitrage Trading on: June 11, 2018, 02:49:27 PM
Hi guys! I’ve participated in ICO that is about arbitrage trading. What are your advantages compared to other similar companies Huh

You can find a competitor analysis in our ten pager: https://static.arbitao.com/presskit/Arbitao_Ten_Pager.pdf

Main differences:

- tested working product (done)
- the least platform/commission fee (done)
- open for small, medium and big investors (done)
- already working with 19 exchanges (done)
- trades are transparent on the website (done)
- unique infrastructure which reduces latency by up to x100 (partly done)
- built on a dedicated blockchain, not ERC20 (done + improvements coming)
- decentralized contributing of computing power (WIP)
- use your own algorithms for arbitrage (WIP)
52  Alternate cryptocurrencies / Announcements (Altcoins) / [ANN][PRE-ICO] ARBITAO: The New Way of Arbitrage Trading on: June 11, 2018, 10:07:20 AM



 














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53  Bitcoin / Meetups / Re: Blockchain & Bitcoin Conference France | July 18, 2018 | Paris, France on: June 08, 2018, 09:28:45 AM
What language will the presentations be in?
54  Economy / Speculation / Re: Has Bitcoin reached its goal? on: June 07, 2018, 05:00:09 PM
I agree, the goal of getting more users is the most important and arguably it is more or less reached
55  Bitcoin / Bitcoin Discussion / Re: Bitcoin will get legitimacy in all countries? on: June 07, 2018, 04:55:33 PM
I really don't get why people claim that crypto causes fiat currencies to inflate. Bailing out banks and granting loans with fractional reserve for example are reasons why fiat currencies inflate.
56  Economy / Speculation / Re: Why the Cryptocurrency Market Is Falling on: June 06, 2018, 09:21:25 AM
Is the market falling due to low confidence or FUDi g? Are they both the same?

I guess it's both
57  Bitcoin / Bitcoin Discussion / Re: 3000 Bitcoins ATM worldwide !!!! on: June 06, 2018, 09:19:37 AM
It actually does not seem to be that much
58  Bitcoin / Bitcoin Discussion / Re: Anticipation from the future ? on: June 02, 2018, 02:29:59 PM
In the long run, decentralization can only be hindered by extremely tyrannical measures, which are not only unpopular but also expensive. That's why I'm sure that cryptocurrencies will render fiat currencies obsolete some day. Maybe not in the next couple of years, but most probably within the next few decades.
59  Economy / Speculation / Re: Those who sold bitcoin are in for a big loss on: June 02, 2018, 02:09:34 PM
Which experts predicted 50k, and for when?
60  Economy / Economics / Re: bitcoin vs world economy on: June 01, 2018, 10:26:08 AM
I think it comes down to decentralized, trustless money vs. fiat money that is controlled by some kind of authority, which you are forced to trust in. History has shown that every fiat currency fails. It either ends in hyperfinflation or gets replaced by another fiat currency before that happens. In either case, people who tried to build up savings get punished. I think it is only a matter of time until people switch to the better alternative, even the politicians themselves at some point. What is happening in Venezuela is also interesting in this context.
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