Still have not seen any answer convincing me a profit can be made by using cloud mining.....
+1 Wondering who is the clientele buying all the contracts then? There seems to be a lot of places selling them. Yes, EXACTLY. This is why I am so surprised. With a bit of 2nd grade math you can figure out this is NOT profitable. Still, bunch of people buy these services every day and there are tons of these websites around. WTF? |
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Has anyone tried any alts arbitrage and if yes, where and how?
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Another great day, both services are above 1%. April 15, 2014 results:
BTC-arbs: +1.17%
Bitcoin trader: +1.30%
BTC-arbs has been online for 2.5 months and Bitcoin trader 5.5 months today.
BTC market looks quite bullish and I expect a strong BTC price increase today.
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price drop was just a fake trend so that big whales can get some bitcoins at cheap price
a fake news from china and people dumped it and big player bought at low price
Everyone knows that. What? You fell for that ol' trick? Only the dumb asses panic and sell during sinking prices. It's "buy low, sell high". Who the fuck is selling during the crash? That doesn't make sense. 'sell low'? That ain't right. You don't need a degree in math to figure that one out. Somehow, panic always wins over math and morons sell all day long during the crash. Funniest thing I've ever seen. I love it. Buy, buy, buy. When it hits $1800 - sell. Oh yes, this is something I have been repeating all the time. NEVER sell when the market is down. However, there are still lots of morons around who like to lose money on BTC or anything similar. |
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Ma nema nikakve koristi od cloud mininga, ne znam zašto to ljudi uopšte uzimaju.
Znači NEMA šanse da vratiš količinu BTC koju uložiš. Jedina šansa je da platiš u dolarima a u međuvremenu da BTC ode u nebesa. Ako plaćaš u BTC, to je gubitak čisti.
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?? Why doing this. If you machine is offline all the time besides the moment you actually send BTC to the exchange, how is your wallet going to be compromised?
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I was on the right track, April 14, 2014 results were significantly above 1% for both services.
BTC-arbs: +1.72%
Bitcoin trader: +1.24%
Can we repeat similar result today? ATM, markets do not seem so volatile compared to yesterday. I would expect under 1% today, about 0.8%.
Regarding withdrawals, I never had to wait more then 12 hours. I guess it depends on the time of the day you request your withdrawal.
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my 0,32 BTC grows to 0,6 btc .) within 8 hrs... its easy like 1,2,3
all you need is to go on right train...and remember, never late for move, live is change
114% Hirocoin price growth today. I sold 45k Hiro and got 0.74 BTC. That much about the right train you chose bud. NEVER sell when the market is low and always have patience, that is one of my rules and has brought me nothing but profit. you sell too low !  Why dont you wait until 3500+ ? Because you dont believe 3500+ and you r done with it now, I didnt sell any from new train, so its possible that I can make a little bit more than I wrote. Nice hiro pump today, btc grows a little finally, but still not enough to mine it now for me, we will see... Well I have not purchased Hiro, I mine Hiro, so 114% growth was quite satisfactory for me to make a nice profit. I will continue to mine and sell the next batch when it goes over 4000. Regarding trust, not only I believe Hiro will go over 3500+, it ll go much much higher this summer when ASIC hit and everybody figures out it is more efficient to mint X11 compared to Scrypt N. So it all about patience. Now this profit I made helps me differentiate a bit, buy some other potentially profitable coins and wait for the next jump. Although I support Hiro, keeping all of my eggs in the same basket is never a smart idea. |
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my 0,32 BTC grows to 0,6 btc .) within 8 hrs... its easy like 1,2,3
all you need is to go on right train...and remember, never late for move, live is change
114% Hirocoin price growth today. I sold 45k Hiro and got 0.74 BTC. That much about the right train you chose bud. NEVER sell when the market is low and always have patience, that is one of my rules and has brought me nothing but profit. |
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BTC ecosystem should stop relying on China for its pumps and dumps. We have seen where this led us in the past.
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As I have mentioned several times, I do not like to keep all of my eggs in a single basket. Using only one service is not so smart, it is always best to disperse the risk. Also Bitcoin trader provides not only arbitrage but also cloud mining service. Not to mention they are almost 6 months old compared to 2.5 months of BTC-arbs being online.
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Lots of volatility between exchanges during the last 24 hours which is great for BTC arbitrage. The spread between Bitstamp and BTCe is constantly present. I expect today's results to be quite good, above 1%.
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Just sold all my 45k hiros for 0,32BTC yeah ... Im out, if I see volume BC at mintpal, I thing hiro is not able to have 2600BTC volume at least year from now, if someone can wait year , I wish him good luck
This is what I do not understand. You had 45k coins and you see the price is low. 0.32 BTC is not something you cannot afford to lose and also this current price has been stagnant for days so probably it will not go any lower. Having all this in mind, WHY, oh WHY would you sell your coins this low instead of leaving them in your wallet for a couple more weeks/months, WTF is the reason you would accept that loss? People just have no patience and everybody wants to earn 100 BTC in a few days time. |
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Still have not seen any answer convincing me a profit can be made by using cloud mining.....
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BTC-arbs trading result, March 12, 2014: +0.8
Bitcoin trader does not trade during weekends, so no trading results for them.
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April 11 trading update:
BTC-arbs: +2.18%
Bitcoin trader: +0.55%
I made another successful withdrawal from BTC arbs, it came through after 2 hours. Make sure you activate 2FA and potentially change password to increase security of your account.
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I exchanged several emails and support tickets with two guys from Bitcoin trader, John Carley and Michel Brandenburg. They sign their blog posts as well and I was told that several payment processors they use are registered to John Carley. I suppose these payment processors require ID verification. Regardin BTC-arbs, no info there.
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Have not been able to find a single service which would bring me ROI. Still do not understand why do people use it?
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April 10, 2014 trading update: BTC-arbs: +2.75%  Bitcoin trader: +0.31%  In their daily update BTC-arbs recommends users to ENABLE 2-Factor Authentication and improve security of their accounts. It really takes only a few minutes, so if you use BTC-arbs, do it. Also, this above average volatility which started yesterday, mainly due to negative reports from China, continues today as well. I also expect above average arbitrage results today. |
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You people really now nothing about trading and investments. NEVER sell when the market is this low, NEVER. We're not talking about semi-proven investments - bitcoin, litecoin. We're talking about a altcoin (of which there are many) which is barely a month old and has plummeted straight down. In fact, you could say exactly the same thing about every other altcoin that's clearly dead or dying. Why not buy them? Your point could relate to BTC and LTC as well. Bunch of people bought it when it was $1200 and lots of these guys sell it now when it is under $400. My answer is still the same, NEVER sell when the market is going down. In a couple of months, all most of these alts ll go back, BTC will go to over $1200 and the only ones who ll end up losing money are panic sellers. Why? Because cryptos are the FUTURE and X11 is a great advance within crypto world. This same pattern of high volatility was present with BTC and LTC when they were at this stage and look at them now. Do you really think cryptos are going to die this year and we are gonna be left only with BTC and LTC?  Anyway, I respect you opinion, do not agree with you, but I really wish you a good luck and I am sorry to hear you have decided to leave crypto. |
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