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1. arbitrage between different currency types
Could someone explain how this would this work? I've seen talks of it a while ago, but people seem to be turned down by the speed of withdraws from exchanges. I know that you'd have to have money in both (or multiple) exchanges, but the orders are not necessarily instantly processed so wouldn't you'd have to project the price at an exchange from a few tenths of a second to a few seconds ahead of the time of the buy to compensate for the trading lag? |
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Have you thought about putting ATMs in other countries with less stable currencies? BTCs could be a good alternative if you educated the people.
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Amazing work you're doing Jason! My friends and I also want to contribute to the community by encouraging more people to use Bitcoins. We just started a website and could really use some advice/ feedback if you have time. www.coinarc.com Thanks! |
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We are Coinarc.com. We offer awesome products which cater to the bitcoin community and its interests. We'd like to gain some feedback on things that you guys would like to see offered and any general advice.
Thanks!
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Thanks, is there a way to use them as escrow without linking my site to them?
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Hi guys, we're just starting out on our website. One thing I've been curious about is, how do you gain the trust of customers when selling a product in BTC? There's always the chance (for the customer) that someone could just run off with their money. I've looked at some escrow sites, but they seem cumbersome and not very intuitive for buying smaller items. Any thoughts? www.coinarc.com |
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If you are able to program in python, this might help you: http://prof7bit.github.io/goxtool/it's already a CLI that displays real time charts, I would assume you can parse this data. Unforunately it's on for mtgox |
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I am also curious about this, there seems to be a huge arbitrage opportunity here. Unfortunately month long withdraw makes it difficult to predict prices haha. Maybe try your luck with some smaller exchanges?
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Finished off BS in mechanical engineering, got in job doing signal processing and programming, going back to get my MS in comp sci in 2 weeks!
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Hey Jean Paul, That sounds like a pretty neat idea! Good luck with that! Please let us know if you'd be interested in being featured on our site as we progress forward. Feel free to shoot us a PM. Hey, we are group of friends starting Adult Video On Demand Platform - and we are accepting alt coins - as far as I know, first in adult  http://bitclit.com/Cheers, Jean Paul Hi, We are a couple friends that are starting a new site. Our focus is on promoting BTC by offering cool products at discount prices and hooking up Bitcoin vendors with buyers. We would really appreciate it if you could take a look and give us some feedback. We're offering a few products to get off the ground as we work out more deals with suppliers. It would be great to get whitelisted so we can talk to more people on the site! Thanks! www.coinarc.com |
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Hi, We are a couple friends that are starting a new site. Our focus is on promoting BTC by offering cool products at discount prices and hooking up Bitcoin vendors with buyers. We would really appreciate it if you could take a look and give us some feedback. We're offering a few products to get off the ground as we work out more deals with suppliers. It would be great to get whitelisted so we can talk to more people on the site! Thanks! www.coinarc.com |
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