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Bitcoin Forum > Economy > Trading Discussion > Market volatility and arbitrage possibilities (at the moment)
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Author Topic: Market volatility and arbitrage possibilities (at the moment)  (Read 403 times)
viviing (OP)
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January 16, 2016, 01:17:11 AM
 #1
I just found some interesting post so i just  test it works like charm

https://www.reddit.com/r/btc/comments/415l41/market_volatility_and_arbitrage_possibilities_at/


Calculation for making almost $1000 with this arbitrage possibility.

*    Buying 30 btc at [Coinbase] https://www.coinbase.com/ (current price: $361)
*    Selling 30 btc at [Bitcoin Magnet] https://www.bitcoinmag.net/ (current price: $394)
*    Total profit: $990 (fees not calculated)
iamalwayswatching
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January 16, 2016, 01:19:38 AM
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Quote from: viviing on January 16, 2016, 01:17:11 AM
I just found some interesting post so i just  test it works like charm

https://www.reddit.com/r/btc/comments/415l41/market_volatility_and_arbitrage_possibilities_at/


Calculation for making almost $1000 with this arbitrage possibility.

*    Buying 30 btc at [Coinbase] https://www.coinbase.com/ (current price: $361)
*    Selling 30 btc at [Bitcoin Magnet] https://www.bitcoinmag.net/ (current price: $394)
*    Total profit: $990 (fees not calculated)


are there any proofs that this works?
viviing (OP)
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January 16, 2016, 01:22:19 AM
 #3
Quote from: iamalwayswatching on January 16, 2016, 01:19:38 AM
Quote from: viviing on January 16, 2016, 01:17:11 AM
I just found some interesting post so i just  test it works like charm

https://www.reddit.com/r/btc/comments/415l41/market_volatility_and_arbitrage_possibilities_at/


Calculation for making almost $1000 with this arbitrage possibility.

*    Buying 30 btc at [Coinbase] https://www.coinbase.com/ (current price: $361)
*    Selling 30 btc at [Bitcoin Magnet] https://www.bitcoinmag.net/ (current price: $394)
*    Total profit: $990 (fees not calculated)


are there any proofs that this works?

Look at the thread on reddit.

Here are the proofs:

trade 1: https://blockchain.info/tx/b91ba93f9c79916091dabae62f270a2098ba63a17cf0b9d96bafa10e781278b3
trade 2: https://blockchain.info/tx/89707ce4a0d74884ad5b9caf1534b1736eef0c00ad7c92b84f0c91a217d72bf5
pictures of the trades:
http://imgur.com/P8mFKiB
http://imgur.com/5um4shR

both payments from PayPal payment: http://imgur.com/cnW3mkx
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