What is your key strength if compare with some enormous arbitrage system?
Our key strength is in our core technology and it's benefit for everybody. As stated in the whitepaper:
"BitCoinage will employ machine learning in their creation of an arbitrage-finding bot, codenamed
'Bloodhound.' This bot will begin by analyzing the last 5 years of trading data across all
exchanges in order to uncover patterns in price arbitrages.
The arbitrage bot will be able to understand when a currency is overvalued on a particular
exchange and notify users. It will create an entry each time someone trades a currency at a
differing value from the average until a pattern is established of those exchanges where
arbitrages appear most frequently.
These patterns often point to inexperienced traders, localized exchanges, and newly-listed currencies.
Then, the bot will make use of integrated trade API’s with exchanges to buy, sell, and transfer
currencies across those exchanges. This process is called “triangular arbitrage trading.”
The bot will be able to execute a trade and immediately initiate a transfer back to the user's wallet.
We believe these arbitrage opportunities will exist for quite some time, as newcomers are
continuing to enter the market in increased numbers.
Exchanges are still localized and new currencies are constantly being listed.
Additionally, the volatile nature of Cryptocurrency consistently creates significant price
differences between exchanges."