Bitcoin Forum
October 19, 2017, 03:54:27 AM *
News: Latest stable version of Bitcoin Core: 0.15.0.1  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: Currency / market arbitrage  (Read 1448 times)
LandOfSeas
Newbie
*
Offline Offline

Activity: 3


View Profile
May 31, 2011, 09:21:23 PM
 #1

I just noted that on the different markets for bitcoins the prices vary a lot.

A calculation based on the current prices for Mt Gox and Britcoin (live updated) can be found at
http://projects.delux.me/bitcoin_arbitrage/

As I do not own accounts on any of the trading platforms, you are welcome to contact me if you own accounts on multiple trading platforms. I have experience in creating bots for real money trading platforms and would love to write a working one for this platform as well : )

best regards!
1508385267
Hero Member
*
Offline Offline

Posts: 1508385267

View Profile Personal Message (Offline)

Ignore
1508385267
Reply with quote  #2

1508385267
Report to moderator
1508385267
Hero Member
*
Offline Offline

Posts: 1508385267

View Profile Personal Message (Offline)

Ignore
1508385267
Reply with quote  #2

1508385267
Report to moderator
1508385267
Hero Member
*
Offline Offline

Posts: 1508385267

View Profile Personal Message (Offline)

Ignore
1508385267
Reply with quote  #2

1508385267
Report to moderator
There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin-Qt, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1508385267
Hero Member
*
Offline Offline

Posts: 1508385267

View Profile Personal Message (Offline)

Ignore
1508385267
Reply with quote  #2

1508385267
Report to moderator
Ronin
Jr. Member
*
Offline Offline

Activity: 49


View Profile WWW
May 31, 2011, 09:51:11 PM
 #2

I've also made, a website, which I personally use for small arbitrage opportunities.

http://bitcoinprices.com

Besides MtGox and Britcoin, there is also Bitomat. Hopefully soon I will also add Bitmarket. Right now one has to simply switch between markets, to see their current exchange rates and price differencies. Probably I will have to add also something, that will instantly recalculate and easily show the possibilities for arbitrage. Definitely this is an interesting topic.

Bitcoin Prices - Bitcoin Exchange Rates | donations: 19415gX6KnrLkBjtTo2K9pm2fuiHAjMmqy
LandOfSeas
Newbie
*
Offline Offline

Activity: 3


View Profile
May 31, 2011, 09:59:20 PM
 #3

yeah, i noticed your website - i just missed the point where you can directly compare the different sites.

i think the main problem is the time you need to transact everything between the markets - that is where the price comes from....
johanatan
Member
**
Offline Offline

Activity: 84


View Profile
June 03, 2011, 04:44:15 AM
 #4

In your USD-GBP section, you've got GBP and USD reversed.  Currently 1 USD is 0.6112 GBP.

See: http://www.google.com/search?sourceid=chrome&ie=UTF-8&q=1+usd+in+gbp

1GjRUzZfDCBHeCyJk6av3pXYS9VKjCvQTQ
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!