Bitcoin Forum
July 30, 2024, 06:29:35 AM *
News: Help 1Dq create 15th anniversary forum artwork.
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Currency / market arbitrage  (Read 1615 times)
LandOfSeas (OP)
Newbie
*
Offline Offline

Activity: 3
Merit: 0


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!
Ronin
Newbie
*
Offline Offline

Activity: 49
Merit: 0


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.
LandOfSeas (OP)
Newbie
*
Offline Offline

Activity: 3
Merit: 0


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
Merit: 10


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:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!