TsuyokuNaritai
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June 30, 2013, 07:01:13 AM |
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I wonder if I can buy some assets on BitFunder, move them to BTCT.CO and sell them on BTCT.CO (arbitrage)
Is it possible to do this? Could I move ASICMiner shares from one to the other?
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Entropy-uc
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June 30, 2013, 07:07:53 AM |
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I wonder if I can buy some assets on BitFunder, move them to BTCT.CO and sell them on BTCT.CO (arbitrage)
Is it possible to do this? Could I move ASICMiner shares from one to the other? It's theoretically possible, and impossible in practice. I bought over 250 shares of Asicminer on bitfunder and requested transfer from DeadTerra. A month later he hadn't responded to either PMs or posts in his thread. You can lose a lot of money in that time frame.
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Ukyo (OP)
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June 30, 2013, 07:20:53 AM |
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I wonder if I can buy some assets on BitFunder, move them to BTCT.CO and sell them on BTCT.CO (arbitrage)
Is it possible to do this? Could I move ASICMiner shares from one to the other? It's theoretically possible, and impossible in practice. I bought over 250 shares of Asicminer on bitfunder and requested transfer from DeadTerra. A month later he hadn't responded to either PMs or posts in his thread. You can lose a lot of money in that time frame. Hmm, that seems rather strange without any response.
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TECHICENINE
Newbie
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Activity: 28
Merit: 0
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June 30, 2013, 07:26:22 AM Last edit: June 30, 2013, 09:29:02 AM by TECHICENINE |
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I wonder if I can buy some assets on BitFunder, move them to BTCT.CO and sell them on BTCT.CO (arbitrage)
Is it possible to do this? Could I move ASICMiner shares from one to the other? imo just grab some\/promo shares from the issuer and churn and burn watch the/\insiders cash out+...thanks
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ThickAsThieves
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June 30, 2013, 08:50:56 AM |
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Hello,
I see that some assets have a different price on BitFunder and BTCT.CO. I wonder if I can buy some assets on BitFunder, move them to BTCT.CO and sell them on BTCT.CO (arbitrage)
I also wonder how to query BitFunder API (using WebSocket)
Kind regards
Arb can only exist in an environment of inconvenience. If it was easy everyone would it and it would cease to exist.
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ThickAsThieves
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June 30, 2013, 09:32:09 AM |
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You fail to see my point. I'm not saying arb doesn't exist. I'm saying that it if you make it convenient/easy/fast it cannot exist as a service of value and therefore the arb opportunities will all but vanish.
Don't you see how your idea totally defeats many of the purposes of having more than one exchange at all ?
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TECHICENINE
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Merit: 0
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June 30, 2013, 09:36:32 AM Last edit: June 30, 2013, 10:58:29 PM by TECHICENINE |
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Hello,
I see that some assets have a different price on BitFunder and BTCT.CO. I wonder if I can buy some assets on BitFunder, move them to BTCT.CO and sell them on BTCT.CO (arbitrage)
I also wonder how to query BitFunder API (using WebSocket)
Kind regards
Arb can only exist in an environment of inconvenience. If it was easy everyone would it and it would cease to exist. imo pulling/\GOLD equity off btct.co prolly in response to moose feds request-"reboot"-BTCitcoin...thanks
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MikkisJ
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June 30, 2013, 10:40:43 AM |
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F*ck, missed an investing opportunity because AM dividends were paid so late.
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hl5460
Legendary
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Activity: 1621
Merit: 1000
news.8btc.com
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June 30, 2013, 11:58:37 AM |
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Hi there, I found myself stuck in the GA setup in weexchange. profile->security->2 factor->scan GA QR-> update security..............nothing happens. There should be a box for input GA code after the account is generated on phone app. But I couldn't find anything. Could someone shed a light?
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hamiltino
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June 30, 2013, 10:56:55 PM Last edit: July 03, 2013, 11:12:06 AM by hamiltino |
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STOCKMARKET 101: PREVENT PRICE MANIPULATION.
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stacking coin
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TECHICENINE
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June 30, 2013, 11:01:05 PM |
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STOCKMARKET 101: PREVENT PRICE MANIPULATION.
Ukyo, i love your work but c'mon man lets be real...
====> MICROSTOCK 101: ON YOUR FACE PRICE MANIPULATIONZ.
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conanmi
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July 05, 2013, 04:10:41 AM Last edit: July 07, 2013, 03:48:07 AM by conanmi |
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deleted
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EskimoBob
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Merit: 1000
Quality Printing Services by Federal Reserve Bank
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July 08, 2013, 05:15:43 PM |
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I hope those guys have misunderstood how Bitfunder distributes dividends but if this is true, you have really fucked up... big time! .... Well, since bitfunder does it over all the issued shares it will be over 10 million, however the dividends from the unsold shares will go into the pot for the next weeks dividends.
WHAT?! You can not pay dividends to treasury stock. Think about it for a second. This is beyond absurd if bitfunder allows this If you have issued 1 000 shares (Shares Total in btf speak) and 100 are outstanding (not held by issuer aka issued and sold to shareholders "Shares Issued" in btf speak), profits will be divided among 100 shares and not by 1 000 shares. 900 shares are treasury stock and those have no right for dividends, voting or for anything else. Issued shares - shares outstanding = treasury stock If a Co buys back its own shares for whatever reason (usually undervalued on the market and Co has huge amounts of cash laying around) those shares become automatically treasury stock. Ukyo, can you please clear this up? Thank you.
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While reading what I wrote, use the most friendliest and relaxing voice in your head. BTW, Things in BTC bubble universes are getting ugly....
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ThickAsThieves
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July 08, 2013, 05:20:17 PM |
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in BF, all issued shares must be paid a dividend, even if it's the issuer that holds them. It's kinda annoying if you are still trying to sell shares and are forced to have enough btc pay yourself in order to pay everyone else.
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EskimoBob
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Quality Printing Services by Federal Reserve Bank
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July 08, 2013, 05:30:46 PM |
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in BF, all issued shares must be paid a dividend, even if it's the issuer that holds them. It's kinda annoying if you are still trying to sell shares and are forced to have enough btc pay yourself in order to pay everyone else.
This is so wrong in so many levels...
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While reading what I wrote, use the most friendliest and relaxing voice in your head. BTW, Things in BTC bubble universes are getting ugly....
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Deprived
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July 08, 2013, 05:33:28 PM |
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in BF, all issued shares must be paid a dividend, even if it's the issuer that holds them. It's kinda annoying if you are still trying to sell shares and are forced to have enough btc pay yourself in order to pay everyone else.
It also makes it impossible to tell how many shares have been sold - which is great for those who want to market-manipulate their own assets but not so great for legitimate issuers or for investors.
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EskimoBob
Legendary
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Activity: 910
Merit: 1000
Quality Printing Services by Federal Reserve Bank
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July 08, 2013, 05:34:18 PM |
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in BF, all issued shares must be paid a dividend, even if it's the issuer that holds them. It's kinda annoying if you are still trying to sell shares and are forced to have enough btc pay yourself in order to pay everyone else.
This is so wrong in so many levels... Lets me paint you a picture Fabulous Co has 100 shares issued and 50 outstanding. Co earns 10 as profit and it gets divided up by 100 - 0.1 per share (yes, this is WRONG). What happens now is that Co treasury stock receives 50x0.1 and shareholders receive 50x0.1. Guess what, Co has 5 as dividend income that must be shared between shareholders. So here we go again: 5/100 = 0.05 and 50*0.05 to shareholders and 50*0.05 gets sent back to Co and so and on and on and on.... Because you use broken system, it will take you close to forever to distribute all the profits to shareholders.
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While reading what I wrote, use the most friendliest and relaxing voice in your head. BTW, Things in BTC bubble universes are getting ugly....
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ThickAsThieves
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July 08, 2013, 05:46:48 PM |
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in BF, all issued shares must be paid a dividend, even if it's the issuer that holds them. It's kinda annoying if you are still trying to sell shares and are forced to have enough btc pay yourself in order to pay everyone else.
It also makes it impossible to tell how many shares have been sold - which is great for those who want to market-manipulate their own assets but not so great for legitimate issuers or for investors. This is a big issue with AMC, as not only are issued issuer shares held and paid dividends, but they are transferrable. This makes it easy for him to obfuscate price-manipulation and self-purchase of shares, etc. I know buying your own shares isn't hard anyway, but at one point you could easily tell that AMC was running two large holding accounts...
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Ukyo (OP)
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July 08, 2013, 09:57:35 PM |
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We have finished adding in a new form token system that not only blocks most (if not all) cross-site hijack attempts, but also stops duplicate trade submits, as well as stopping about 6 other types of 3rd party attacks with some additional checks. Cheers.
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