Making around $37 per BTC with instant trading

[MyBTT]

Step 1 is to buy BTC with USD [from https://www.coinbase.com if you are able to, or somewhere where the price is similar to $429].

Step 2 is to sell those same BTC for paypal USD [at https://www.satelexchange.com].


So basically you can buy 1 BTC for $429 and sell it for $466. The profit is around $37 per BTC.

Does www.satelexchange.com is your website?

Yes satelexchange.com is my recommendation for selling. Currently the best price gap is between coinbase and satelexchange, but you can try using other exchanges too if you find bigger price difference.

satelexchange.com is clearly your own website. You are trying to scam people. So please can you stop it. 

This guy is pretty stupid if he thinks that anyone here is going to fall for this scam. And OP, I kindly ask you to FUCK OFF.

[hotcoin010309]

Paypal = charghed back = scam

[hotcoin010309]

It seem an Arbitrage, but i don't trust paypal payement

Well all this should change as ex-xapo ceo has been appointed as director of paypal just a few hours ago.
This should bring bitcoin payments more easier to do with paypal going forward without so much worry(link)about being suspended using their services for making purchases of bitcoins going into the future.

http://www.coindesk.com/paypal-xapo-wences-board-directors

So they need a bitcoin and buy with paypal?  naaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa

[bitlancr]

Paypal = charghed back = scam

Correct so don't bother. People like this make me sick. They spend time inventing a scam scheme. If they just would spend the same amount of time for doing honest things..
Wow then they could earn good money.

[rammy2k2]

I awarded op with the correct trust feedback for this kind of SCAM.
Enjoy op

[nichu]

so hows the site holding up, anyone used it other than OP . is the owner of the site from another planet or what to make these kind of blunders with the price or a technique to lure people. 

[hasiramasenju]

recently just see the site and price of 1 bitcoin is $422 and the current price in exchange is $385 it means yes we will earn profit $37 in every 1 bitcoin but i do not like use paypal and your service does not seems legit for me

[MyBTT]

recently just see the site and price of 1 bitcoin is $422 and the current price in exchange is $385 it means yes we will earn profit $37 in every 1 bitcoin but i do not like use paypal and your service does not seems legit for me

The site looks like a complete scam and I wouldn't expect a senior member to even look at that site.

[walwus]

Well this seems incredibly fishy. Nobody fall for this, please.

[Duomo]

Step 1 is to buy BTC with USD [from https://www.coinbase.com if you are able to, or somewhere where the price is similar to $429].

Step 2 is to sell those same BTC for paypal USD [at https://www.satelexchange.com].


So basically you can buy 1 BTC for $429 and sell it for $466. The profit is around $37 per BTC.

You know how terrible you are with this? You didn't even type out a full contact address. It is just street address. Do you own a whole entire street in New Mexico?  

Ps. Upon further observation, it just list Cruces, New Mexico when the real name is Las Cruces, New Mexico.
Thank you for the laugh.  

You just made a really simple website with automatic generator that creates an address, *cough* yours, then you supposedly will fund the transaction to a specified paypal. Let's make the assumption this does occur, basically no one will conduct irreversible bitcoin transactions for your reversible paypal because you could "hence" pull the tied quarter on a string back from vending machine and still get a soda and get to keep your quarter.

[elizabethqueen]

Step 1 is to buy BTC with USD [from https://www.coinbase.com if you are able to, or somewhere where the price is similar to $429].

Step 2 is to sell those same BTC for paypal USD [at https://www.satelexchange.com].


So basically you can buy 1 BTC for $429 and sell it for $466. The profit is around $37 per BTC.

its really happen?there was exchange have different price $37?or it just scam?if tht really scam,i hpe this post deleted,because some newbie may interest to try.

[European Central Bank]

its really happen?there was exchange have different price $37?or it just scam?if tht really scam,i hpe this post deleted,because some newbie may interest to try.

There are some exchanges where the price is crazily different. That usually means there's a problem with it or there's no coins on the order book. You might be able to sell 0.1 bitcoins before there's no more money left. If the price was that different and the exchange had no problems then every single trader would be milking it until the difference was wiped out.

[Newcoins2020]

its really happen?there was exchange have different price $37?or it just scam?if tht really scam,i hpe this post deleted,because some newbie may interest to try.

There are some exchanges where the price is crazily different. That usually means there's a problem with it or there's no coins on the order book. You might be able to sell 0.1 bitcoins before there's no more money left. If the price was that different and the exchange had no problems then every single trader would be milking it until the difference was wiped out.

Arbitrage is a way to earn money yes.
But's it is very risky too. Just think about your coins confirming while the price is crashing?

However using this kind of unknown exchanges... is even more riskier.

[European Central Bank]

However using this kind of unknown exchanges... is even more riskier.

Yeah. That was kind of my point. A huge discrepancy in price is all you need to know that there's something seriously wrong with an exchange. The gap wouldn't exist otherwise. It would be wiped out very quickly if arbitrage was possible.

[Digitalbitcoin]

Unbelievable !


Kindly don't get scammed in such websites that offer goods, trade, GHS for mining or exchange with bitcoin. Before taking such action kindly google it. make confirm about trust, security and authority.

[Dracov]

Arbitrage in the perfect market is not possible. So either its a scam, or ur possiblity to get that high of return is likely for a very short time period.

[john2231]

Instant $37 for trading in your site. You have no reputation here in this forum and i think this is another scam site.
So beware guys about this site don't trade on his site..

[Laosai]

Instant $37 for trading in your site. You have no reputation here in this forum and i think this is another scam site.
So beware guys about this site don't trade on his site..

Well if arbitrage was so easy to put in place, everyone would do it and... Well it wouldn't last for long, that's the main point of arbitrage.

[sishendaoye]

It's Flashy okay. But I believe something else. Because I think it makes more sense if you're going to save it. You never know what might happen later.
So I think you should wait patiently and if it has a good value then you should sell it.

[coaltin]

wow what abou the risk fudyd?