Arbitrage Possible with bitcoins?

[maokoto]

I used to Arbitrage extremely well selling to CampBX, there was literally $40/BTC discrepancies between them and other exchanges. Plus I had an investor from India who trusted me, which was a blessing.

That's great to hear then!

At topic: Yes arbitrage is possible.. There are trading platforms that offers free arbitrage program like the one I'm using right now. You can check out their arbitrage program here: http://www.ecoin.eu/en/arbitrage/index

Can you expand a bit on that, how does that arbitrage program work? Do you need knowledge to benefit from it?

You actually just need some common sense (no pun intended) to know how arbitrage works. Yet, there are several types of arbitrage that goes with the market. It's just like bidding. The highest one wins. Hope you get my point.

Thanks! I have researched a bit since I posted the question, and found that it is really simple... Just profitting from the difference in price among different exchanges.

As you said, common sense.

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[Ceizer54]

Thanks! I have researched a bit since I posted the question, and found that it is really simple... Just profitting from the difference in price among different exchanges.

As you said, common sense.

Have you found any arbitrage opportunities yet? i am having a hard time testing arbitrage in real..I think there should exist some kind of bot that automatically finds arbitrage where ever possible and do the trade accordingly

[arunka71]

Are you interested in such bots? I'm working on such stuff and look for collabs.