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Author Topic: Where are the arbiters?  (Read 2246 times)
Als Pawnshop
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November 08, 2011, 02:07:58 PM
 #1

Come on people there are like 10K cheap cheap BTC for sale on Tradehill. Is anyone going to buy them up?

There's a nice profit opportunity right now. Is it really that hard to get money into TH right now?
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November 08, 2011, 02:10:24 PM
 #2

how much are they selling for?
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November 08, 2011, 02:15:44 PM
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I bought about 1,000 of them yesterday, but now Paxum transfers out of Gox are jammed up and I'm twiddling my thumbs waiting to get more money into TradeHill.
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November 08, 2011, 02:16:34 PM
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Tradehill = 2.8  (12K+ <2.99)
Mt.Gox = 3.06  (12K+ >3.01)
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November 08, 2011, 02:26:58 PM
 #5

Dammit, BitInstant is out of money....

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November 08, 2011, 02:34:52 PM
 #6

Strange usually arbitrages that easy don't happen.

Not a speculator but I picked up 100 BTC.  That was too easy. I wish I had more USD @ TradeHill.
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November 08, 2011, 02:48:01 PM
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I picked up 140 BTC Smiley

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November 08, 2011, 02:51:04 PM
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i'm coming.
nmat
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November 08, 2011, 03:02:18 PM
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Strange usually arbitrages that easy don't happen.

Not a speculator but I picked up 100 BTC.  That was too easy. I wish I had more USD @ TradeHill.

I've been  doing arbitrage for 4 months and it's the first time I have seen a big opportunity stay up for so long (it has been several hours now). Anyway, I also ran out of money at TradeHill Tongue
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November 08, 2011, 03:04:41 PM
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Strange usually arbitrages that easy don't happen.

Not a speculator but I picked up 100 BTC.  That was too easy. I wish I had more USD @ TradeHill.

I've been  doing arbitrage for 4 months and it's the first time I have seen a big opportunity stay up for so long (it has been several hours now). Anyway, I also ran out of money at TradeHill Tongue

Yeah I looked into it a couple months ago when my expanded farm started creating a solid flow of cash & BTC at both exchanges but the amounts were so small and fleeting I said MEH.  The crappy thing is I just had Tradehill send a check for $500 on Friday so it limited what I could grab.   
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November 08, 2011, 03:24:44 PM
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Yeah I looked into it a couple months ago when my expanded farm started creating a solid flow of cash & BTC at both exchanges but the amounts were so small and fleeting I said MEH.  The crappy thing is I just had Tradehill send a check for $500 on Friday so it limited what I could grab.  

Most opportunities are < 3% and gone within minutes, but occasionally there are bigger ones.

Arbitrage bots have been losing much more money with the price fluctuation in the last months than they have been earning with the trades.
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November 08, 2011, 03:32:31 PM
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Yay, picked up another 100.  I love when this happens.

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November 08, 2011, 03:49:42 PM
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Wish I had opened an account at TH and had some funds there to buy some, but kinda concerned also because of what I read in #mtgox today.

Curious as to who is trying to dump so many coins at $3 at TH and why not get more $ just selling at MtGox unless they don't want to get caught selling stolen coins or something. Earlier today on #mtgox there were couple people who had their account on hold because they found trace of Allinvain's coins.

http://pastebin.com/4eiSCMB5
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November 08, 2011, 03:52:11 PM
 #14

So the thief finally cashes out...  at $3 instead of $15 or $20 xD

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November 08, 2011, 04:02:09 PM
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So the thief finally cashes out...  at $3 instead of $15 or $20 xD

I like how it's assumed to be a thief.  Cause anyone with a significant amount must be someone who scammed or swindled.   Roll Eyes

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ineededausername
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November 08, 2011, 04:03:16 PM
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So the thief finally cashes out...  at $3 instead of $15 or $20 xD

I like how it's assumed to be a thief.  Cause anyone with a significant amount must be someone who scammed or swindled.   Roll Eyes

Did you even read the previous post?
It all matches up well.  Askwall for 20k and stolen coins showing up in people's accounts...

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November 08, 2011, 04:05:37 PM
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So the thief finally cashes out...  at $3 instead of $15 or $20 xD

I like how it's assumed to be a thief.  Cause anyone with a significant amount must be someone who scammed or swindled.   Roll Eyes

Did you even read the previous post?
It all matches up well.  Askwall for 20k and stolen coins showing up in people's accounts...

Well I wasn't trying to make accusations per say. I was just noticing the timing of events happening and thought it might be of interest for some. It was enough to make me curious.

Those two guys could have exchanged their coins a while ago and they are just showing up just as well. Many possibilities.

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November 09, 2011, 06:31:06 AM
 #18

And it is happening again: TradeHill at 2.85 and MtGox at 3.05
trogdorjw73
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November 09, 2011, 07:37:16 AM
 #19

Too bad there's not a good way to get money into Tradehill quickly.

nmat
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November 09, 2011, 07:59:50 AM
 #20

Too bad there's not a good way to get money into Tradehill quickly.

It would seem that if you can't get funds in and out it is not really an exchange...

There is bitinstant but apparently they are out of funds, again.
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