Bitcoin arbitrage, quite profitable BTC investment, make up to 1% ROI per day

[steyehn]

Ok thanks im just trying to compare the earnings between arbitrage trading and cloudmining and decide where to invest first and earn more to reinvest the income. Thanks again for the infos

[crazyivan]

Ok thanks im just trying to compare the earnings between arbitrage trading and cloudmining and decide where to invest first and earn more to reinvest the income. Thanks again for the infos

Well that is quite simple. There is no cloud mining service that I know of which provides any kind of meaningful return on your investment. I know this since I did exactly the same analysis before I made my arbitrage investment. Renting 100 GH/S will get you about 0.95 BTC for the next 12 months, under assumption that mining difficulty increases 40% per month, which is the average for the last 6 months. You will pay 100 GH/S between 1-1.5 BTC to rent it, so you are loosing money and you have to wait for a year to get at least part of your BTC back.

Here is the calculator so you you can check it out yourself.

https://cex.io/calc

On the other hand, Bitcoin arbitrage brings you about 25% return on your investment per month, according to the last couple of months average. This means you will reach your full return on investment in 4 months and you still can withdraw your principal if your like. In case of cloud hashing, once you rent your hash, your principal is lost, you do not get it back.

The risk exists in both of these ventures, but that decision is up to you.

[TwinWinNerD]

HYIP/Ponzi

dont be the bagholders!

[crazyivan]

This China-related instability is going to create a lot of arbitrage opportunities.

[TwinWinNerD]

HYIP/Ponzi

dont be the bagholders!

Still waiting for any kind of proof for these claims.

It is not our place to proof anything. You run the business and should proof everything.

what i am implying is, that EVERY high yield programm was a scam. 100% ONE HUNDRED PERCENT.

Also i would bet that this one is too. Won't be around in 6 months.

[crazyivan]

Yap, I was right, huge gap between BTCe and Bitstamp created.

[TwinWinNerD]

HYIP/Ponzi

dont be the bagholders!

Still waiting for any kind of proof for these claims.

It is not our place to proof anything. You run the business and should proof everything.

what i am implying is, that EVERY high yield programm was a scam. 100% ONE HUNDRED PERCENT.

Also i would bet that this one is too. Won't be around in 6 months.

I do not run anything. I am just promoting them the same way your promote BTC gambling. I also use them, have invested my own money and everything is fine.
I have clearly stated all the risks related to using this website so there is really no need for you to troll this thread without any kind of solid proof. Arbitrage is scam, you say, and gambling is no risk, high ROI investment???

I do not personally promote gambling. (even if i like it). I just sold my signature space....

Just because the owner didn't run until now, doesn't mean anything.... That is how every pozi started. Google Madoff...

Also, I am doing arbitrage myself, and if you can achive that high of returns, you are NOT sharing your profits with anyone. Just do your thing for couple of months and you will have all the money you need.

People that open sites like that only want to exploit their customers. Period.

[TwinWinNerD]

PS: If you really invested and not only profit from referrals, then i question your intelligence too!

[crazyivan]

I expect at least 2% ROI today due to this volatility.

[TwinWinNerD]

HYIP/Ponzi

dont be the bagholders!

Still waiting for any kind of proof for these claims.

It is not our place to proof anything. You run the business and should proof everything.

what i am implying is, that EVERY high yield programm was a scam. 100% ONE HUNDRED PERCENT.

Also i would bet that this one is too. Won't be around in 6 months.

I do not run anything. I am just promoting them the same way your promote BTC gambling. I also use them, have invested my own money and everything is fine.
I have clearly stated all the risks related to using this website so there is really no need for you to troll this thread without any kind of solid proof. Arbitrage is scam, you say, and gambling is no risk, high ROI investment???

I do not personally promote gambling. (even if i like it). I just sold my signature space....

Just because the owner didn't run until now, doesn't mean anything.... That is how every pozi started. Google Madoff...

Also, I am doing arbitrage myself, and if you can achive that high of returns, you are NOT sharing your profits with anyone. Just do your thing for couple of months and you will have all the money you need.

People that open sites like that only want to exploit their customers. Period.

The fact remains that you sold your signature space to a shady service and you do not put any kind of disclosure next to it. Regarding your second comment, monthly trading volume of Bitstamp for example is about 700 000 BTC per month. BTCe is close to that number. A well developed arbitrage service should trade at least 2000 BTC per day on several different exchanges in order to be profitable. Do you really think than anyone can make 2000 BTC or about $1.2 million in a few months or arbitrage, especially if you start with low liquidity. Would really like to hear your results.

It is not shady, it is the most reputable gambling service there is...

Also if your trader has 300 BTC (why wouldn't he, he is a genious that can make 1,5 % each day) he can make 1.5% each day and after exactely 4 months, he would now own 2000 btc...

[crazyivan]

...

[TwinWinNerD]

PS: If you really invested and not only profit from referrals, then i question your intelligence too!

Well, I see your argumentation boils down to insulting people. I do not go down to that level, yet I ll simply stop this discussion, from this point on, you do not exist for me on this forum anymore.  

No, i just want to save people from falling for their own greed. 100s of 1000s of BTC have been lost in schemes like this. Pirate@40 and coinlenders and every other high yield program there is.

Just go ahead and risk your money, don't tell other people to fall for that shit!

[crazyivan]

Once this downturn is over, there will be even more gaps and volatility as prices start going up. Lots of arbitrage opportunities in front of us.

[crazyivan]

Has anyone found any altcoin arbitrage opportunities and if yes, where and what is the result?

[crazyivan]

I guess I was wrong, March 27 Bitcoin trader result: -0.36%
Well, after several good days, today we have faced a small loss.

[steyehn]

What happens if the result is - (negative)? You dont get profit for the day? Does it affect anything else?

[crazyivan]

Yes, it reduces your current balance. But as you can see, the average monthly results are about +25%.

[crazyivan]

March 28, 2014 results:

BTC-arbs: +1.36%

Bitcoin trader: +0.52%

[UberNifty]

Do you actually have control over the trades?

[crazyivan]

Do you actually have control over the trades?

Nope. In the case of BTC-arbs, you get a short trading reports, summarizing trade and general market conditions from the previous day. Bitcoin trader does not provide this but they provide cloud hashing service in addition to trading so you can earn both by trading and mining.