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

[armin22]

Well, I have reached almost 20% ROI on my initial Bitcoin trader investment, no issues with them at all. Daily profit is about 1% on average. I just hope they last.

I'm interested a lot into the arbitage system. What's the minimum amount i can invest into each site? and which site has the highest overall ROI?

Bitcoin trader minimum investment is $20 and BTC-arbs 0.05 BTC. Currently BTC-arbs provides higher ROI but somehow I personally trust more to Bitcoin trader. I differentiated my investment to both websites, so its up to you to decide.

Haven't got enough for both xD. Anyway, what was your starting investment and how much do you have now on both websites?

[crazyivan]

Well, I have reached almost 20% ROI on my initial Bitcoin trader investment, no issues with them at all. Daily profit is about 1% on average. I just hope they last.

I'm interested a lot into the arbitage system. What's the minimum amount i can invest into each site? and which site has the highest overall ROI?

Bitcoin trader minimum investment is $20 and BTC-arbs 0.05 BTC. Currently BTC-arbs provides higher ROI but somehow I personally trust more to Bitcoin trader. I differentiated my investment to both websites, so its up to you to decide.

Haven't got enough for both xD. Anyway, what was your starting investment and how much do you have now on both websites?

I started with about 0.3 BTC on each of them. Now I have significantly over that in both websites. But more in Bitcoin trader.

[Gentso1]

So all of these may be scams that close one day with no notice.

yup but with high risk comes high reward.......

Locking btc for 120 days is a HUGE risk

Well I use Bitcoin trader for about 2 months and I am VERY satisfied. ROI is above 20% per month, their support is quick and responsive and I have not been able to find a SINGLE proof about them not paying or scamming anyone anywhere online.

That being said, yes, arbitrage is potentially risky. But tell me this, what BTC related investment is not risky? Is putting your money into BTC risky? Is placing your money on any BTC exchange risky? Who said Mt.Gox. Is buying cloud hashing/mining risky? Yes, yes and yes. We are involved into a risky Bitcoin ecosystem.
So, people, pls use your head and do not invest anything you are not comfortable to invest.

The above is very true. It doesn't matter if it is a exchange or a arbitrage account either way you are giving another party your coins and hopefully they give them back.

With the above being said I am still waiting on my withdraw from btc arbs from yesterday. In fairness I think it say up to 36 hours so only time will tell.

I am going to give btc traders some coin though and see what happens.

Have you received your BTC-arbs payment?

Nope still nothing......later today will be 36 hours  then i will email support and update.

[cozytrade]

If you're investing such a small amount as less than 1.0 BTC, using those services would make sense. Otherwise not 

[giletto]

Money arrived now at BTC arbs, almost 2 day later. No excuse about holidays, this is definitly to long. All withdrawal or deposit should be autmomatic process.

[surfer43]

Money arrived now at BTC arbs, almost 2 day later. No excuse about holidays, this is definitly to long. All withdrawal or deposit should be autmomatic process.

Sorry the ponzi scheme was short on money for a bit. 

[giletto]

Money arrived now at BTC arbs, almost 2 day later. No excuse about holidays, this is definitly to long. All withdrawal or deposit should be autmomatic process.

Sorry the ponzi scheme was short on money for a bit. 

Blablabla...

Ponzi with 1:100? Then they would be gone already, if they need 100 deposit for 1 withdrawal.

[crazyivan]

April 19, 2014 trading results:

BTC-arbs: +0.5%

Markets are usually very slow over weekends, the fact that is also a holiday adds to that even more. Since BTC is on the rise, we might get better results during the next week.

[Gentso1]

quick update on btc arbs

Sent in a ticket today as it has been more then 36hr's since my withdraw request. Below is what I sent and there response


----------------------------------
administrator on 20/04/2014 13:48:39
What have we said about 20 times over the past few days?
It is Easter. Reduced staff.



----------------------------------
gentso1 on 20/04/2014 13:37:08
Hi, I started a withdraw request on
17/04/2014 18:45   Bitcoin withdrawal request for 1.1348 bitcoins

I have not received it yet. Can someone look into this for me, thanks


These guys are a joke. The mass message they sent to everyone stated nothing of withdraw delay's. More over in the time it has taken to respond to my support request they could have just sent the coin and been done.

[crazyivan]

Well, switch to Bitcoin trader if you do not like those.
That is the beauty of capitalism, there is always competition to turn to. )

[Gentso1]

Yup. I am just warning people ahead of time about btc-arbs and there stance on things.

[crazyivan]

The price difference between Bitstamp and BTCe has been hovering constantly above 2% for the last couple of days. This might be a nice arbitrage week if this continues. 

[jamesbond700]

response from btc-arb support in regards to a withdrawal request.


"Actually we're delaying your withdrawal due to your constant bickering and time wasting. We asked politely that users refrain from sending us messages over the Easter weekend unless they are of an emergency nature.

You obviously feel that you're exempt and are welcome to waste as much of our time as possible. As such, we are doing the same.

Adam

Reason for concern? I think so

[Minerjoe]

I have just received my withdrawal from Bitcoin trader, it took them just a few hours. I ll try Btc arbs but just a small amount I get to know their system.

[cesmak]

The price difference between Bitstamp and BTCe has been hovering constantly above 2% for the last couple of days. This might be a nice arbitrage week if this continues. 

+1 

[jamesbond700]

I have just received my withdrawal from Bitcoin trader, it took them just a few hours. I ll try Btc arbs but just a small amount I get to know their system.

I thought bitcoin trader required a 120 day investment period. Did you withdraw funds that you did not have tied up in shares?

[Gentso1]

response from btc-arb support in regards to a withdrawal request.


"Actually we're delaying your withdrawal due to your constant bickering and time wasting. We asked politely that users refrain from sending us messages over the Easter weekend unless they are of an emergency nature.

You obviously feel that you're exempt and are welcome to waste as much of our time as possible. As such, we are doing the same.

Adam

Reason for concern? I think so

Yea they did the same thing to me. The thing is if you read over there Easter short-staffed email it says nothing about withdraw delays. It simply says they will be understaffed and support issues will take longer.

First question, Why is a withdraw a support issue to begin with?
Second question, Ok so you manually process every withdraw kinda dumb but I guess you could make the case for security concerns. So why not put in the email that not only support but also withdraws will be delayed.

I gave these guys a shot and there returns are good (often times better then btc trader) BUT, All the returns in the world don't mean jack if they a. don't let you withdraw your money and b. make trivial excuses of why they haven't given money back to people.

Please guys if you are looking to make some extra btc give the guys at btc trader a shot before these guys because they apparently don't take handling money very seriously.  

[crazyivan]

Bitcoin arbitrage results, April 21, 2014.

BTC-arbs: +1.08%

Bitcoin trader was not trading during holidays. They start trading today.

[sj2199]

how does this arbitrage works.. does it makes profit from rate instability of bitcoins;;;
or something else
 

[giletto]

how does this arbitrage works.. does it makes profit from rate instability of bitcoins;;;
or something else
 

Are you really to lazy to read?

http://en.wikipedia.org/wiki/Arbitrage