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Author Topic: Make $7000 A Week  (Read 8286 times)
TwinWinNerD
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July 28, 2014, 10:19:54 PM
 #101

I find it hilarious, that most people ITT think they can exploit such opportunities faster than bots that are programmed to do that 24/7 with a reaction time of a few ms.

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nothing2seeHere
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July 29, 2014, 03:26:21 AM
 #102

I find it hilarious, that most people ITT think they can exploit such opportunities faster than bots that are programmed to do that 24/7 with a reaction time of a few ms.
Not only that but you have to factor in the fact that you cannot move bitcoin instantly that exchanges will accept (exchanges usually need at least 3 confirmations - 30 mins- prior to crediting your account)
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July 29, 2014, 06:17:54 AM
 #103

I find it hilarious, that most people ITT think they can exploit such opportunities faster than bots that are programmed to do that 24/7 with a reaction time of a few ms.

Moving fiat across exchange takes time.
TwinWinNerD
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July 29, 2014, 07:39:45 PM
 #104

I find it hilarious, that most people ITT think they can exploit such opportunities faster than bots that are programmed to do that 24/7 with a reaction time of a few ms.

Moving fiat across exchange takes time.

The fiat part of transfering money is not really part of the arbitrage. The important part is executing the trade fast and without/little slippage. Sure if Fiat takes ages to move around, then your expected value will decrease over a given time frame, but the absolute% return of the arbitrage trade isn't depending on this.

blumangroup
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August 02, 2014, 08:20:48 PM
 #105

I find it hilarious, that most people ITT think they can exploit such opportunities faster than bots that are programmed to do that 24/7 with a reaction time of a few ms.

Moving fiat across exchange takes time.

The fiat part of transfering money is not really part of the arbitrage. The important part is executing the trade fast and without/little slippage. Sure if Fiat takes ages to move around, then your expected value will decrease over a given time frame, but the absolute% return of the arbitrage trade isn't depending on this.
The amount of time it takes to move fiat from exchange to exchange will affect how often you are able to execute the abridge, as if it takes 10 days to get money from exchange A to exchange B then you can only trade your bankroll amount at most once every 10 days.

Assuming there are opportunities to be had, the less time you can move from exchange to exchange, the higher your return will be.

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stanilab
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November 14, 2017, 06:42:29 PM
 #106

ok, i just re-read this whole thing
i thought he was talking about trading small movements in price,
not just moving coins around exchanges..
loosing 1% on fees... on a 1 cent margin means you loose money.
the time taken to transfer coins from one to another means the price of it will no doubt change.
this thread is stupid. i can't believe i wasted battery power on this.
wait why am i still wasting battery power on this   Huh

I, too, I also know how to make $ 7000 a week. In total, for example, it is necessary to throw in cloudy mining approximately 47K $. Nothing complicated .. There are many options)
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