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Bitcoin Arbitrage Trading

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sampelambi

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Location: Bontang, Kalimantan Timur

Is anyone know that? Can you tell us how to do that with an easy understanding words. :)

Posted on July 28, 2014 at 6:09 PM

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• belltown

  

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  Location: seattle

  Let me know too!

  Posted on July 28, 2014 at 6:12 PM
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• Mike

  

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  Location: Chicago, IL

  Most of the opportunities have dried up. All it involves is holding funds on multiple different exchanges and buying where it's cheap while simultaneously selling where it's expensive. The problem is you have a lot of costs involved in redistributing funds to the separate exchanges again.

  Another way to do it is to arbitrage between currency pairs. So if LTC is priced lower against BTC than LTBc is, and you can trade LTC/BTC, LTC/LTBc, and BTC/LTBc then you can buy cheap LTC, sell that for the expensive LTBc, and sell that expensive LTBc for BTC. If you sell that BTC back into LTC you will end up with more than you started with. It's relatively simple if you can see the relationship. However, explaining it can make it sound quite difficult.

  Posted on July 28, 2014 at 6:23 PM
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• sampelambi

  

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  Thank You @mike

  Do you have any suggestion platform at right now to do BTC Arbitrage Trading?

  Posted on July 28, 2014 at 9:26 PM
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• Mike

  

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  @sampelambi Thank You @mike

  Do you have any suggestion platform at right now to do BTC Arbitrage Trading?

  I do it through Ripple and the various exchanges associated with that.

  Posted on July 28, 2014 at 9:28 PM
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• sampelambi

  

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  Thank's Mike...

  Posted on August 23, 2014 at 2:14 PM
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• nicojuritz

  

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  @sampelambi Is anyone know that? Can you tell us how to do that with an easy understanding words. :)

  I do not really get what you are saying.

  Posted on August 28, 2014 at 6:47 AM
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• sampelambi

  

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  Location: Bontang, Kalimantan Timur

  @nicojuritz

  @sampelambi Is anyone know that? Can you tell us how to do that with an easy understanding words. :)

  I do not really get what you are saying.

  What do you confused?

  Posted on August 28, 2014 at 3:27 PM
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