Felix salmon bitcoin exchange rate
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Bitcoin client for ubuntu
Looking quickly over the tradebooks, there seems to be a lot of price-differences between different exchanges and currencies, has anybody considered doing arbitrage? There should be plenty of opportunities for arbitrage, especially on a low-volume exchange such as Bitsquare.
There should also be possibilities for normal traders to make a few percent per trade without taking into account arbitrage possibilities. Since the amount of effort involved is small I am bit puzzled why not many people do this. How does it look if you consider transaction cost?
Does the low volume really pay the cost. Anyway in times of stress there are certainly opportunities. Do you have a specific case? You can always open a free bank account at a cryptofriendly bank. This is their UK website. It has the same ssl certificate as the german branch. The adress looks a little weird, though. I think it should be legit. The translation seems to be perfect.
They have a cooperation with bitcoin. When you trade at bitcoin. Note that It All pivots on trading-volumes. I think the fact that you cannot use bots at Bitsquare is an advantage. You are not in competition with bots which are always faster than humans to equalize arbitrage.
We are willing to support such traders to get higher volumes on Bitsquare. I could probably set aside at least BTC or so for this purpose. The first one is security. The second issue is that trades require manual intervention. It should ideally happen automatically with atomic transactions between two blockchains. I know this requires a lot of work and may be added in the future. Manual intervention could be less of an issue with API since I could then technically create a program to automate the trades.
According to ManfredKarrer this requires a lot of work too. It just requires more work, but is still possible. Yes the automatic altcoin trading is definitely planned, but as you said the DAO is the next hi-prio task as we need more devs and without funding it is a chicken and egg problem. So there is a time window where manual trading is the only choice, which is more work but also opens more opportunities as you are not competing with bots.
Regarding the 2nd computer: I fear that the RPi will not have enough resources to handle the UI good enough but lets see if anyone find something. So that might be an alternative. The problem I have with renting servers is that you get the third party risk. Maybe not a great risk, but, remember the linode hack? In early March , the New Jersey-based web and cloud hosting company Linode was suspected of robbing many popular Bitcoin services.
A vulnerability in the customer support system was used to obtain administrator access to the servers.
Once the Linode servers were compromised, eight accounts dealing with bitcoins were targeted. If you guys have any recommendations, shoot. That may be acceptable. I am in Barcelona, Spain. If you are not outside Europe I could offer you something: They are small and silent and decent fast. Ping me an email so we can discuss further if you like. I also have 3 lcd monitors cheap ones, no good quality.
Now my bitcoin are locked up for another six days. Way too long to do arbitrage on a volatile market. We could also think about having separate time-outs for each step along the way, e.
I had actually a case where we needed the long perion at long easter weekend, 4 days banks were closed, then 3 days for tx. I know that in some countries they are faster or even instant when its the same bank or county, but unfortunatley we need to adopt to the slowest: So I fear that will not help much as users can lie about that.
Though I should make it more clear that the sender need to start before the half of the period, otherwise he loses the dispute case in case of a timeout. Yes, I agree that it makes arbitrage harder. But the only solution I see to use other payment methods with instant transer like OKPay. You can block users in the new version settings, add onion address of a user if you had a trade which was very slow. So you can avoid to get repeated trades with such users.
Kraken is a great bank period. All the services you could want and trying hard to add more you have not thought of. Been with them in Germ since the start. Found a news article about their expansion to the UK, so this seems to be legit.
Kraken, as I just learned. I guess the fact that you need to be online also ties in with the first point. I agree, the sooner we get more liquidity the better.