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about Bitcoin arbing

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Jiyoppi
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about Bitcoin arbing

Mon Feb 12, 2018 5:21 pm

I want to meet good partner for bitcoin arbing.
Anyone interest me please email or contact here.
I don't know about bitcoin market well.
Just I am South Korean and will pay him or her first.
My country is almost expensive another country.

Plan is simple, I will pay first and he buy coins and transfer to me , I sell here Korean market.
Pay is skrill, neteller.
but I can not keep make skrill,neteller so need to other ways.
I am not ready enough plan so need to learn and study :)

From last year considered to write this topic , now feeling little bit lately good time , but enough to write this.
ji.yop.pi@gmail.com is my contact. or here is good too.
dealer wins
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Re: about Bitcoin arbing

Mon Feb 12, 2018 10:06 pm

A partner will either rip you off, or you will rip him off lol
Never trust a goose!!!
Jiyoppi
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Re: about Bitcoin arbing

Tue Feb 13, 2018 2:54 am

dealer wins wrote: A partner will either rip you off, or you will rip him off lol
You are right! some guys rip off me.
But I think this is only way to make another business. Pussy can not grow.
maletaja
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Re: about Bitcoin arbing

Tue Feb 13, 2018 6:50 pm

Why u need partner....
U can put all money in your pocket u dont need partners...

Unless u are scammer "Korean" who relys on arbers greed to depsoit huge chunk of money,coins to the mysterious "partner"
geomak
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Re: about Bitcoin arbing

Tue Feb 13, 2018 8:40 pm

I' m not sure but maybe there isn' t a really cheap method to deposit from korea to i.e. a european bitcoin exchange without losing the arb advantage.

The korean market has know higher prices 5-6%. If he uses skrill he already lose the advantage. If i am right, exchanges like bitpanda that accepts skrill has a fee 4-5% to deposits.

But, if you live in europe you can transfer through sepa many thousands with actually no fees (+-1 euro).
Of course, if you transfer a lot of money like this, go prove to your tax office that you are not laundering money or something. From skrill to iban, then to bitcoin exchange and finally to a mysterious wallet address  ;D
neopas
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Re: about Bitcoin arbing

Wed Feb 14, 2018 2:48 am

Korean regulation is offering some great chances for fast profits.
OP needs to build a certain level of trust that should work both ways.
Jiyoppi
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Re: about Bitcoin arbing

Wed Feb 14, 2018 12:36 pm

I was talked to with several person from this topic via email and skype
And some shock by this arbusers.com still has much power.
I just left 1 topic but take many pm and emails.
Mabye more people than my thinking has interested in crypto.

As short report of our discussed (of course many crypto expert well knows)
Korean high price is still exist but not fun as last Dec.
Current is just 5% for btc.
And skrill , netller can not long term solutions from multiple reason of course.
Mabye more discuss,research after other crypto can be resolve it.
ie ripple eth..

And need some tools like real time price check bot or service like Betburger.
Now with some partners try to start actual transfer test.

but small test still and free relationship
Jiyoppi
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Re: about Bitcoin arbing

Thu Feb 15, 2018 7:24 am

This website offer compare value with multiple exchange.
https://coinmarketcap.com/currencies/ripple/#markets

At this time , ripple is 0.45% higher than any others at least.
With AEX (1.04 - 1.17 ) 12 %

If I could keep withdraw our fiat money to any other exchanges may buy even buildings.
Last edited by Jiyoppi on Thu Feb 15, 2018 7:33 am, edited 1 time in total.
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Re: about Bitcoin arbing

Thu Feb 15, 2018 3:11 pm

Jiyoppi wrote: And some shock by this arbusers.com still has much power.
We are sorry for the shock the forum caused.
Jiyoppi
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Re: about Bitcoin arbing

Thu Feb 15, 2018 4:19 pm

I was shocked because btc arb is so interested from much people.
I have no idea about btc arb how much famous but it is real, Including me many people seems to feeling it is our to go.
geomak
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Re: about Bitcoin arbing

Thu Feb 22, 2018 3:55 pm

I don' t know if it's possible but i suggested to use USDT instead of fiat.
If he can trade usdt in korea (i think upbit supports usdt) and he have access to exchanges like binance or kraken then he does not need a partner at all.

If this usdt thing can work for him it will be also extremely faster and cheaper than fiat.
It' s possible i'm missing a lot of things about crypto regulation in korea and tether is not a solution
maletaja
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Re: about Bitcoin arbing

Thu Feb 22, 2018 8:40 pm

Arbing is possible,BUT

I have lost already 2 deposits. Support is nonenexistent. I remember all whine about sportbetting supports. I have to admit sportbetting help is now lightofspeed
Problem is you wont have 100% right that your deposit makes trough...
cortomaltese
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Re: about Bitcoin arbing

Sat Feb 24, 2018 12:54 pm

geomak wrote: I don' t know if it's possible but i suggested to use USDT instead of fiat.
If he can trade usdt in korea (i think upbit supports usdt) and he have access to exchanges like binance or kraken then he does not need a partner at all.

If this usdt thing can work for him it will be also extremely faster and cheaper than fiat.
It' s possible i'm missing a lot of things about crypto regulation in korea and tether is not a solution
Yes! you are missing something: UPbit supports USDT but the ETH/USDT price is tha same like EU/US exchanges the only arb opportunity is in ETH/KRW
cortomaltese
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Re: about Bitcoin arbing

Sat Feb 24, 2018 1:04 pm

So the difficult part is how you can go from 3 to 4 in the chain* how you can turn KRW to EUR/USD so you can repeat the procedure 
*1)EUR/USD ->2) ETH -> 3)KRW -> 4)EUR/USD ->...
geomak
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Re: about Bitcoin arbing

Sat Feb 24, 2018 2:35 pm

Yes corto it seems you are right.

My idea was if there is a krw/usdt pair and obviously there isn' t.

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