The current economic climate may bring traders into what is known as the wild season. Bitcoin has broken free of all market constraints and has managed to fall drastically in value of the period of lesst than 1 week. Whilst many traders will stare in despair as their holdings dwindle in value some will go out and take advantage of the current panic. As weak hands flail in wake of …
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What is Bitcoin arbitrage? Basically, Bitcoin arbitrage is the act of buying Bitcoin at an exchange where the price is very low and selling it at a different exchange where the price is relatively higher. This act is widely practiced in many stock markets but it is not very profitable, reasons being: low profit margins. Because stock markets are very advanced compared to Bitcoin exchanges, the difference of prices in different …
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