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Show HN: Crypto Asset Arbitrage Discovery

3 pointsby yungookimover 6 years ago

1 comment

gitgudover 6 years ago
This is an interesting endeavour that I also investigated. In my case, the dream of making millions via crypto <i>arbitrage</i> fell apart with many different problems.<p>1. Stale pricing data; exchanges rate limit their api&#x27;s to check data.<p>2. Blockchain transactions take an indefinite amount of time, unless on the same exchange.<p>3. Competition, thousands of other people are playing the arbitrage game too...<p>It&#x27;s interesting that this project (like many others) is open for many users to play the arbitrage game. I speculate that it&#x27;s because it&#x27;s not profitable to do it yourself, only to sell the tools to other people...