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RE: CHART ART: BTC/USD Intraday Double Bottom

in #bitcoin7 years ago

Nice post! Interesting that support line still holds at Bitstamp - Crypto is even more decentralized than forex - there is so much price and time divergence between exchanges.

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Cheers mate. How are you not arbing the shit out of it then? Few of the Aussie forex brokers are getting on board with crypto CFDs at the moment. There's definitely opportunity in this space while the crypto trading industry is still in it's early development stage.

Crypto charts definitely generate more interest than forex on Steemit by the looks of it too. I see you don't even bother with anything else on your daily wraps.

I find it's tough to arb as it's tough to buy, way more complex than just placing two bids at different bookies. Fees subtract vast majority of the arb. I'm more talking about long term structural differences in charts eg that support line is about $300 lower at Bitstamp vs Bitfinex, though the current price discrepancy is only $25

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