Come on and build the channel to USD fiat world.

Started by bitcrab, March 11, 2017, 02:04:15 PM

Previous topic - Next topic

0 Members and 1 Guest are viewing this topic.

Print
Go Down Pages1
User actions

lafona

#4
March 12, 2017, 02:52:01 PM
This sounds really interesting. Does the arbitrage opportunity always go the same direction? If not we could try to start the USDT:bitCNY market and remove one of the intermediate steps for those willing to take advantage of the arbitrage opportunity. Anyways it looks like the USDT:bitUSD market is pretty healthy now and hopefully people will start to use it more.
BTS Witnesses: delegate-1.lafona     Witness Thread: [url="https://bitsharestalk.org/index.php/topic,21569.msg280911/topicseen.html#msg280911"]https://bitsharestalk.org/index.php/topic,21569.msg280911/topicseen.html#msg280911[/url]
MUSE Witness: lafona

ebit

#3
March 12, 2017, 11:34:56 AM
 +5%
telegram:ebit521
[url="https://weibo.com/ebiter"]https://weibo.com/ebiter[/url]

Permie

#2
March 12, 2017, 07:45:12 AM
 +5%
JonnyBitcoin votes for liquidity and simplicity. Make him your proxy?
BTSDEX.COM

bitcrab

#1
March 11, 2017, 02:04:15 PM
below pics shows the BTC price in China offsite market and poloniex at the same time.





in China the price is about 8593 CNY/BTC, in polo the price is about 1190

8593/1190 = 7.22

the goverment announced USD/CNY rate is about 6.92, however the real market rate today is about 7.15, even so there space for arbitrage trading.

I hope we can build a channel to the fiat USD world with the help of bitUSD and USDT, suppose that let non-USD world always provide more than 2000 bitUSD offer to buy USDT at 0.98-1 bitUSD, and USD world always offer more than 2000 USDT to sell at 1-1.02 bitUSD.

I can play the role to offer bitUSD, anyone would like to play the role to offer USDT? :)







Print
Go Up Pages1
User actions