Please arbitrage Bitconnectcoins to make us and you money!

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Steve Sokolowski
Posts: 4585
Joined: Wed Aug 27, 2014 3:27 pm
Location: State College, PA

Please arbitrage Bitconnectcoins to make us and you money!

Post by Steve Sokolowski » Sat Jun 10, 2017 11:08 am

Several times during the past day, the pool's profitability has been negatively impacted by thin Bitconnectcoin markets. When markets are thin, the system disables the coin to avoid losses due to slippage.

Bitconnectcoin has an "official" exchange, and Novaexchange also listed the coin unofficially. The official exchange has no API, so we can only trade at Novaexchange.

We need people to create buy orders on Novaexchange so we can sell the pool's coins. Since the price holds up, that indicates there is an arbitrage opportunity at the official exchange, which must have higher prices.

You can make money by setting Bitconnectcoin buy orders on Novaexchange and selling those coins at the "official" exchange. We need about $50k in buy orders per day, so any amount miners are willing to arbitrage is appreciated. Please consider helping your follow miners and earning money by arbitraging these two exchanges.
siberianbreaks
Posts: 17
Joined: Mon May 08, 2017 3:49 pm

Re: Please arbitrage Bitconnectcoins to make us and you money!

Post by siberianbreaks » Sat Jun 10, 2017 1:58 pm

Did you check www.livecoin.net ? they have api and nive volume for bcc
siberianbreaks
Posts: 17
Joined: Mon May 08, 2017 3:49 pm

Re: Please arbitrage Bitconnectcoins to make us and you money!

Post by siberianbreaks » Sat Jun 10, 2017 1:58 pm

nice*
AvPro
Posts: 66
Joined: Tue May 23, 2017 6:13 am

Re: Please arbitrage Bitconnectcoins to make us and you money!

Post by AvPro » Mon Jun 12, 2017 4:13 am

Hi Steve,

Has this coin been enabled again?
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Steve Sokolowski
Posts: 4585
Joined: Wed Aug 27, 2014 3:27 pm
Location: State College, PA

Re: Please arbitrage Bitconnectcoins to make us and you money!

Post by Steve Sokolowski » Mon Jun 12, 2017 8:15 am

AvPro wrote:Hi Steve,

Has this coin been enabled again?
It's never been disabled, as far as I know. If you think otherwise, please contact Chris and he'll be glad to investigate.
AvPro
Posts: 66
Joined: Tue May 23, 2017 6:13 am

Re: Please arbitrage Bitconnectcoins to make us and you money!

Post by AvPro » Mon Jun 12, 2017 8:33 am

You are correct, it is enabled! My bad
GregoryGHarding
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Joined: Sun Apr 16, 2017 3:01 pm

Re: Please arbitrage Bitconnectcoins to make us and you money!

Post by GregoryGHarding » Mon Jun 12, 2017 10:44 am

Steve, is it possible to have a list of exchanges you use for the coins mined here
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vhmanu
Posts: 55
Joined: Fri Apr 21, 2017 1:43 pm

Re: Please arbitrage Bitconnectcoins to make us and you money!

Post by vhmanu » Thu Jul 06, 2017 11:16 am

We need more BCC Buy orders on Novaexchange.
I already arbitraged a good amount from nova to the official exchange and took a small loss every time (voluntarily).
I need a few days before i can start again (my funds are invested otherwise), so other people need to step in.
gnode
Posts: 49
Joined: Sun Nov 27, 2016 12:44 pm

Re: Please arbitrage Bitconnectcoins to make us and you money!

Post by gnode » Thu Jul 06, 2017 3:40 pm

What are the fees associated with Nova and Bitconnect Exchange? Also why did you take a loss? What was the price spread?
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