Did anybody ever make money from Arbitrage?

Discussion in 'CryptoCurrency' started by password01, Oct 29, 2015.

  1. password01

    password01 Regular Member

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    Hey Guys,

    Just wondering did anybody ever make money from this?

    Back around 2011 I wrote a script that did it between MtGox and Tradehill.

    BTC price was falling at this time.

    Funny thing was, after trading 70 BTC I had the same amount of bank as when I started.. I guess the commisions and falling BTC price took my profit.

    A nice experiment all the same, and i'd call it a success as I didn't lose any money. It obviously just needed tuning, but I wasn't bothered.

    Does anybody do that now? Should I try and resume and put the bot in the "cloud"

    Cheers.