Guys, consider my business strategy: I'm brazilian, and

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Guys, consider my business strategy:

I'm brazilian, and bitcoin is being traded at a much higher price in brazilian exchanges than in global exchanges.

The upside is 11% to 12%.

My idea is to buy bitcoin from foreigners (mostly americans) at a higher price than kraken's, and then sell it at even higher price in brazilian exchanges.

The foreigners also profit, buying low and selling high.

I would operate as follows: I'd post a masked email address here. Foreigners then sell me an email with their wallet adress, the amount they intend to sell and required info for western union money transfer.

I'll then send a reply confirming or dismissing the trade. If confirm, I'll also send my wallet adress (my exchange wallet) to wich the seller must send the agreed upon amount of bitcoin . The seller is also reponsible for the mining fees.

As soon as a confirm the tranfer to my wallet by the seller's informed wallet adress, I'll make the money transfer though western union, and then send a last e-mail with the MTCN, required to withdraw the cash.

After that, I'll sell the bitcoins as fast as possible, so I don't lose money if the bitcoin price fall in the last second, and also my bitcoins don't keep sitting at the exchange. And then transfer the money back to my checking account.

I'm still reseaching the fees I'll pay to transfer the money abroad, or if there are any restrictions at all. If I figure I can turn a profit, tomorrow I'll be in business.

I won't publish my public key out in the open right away, because I can't just receive bitcoins if I don't have the cash to pay. But I'll do that as soon as I have a high enough cash flow.

What you think, my dudes?