i am new at this

>>3399694
They don't update in realtime.

>>3399694
>why can't people just buy at low price from one market and sell at another???

they do. it's called arbitrage.

>>3399694
Of course, you can make money that way it's called arbitrage. Profits are not going to be as large as it seems because of all the fees involved.

>>3399694
>mfw brazilians bought 5k+

>>3399698
i don't you are right. no matter how slow they update you still can't have 1000 dollar difference between major exchanges.

>>3399714
where are you gonna get brazil or zimbabwe dollars in time to take advantage of it?

LETS DO IT WITH BITCOIN AT BITTREX

Loading money into exchange - +/-3%
Exchange buy - 0.5% fee
Withdrawal - 0.001BTC
Transfer fee to second exchange - 0.004BTC
Second exchange sell - 0.5%
Withdrawal from second exchange - 0.001BTC
Transfer fee to your wallet - 0.004BTC

Only fees will eat like 10% - 20%. (depends on amount)

Keep in my mind, that transfer of BTC can take about 2 hours. Exchange rates are changing every second... .

File: 1504291080018.jpg (27KB, 306x306px) Image search: [Google]

27KB, 306x306px

It's way harder than it seems to make profit with arbitrage, there are fees on buying, selling, withdrawing, depositing. Transferring money/coins can take a long time to the point of you losing value in the end. On top of that you can't trade on most of those exchanges since they require you being a resident of country they are located in or some other shit that takes a billion years to verify even if you qualify. You can of course try and see for yourself if you still think it's so easy.

>>3399713
nobody does

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304KB, 1155x475px

>>3399765
>>3399760
ok, thanks for explaining to me