MJ the Student Actuary
Rank: 1333 / 1843
4 selected videos
Is Bitcoin a Currency or a Commodity?
What is Bitcoin?
Is it a currency? I mean it is a system of money, it is a store of value and it can be exchanged and traded. But its not legal tender and it is not controlled by a Government. So is Bitcoin a Commodity? Is Bitcoin like Gold? Gold is a commodity that can be used as money. So is Bitcoin a Commodity? Well no, its not used in the Production process. So then what is it? Watch the video and let me know your thoughts.
Related topics : using bitcoin for currency exchange
Exchanging Bitcoin to Dogecoin on Changelly
In this video I convert Bitcoin to Dogecoin on a website called Changelly. It took an hour but the transaction did complete for me. Changelly is an online Cryptocurrency Exchange
First 5 people to share and comment their doge wallets will get 100 Dogecoin each.
If you have shared a video of mine before, rather let someone else share it so that they can get some Dogecoin :-)
Related topics : bitcoin converter dogecoin / bitcoin exchange dogecoin
Bitcoin Arbitrage. Too good to be true? Using Dollars and South African Rands
Theoretically you could make millions after 3 clicks. Convert Rands to Dollars, Dollars to Bitcoin and Bitcoin back to Rands using these three sites and you have a potential arbitrage opportunity:
https://bitx.co/in/za/en/market/XBTZAR
http://www.travelex.co.za/
https://exchange.coinbase.com/
BIG DISCLAIMER!!!
There might be other Risks!!!
Do your own research before doing this!!!
This is just an educational video!!!
I repeat, just educational!!!
Related topics : bitcoin dollar exchange
Bitcoin Arbitrage Bots Profit Strategy
Write a simple bot on exchanges and get them to communicate with other bots over a server to take advantage of bitcoin arbitrage.
Each bot needs to:
1) Send price information to a server:
2) Receive price information from a server:
3) Compare prices and execute a trading action like buy/sell
4) Send coins to other bots to repeat the process.
Related topics : bitcoin trade bot
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