Bitcoin trading with foreigners to earn price difference
explain the situation with a simple example:
for example, the retail price of a watermelon in its procing area is 50 cents a catty. Here is not the wholesale price, but the price that people in the procing area buy when they want to eat a watermelon. So the watermelon in the city's high-end District supermarket selling price may be 1 yuan a Jin, why such a 5 Mao gap? In short, because of different locations, because the scarcity of watermelon is different
these virtual currencies may have different buying and selling prices on various platforms at any time, resulting in price differences in different regions.
It is based on bitcoin protocol, but different from bitcoin, even at the present stage, it can "mine" efficiently through consumer hardware. Liteoin provides you with faster transaction confirmation (2.5 minutes on average). It uses hard memory and mining workload proof algorithm based on scrypt (an encryption algorithm). It is oriented to ordinary computer and graphics processor (GPU) used by most people. The litecain network is expected to proce 84 million currency units
one of the design purposes of litecoin is to provide a mining algorithm, which can be run simultaneously on the bitcoin mining machine. With the rise of application specific integrated circuits (ASIC) designed for bitcoin mining, litecoin is also closely following the technological evolution. But before the widespread use of litecoin currency, it is unlikely that there will be an application specific integrated circuit (ASIC) specially designed for litecoin
related website community official website of litecoin official forum of litecoin China community

1. The reason is that only big funds can have considerable income, and only big funds can arrange deposits in various accounts. Buy this box and sell that one. You can refer to the previous use of Alipay (balance treasure) transfer does not require fees, because Celestica's large amount of funds stored in various banks, the daily customer hedging results. And this kind of business can only be completed with large capital
2. Speed. Arbitrage opportunities are fleeting, so only fast can seize the opportunity. The reason why Everbright's ETF was able to arbitrage before, and after oolong, it was able to inject so much capital into the market in a short period of time. Without it, it is only quick. It is said that in order to compete for this kind of safe arbitrage means, the competitors have reached the point of "competing physical distance".
