I think I might have stumbled on to a way to actually make free money.
Arbitrage is loosely defined as buying something on one market at a low price and selling it elsewhere for more money.
I might have found a way to arbitrage crypto currencies.
I read an article last week about how a credit union association was using blockchain technology to speed up their transactions. Normally it takes three days to get money into or out of a bank.
If they are doing this they have cut that time to a matter of minutes.
This will enable me to buy ETH on Gemini and sell it at Coinbase at a noticeable profit (maybe $20 for every $1000 invested).
I noticed that my transfers to and from my Credit Union took a lot less time than I anticipated last week. I'm going to the credit union next Tuesday and ask them if they are using the new system. Maybe I can start doing it Wednesday. Monday is Christmas and I'm hoping to visit my brother on Tuesday.
About other news, Bitcoin is fluctuating a lot, lately. It went down by about 30 or 40% a couple of days ago. It made back most of the loses today. I consider it a normal thing for crypto currencies. I'm holding on for dear life in Bitcoin cash, Ether, and Monero. It's just the way it is. I hope it doesn't affect my arbitraging much.
That's all I have for now. Good luck with your arbitraging and I'll see you, later.
Saturday, December 23, 2017
Friday, December 15, 2017
Not Much is Happening.
I haven't posted for a while because not much is happening.
I still have my cold but I started actually sneezing; so it's finally breaking up.
I've got some money in Bitcoin and Litecoin but they aren't really doing much. They just fluctuate. I think there is an upward trend but it's in a holding pattern.
I've been spending too much at the co-op. I like to eat there because it's organic and local but it simply costs too much. It's similar to Whole Foods which has a nickname of Whole Paycheck. Retired college professors and other rich people eat there. I shouldn't; I need to get food from Safeway and simply eat at home.
At least the snow shoveling has begun. I made $50 shoveling snow a couple of days ago. I hope it's a snowy year. The last 2 years it hasn't really snowed much. I barely made any money shoveling; in fact, I barely kept up with my coffee and doughnut bill.
Regina will be singing and playing the piano soon so I think I'll sign off for now. I really don't have much to say, anyway.
Later
I still have my cold but I started actually sneezing; so it's finally breaking up.
I've got some money in Bitcoin and Litecoin but they aren't really doing much. They just fluctuate. I think there is an upward trend but it's in a holding pattern.
I've been spending too much at the co-op. I like to eat there because it's organic and local but it simply costs too much. It's similar to Whole Foods which has a nickname of Whole Paycheck. Retired college professors and other rich people eat there. I shouldn't; I need to get food from Safeway and simply eat at home.
At least the snow shoveling has begun. I made $50 shoveling snow a couple of days ago. I hope it's a snowy year. The last 2 years it hasn't really snowed much. I barely made any money shoveling; in fact, I barely kept up with my coffee and doughnut bill.
Regina will be singing and playing the piano soon so I think I'll sign off for now. I really don't have much to say, anyway.
Later
Tuesday, December 5, 2017
I Went to the Doctor Yesterday
I was worried that I might have pneumonia so I went to a doctor at the V.A.
Apparently the vaccine for pneumonia is working since I really haven't had that disease since I had the shot.
I just have a chest cold and she recommended that I take something called Muscelex. I think I misspelled that but I couldn't find out how to spell it.
I went to the co-op and they didn't have it so I tried a honey based medicine. It seems to be working.
That led to a screw up yesterday. I had my medicine in my car while I was at Barnes & Noble in Onalaska. I went out to the car to take a snort of the medicine and I forgot that my laptop was still at the table at the bookstore. I drove all the way home before I realized my mistake.
I called them and confirmed that the laptop was there; then I went back today to pick it up.
At least the cold seems to be breaking up; at least I'm coughing more and getting more flem out.
I think I'll be fine in a couple more days.
I bought a few hundred dollars of Litecoin and Bitcoin today. At least I'm in position to make some money. I think I'll have some more money this Friday. I'll put it all into crypto currency.
Later
Apparently the vaccine for pneumonia is working since I really haven't had that disease since I had the shot.
I just have a chest cold and she recommended that I take something called Muscelex. I think I misspelled that but I couldn't find out how to spell it.
I went to the co-op and they didn't have it so I tried a honey based medicine. It seems to be working.
That led to a screw up yesterday. I had my medicine in my car while I was at Barnes & Noble in Onalaska. I went out to the car to take a snort of the medicine and I forgot that my laptop was still at the table at the bookstore. I drove all the way home before I realized my mistake.
I called them and confirmed that the laptop was there; then I went back today to pick it up.
At least the cold seems to be breaking up; at least I'm coughing more and getting more flem out.
I think I'll be fine in a couple more days.
I bought a few hundred dollars of Litecoin and Bitcoin today. At least I'm in position to make some money. I think I'll have some more money this Friday. I'll put it all into crypto currency.
Later
Thursday, November 30, 2017
I Feel like I'm Coming down with Something.
I feel feverish and tired. Maybe I simply didn't get much sleep last night; but I feel like I might be coming down with something.
It's been a long time since I've been sick. i just hope it's not pneumonia. I've had that several times. I always feel like I'm knocking on heaven's door when I have that.
At least my car is working and I can make it to the V.A. clinic if I have to. Antibiotics normally cures it in no time.
I sold the majority of the coins. I went to a place called "American Rarities". I was disappointed with the price but it was the same that a coin shop offered me.
I might use the money for a down payment on a trailer. I could move to a reservation in Arizona and pay $500/yr. for the space rental. We'll see what happens.
The pricey coin will sell in March at an auction in Baltimore. It didn't grade as high as the folder said but it's still a good coin and I hope we get some interest in the bidding.
I'm hoping to do some traveling next Summer. Maybe I'll have a trailer that I can live in whilst traveling.
I watch all sorts of YouTube videos saying that there is a cabal of pedophiles who are about to be busted. Nothing ever happens. Maybe the justice system is so corrupt that they can't do anything. That's the way it appears. I guess I'll just stop watching those things. It's like the dollar; nothing happens no matter how evil it is.
Later.
It's been a long time since I've been sick. i just hope it's not pneumonia. I've had that several times. I always feel like I'm knocking on heaven's door when I have that.
At least my car is working and I can make it to the V.A. clinic if I have to. Antibiotics normally cures it in no time.
I sold the majority of the coins. I went to a place called "American Rarities". I was disappointed with the price but it was the same that a coin shop offered me.
I might use the money for a down payment on a trailer. I could move to a reservation in Arizona and pay $500/yr. for the space rental. We'll see what happens.
The pricey coin will sell in March at an auction in Baltimore. It didn't grade as high as the folder said but it's still a good coin and I hope we get some interest in the bidding.
I'm hoping to do some traveling next Summer. Maybe I'll have a trailer that I can live in whilst traveling.
I watch all sorts of YouTube videos saying that there is a cabal of pedophiles who are about to be busted. Nothing ever happens. Maybe the justice system is so corrupt that they can't do anything. That's the way it appears. I guess I'll just stop watching those things. It's like the dollar; nothing happens no matter how evil it is.
Later.
Sunday, November 26, 2017
Monday, November 20, 2017
Wednesday, November 15, 2017
I Haven't Blogged for a While.
I'm sorry that I haven't blogged for a while.
I've been busy trying to get my car running and taking pictures of my coins and indexing them.
My car has had two problems: first the battery died and Dan the mechanic thought it was the alternator, then the front brakes wore out.
I can't afford the $300 that a mechanic wants to replace the pads and rotors so I'm trying to get it done by a friend of mine named Brian. I had to buy the parts and tools to get it done but Brian is a bit depressive and he doesn't get things done quickly. Maybe I'll get it done tomorrow.
I'll get the car up and take off the left wheel before Brian shows up tomorrow. Maybe I'll save myself a few silver coins and just do it myself. I have a YouTube video about how to do it. It doesn't look that hard.
I got my coins all neatly photographed and entered into a data base called "OpenNumismat". It's an open source data base for coins. It really helps me keep all the information in one spot.
It took a while to get it all entered but it makes it a lot easier to find info on the coins.
The music has started at Java Johns and it's a bit distracting.
Later.
I've been busy trying to get my car running and taking pictures of my coins and indexing them.
My car has had two problems: first the battery died and Dan the mechanic thought it was the alternator, then the front brakes wore out.
I can't afford the $300 that a mechanic wants to replace the pads and rotors so I'm trying to get it done by a friend of mine named Brian. I had to buy the parts and tools to get it done but Brian is a bit depressive and he doesn't get things done quickly. Maybe I'll get it done tomorrow.
I'll get the car up and take off the left wheel before Brian shows up tomorrow. Maybe I'll save myself a few silver coins and just do it myself. I have a YouTube video about how to do it. It doesn't look that hard.
I got my coins all neatly photographed and entered into a data base called "OpenNumismat". It's an open source data base for coins. It really helps me keep all the information in one spot.
It took a while to get it all entered but it makes it a lot easier to find info on the coins.
The music has started at Java Johns and it's a bit distracting.
Later.
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