Make a $1000+ in SECONDS on Coinbase

in #bitcoin6 years ago (edited)

bitcoin graph Dec 22.png

Using your coinbase account, you can reap the benefits of the BTC price going up after its slight downfall during the past 24 hours.

While looking at the above graph you can see that the price of BTC on Coinbase dipped to $13,130.14 at 13:41 pm EST before skyrocketing backup about a minute later to the $14,500 range. So if you literally had one bitcoin (BTC) at 13:41 pm EST time, and waited about a minute, you could have sold the BTC and earned approx. $1,300.

Is this a glitch? Don't know. I've noticed this slight dip occurring even within seconds for BTC as well as the other altcoins being held at Coinbase: BTC, BCH, ETH, LTC.

Here is another view of BCH taking dips every so often:
BCH graph Dec 22.png

The graph shows BCH always hitting a low of $2,500.98 then going up to about the $2,900 range. That literally means a $400 profit within minutes.

This pattern was recognized right after Coinbase paused buying and selling of coins for a moment due to "high traffic." So could this be a glitch in their database? Maybe. Can you profit from it? ahhh....yeah!

I still notice the dip in price of BTC to the $13,100 range when trying to buy BTC during checkout. You can still catch the dip after several refreshes. It does go quick within seconds. But after several tries, I was able to get the price at the $13,100 range and sell right away in the $14,500 range. Be careful though, coinbase's checkout process has two phases. Ensure that the last phase, the "confirmation" page also recognizes the actual lower price you are hoping to buy at.

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Hi @yomaicoin
Yes, you are right you can profit between lower price and upper price within within a minute, And you of greed, In increasing the value of the profit margin, May lead to delay taking profit or losing your deal.

Thanks ! This was somewhat helpful, if you have a whole share.

Here's another helpful blog referencing difference in prices between Coinbase's BTC and Binance's BTC price during the same time of the day. Any thoughts?

https://steemit.com/bitcoin/@yomaicoin/coinbase-and-binance-prices-differ

The problem with that strategy is the duration of BTC transfers. That distorts the entire market. Maybe it works with derivatives..

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