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.

View more

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 :-)

View more

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!!!

View more

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.

View more

Related topics : bitcoin trade bot