Replies to post #15471 on Ripple (XRPUSD)

[MindlessSelf]

Go xrp hahahaha. I’m saying remove upusd from this idea completely.

Your arbitration would be between usd, tether and DAI. I already plugged in the transactions if I was going to purchase and they are not 1:1 and no commission is charged on the app. Between these 3 stable assets, there is arbitrage. I just have to test it. DAI and tether are both worth over a dollar and I will get less that 1:1. I am going to keep my eye on them to see how much they fluctuate and if they ever dip below. Even if I bought at 1 and sold at 1.008. Or let’s say I bought at 1.008 and sold at 1.01. I think there may be something. I could by tether, convert to dai and back to USD. It could even be a 3 way transaction. Small spreads but you can do multiple times a day. Forex traders do this but this is less risk because everything will eventually stable back to $1.

And I’ll say it again. Go xrp hahahaha!