Quote:
Originally Posted by Vick!
I don't think its as easy as it looks. Money exchanger do earn shit, but by difference between the buying and selling rates.
For example, you came to me selling 100 USD for 49 GBP. Then someone else comes to me and want to buy 49 GBP for 101 USD ... this is how money can be made.
Not buying one currency and then buying another and then buying first one again, you will actually loose money over buying, buying, buying .. and exchanger will make money by selling you.
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If your in trading currency they have sophisticated software which finds these externalities and automatically executes. Also you have to large amounts of money to be participating in this.