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RE: STEEM ARBITRAGE OPPORTUNITY REPORT (ISSUE 3), AUGUST 16, 2016
Ok. I think it is valiable. In terms of risk, arbitrage is meant to be riskless in essence. But I believe there are operational and technological issues that brings some risks to this strategy.
Yes, this strategy is not completely risk-free. Let's at SBD is $0.9 now. If during the 7-day period of the conversion to STEEM, the price of STEEM drops more than 10%, then you will lose some money.