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61 sats \ 1 reply \ @j7hB75 12 Dec \ on: Strike Bill Pay Follow-up bitcoin
Thanks for the mention!
A slippage of only 192 sats. Not bad! The $3.93 fee you were charged was based on your fee level at the time the Bitcoin was sold.
Could you elaborate more on how you got lucky with accidental arbitrage? I'm not sure I'm following you on that point. To me, when you pay a bill it gets submitted and once it settles, you pay the price at the time in sats, no?
So the 3.93 fee should have cost me a lot more than 192 sats (like almost 4000 more). I think the price of bitcoin in dollars was higher when the bitcoin was actually sold and settled than when I was clicking buttons over at Honda. So I meant arbitrage across time, not platforms. That's probably not the right term, but I think it sounds cool. haha
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