[REQ] 12 Hour Arbitrage

[demargoo]

12 Hours Arbitrage (FE ONLY)

01 Introduction
https://www.youtube.com/watch?v=R_MICsVWf04

02 Overview Of 12 Hour Arbitrage
https://www.youtube.com/watch?v=gx5sGZY8Pvg

03 Setting Up Purse
https://www.youtube.com/watch?v=4GuVvtiURNI
https://purse.io/

04 Coinbase Setup
https://www.youtube.com/watch?v=GWZFuKclXuc
https://www.coinbase.com/?locale=en-US

05 Step By Step Walk Through of Purse.io
https://www.youtube.com/watch?v=uXYay5QULqA

06 12 Hour Arbitrage Strategy
https://www.youtube.com/watch?v=jLG76W3ENBo

07 Production Selection
https://www.youtube.com/watch?v=yxgun4q5sa8

08 Live Case Study Walkthrough
-In this video will go thru a case study walkthrough.
We share every part of the case study.
You will see a live example of selling a product and then ordering the product on Purse.
You will see live some great profits!

https://www.youtube.com/watch?v=xte2CgdhS4g

09 Introduction To Shopify
In this video will go over the ecommerce platform Shopify.
We will cover how you can use this great platform to scale the 12 Hour Arbitrage to hundreds of dollars a day.

https://www.youtube.com/watch?v=LcsPD2N_fqw

10 Paid Traffic Sources
In this video we will go over two paid traffic sources.
They are Facebook and Instagram.
We will share basic Facebook ads and how you can run Instagram ads as well.

https://www.youtube.com/watch?v=2rjzq3IO4AE

11 Facebook Fanpage Setup
In this video we will go over setting up your first Facebook Fanpage.
There is a link below for all of the images sizes you will need to get everything setup quickly.

https://www.youtube.com/watch?v=yfskWK_uwFU
https://www.facebook.com/PagesSizesDimensions/

12 Shopify Setup 2
In this Video I will go over setting up another Shopify Store.
There are many small details that I cover in this training that are not covered in
the first Shopify training video. I wanted to make sure that I covered as much as
I could so you can have one of these Shopify Stores up in no time.
The Shipping Rules Are On the First Shopify Training Video.

https://www.youtube.com/watch?v=ZaBaWP73vgs

13 Conclusion
https://www.youtube.com/watch?v=OMkYTcWrI9g

[theresaway]

Thanks for the share emargoo; 5 reps given!

[stwasan]

Demargoo, Thanks for the share ; 5 reps given!

[Sailook]

Demargoo reps 4 you M8!

[blackhatbill]

Thx demargoo! ++++Reps bro.

Will take a look at this and see if anything worthwhile! Funny as hell they are hosting their
high end course on Youtube. Guess they aren't making enough with this method to afford a secure solution?

Let's take a look.

[LookingForward]

Thanks demargoo reps given.

[Tomwol]

Great job Demargoo !!!! Max Reps added !!! Thanks a lot !!!

[blackhatbill]

Ok, I spent some time looking through this. I want to say this is my opinion only as to this product, and don't let what I say stop you from giving this a shot if you should so choose.

My Review:

First off, it's fairly obvious that neither James nor Jay have spent any time doing this method. James basically admits that they just dreamed this up out of thin air in the first couple of videos.

What does that mean?

It means we have another course from the master of theory and dreamed up methods, James Renouf.

It was actually comical watching these 2 bumble and fumble through these videos. It seemed as if neither of them really had any idea what they were trying to teach. The videos, some done by Jay, and some done by James, would often times contradict eachother.

The basic idea here is they are theorizing on Amazon to eBay arbitrage with a slight twist.

What is that slight twist?

That you can use a site called Purse.io to get even BETTER deals on stuff from Amazon,
if you pay with Bitcoin.

James says the 'sweet spot' in savings is 23%. Jay says the sweet spot is 13% to 15% savings. Its fairly obvious they have no idea WHAT the real sweet spot is, because they probably tried this method maybe once in order to create an entire course around it.

Who knows for sure if there are ANY savings from this Purse.io site. I know this to be 100% certain:

be VERY VERY careful when dealing with these new sites that seemingly pop up daily that
supposedly do transactions with Bitcoins, and trade you money or goods for Bitcoin. Purse.io is no exception. I would be really careful dealing with these guys as these bitcoin related sites often go down with NO warning whatsoever.

If they take your bitcoin, and deliver you nothing, who do you report it to? If they close down tomorrow, who do you go to? If the person on the other end of the transaction doesn't follow through and deliver your product to your buyer, what recourse do you have?

Jay himself mentions that some transactions on Purse.io you can't count on.

Anyway, with that disclaimer out of the way, getting back to the main method.

Jay mentions that all the Fees from Paypal, Amazon and eBay can total between 15% to
17% for one of these transactions. If you are able to save 15% by purchasing at Purse.io, where does that leave you as far as profitability?

Right at exactly ZERO profitability for a lot of work.

What if you only save in the sweetspot Jay mentions at Purse.io, like 13%?

You are LOSING money for all your work.

There is one other Key thing that both these knuckleheads forget to even mention!

THERE ARE COSTS ASSOCIATED WITH OBTAINING BITCOIN IN THE RANGE OF 3% to 5%!

They act as if you can just get bitcoin with no transaction costs at all...

Pile the Bitcoin transaction costs, on top of the Amazon, Paypal and eBay Fees, and suddenly you have to get your item at Purse.io for 25% OFF.... AND THAT IS JUST TO BREAK EVEN!

Now, you factor in the risk of dealing with the unknown people behind the scenes at Purse.io. What is that risk factor? Im not sure, but I'd guess 10%-15%, perhaps higher.

All of this leads to, in my opinion, another steaming hot pile of theoretical garbage by Mr. Renouf.

Again, if you are able to float all the risk, and do a successful transaction with this method, best of luck.

For me, way too many transaction fees piled on top of a ton of risk at nearly every turn.

BHB

EDIT: The shopify, Facebook and IG methods at the end of the course are like putting lipstick on a PIG. So now, I'm going to Pay for Shopify AND expensive FB ads for an already risky transaction that is most likely losing me money from square 1? GTFO

[Darko]

Not to mention, Coinbase charges an extra "foreign transaction fee" and limits new accounts to $300 BTC purchase power / week...

(08-01-2017 06:45 AM)blackhatbill Wrote:  Ok, I spent some time looking through this. I want to say this is my opinion only as to this product, and don't let what I say stop you from giving this a shot if you should so choose.

My Review:

First off, it's fairly obvious that neither James nor Jay have spent any time doing this method. James basically admits that they just dreamed this up out of thin air in the first couple of videos.

What does that mean?

It means we have another course from the master of theory and dreamed up methods, James Renouf.

It was actually comical watching these 2 bumble and fumble through these videos. It seemed as if neither of them really had any idea what they were trying to teach. The videos, some done by Jay, and some done by James, would often times contradict eachother.

The basic idea here is they are theorizing on Amazon to eBay arbitrage with a slight twist.

What is that slight twist?

That you can use a site called Purse.io to get even BETTER deals on stuff from Amazon,
if you pay with Bitcoin.

James says the 'sweet spot' in savings is 23%. Jay says the sweet spot is 13% to 15% savings. Its fairly obvious they have no idea WHAT the real sweet spot is, because they probably tried this method maybe once in order to create an entire course around it.

Who knows for sure if there are ANY savings from this Purse.io site. I know this to be 100% certain:

be VERY VERY careful when dealing with these new sites that seemingly pop up daily that
supposedly do transactions with Bitcoins, and trade you money or goods for Bitcoin. Purse.io is no exception. I would be really careful dealing with these guys as these bitcoin related sites often go down with NO warning whatsoever.

If they take your bitcoin, and deliver you nothing, who do you report it to? If they close down tomorrow, who do you go to? If the person on the other end of the transaction doesn't follow through and deliver your product to your buyer, what recourse do you have?

Jay himself mentions that some transactions on Purse.io you can't count on.

Anyway, with that disclaimer out of the way, getting back to the main method.

Jay mentions that all the Fees from Paypal, Amazon and eBay can total between 15% to
17% for one of these transactions. If you are able to save 15% by purchasing at Purse.io, where does that leave you as far as profitability?

Right at exactly ZERO profitability for a lot of work.

What if you only save in the sweetspot Jay mentions at Purse.io, like 13%?

You are LOSING money for all your work.

There is one other Key thing that both these knuckleheads forget to even mention!

THERE ARE COSTS ASSOCIATED WITH OBTAINING BITCOIN IN THE RANGE OF 3% to 5%!

They act as if you can just get bitcoin with no transaction costs at all...

Pile the Bitcoin transaction costs, on top of the Amazon, Paypal and eBay Fees, and suddenly you have to get your item at Purse.io for 25% OFF.... AND THAT IS JUST TO BREAK EVEN!

Now, you factor in the risk of dealing with the unknown people behind the scenes at Purse.io. What is that risk factor? Im not sure, but I'd guess 10%-15%, perhaps higher.

All of this leads to, in my opinion, another steaming hot pile of theoretical garbage by Mr. Renouf.

Again, if you are able to float all the risk, and do a successful transaction with this method, best of luck.

For me, way too many transaction fees piled on top of a ton of risk at nearly every turn.

BHB

[schnisz]

interesting. I'm a little confused, do you wait for it to sell on ebay before you actually buy it on purse?