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298 points vega_empire | 2 comments | | HN request time: 0.436s | source
1. artur_makly ◴[] No.15994465[source]
can someone explain this app in laymen's terms? is it an automatic sausage maker? or a slot machine?
replies(1): >>15994481 #
2. ReverseCold ◴[] No.15994481[source]
Arbitrage:

Person A is selling apples for $5 and buying for $4.50.

Person B is selling apples for $4 and buying for $3.50.

You buy apples from person B and sell to person A. Of course, this is a bit oversimplified- this project uses a few tricks to get around volatility.