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Title: How long does it take to arbitrage between Huobi and Bitstamp? Post by: Bitcoin_is_here_to_stay on March 04, 2014, 01:33:36 AM Currently, Bitstamp is $46 higher, couple days ago there was sustained difference between them of about $26. Clearly, this is much more than Bitstamp trading fees so I thought perhaps it is the time barrier that allows such discrepancies to sustain. Any thoughts?
Title: Re: How long does it take to arbitrage between Huobi and Bitstamp? Post by: Bitcoin_is_here_to_stay on March 04, 2014, 02:41:28 AM Bump ... spread is even >$50 now ... any thoughts?
Title: Re: How long does it take to arbitrage between Huobi and Bitstamp? Post by: theonewhowaskazu on March 04, 2014, 02:50:33 AM Good luck getting CNY into USD....
Title: Re: How long does it take to arbitrage between Huobi and Bitstamp? Post by: Walsoraj on March 04, 2014, 03:02:21 AM Bump ... spread is even >$50 now ... any thoughts? There is only one explanation. Insider trading based on Stamp's intention to disable fiat withdrawals. Title: Re: How long does it take to arbitrage between Huobi and Bitstamp? Post by: DPoS on March 04, 2014, 03:13:02 AM I have best luck by mule caravan.. takes about 3 weeks but not much paperwork ;D
Title: Re: How long does it take to arbitrage between Huobi and Bitstamp? Post by: Bitcoin_is_here_to_stay on March 05, 2014, 08:48:20 AM Bump ... spread is even >$50 now ... any thoughts? There is only one explanation. Insider trading based on Stamp's intention to disable fiat withdrawals. Lol, it does look a bit like Mt Gox situation while ago - but Bistamp was supposed to be the good one, trustworthy and honorable, blah, blah, blah ;) Title: Re: How long does it take to arbitrage between Huobi and Bitstamp? Post by: Bitcoin_is_here_to_stay on March 05, 2014, 08:50:34 AM Good luck getting CNY into USD.... What do you mean? And the spread was reaching about 10% of the price at times - surely a cost of exchanging CNY to USD cannot be that bad? Although I see your point, one would loose a bit moving CNY -> USD. On the other hand, Huobi and Bitstamp prices used to be very similar - so that effect seemed not to matter much just a couple days ago? Title: Re: How long does it take to arbitrage between Huobi and Bitstamp? Post by: Bitcoin_is_here_to_stay on March 05, 2014, 08:53:29 AM I have best luck by mule caravan.. takes about 3 weeks but not much paperwork ;D Lol, that explains a bit. Funny how a bitcoin economy is a mixture of ultra modern with things like Gox's "switching to manual processing withdrawals to make things faster", that is to last only couple of weeks... I am still intrigued while the spread become so substantial in the last couple days - and I cannot stop thinking that it looks like new Gox, although I admit it is rather paranoid. Only time will tell, but much less inclined to send my fiat to Bitstamp :( Title: Re: How long does it take to arbitrage between Huobi and Bitstamp? Post by: DPoS on March 05, 2014, 09:24:00 AM Stamppped is the new Goxxxed
Title: Re: How long does it take to arbitrage between Huobi and Bitstamp? Post by: fonzie on March 05, 2014, 09:30:09 AM We already had a gox-like "glitch" in their trading engine, multiple reports about BTC withdrawls that take more than 1-2 hours to proceed. We have the Goxxish premium(30-60$).
My FIAT withdrawls took 12 days to complete a few days ago, the last time i tried it(3-4 months ago) it never took more than 1-2 days. Bitstamp RxIxP 2014..... |