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Title: huge arbitrage opportunity Post by: grue on June 29, 2011, 02:42:31 PM tradehill price: 17 USD
cavirtex price: 16 CAD (1 CAD = 0.97107 USD) amount available for under 17 CAD: 248.1016 btc Title: Re: huge arbitrage opportunity Post by: stic.man on June 29, 2011, 02:58:31 PM what are your profits after all the fees there? pennies?
Title: Re: huge arbitrage opportunity Post by: grue on June 29, 2011, 03:40:54 PM what are your profits after all the fees there? pennies? cavirtex is fee free, and trade hill has 0.3%.Title: Re: huge arbitrage opportunity Post by: dinzy on June 29, 2011, 04:44:44 PM I would hardly define that as huge.
Title: Re: huge arbitrage opportunity Post by: Nagle on June 29, 2011, 06:24:55 PM All the Bitcoin exchanges pay out cash rather slowly. So you can't sell on exchange A, move your cash quickly, buy on exchange B, and repeat, using the same capital. That cycle takes days, rather than minutes. This limits arbitrage.
Title: Re: huge arbitrage opportunity Post by: Ellen Alemany on June 30, 2011, 01:57:29 AM [Removed]
Title: Re: huge arbitrage opportunity Post by: smell on June 30, 2011, 05:41:03 AM Not to mention that cavirtex does not take deposits at the moment of anything except bitcoin.
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