Arbitrage between Bitstamp and Bitcoin.de?

[manicminer]

Can you enlighten me about market forces that makes prices on Bitcoin.de consistently higher (about 4 to 5%) than on Bitstamp? Since, say, last week since price dropped to near $500 and I began to closely watch.

[bounst]

the fee is not cheap, little arb could do

[manicminer]

the fee is not cheap, little arb could do

Difference in price is around 4-5%; fees are around 1%.

Me personally am not so much interested in the arbitrage business just interested in how market mechanisms work here.

[joesmoe2012]

There is a small arb opportunity here, but its not easy to automate with bitcoin.de as far as I remember.

Additionally bitcoin.de is only available to residents of germany last i checked?

[manicminer]

There is a small arb opportunity here, but its not easy to automate with bitcoin.de as far as I remember.

"Me personally am not so much interested in the arbitrage business just interested in how market mechanisms work here."

Additionally bitcoin.de is only available to residents of germany last i checked?

Not true.

[joesmoe2012]

There is a small arb opportunity here, but its not easy to automate with bitcoin.de as far as I remember.

"Me personally am not so much interested in the arbitrage business just interested in how market mechanisms work here."

Additionally bitcoin.de is only available to residents of germany last i checked?

Not true.

What is it just EU residents then? I remember getting my account frozen as an american ages ago.

[itsAj]

I generally would recommend against trying to arbitrage. When you attempt to arb you are really exposing yourself to a lot of risk as you are not 100% sure that either exchange will be able to pay out your fiat and BTC. I would also guess that 90%+ of bank accounts that are closed are at least somewhat related to people trying to use their bank accounts to facilitate arbitrage.

[Xer0]

yes, most banks will kick you with 4-digit sums going in&out daily
except you have a corporate account and some bank stuff license

[itsAj]

yes, most banks will kick you with 4-digit sums going in&out daily
except you have a corporate account and some bank stuff license

I don't think it is so much about how much money you have going into and out of your account, I think the amount that you have going into and out of your account when compared to the total amount you have on deposit with them and the total amount of your income. If you make $300,000 per year, then it would not be unexpected to have $2,000 (or more) get deposited and withdrawn every week, but if you only make $50,000 per year, then $2,000 per week getting deposited is more then twice the amount of your pretax income.

[BTCjust]

fees not only from the exchange, you have clear up all the costs, such as bank

[cozytrade]

Bitcoin.de is EUR based as opposed to Bitstamp being USD.
What forex exchange do you use and commissions/spread  are?

Can you enlighten me about market forces that makes prices on Bitcoin.de consistently higher (about 4 to 5%) than on Bitstamp? Since, say, last week since price dropped to near $500 and I began to closely watch.

[GreenCoin22]

Bitcoin.de is EUR based as opposed to Bitstamp being USD.
What forex exchange do you use and commissions/spread  are?

Can you enlighten me about market forces that makes prices on Bitcoin.de consistently higher (about 4 to 5%) than on Bitstamp? Since, say, last week since price dropped to near $500 and I began to closely watch.

This is the most serious problem