LiteCoins on Ebay selling for silly money. Is arbitrage a real word. There is something stopping traders from bring down the price.
Or is there a problem with Ebay themselves.
There is a lot of reasons why the price is at a premium.
(1) The speed to get money in.
(2) The cost ebay and paypal charge for the transactions.
(3) The risks the seller has to take against charge backs.
Honestly, for me, just not worth it. But if you are willing to take the risks, you can make serious money playing the arbitrage.