I've been arbing for a couple months now and it has been quite successful. Problem is sending the money around the globe via wires.
If only we didn't need banks permission to send our money where we want it to go
Its all talk. People claiming they are arbing and making money. What are we talking here?
I'm doing between 5% and 50% per day, however because of the bank and their rules everything has come to a halt until the issues get resolved. Apparently sending thousands of dollars a week internationally is not allowed by an individual.
I think the "secret" is live in a small country that has a brand new exchange(s) and get in early. I've already said too much here now.
Peace.
I see this post all reply, but i don't the Negative Balance exist or not on mtgox.com & bitstamp & lakebtc.com?