When 2 exchanges are $100 apart on BTC... (Mt.Gox vs BTC-E right now)

[b00m3rang]

What's to stop people from buying on one exchange and selling on the other over and over?

Shouldn't that equalize the price fairly quickly?

[LakeBTC]

What's to stop people from buying on one exchange and selling on the other over and over?

Shouldn't that equalize the price fairly quickly?

because ppl are sayin they cannot get usd out of gox for months ...

[Revelations86]

Who buys bitcoins from MT Gox?

[b00m3rang]

I didn't know all that about Mt.Gox.  Thanks for the heads up.  They seem to be listed in a lot of places as a reputable exchange... maybe that has changed.

I've only purchased through VirWox, buying SLL via PayPal, exchanging them for BTC, and withdrawing.  Is there a better way you'd recommend?  (Trying to find good info on the forum, but there's a lot to search through, and the 90sec search delay is painful).  Many of them either use questionable payment processors, or don't deal with US customers at all.

[jonanon]

Who buys bitcoins from MT Gox?

I think the peolple buying from Gox are the ones wanting to get cash out buy not wanting to wait months - all they can do is buy BTC and withdraw