[ExI] Bitcoin

[Kelly Anderson]

On Sat, Nov 23, 2013 at 1:38 AM, Brent Allsop <brent.allsop at canonizer.com>wrote:

>
> Kelly,
>
> Try it.  You'll quickly find that it is (or soon will be) exactly as
> difficult (or time consuming) as the price difference.  I buy it on
> Coinbase.com, because it takes me a week to get the money to a cheaper
> exchange, and by then, the price of Bitcoin could be double.
>
> Just like when Argentina outlawed Bitcoin, because of their inflation.
> The price of Bitcoin went up in that country, exactly proportional to how
> hard it was to get around the laws.
>
>>
Well, the spread between the Chinese bitcoin and  some of the other
exchanges is up to $174 this morning. It just seems unbelievable that there
isn't a pile of money to be made, if you can figure out how to move on it
quickly enough. Now, if they hold onto your coins for two weeks to do the
transaction it wouldn't work... maybe that's the issue.

-Kelly
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