[ExI] Bitcoin

[Eugen Leitl]

On Sat, Nov 23, 2013 at 12:19:20PM -0700, Kelly Anderson wrote:

> 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

Problem with arbitrage is that many exchanges are overloaded to the
point of unavailability, and many exchanges go down taking the funds
with them ( http://rt.com/business/banshee-bitcoin-vanish-china-601/ ).

Greed and lack of trust are poor bedfellows. 

> 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.