[ExI] Bitcoin

[Mirco Romanato]

Il 23/11/2013 20:19, Kelly Anderson ha scritto:
> On Sat, Nov 23, 2013 at 1:38 AM, Brent Allsop
> <brent.allsop at canonizer.com <mailto: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.

Currently, the only way to arbitrage is to get on an airplane with cash
in Japan and go to Europe and deposit the cash at the bank (better if it
is the same of Bitstamp or BTC-e).

Or finding someone needing Yen in Japan that have € in Europe.

Mirco