> The article talks about the slow transaction time being a barrier to arbitrage. The article is wrong on many levels. You don't need to transact (or even own)

> The article talks about the slow transaction time being a barrier to arbitrage. The article is wrong on many levels. You don't need to transact (or even own) bitcoins in order to arbitrage. You can just buy/sell and open short/long positions via the exchanges websockets API... Not WallSt speed, but a decent speed for any self-made bot vs point&click traders.