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Mt. Gox premium is due to the delay and difficulties of getting USD out. This makes arbitrage difficult if not impossible.
by david4096 13y ago
Mt. Gox premium is due to the delay and difficulties of getting USD out. This makes arbitrage difficult if not impossible.
- jankins 13y agoThat makes sense, thanks. I wonder if a window of opportunity could open up if Mt. Gox service improves, or if there's a price difference at which arbitrage would become plausible. I did notice there's only a cent difference between the current Coinbase and Bitstamp prices. Just academic thinking, I don't think I'll be playing the market any time soon.