With all the recent news obviously I'm glad I didn't decide to buy on Gox! The difference in what I'm talking about is that Bitcoin was selling for $135 on Gox

With all the recent news obviously I'm glad I didn't decide to buy on Gox! The difference in what I'm talking about is that Bitcoin was selling for $135 on Gox while simultaneously selling on other exchanges for $700. That's a hell of an arbitrage opportunity. Browlcoin may one day be a steal at $75 but the problem is that it currently has no recognized value anywhere. So that would be speculation, not arbitrage.