> 15 dollar arbitrage between bitstamp and gox right now??? 15 dollar arbitrage between bitstamp and gox right now??? thats ridiculous, anyone know why?
> Because MtGox is a money black hole, absorbing all your money and refuse to pay back. The only way to exit is to buy bitcoins there and sent them elsewhere, this explains the consistent buying pressure there. An arbitrage is meaningless if your money cannot leave, right?
> Because MtGox is a money black hole, absorbing all your money and refuse to pay back. The only way to exit is to buy bitcoins there and sent them elsewhere, this explains the consistent buying pressure there. An arbitrage is meaningless if your money cannot leave, right?
https://bitcointalk.org/index.php?topic=273410.0
People including me saw the signs and exited.