Topic: Arbitrage test (Read 567 times)
Way back when wires worked, they were costing about $30. So I'll wait until I have a few more transfers and do them all for a single wire cost.
Haha good job. And assuming Mt Gox doesn't prove insolvent, you'll be $96 richer. Well, actually when you subtract wire fees, more like $25 richer.
I had some USD on CampBX and some BTC on MtGox, so I thought I'd do my part at lowering the spread between CampBX and MtGox.
Bought 8.6 btc @ $116.00 on CampBX for $1003
Sold 8.6 btc @ $128.49 on MtGox for $1098
Profit: $96
Although now my USD is stuck in the black hole that is MtGox, but hey, I did my part!
Bought 8.6 btc @ $116.00 on CampBX for $1003
Sold 8.6 btc @ $128.49 on MtGox for $1098
Profit: $96
Although now my USD is stuck in the black hole that is MtGox, but hey, I did my part!
Jump to: