exchanges insiders are the worst thing .. because they're not ethical .. by making an analogy how information latency is important let me give an example ... I was watching the world cup 2014 in different websites ... some of then have 2 minutes latency ... I could know the score about 1 minute before my neighbour ... Now imagine me and my neighbour are betting in "real time" who going to score first ... network latency makes all technical analysis / astrology almost useless ...
High frequency traders lease spots as close to the exchange servers as possible for vast amounts of money in order to have the fastest latency possible.
Do you think something like this goes on yet with bitcoin?
Unlikely due to the fact that the exchanges are so far apart geographically.
