https://www.reddit.com/r/btc/comments/415l41/market_volatility_and_arbitrage_possibilities_at/
Calculation for making almost $1000 with this arbitrage possibility.
* Buying 30 btc at [Coinbase] https://www.coinbase.com/ (current price: $361)
* Selling 30 btc at [Bitcoin Magnet] https://www.bitcoinmag.net/ (current price: $394)
* Total profit: $990 (fees not calculated)
are there any proofs that this works?
Look at the thread on reddit.
Here are the proofs:
trade 1: https://blockchain.info/tx/b91ba93f9c79916091dabae62f270a2098ba63a17cf0b9d96bafa10e781278b3
trade 2: https://blockchain.info/tx/89707ce4a0d74884ad5b9caf1534b1736eef0c00ad7c92b84f0c91a217d72bf5
pictures of the trades:
http://imgur.com/P8mFKiB
http://imgur.com/5um4shR
both payments from PayPal payment: http://imgur.com/cnW3mkx