First, Mt. Gox positive arbitrage was explained by illiquidity in moving cash out of Gox.
Now, Mt. Gox arbitrage is negative when it's clear funds have disappeared in the void.
DOES NOT COMPUTE.
Was gox playing the market all along, keeping a high arbitrage (selling high) to themselves while cashing out on other exchanges?
Now, Mt. Gox arbitrage is negative when it's clear funds have disappeared in the void.
DOES NOT COMPUTE.
Was gox playing the market all along, keeping a high arbitrage (selling high) to themselves while cashing out on other exchanges?
It would have to be the other way around.
Karpeles & Co buying from other exchanges and selling high on Gox as the rush was on to get Goxbux turned into BTC and off the platform, making a big bag of swag before letting the platform fold.
Bitcoin is simply a microcosm of the 'real' financial world. Dominated by greedy reckless fucking crooks except without even a semblance of a regulatory force that is meant to be keeping watch over their activities.
Has the fat fucking rat even made a public statement yet?