look at the whole risk. You have to leave $ on these exchanges to take advantage of an arbitrage opportunity but so many exchanges hacked...
There's about 400BTC at approx 11.10. You could have sold for maybe 11.30. Subtract 1% fees:
print 400*((11.30-11.10)-(11.20*.01))
35.2
So you are making 35 bucks on this unprecedented 160k bidwall, if you are willing to expose yourself to 4500 USD constant risk.
Topic: Still Great arbitrage opportunities on bitstamp and btc-e (Read 1855 times)
How can there still (2,5 hrs after the 160k BTC ASK wall was placed at 10.70$)
did you mean bid wall?
How can there still (2,5 hrs after the 160k BTC ASK wall was placed at 10.70$) be so many BTC for sale below 11.1 $??
(Before the erection of that wall price hovered around 11$)
Current MtGox price: 11.35$ and rising..
(Before the erection of that wall price hovered around 11$)
Current MtGox price: 11.35$ and rising..
Jump to: