Can someone please arbitrage BTC-e from bitstamp...!!!
Seriously $4-5 difference in price is really messed up.
BTC-e needs more liquidity since they have a massive demand for bitcoins and a surplus of fiat...
there was times when $10+ difference were common.
I guess there is a good reason for such difference otherwise the arbitrage bots would let it happens
If you look at long term charts with all the exchanges prices superimposed on top of each other you can see that btc-e prices are typically far below all the other exchanges. There cannot be arbitrage profits to be made if the price difference is normal in the long term.