Hello
Please I need to know one question and it's important
If I deposit 5000 eur via wire transfer to BTC-E (cheapest way for this amount) and I buy BTC then send to Bitstamp and sell BTC and withdraw to bank
If arbitrage between BTC E and BITSTAMP is 2% ( the 2% of 5000 =50 eur profit) rest 15 eur of wire trasnsfer and maybe 10 for costs and withdrawal, this is net profit of 25 eur
Can I do that continiously depositing in BTCE and withdraw in BITSTAMP? What is the bad part of this idea? the will stop you or what?
It works in general, but there are still some risks with your plan and you won't make as much as you expect in the end. For example, in the hour it takes to transfer the bitcoins from BTC-e to Bitstamp, the price could drop 2%.