Hi folks,

I see that the bitcoin price on Bitstamp is pretty consistently about two dollars lower than on Mt.Gox.

I guess there must be something I don't understand, since this price difference would seem to make it possible to make money just by buying bitcoins on Bitstamp, transferring them to Mt.Gox, and selling them there. Even taking the brokerage fees on both ends into account, one would still come out ahead by doing this.

If anyone knows, could someone explain what I'm not understanding?

Thanks.