Hey there,
is it possible to buy BTC cheaply at one exchange and sell it more expensive at another one? It seems to me that it might be actually possible.
What are challenges? Are people doing this?
Thank you!
Well, it is possible! ATM there's $50 difference between Btc-e and Bitstamp, but arbitraging BTC is painful. long confirmation hours may kill your chance. better do it with altcoin which has faster confirmation time.