Post
Topic
Board Altcoin Discussion
Re: What Litecoin means for Bitcoin (and crypto in general) once it's on Mt.Gox
by
tycho
on 24/06/2013, 20:47:41 UTC
^ He never argued that arbitrage is unhealthy. I think you misunderstood his post. He's saying that having multiple BTC-based blockchains doesn't better enable one to take advantage of fiat-BTC arbitrage opportunities.

Ah, his use of the word "combated" leads me to believe otherwise. Seems you're right about the fiat-BTC arbitrage, though. In any case, the BTC/USD rates of e.g. btc-e and vicurex are typically a lot closer than btc-e and mt. gox, presumably because there is alt-chain enabled arbitrage, so hopefully it's a non issue.