Post
Topic
Board Trading Discussion
Re: Hypothetical Arbitrage Question
by
krudkeeper
on 01/02/2014, 01:55:57 UTC

Your profit depends on the btc price in 6 or more months, rather than fee. MtGOX btc is like combination of 6 or 12 months CDs and future contract, which you cannot withdraw for deposit terms. Also, you need to be patient against default risk and frustration for their nontransparent support, which is like seller of CDS or buyer of junk bonds.  Wink That's why you can expect higher return than spot forex.



Why does it take so long? Their forum walk-through says about 5 days for initial bank information verification.