Furthermore, numbers DO NOT LIE. The huge spread we have witnessed between Gox and the others comes for a reason. Sturle tried to convince us that he was making loads of money doing arbitrage, implying that the spread existed only because people is stupid and was not using the situation to their advantage because of fear, uncertainity and doubt. But let me tell you something: that's BS. Markets do not work that way. If there is a 20% arbitrage opportunity, which basically means "free money", arbitrageurs will take the opportunity and the gap will close almost instantly. If that doesn't happen, it is because it is simply not possible. I tried myself, for Christ sake, and I failed miserably because you cannot simply do arbitrage in such a volatile market if your funds are stuck on one of the ends FOR WEEKS.