Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JorgeStolfi
on 29/03/2014, 03:54:08 UTC
Apparently arbitragers have their own "exchange rate" that has been more or less fixed at ~6.10 since Jan/15.
Who knows, perhaps there is only one arbitrage algorithm working between China and the West, with the exchange rate "6.10" hard-coded, and the owner did not notice that it has changed.  Cheesy