Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
johnny211
on 29/03/2014, 03:56:32 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

Doubtful the guy would not notice someone arbing his coins away Smiley