Post
Topic
Board Speculation
Re: the last 3 days price, the huge arb space
by
Nagle
on 10/12/2014, 18:14:58 UTC
Bitfinex often has a leading price, or sometimes is LakeBTC step ahead, no matter, the key is that price gap usually is $10 between them and BTC-e.
This tells you what the real costs of Bitcoin transactions are. Looks like they're about $10 per round trip, in and out of Bitcoin, or, at current prices, about 3%. This is an inefficient market by modern financial standards.