NewLiberty
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Gresham's Lawyer


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December 19, 2013, 08:56:41 PM

Funny you should say that given you're the one mostly looking at BtcChina and claiming all the other exchanges have to adapt to their low price.

There cannot remain such discrepancies in price. Since btcchina cannot follow price on other exchanger. Chinese and their arbers will arb to take the gift of an insta profit.
Price will level out, with max 5% difference, to the downside on other exchange and upside on btcchina. So around 8-10% less in the coming days on stamp irrespective of coming price fluctuations.
I'm still having a hard time figuring out how arbitrage is happening. The price difference would necessitate people looking for ways to do it, but how? Do you mean Chinese traders dumping on western exchanges? Can they get their fiat?

Multinational companies exist.