prophetx
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he who has the gold makes the rules


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October 22, 2013, 09:42:02 PM

The spread between Gox and Bitstamp is the smallest its been in a while, percentage-wise. Its only around 5%. this either means that Gox isn't high enough & will go higher in the future, Bitstamp is too high, or perhaps the arbitrage channels are opening up again.

well, if Gox is selling BTC it does not have that % difference should be going down.

exactly, dump some fractional reserve bitcoins on the exchange and suppress the price. oh, Gox!  Smiley

trivia question:

when was the last time that the price divergence between gox and bitstamp was this thin, and what happened in the days following?