In the last 10 mins, there were arb opps spanning 14 exchange pair(s), yielding profits ranging between $0.00 and $716.76
The decline in Coinbase is due to the GDAX. The other day, they closed their position for those who had a margin account because they did not care. My guess is that the price is lower because there is more than a long amount, but the difference closes over time.
$2100 by tomorrow of course
now Australia will legalize Bitcoin too, that means some more million people will join Bitcoin eventually and price will go to the moon
Bitcoin has never been illegal in Australia, taxation has been unknown and vague, but never illegal.
<- Aussie who has been in bitcoin since 2011
Edit: We are a pretty conservative bunch as well, there is never going to be a million of us with bitcoin anytime soon. I've been telling friends about bitcoin for 6 years, talking about the stupid amounts of money I've been making, not one has bought any themselves yet.
Same exact thing happened to me... But now I have some friends that ask me to give them some BTC, and I just laugh in their faces.
Some countries may be distanced from crypto money under the name of money laundering. If you live in Australia, you can see the same treatment, but for example Japan has accepted it.
.....
Korea is used to red candles. Their currency devalued by 50% overnight in the '98 asia currency crisis:

The USD will probably have an event like this in the near future where they devalue the dollar vs gold by an astronomical amount overnight. #physicalsilverbitchez
Arbitrage opportunities in South Korea are too much, as we can understand from the graph, we can open accounts from the South Korean stock exchanges.
Of course each country has the conditions of stock exchange, maybe Arbitrage is not possible.