Quote:
Originally Posted by keysync
Can you buy into an exchange like btc-e and then sell them at mtgox. Transfer the $ rinse repeat?
MtGox is always a good margin higher than btc-e
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If it was that easy everyone would be doing it.
Last I read there was a severe (1-2 months) backlog of USD withdrawal requests on mtgox. That's why the mtgox price is higher... you can speculate, but you can't cash out.