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RE: Cryptanalysis: Bitcoin arbitrage a big draw, but pitfalls seem bigger.The spawning of bitcoin exchanges is throwing up big opportunities for arbitrage in prices, of no less than 10-13%.
Opportunists and traders have been doing gold arbitrages for decades and this old tradition has been extended into the world of cryptos. Arbitraging is a highly time consuming feat but there will always be people wanting to make a fast buck out there.