[uncensored-r/Bitcoin] Flipping coins between exchanges?
The following post by GGSirRob is being replicated because the post has been silently removed. The original post can be found(in censored form) at this link: np.reddit.com/ Bitcoin/comments/7jzy61 The original post's content was as follows:
Since the price is pretty different on various exchanges ~1k per coin or more. Isnt it possible to flip coins between exchanges? Basically buying coins at one exchange, transfering it to another exchange and selling it there? There must be a limiting factor I am overlooking, right?
Bitcoin flips the script on 'smart money' following $11k breakout
Bitcoin’s breakout over $10,000 and then $11,000 hours later caught everybody by surprise, none more so than the ‘smart money’ investors. While the cryptocurrency’s market is gradually shifting towards the institutional class, with Bitcoin seen as an ‘investment’ rather than a ‘currency’ the shift is not as seamless as expected. Since May, the cryptocurrency was […]
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