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Old 11-20-2013, 09:42 AM   #174
HonestTea
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Quote:
Originally Posted by SkinnyPupp View Post
Should be some easy arbitrage if you have a bank account in China you can withdraw to

Buy 8.88 of BTC downtown @ $450 per ($4000 CAD)

Transfer to an account at btcchina.com

Sell 8.88 for $4000 RMB each (35520 RMB)

Transfer back to CAD ($6096.37)

Boom, $2000 profit in 10 minutes, minus some fees (probably 0.02% when you sell and buy)
This is pretty interesting! Have you tried it Skinny?

Can't you just find a friend from China and do it? Lol
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