Increasing Arbitrage between Gox and BTC-e / Bitstamp

The difference between Mt. Gox prices and those of other exchanges is becoming extreme, close to $200. I believe the Gox - Huobi arbitrage is similar.

Note the Gox price (purple area) is on a different scale to the arbitrage values. Mouse over the chart to read the price difference figures in the top left.

For more information on this situation, I recommend this blogpost by a trader here (please remind me of your nick): theblogchain.com/2014/01/24/mtgox-is-mtvesuvius-the-full-story/

Here is another look at the spread between Gox and other exchanges: coinometrics.com/bitcoin/dispersion

This website shows stats on failed Bitcoin transactions from Mt. Gox: thegoxreport.com/

Finally, this chart shows highly lopsided bid to ask order depth on Mt. Gox: blockchained.com/depth_mtgox.png

For these reasons, I consider it risky / illogical to follow Mt. Gox as a leading market, no matter how their high price goes.

Aviso legal