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David_Gerard comments on Look for the Next Tech Gold Rush? - Less Wrong Discussion

34 Post author: Wei_Dai 19 July 2014 10:08AM

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Comment author: evand 20 July 2014 12:24:02PM 2 points [-]

I find it more surprising that the bogus price on Mt Gox was not fully tracked by other exchanges. I thought about trying to arbitrage that for a little while, before deciding that was a context where I basically trusted the EMH and took it as a signal to move out of Mt Gox.

Comment author: David_Gerard 20 July 2014 02:05:50PM 1 point [-]

Yeah, there was a certain spread for the difficulty already present at the time in getting one's money back out of Mt Gox.