Bitcoin's value in Venezuela and how to take advantage of it

If you intend to be a trader, always search for arbitrage opportunities.

At the moment one bitcoin goes for ~$5000 in Venezuela.

This creates an arbitrage opportunity. Basically we can buy on American exchanges, and sell on Venezuelan exchanges (where international clients are accepted).

submitted by /u/poilot
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from Bitcoin - The Currency of the Internet http://bit.ly/2QLRPuq