I was thinking about the incredible arbitrage opportunity between the bitcoin, eth, and other coins prices in US vs South Korea. It seems like there is big enough price difference to make it lucrative and very worthwhile to buy the coins in the US and send it to Korea to sell it there. The problem is getting the money out of South Korea but you just have to get creative. This seems like no-brainer. What am I missing?
EDIT: NVM, I just read about the South Korea's Financial Services Commission Chairman's speech on cracking down on bitcoin money laundering. I don't want to be involved when regulators are looking to put the hammer down on the practice.
There are arbitrage opportunities everywhere. I haven't taken a good look at them in awhile but Coinigy has a great market matrix of arbitrage opportunities.
Not sure if it's one that can be actively taken advantage of, but I've noticed a huge difference in price of SiaCoin between Poloniex and Bittrex, but that's probably because deposits/withdrawal in SC is probably not possible on Poloniex right now. I just haven't had the time to earnestly look into any arbitrage opportunities.
Then again, honestly until not too long ago, I hadn't a damn clue what arbitrage was in investments, though I had looked into the actual practice (without knowing the name) a few different times. But I always came away unable to formulate a method, with what I had, to actually make anything that made it worthwhile. Now that I have a stronger portfolio, it may just be time to get into that.