[neffy]

I rather suspect if it was possible to arbitrage the crypto´s, then we wouldn´t be seeing these kinds of fluctuations.

[dmichulke]

While I mostly agree with your take, there is always that joke that reminds me it's not true:

Two economists walk down the road.

E1: look, a 100$ bill over there!

E2: if it were one, somebody would have picked it up already!

E1: nods