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It's interesting how quickly its fallen even since this article was posted. It looks like it's around 150 now.

..and 5 minutes later, its back up to $190 USD/BTC.

It's not a matter of being up $40 in 5 minutes. The spread is actually $40.

Edit: Erm, the above was true a while ago. More recently there were standing orders on both sides around $190, but only 20 btc of liquidity on the bid side between $190 and $150.

Edit more: Seeing this again, $44 spread from $106 to $150.

Probably a result of the lag of the trading engine. Neither side of the transactions have up to date information and if there is more selling than buying in such a situation then the spread will be great.

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