Extremely Potent Arbitrage Opportunity between USD/BTC/EUR

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With USD/EUR trading at 1.19/1, the BTC EUR exchange is over extended by 7%. To put arbitrage in layman's terms for new investors, $9900 USD buys you 1 bitcoin, which you can sell for 8900 Euros.. which you can convert to 10,500 USD on the FX markets.