24hr volume on Gox is about 1600. Is that a new record?
Is that a full day? Yesterday's was around 6000 BTC I think.
Presumably many naive investors still choose to sell their BTCs at Mt.GOX because of the 130+ USD price difference. But every transaction has two sides, and neither novice nor expert would want to buy at that inflated price. So who is buying those new coins?
The theory here seems to be that the buyers are old customers trying to get their money out via BTC, since they can't get it through USD.
But, is that plausible? Methinks that an investor would rather wait for six months to get all his money out, rather than take a 13% loss. Even if he needs some of the money right now, wouldn't it be be cheaper to get a loan?