Reason for Mt Gox Bitcoin Price Increase?

[coinking]

Up $100 in the last 45 mins.. anything going on we should know about?

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[davidpbrown]

If people are buying, they can't buy for less than sellers are offering. No surprise then if it's open, that it will pull up to where sellers are set to sell. See also http://bitcoinity.org/markets/mtgox/USD

[romerun]

bottom was hit that's why

[ladbroke12]

might have something to do with the account login notifications they just started sending out on each login.. makes it look like something is happening in the background

[indiekiduk]

Up $100 in the last 45 mins.. anything going on we should know about?

in an interview the CEO described their fix and how they are being pro-active about trying to get other exchanges to apply the same fix. So it seems BTC transfers out will be enabled again soon which means people will be exchanging their fiat for BTC in preparation for transferring out. The price might skyrocket over $1000 under heavy demand so the current spike is people trying to get in early.

[hgamezoom]

Up $100 in the last 45 mins.. anything going on we should know about?

in an interview the CEO described their fix and how they are being pro-active about trying to get other exchanges to apply the same fix. So it seems BTC transfers out will be enabled again soon which means people will be exchanging their fiat for BTC in preparation for transferring out. The price might skyrocket over $1000 under heavy demand so the current spike is people trying to get in early.

Can you share the link about this interview?