Volume of Bitcoins traded at Mt.Gox is still high - 24h: 10,894,918 USD

[darius2020]

Does it mean Mt.Gox's recovery ?

http://markets.blockchain.info/

from the above


BITSTAMP    575.91
high: 601.75 low: 530.01 avg: 569.33
vol 24h: 22,066,464 USD
MT.GOX    136.50
high: 160.00 low: 91.50 avg: 122.87
vol 24h: 10,894,918 USD
BTC-E    560.00
high: 584.30 low: 514.15 avg: 551.15
vol 24h: 13,886,158 USD
CAMP BX    565.03
high: 640.00 low: 510.00 avg: 552.56
vol 24h: 247,952 USD

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[miketonic]

I'm confused.. Is mt gox operating or not? Can you deposit or withdraw money from there? And if it is operational, why is the price of BTC so low there compared to other exchanges.

[darius2020]

My friend calls Mt.Gox Office Europe from time to time to get latest updates.

[Lauda]

I'm confused.. Is mt gox operating or not? Can you deposit or withdraw money from there? And if it is operational, why is the price of BTC so low there compared to other exchanges.

You can't withdraw anything from there.
You should not try to use it.

[darius2020]

Do you mean daily trade volume of > $10,000,000 at Mt.Gox is purely virtual ?

[Lauda]

Do you mean daily trade volume of > $10,000,000 at Mt.Gox is purely virtual ?

No. People are panicking and the price is going down with many trades happening. It might even be Gox buying coins from their customers at such a cheap rate.

[aakashkumar]

Do you mean daily trade volume of > $10,000,000 at Mt.Gox is purely virtual ?

Its not virtual as per https://bitcoinbuilder.com/  . 

", they do allowed (verified) accounts to send BTC to addresses that are deposit addresses for other mtgox accounts!"   

[Struck89]

The money flows in with a bank transfer. But does not go out. I made the transfer because I saw the price drop, and I believed them when saying that they would allow afterwards to withdraw the coins.

Now I think my only chance to get part of my money back is with bitcoinbuilder. But in the mean time I am playing to buy and sell with the little price fluctuations. Could be that many people is doing the same as I do?

[keithers]

No, it means that the IOU bitcoins are still rapidly changing hands between Gox users.

[bananas]

The money flows in with a bank transfer. But does not go out. I made the transfer because I saw the price drop, and I believed them when saying that they would allow afterwards to withdraw the coins.

Now I think my only chance to get part of my money back is with bitcoinbuilder. But in the mean time I am playing to buy and sell with the little price fluctuations. Could be that many people is doing the same as I do?

You made a bank deposit? They told me today wire transfer is not available(other funding methods are);

[Lauda]

The money flows in with a bank transfer. But does not go out. I made the transfer because I saw the price drop, and I believed them when saying that they would allow afterwards to withdraw the coins.

Now I think my only chance to get part of my money back is with bitcoinbuilder. But in the mean time I am playing to buy and sell with the little price fluctuations. Could be that many people is doing the same as I do?

Never believe Gox.

[smoothie]

"volume of bitcoins TRADED"?

How about MTGOXBTC "SOLD"?

[Lauda]

"volume of bitcoins TRADED"?

How about MTGOXBTC "SOLD"?

90-95% minimum.