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Zem (OP)
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May 24, 2011, 06:03:11 PM
 #1
Sorry if this is a stupid question but what is the volume number representing on mtgox? How many coins the site currently has or something else?
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epii
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May 24, 2011, 06:04:40 PM
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Number of bitcoins traded through the site (in the past 24 hours, I presume).
steelhouse
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May 24, 2011, 06:08:59 PM
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You can go to bitcoincharts.com and see 30 day volume is over 1,000,000 BTC.
Zem (OP)
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May 24, 2011, 06:11:56 PM
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Ah so it's volume traded. Gotcha, makes more sense now.
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May 24, 2011, 06:12:15 PM
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That is an important number to keep track of, however, an increase doesn't directly translate into more customers, just more trades. You can do some statistics to come to a closer approximation of "new money".
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May 24, 2011, 06:32:01 PM
 #6
For reference, this chart shows trading volume in USDs:
  - http://bitcoincharts.com/charts/mtgoxUSD#rg60zvzcvzm1g10zm2g25
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