Mtgox volume?

[Zem]

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?

[1713280796]

1713280796

[epii]

Number of bitcoins traded through the site (in the past 24 hours, I presume).

[steelhouse]

You can go to bitcoincharts.com and see 30 day volume is over 1,000,000 BTC.

[Zem]

Ah so it's volume traded. Gotcha, makes more sense now.

[wb3]

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".

[Stephen Gornick]

For reference, this chart shows trading volume in USDs:
  - http://bitcoincharts.com/charts/mtgoxUSD#rg60zvzcvzm1g10zm2g25