samson
Legendary
*
Offline Offline

Activity: 1708
Merit: 1018


View Profile Personal Message (Offline)

Ignore
May 15, 2013, 10:26:40 PM

With all this bad news and lag surrounding MtGox, why haven't people been leaving? Is it fear of lower liquidity? Chicken-or-egg problem? Catch-22? (all the same thing I believe)

It may be the fact that people have a lot of faith in Bitcoin. And since Mt.Gox can't pay out  $'s at the moment they are just holding on to their BTC instead.

MtGox can pay out US$'s at the moment via wire transfers.

This is the normal way of making large international payments.