It's a risk premium. They buy because of the risk, that such companies with such information policies evidently have a high risk of going bankrupt. You are denying these facts and against these facts you are promoting such irresponsible, misleading zombie-business-behavior.

I can't see any reason to be concerned about MtGox's economy at their current volume.  Their income is good and likely much higher than their expenses.  People have been claiming bankruptcy over the Dwolla seizures, but when the amount became public the size fit straight into Mark's description.  Not a problem.  CoinLab is in liquidation, and the suit was without any merit anyway.  They never did anything to get licensed as a money transmitter.  So far MtGox seems to be in good health economically.

Their information could be better, more precise and more updated, but so far I haven't had any problems staying informed by watching the right channels.  Just don't believe anything the trolls here tell you second-hand.

Please tell me which facts I am denying.

As I wrote above: It's a risk premium. You are denying the fact that such companies with such information policies evidently have a high risk of going bankrupt. The merchants (smart money) left gox already. They are not stupid.

The smart money are still on MtGox doing arbitrage, just look at the JPY and EUR volume recently for proof.  The big players are still there, just look at the total volume recently for proof.  MtGox's order book is currently 13.5 million USD deep on the bid side.  500k less than the most I have seen, which was 14 million USD.  And there are no other exchanges showing more depth due to money leaving MtGox.  Evidence shows that very little money is leaving MtGox, and their market share is very healthy.  Even increasing during the last few days.

You have to explain how a company with a very healthy turnaround and profit and a sustained market share > 50% can go bankrupt due to information policy.  Bitcoin exchanges have traditionally closed due to banking problems (most common) or technical/security problems (deleting wallet, security breach, etc).  I don't know of any exchange going out of business due to information policy.

Bitstamp are in direct violation of the law in both GB, where the company is registered, and in Slovenia where their bank account is.  Do you think any smart money are going there?  At least MtGox has the formalities in order in Japan where they are registered.  Customers from the USSA have some problems due to their own incompetent government agencies.  That's fortunately not a problem for me, but may be for exchanges dealing with US customers.  Better be 100% in line with local laws and regulation when that happens, or go the way of Bitcoin24.

People living hand-to-mouth are typically going to be at a dis-advantage in any financial endeavor.  People who are not can take advantage of extra opportunities.  Sometimes this advantage is even codified into law.  e.g., long term capital gains tax rates.

I would not necessarily characterize merchants as 'smart money', but rather that their business model puts them at a dis-advantage and can box them out of advantageous exchange rate situations.

these are all small withdrawals, what about 4 or 5 figure sepa withdrawals.

Probably, if I'd looked. :-)

It is looking very healthy.  Bids increasing since beginning of July, and more than 72k BTC on the ask side.  Ask side has decreased a little, but no abnormal fluctuations.  Still higher than the beginning of April.  The zombie outbreak is smaller than I expected, but I guess the other exchanges can't even take a small one without tanking.

99 euro, dafuq? 1 btc is 90 euro on gox right now.

That's not the right way to do arbitrage.    You should sell immediately at the current gox price (perhaps even lower so you get immediate sales), withdraw the money, and re-fund bitstamp when withdrawal is done.  Rinse and Repeat.

are you like a sales agent for gox or something?