For those who want to follow the BTC drama: some good analysis by seemingly level-headed and intelligent people from both sides. Important to read especially for this coming week.
https://bitcointalksearch.org/topic/new-mt-gox-press-release-feb-10-they-are-claiming-flaw-in-bitcoin-protocol-458074
http://www.reddit.com/r/Bitcoin/comments/1x93tf/some_irc_chatter_about_what_is_going_on_at_mtgox/cf99yac
there is also 3 guys that got arrested in florida for BTC. the cops there entrapped them and charged them for basically trading BTC.
don't know if this has anything to do with the volatility of the BTC market, but i am suddenly reminded of the words of a frenchman. ( you don't have to rub it is Jiyome). but for anyone interested. ( pay close attention to parts 4,6,8, and 10). also it will make more sense if you change monarchy to aristocracy ( as in political class).
http://www.constitution.org/cmt/freneau/republic2monarchy.htm
it would seem that crypto is a true threat to those is power. politicians ( i think) are upset that the people want to take back their power and their RIGHT to trade freely from the eyes of "Big Brother".
and i also think that the article above ( that was written in 1792) could help explain as to why the politicians in china, russia, EU, and U.S. seem to loath the concept of virtual currency.