Bitcoin plunges but earns worldwide words of praise - Newcomers, merely an addition

The Bitcoin course has had a dive recently just as it seemed to hold stable at a hundred $US. This is obviously fueled by a couple of factors and comparing blogs have already been quick to point the finger, but as always in life; it is probaly not as easy as pointing and shouting "Witch!".
Of course there are speculations done on the price of Bitcoin, but being so volatile and with so little shift in value over the last 3 weeks it seems a pretty pointless calculation. Every speculator will know that with increased holding time also the risk grows and an imminent sell is needed to cut the losses. Thus Bitcoin seems not to lend itself to a speculation business intended on winnings.
The thugs also don't make cut. Even if Bitcoin are used to trade in illicit goods. Money and Credit Cards are too. So why does this make bitcoin any worse? Because they're anonymous? Credit Card payments are not anonymous and still billions of dollars are subject to fraud each year, and cash is just good for everything from stolen bicycle to a bribed politician. I remember one who was bribed with a Villa. Are houses bad now? Surely all crooks should be awaiting sentencing in light of this non-anonymity. Yet they aren't. In fact the news tell us these people count peoples votes in dollars and count money by weight.
To all of you grumpy authors i came across: You are just jealous that you didn't get into it when it was time. But if you still want some; I recommend my coin-collector or the 50+ free bitcoin sites list. Cause something tells me you don't like to pay for coins either.

Back to the good news. A german news magazine (Der Spiegel) published some information about a set of UK laws which target "reckless misconduct" amongst managing personal in financial institutes. It is to be seen if the legislation will hold up as a banker in jail seems as possible as not being spied upon.
An article at gigaom is introducing multiple UK start-ups in the London area and beyond that have written bitcoin on their flags. Given the nature of the newcomers it seems Bitcoin have lost their mystery. A multitude of apps leads the development that aim to integrate Bitcoin closer into everyday life with applications such as Bitcoin ATM's, Ripple - a further crypto-currency and currency exchange that founded their own currency: the Ripple (They offer ways to pay bitcoin receivers over cash accounts with them as middleman) and other apps and news about major investments into various Bitcoin projects
And the arabian Gazette has an opinion on the fate of Bitcoin. Also a very nice graphical model which explains the detailed way a bitcoin transaction goes. Since the author is stated on the document and it is not property i have taken the liberty and got the image for you.

I am happy to see the course climb again. The recent investment into Bitcoin ventures creates hope that more users and public trust are gained. A more stable exchange rate would be of advantage to everyone.
In unrelated news: Mastercard has announced to withdraw from the donation-boycott against Wikileaks. Consider donating some of your coins to this most valuable resource of real freedom on this planet!

Happy mining and have a nice day forum!

Tim