I was initially surprised to see it fall, too. My kneejerk expectation was for the price to rise. In retrospect, it's reasonable to believe that the expectatio

I was initially surprised to see it fall, too. My kneejerk expectation was for the price to rise. In retrospect, it's reasonable to believe that the expectation of anonymity has decreased, especially among future buyers/users. For some, anonymity was a major reason to hold/use bitcoin. A couple of the major transients in the past week have correlated well with NSA-related news. The big increase in volatility started with a sudden spurt of trades on ~ June 3. That had nothing to do with any obvious news stories.