Our exchanges are run by amateurs and criminals and they are the biggest bottleneck in Bitcoin's valuation.
I agree, Bitcoin price in an open and transparent market should be at double or single digits by now.
bullshiat .. drug dealers selling drugs using bitcoin are dumbasses looking to get themselves and their clients busted.
any drug dealer stupid enough to use something that records every transaction in a ledger that is completely traceable deserves to be busted.
fiat cash is truly anonymous because there is no ledger and much more difficult to be traced.
at the end of the silk road trials we will learn that bitcoin has an ability to bust criminals and terrorists .