The price seems relatively stable and its tracking with gold which is interesting. Technically we are getting a glimps of what the world would be like if bitcoin only traded with bitcoin and not with other currencies much. A glimps of a post dollar world. Bitcoin has not crashed! It can't if big trades to currency are not available.
There are now many more ways to get bitcoin for other money. but these are small transactions.
I don't object to the reporting rules as they stand; The terrorism threat is real and the drugs dangers are real. However the precedent is a problem. As Satoshi said Wikileaks and by inference Silk Road were bad calls. As they say in the Q continuum: "Dont provoke the Borg!" Build up step by step. Be ready when the Fiat currency monster stumbles. Its too big to push.