Let's be honest here...
http://www.coindesk.com/localbitcoins-users-criminal-charges-florida/Criminal charges for selling
BTC on localbitcoins??? This guy might face a felony for crying out loud...
Now localbitcoins is shutting down in Germany due to "regulatory issues" coming...
Exchanges are going to start getting banged out for money too now...
BTC Trading Corp was operating a trading business without a license. This was a lengthy investigation examined of BTC Trading Corps two subsidiaries, BTC Co and Litecoin Global Exchange, they calculated 426,986 illegal trades from 10,614 registered accounts. The owner must now pay $60,000!
Do you really think this will be the only case ever??? or Plenty more to come???
It is illegal to move large amounts of money as a business without license. Its similar to currency exchange which is illegal without a license. This does not affect transactions between individuals as long as the transaction is reported in your taxes etc.
This in no way affects the price of Bitcoin and Bitcoin will only continue to rise in value over the years due to limited supply and growing adoption.