Bitcoin players are still being burned by the
Silk Road scandals. More continue to go to jail for
money laundering and we suspect even more will continue to follow.
http://money.cnn.com/2014/01/27/technology/security/bitcoin-arrest/index.html?iid=obnetwork
The above link will take you to a story on
CNN money for the latest on troubles surrounding Bitcoin trading. It's not an issue with the currency itself, it's an issue with the ethics of those trying to take advantage of situations. Bitcoin transactions are very traceable. What are these idiots thinking?
In other news. Bitcoin price values have taken a recent minor fall. There is a lot of hype to the recent down market of Bitcoin, but it is still holding pretty strong around the $700.00 market per coin at the time of this article. We do not expect to see a zero bottom like the naysayers like to predict. It's just not there.