Quote Originally Posted by sonatine View Post

The argument could be made that the best criminal minds have migrated to the shorter path between two points and simply set up bitcoin exchange sites.
Good observation. Who would have guessed that a currency who's initial purpose was to facilitate illegal transactions for drugs/guns etc. would be a target for criminals to find a way to exploit. Going after the exchange is definitely the weak link in the bitcoin economy.

Is there hard proof that any of the circumstances of the rise and fall in value and the problems with the exchange can be attributed to anything more dubious than pure incompetence?