27 Dec '14, 6pm

Bitcoin 2014: Growing Adoption, High Profile Arrests and a Bewildering Price - Inside Bitcoins

Bitcoin 2014: Growing Adoption, High Profile Arrests and a Bewildering Price - Inside Bitcoins

NEW YORK (InsideBitcoins) – The year of 2014 would define bitcoin for a vast majority of the previously uninitiated. Many call 2013 the coming out year for bitcoin, but it was during 2014 that the public fascination with the digital currency was further piqued: from growing merchant adoption, high profile criminal arrests, a confounding price – and yes, bitcoin’s worst nightmare. On January 3, 2009, the first bitcoin was mined. Therefore, the digital currency had its five-year birthday on January 3, 2014. And it was during the first month of 2014 that we saw some major retailers step forward. Growing merchant adoption of bitcoin Overstock announced on January 9th that it would begin accepting bitcoin, becoming the first online retailer to do that. In the press release, CEO Patrick M. Byrne said, “digital currency will be an important part of the future and Overstock is exc...

Full article: http://insidebitcoins.com/news/bitcoin-2014-growing-adopt...

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Bitcoin Price 2014: A Year in Review

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