30 Dec '14, 11pm

The year in bitcoin, in two charts - SFGate (blog)

The year in bitcoin, in two charts - SFGate (blog)

Bitcoin had a rough go of it in 2014. A year ago, the crypto-currency’s value was hovering close to $1,000, with prices having increased 100-fold in 2013. Bank of America placed its value at up to $1,300. One optimistic analysis suggested it might top $10,000 in 2015. Investment dollars poured in. But the already volatile value of bitcoin plummeted in the latter part of 2014. As Re/Code’s James Temple pointed out , newspapers, taxi medallions and shares of Kodak all performed better than bitcoin. And as bitcoin’s value tumbled, so seems did the interest in it. A Google Trends report shows searches for the currency nearly flat-lined after the first quarter of the year.

Full article: http://blog.sfgate.com/techchron/2014/12/30/the-year-in-b...

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