2014 - The Best and Worst Year for Bitcoin so Far
As the world prepares to say goodbye to another year and Bitcoin nears its sixth birthday, we look back at one of the more memorable and eventful year of Bitcoin's history. A year in which Bitcoin began to mature and, just like a six year old child going to school for the first time, left his home to meet the world and learn how to deal with hostile strangers, authoritative teacher regulators and make many, many new friends. 2014 is the year when Bitcoin was thrown into the sea to sink or swim and was tested to its limits to only come back stronger than ever before. The shark of MT Gox and....
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The world's second-worst currency this year is Ukraine's hryvnia. Being at war with a nuclear-endowed superpower is an expensive business, and Ukraine's economy is crippled even after an international bailout worth $17 billion. And the worst is Bitcoin, Bloomberg View reports. "Bitcoin is second only to gold on the list of topics guaranteed to arouse the wrath of the Internet trolls. Yet relentless promotion can't hide these facts: The digital currency peaked at a value of $1,130 just over a year ago. Its plunge of more than 56 percent in 2014 makes it the world's worst performing currency....
Bitcoin finally had a successful comeback towards the end of 2015, declared by many as the “Year of the Blockchain.” With all the hype surrounding Bitcoin and the blockchain during 2015, there has been much speculation towards next year’s approach to cryptocurrency. As 2014 was filled with scandal, Altcoins, and ending up being the worst global currency of that year. The New Year is approaching, and many are wondering what to expect from the fun and volatile world of Bitcoin. 2015 has proven well for the digital currency, showing remarkably better performance than in 2014. Bloomberg....
2014 was the most surprising, exciting, demoralizing, political, contentious, spectacular year in the Bitcoin's six-year existence. Many impressive, very influential friends were made. Many powerful enemies stepped forward as well, looking to control that which was not meant to be restrained. As we head into Year 7 of Bitcoin, it's time to look back at the very special year that was 2014. Whether you wanted Bitcoin to succeed, or you didn't, you couldn't take your eyes off because it's a constant flurry of economic activity and commercial and political influence. Bitcoin, in 2014, began....
Bitcoin is the worst currency today... Could this really be true? The Bloomberg View states: "Bitcoin is second only to gold on the list of topics guaranteed to arouse the wrath of the Internet trolls. Yet relentless promotion can't hide these facts: The digital currency peaked at a value of $1,130 just over a year ago. Its plunge of more than 56 percent in 2014 makes it the world's worst performing currency this year, according to Bloomberg, which tracks 175 foreign-exchange values." Mark Gilbert, who authored the article, also had a bit more to say regarding his opinion of the digital....
Ukraine's political problems and de-facto war with Russia hit the value of the national currency badly in 2014. But the hryvnia, so Ukraine's national currency is called, wasn't the worst currency of 2014, but only the second worst. The worst currency of 2014 was Bitcoin. But the march of Bitcoin continues - the less Bitcoin is seen as a speculative currency, the easier is to realize the real unique advantages of Bitcoin and to spot potential killer apps, and the easier it will be for Bitcoin to gain momentum as a technology. That's why we should forget Bitcoin price and bet on Bitcoin....