Can Bitcoin Survive 2015?
Bitcoin's stock has tumbled significantly this year, but more companies now accept it, leading supporters and critics alike to weigh in on its futureBy Jay Strubberg | December 22, 2014
By now, you're probably aware bitcoin's stock has continued to tumble since its peak heyday in 2013 when it was valued at more than $1,100. It's now hovering at around $330 and has dropped more than 50 percent since the beginning of the year.
It lead at least one business writer to label the controversial digital currency the "worst investment of 2014" and "atrociously awful" even when compared to other struggling fiat currencies such as Russia's ruble.
But, despite the stock's poor performance this year, more and more powerful merchants have started allowing customers to use bitcoin for purchases.