Wednesday, December 31, 2014

Bitcoin Named Worst-Performing Currency of 2014

If Bitcoin received a year-end grade for value, it would be a giant F.

While Bitcoin buzz and adoption experienced a healthy growth spurt in 2014, its value in U.S. dollars did the opposite. The virtual currency was the worst-performing currency of the year, plummeting by more than 56 percent since January and 72 percent since last November, according to Bloomberg. Bitcoin fared worse in the last 12 months than even Russia's ruble, which plunged 42 percent this year.

Read more...  http://www.entrepreneur.com/article/241306