Bitcoin’s Volatile Start To The Year?There are many points of debate about bitcoin. It’s dead. It’s not dead. It’s the greatest thing since sliced bread. It’s ridiculous to even think that it has a shot to be anything more than a fad that goes nowhere.
But there’s one thing that everyone can agree on: it’s impossible to predict.
When the calendar turned 2014 to 2015, bitcoin struggled to reach $300 – after flying high at 3x that earlier in the year. In 2016, bitcoin hasn’t dipped below $400. Yesterday, Jan. 21, bitcoin’s price around midday was $410.77.
But, increasingly, if you ask the bitcoin community, some of its most strident advocates are beginning to question its viability, including one of its most prominent developers.
http://www.pymnts.com/news/bitcoin-tracker/2016/bitcoins-volatile-start-to-the-year/
