Technologists, financiers and ideologues predicted that 2014 would be bitcoin's
coming-out party, but the digital currency slipped more than 70 percent
from the previous year's high. Still, some are claiming victory and
predicting even more success for the future.
Bitcoin—a digital currency started in 2009—has
consistently captured headlines since its meteoric rise from a few
dollars to more than $1,150 in 2013, but experts say that the focus on
its slide to the $300 range misses the point. Instead, they point to
growing merchant adoption and consumer awareness as the year's high
points.