The value and utility of Bitcoin have been hotly disputed ever since the digital currency first got on the map back in 2009. For a couple years it was largely discounted as an ambitious technological initiative with little actual use.
Then, in late 2013, its value spiked to over $1,100 per Bitcoin, lending a new validity to the currency as something that could still have a major impact on world financial markets.
But in the years since, everything has calmed down somewhat; Bitcoin has remained almost entirely in the range of $200-$350 in value throughout 2015, demonstrating a fair deal of volatility, but nothing close to the sort of swings we were seeing in 2013. Continue reading