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Despite a Tumultuous 2014, Bitcoin Still Has Value

On Jan. 6, 2014, one Bitcoin (BTC) was valued at approximately U.S.$951, according to Coindesk, and has not rebounded to that level. On Dec. 29, BTC was valued at approximately U.S.$312, down by $639, or 67 percent, from its Jan. 6 high.

Despite the dramatic decline in value, there is still much reason for optimism in the Bitcoin world.