2014 was a year of upheaval in bitcoin. Mt. Gox, one of the exchanges that helped drive the price up to dizzing heights closed unexpectedly in February, and a series of hacks and thefts rocked exchanges, wallets and businesses across the blockchain. Prices rebounded a little at the start of the year to $940, before steadily dropping, with a sharp decline when Mt. Gox closed, and a continued steady decline into April and May, where prices hovered around $400. Into the summer, prices rebounded above $600, but a sustained decline continued for the rest of the year, ending the year at $312.
About The Author
On the blockchain since 2012, Dublin based Jamie is Editor of BitcoinsInIreland.com which was set up in 2013 to write about the local bitcoin scene and has evolved into what it is today. He is also owner of Bitcoin Marketing Team, one of Ireland's longest established blockchain companies and one of Europe's leading Crypto Marketing Agencies which has worked on over 30 projects including 10+ token sales which collectively raised $110m+ in 2017 & 2018.