There was a correction, as the Chinese government implemented policies to make bitcoin trading much more difficult, but the digital currency has since rallied and shown significant resilience in the face of adversity.
Many believe the price of bitcoin will increase in 2014, with some Wall Street analysts even predicting it could reach almost $100,000 at some point.
But what do you think will happen to the price in the coming year?
Do you think the bitcoin price will hit $10,000 in 2014?
- WTF are you smokin ???
Hat tip to @bitcoin for the poll suggestion.
Price chart image via Shutterstock