Based on Bitcoin chart, the Bitcoin exchange rate went as much as more than $1,100 last December. Which was when more people became aware in regards to the electronic currency, then the incident with Mt. Gox happened and it dropped to around $530.

In 2014, We expect exponential growth in the reputation of bitcoin all over the world with equally merchants and consumers, Stephen Set, BitPay's co-founder and CTO, “and anticipate viewing the biggest development in China, India, Russia…

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