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Is Bitcoin staging a stealth comeback?

24
May
2014

The perfect storm hit Bitcoin 1 to 2 months ago: Media overexposure, weird drama about Satoshi Nakamoto, the collapse of a large Bitcoin exchange called Mt. Gox, crushingly negative coverage in financial press, etc. As the negative news piled up, regular people with only marginal interest in virtual currencies tuned out. Bitcoin’s Google search volume collapsed during the spring, crashing to a fraction of its December highs. Many people concluded that Bitcoin was some kind of a hoax, probably headed for a destiny as an obscure Jeopardy topic, somewhat like Cabbage Patch Kids or Teena Marie. But that’s not exactly how things are playing out. Despite diving into a panicky low of $360 on April 10th, Bitcoin’s price has actually been

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