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The continued drop in value made the currency one of the absolute worst things to own in 2014. Over the last 12 months bitcoin’s dollar value has fallen roughly 76%, outpacing the decline in both the beleaguered ruble (down more than 70%) and Brent crude oil, which has fallen roughly 58% over the same period.
Of course, both the ruble and crude have far more impact on people’s lives. But for those ill-advised gamblers who put some of their cash into bitcoin over the last year, they’re getting a little taste of how Russia’s currency collapse must feel, without ever leaving the comfort of their own home.
http://qz.com/326630/the-bitcoin-crash-is-worse-than-both-crude-oil-and-the-ruble/
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