Anyone else remember how brutal 2014 was for Bitcoin? We started that year around $770, and by December things had gotten pretty rough—trading in the mid-$300s. That's over 50% down from where we opened. Wild swing.

But here's the thing: even with that crash, Bitcoin was still way above where it was trading before the 2013 bull run kicked off. So while 2014 felt like a bloodbath at the time, there was some perspective to be had.

The whole year was basically Bitcoin getting tossed around by everything happening in the space. You had PayPal and Microsoft starting to accept it, which seemed bullish. Then the whole BearWhale situation happened—that massive sell wall that everyone was watching. And then there were all those rumors about China potentially cracking down on crypto. The price action reflected all that uncertainty.

Looking back, 2014 was when people really started questioning whether Bitcoin could actually become mainstream. The volatility was intense, and the doubters were loud. But it's interesting to see how Bitcoin's price in 2014 compares to where things went afterward. That year was definitely a reality check for a lot of folks in the space.