⸺ Obituary · June 3, 2016 ⸺

“We Rather Disagree With This Estimation Of Bitcoin”

Adam Smith Institute

Price at death

$573

Today

$61,577

Resurrection

×108

On 2016-06-03, Adam Smith Institute declared Bitcoin dead. Bitcoin was trading at ~$573 at the time. The call joins the growing canon of premature obituaries.

The declaration was catalogued on June 3, 2016, when one Bitcoin traded for approximately $573. Since then, Bitcoin has appreciated by 108× relative to the price on the day Adam Smith Institute pronounced it finished.

Read the original →

← Earlier death

“Bitcoin May Be Failing, But The Technology Behind It Will Live On”

Later death →

“Bitcoin’s Rallying Again—But Isn’t Getting Much Attention Anymore”

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