⸺ Obituary · June 3, 2016 ⸺
“We Rather Disagree With This Estimation Of Bitcoin”
— Adam Smith Institute
Price at death
$573
Today
$67,440
Resurrection
×118
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 118× relative to the price on the day Adam Smith Institute pronounced it finished.