⸺ Obituary · January 22, 2018 ⸺
“The ‘Experts’ Are Getting Crypto All Wrong”
— Banyan Hill
Price at death
$12,010
Today
$67,440
Resurrection
×5.6
On 2018-01-22, Banyan Hill declared Bitcoin dead. Bitcoin was trading at ~$12,010 at the time. The call joins the growing canon of premature obituaries.
The declaration was catalogued on January 22, 2018, when one Bitcoin traded for approximately $12,010. Since then, Bitcoin has appreciated by 5.6× relative to the price on the day Banyan Hill pronounced it finished.