⸺ Obituary · October 26, 2018 ⸺
“Bitcoin Or Shitcoin?”
— BitMEX Research
Price at death
$6,405
Today
$67,440
Resurrection
×10.5
On 2018-10-26, BitMEX Research declared Bitcoin dead. Bitcoin was trading at ~$6,405 at the time. The call joins the growing canon of premature obituaries.
The declaration was catalogued on October 26, 2018, when one Bitcoin traded for approximately $6,405. Since then, Bitcoin has appreciated by 10.5× relative to the price on the day BitMEX Research pronounced it finished.