⸺ Obituary · November 3, 2016 ⸺

“Bitcoin's At It Again”

Bloomberg

Christopher Langner

“Bitcoin is quickly becoming a thing of the past.”

Price at death

$688

Today

$61,577

Resurrection

×89.6

On 2016-11-03, Christopher Langner (Investment Strategist) declared Bitcoin dead via Bloomberg. Bitcoin was trading at ~$688 at the time. The call joins the growing canon of premature obituaries.

The declaration was catalogued on November 3, 2016, when one Bitcoin traded for approximately $688. Since then, Bitcoin has appreciated by 89.6× relative to the price on the day Bloomberg pronounced it finished.

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