⸺ Obituary · November 21, 2019 ⸺
“Bitcoin Is Dying”
— CCN, Mark Dow
“Mark Dow, a former US Treasury and International Monetary Fund economist, says that there’s no recovery coming. “Bitcoin is dying,” he boasted on Twitter.”
Price at death
$7,634
Today
$73,490
Resurrection
×9.6
On 2019-11-21, Mark Dow (Trader) declared Bitcoin dead via CCN. Bitcoin was trading at ~$7,634 at the time. The call joins the growing canon of premature obituaries.
The declaration was catalogued on November 21, 2019, when one Bitcoin traded for approximately $7,634. Since then, Bitcoin has appreciated by 9.6× relative to the price on the day CCN pronounced it finished.