⸺ Obituary · June 6, 2017 ⸺
“Mark Cuban Calls Bitcoin A Bubble, Price Falls”
— CNBC, Mark Cuban
“I think it’s in a bubble. I just don’t know when or how much it corrects. When everyone is bragging about how easy they are making $=bubble”
Price at death
$2,914
Today
$73,554
Resurrection
×25.2
On 2017-06-06, Mark Cuban (Businessman) declared Bitcoin dead via CNBC. Bitcoin was trading at ~$2,914 at the time. The call joins the growing canon of premature obituaries.
The declaration was catalogued on June 6, 2017, when one Bitcoin traded for approximately $2,914. Since then, Bitcoin has appreciated by 25.2× relative to the price on the day CNBC pronounced it finished.