⸺ Obituary · October 29, 2014 ⸺

“Where Did Bitcoin Go Wrong?”

CNN

Jeffrey Robinson

“Bitcoin is not [the future]. It is a step along the way and will eventually disintegrate. . . . As a currency [Bitcoin] is almost negligible against anything. It can’t stand toe-to-toe with the Cuban Peso. . . . With Bitcoin the pretend currency, what you see is not what you get.”

Price at death

$333

Today

$61,577

Resurrection

×185

On 2014-10-29, Jeffrey Robinson (Author) declared Bitcoin dead via CNN. Bitcoin was trading at ~$333 at the time. The call joins the growing canon of premature obituaries.

The declaration was catalogued on October 29, 2014, when one Bitcoin traded for approximately $333. Since then, Bitcoin has appreciated by 185× relative to the price on the day CNN pronounced it finished.

Read the original →

← Earlier death

“3 Reasons Bitcoin Is Doomed To Fail”

Later death →

“Bitcoin Is Bust: Why Investors Should Abandon The Doomed Cryptocurrency”

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