⸺ Obituary · October 25, 2017 ⸺
“Bitcoin Mining Wastes Vast Amounts of Energy, Harms Environment”
— Cointelegraph, Frisco D'Anconia
“One thing is certain: the current scenario is not sustainable.”
Price at death
$5,734
Today
$73,490
Resurrection
×12.8
On 2017-10-25, Frisco D'Anconia (Journalist) declared Bitcoin dead via Cointelegraph. Bitcoin was trading at ~$5,734 at the time. The call joins the growing canon of premature obituaries.
The declaration was catalogued on October 25, 2017, when one Bitcoin traded for approximately $5,734. Since then, Bitcoin has appreciated by 12.8× relative to the price on the day Cointelegraph pronounced it finished.