⸺ Obituary · October 2, 2015 ⸺
“Why Bitcoin Isn't The Wave Of The Future After All”
— DailyCampus
“After analyzing the facts, it becomes apparent that Bitcoin is not destined to grow and mature beyond what it is today. Without a major overhaul of Bitcoin’s system and values, it is naïve to think that there will be widespread adoption. There are too many inherent problems and general complexities with the currency for it to gain mainstream traction.”
Price at death
$237
Today
$73,490
Resurrection
×310
On 2015-10-02, DailyCampus declared Bitcoin dead. Bitcoin was trading at ~$237 at the time. The call joins the growing canon of premature obituaries.
The declaration was catalogued on October 2, 2015, when one Bitcoin traded for approximately $237. Since then, Bitcoin has appreciated by 310× relative to the price on the day DailyCampus pronounced it finished.