⸺ Obituary · January 19, 2018 ⸺
“Bitcoin Price Threat: Bitcoin Won’t Last Past 2018”
— Express, Benjamin Quinlan
“Bitcoin in its current form, although there are planned upgrades to deal with capacity issues, we think that if the market basically turns its back on bitcoin this year it will really fall out of favour relative to other crypts that have much more utility and value add.”
Price at death
$11,515
Today
$73,594
Resurrection
×6.4
On 2018-01-19, Benjamin Quinlan (CEO and Managing Partner, Quinlan & Associates) declared Bitcoin dead via Express. Bitcoin was trading at ~$11,515 at the time. The call joins the growing canon of premature obituaries.
The declaration was catalogued on January 19, 2018, when one Bitcoin traded for approximately $11,515. Since then, Bitcoin has appreciated by 6.4× relative to the price on the day Express pronounced it finished.