⸺ Obituary · January 21, 2016 ⸺
“Debate On Blockchain Eclipses Talk Of Basel III At Davos”
— Financial Times
Price at death
$398
Today
$67,440
Resurrection
×170
On 2016-01-21, Financial Times declared Bitcoin dead. Bitcoin was trading at ~$398 at the time. The call joins the growing canon of premature obituaries.
The declaration was catalogued on January 21, 2016, when one Bitcoin traded for approximately $398. Since then, Bitcoin has appreciated by 170× relative to the price on the day Financial Times pronounced it finished.