⸺ Obituary · November 11, 2018 ⸺
“Cryptocurrencies Have Failed, And Blockchain Still Has Yet To Be Proven Useful”
— Forbes, Yuwa Hedrick-Wong
Price at death
$6,358
Today
$67,440
Resurrection
×10.6
On 2018-11-11, Yuwa Hedrick-Wong declared Bitcoin dead via Forbes. Bitcoin was trading at ~$6,358 at the time. The call joins the growing canon of premature obituaries.
The declaration was catalogued on November 11, 2018, when one Bitcoin traded for approximately $6,358. Since then, Bitcoin has appreciated by 10.6× relative to the price on the day Forbes pronounced it finished.