⸺ Obituary · March 4, 2016 ⸺

“The Crisis In Bitcoin And The Rise Of Blockchain”

Fortune

Jeff John Roberts

“Still, based on recent developments, a bitcoin resurgence looks like a long shot. When the final history of bitcoin is written, the currency itself is likely to be just a colorful footnote in the tale of the emergence of a powerful new blockchain technology.”

Price at death

$408

Today

$61,577

Resurrection

×151

On 2016-03-04, Jeff John Roberts (Staff Writer, Fortune) declared Bitcoin dead via Fortune. Bitcoin was trading at ~$408 at the time. The call joins the growing canon of premature obituaries.

The declaration was catalogued on March 4, 2016, when one Bitcoin traded for approximately $408. Since then, Bitcoin has appreciated by 151× relative to the price on the day Fortune pronounced it finished.

Read the original →

← Earlier death

“The Dream Of Buying A Coffee With Bitcoin Is Dying, If It’s Not Already Dead”

Later death →

“Dumb Investment Of The Week: Bitcoin Investment Trust”

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