⸺ Obituary · March 11, 2014 ⸺

“The Real Reason Bitcoin Is Doomed”

Fortune

“Bitcoin is not a currency. . . . There’s nothing that Bitcoin allows anyone to do that they can’t already do in the regular banking system.”

Price at death

$629

Today

$61,577

Resurrection

×97.9

On 2014-03-11, Fortune declared Bitcoin dead. Bitcoin was trading at ~$629 at the time. The call joins the growing canon of premature obituaries.

The declaration was catalogued on March 11, 2014, when one Bitcoin traded for approximately $629. Since then, Bitcoin has appreciated by 97.9× relative to the price on the day Fortune pronounced it finished.

Read the original →

← Earlier death

“Sorry, Libertarians: Your Dream Of A Bitcoin Paradise Is Officially Dead And Gone”

Later death →

“Bitcoin Is Dead — Long Live Bitcoin”

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