⸺ Obituary · March 25, 2015 ⸺
“Bitcoin Is Going To Disappear”
— IEX.nl, Karel Mercx
“The price of Bitcoin lost most of its value since its parabolic rise and speculators have lost a lot of money. The next electronic payment technology will be very large. We eagerly await the next version of electronic money to appear.”
Price at death
$246
Today
$73,594
Resurrection
×299
On 2015-03-25, Karel Mercx (Investor) declared Bitcoin dead via IEX.nl. Bitcoin was trading at ~$246 at the time. The call joins the growing canon of premature obituaries.
The declaration was catalogued on March 25, 2015, when one Bitcoin traded for approximately $246. Since then, Bitcoin has appreciated by 299× relative to the price on the day IEX.nl pronounced it finished.