⸺ Obituary · June 28, 2018 ⸺
“Bitcoin Has Fallen To Its Lowest Point Since November And Will Probably Be Totally Wiped Out”
— Independent, Hamish McRae
“My instinct is that these cryptocurrencies will disappear in a puff of smoke. I just hope too many people are not too damaged when it happens.”
Price at death
$5,848
Today
$73,504
Resurrection
×12.6
On 2018-06-28, Hamish McRae (Commentator, The Independent) declared Bitcoin dead via Independent. Bitcoin was trading at ~$5,848 at the time. The call joins the growing canon of premature obituaries.
The declaration was catalogued on June 28, 2018, when one Bitcoin traded for approximately $5,848. Since then, Bitcoin has appreciated by 12.6× relative to the price on the day Independent pronounced it finished.