⸺ Obituary · January 22, 2018 ⸺
“5 Reasons Bitcoin Won't Survive”
— Investing.com, Jesse Cohen
“Slowing transaction times, skyrocketing fees, tighter rules and regulations, mining problems, loss of anonymity.”
Price at death
$10,772
Today
$73,541
Resurrection
×6.8
On 2018-01-22, Jesse Cohen (Global Markets Analyst) declared Bitcoin dead via Investing.com. Bitcoin was trading at ~$10,772 at the time. The call joins the growing canon of premature obituaries.
The declaration was catalogued on January 22, 2018, when one Bitcoin traded for approximately $10,772. Since then, Bitcoin has appreciated by 6.8× relative to the price on the day Investing.com pronounced it finished.