⸺ Obituary · July 6, 2017 ⸺

“Why Investors Should Ignore The Cryptocurrency Hype”

Investopedia

Landon D. Whaley

“I’ve seen enough cryptocurrency stories over the last few weeks to last me a lifetime, especially about Bitcoin. Bitcoin is not a store of value, and it’s not a reasonable investment candidate. You’ve been warned!”

Price at death

$2,619

Today

$61,577

Resurrection

×23.5

On 2017-07-06, Landon D. Whaley (Researcher) declared Bitcoin dead via Investopedia. Bitcoin was trading at ~$2,619 at the time. The call joins the growing canon of premature obituaries.

The declaration was catalogued on July 6, 2017, when one Bitcoin traded for approximately $2,619. Since then, Bitcoin has appreciated by 23.5× relative to the price on the day Investopedia pronounced it finished.

Read the original →

← Earlier death

“Bitcoin And Ethereum 'Both Soon Obsolete'”

Later death →

“Bitcoin Acceptance Is Virtually Zero And Shrinking”

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