⸺ Obituary · May 30, 2017 ⸺

“What Is A Good Price For Bitcoin And Other Cryptocurrencies? Zero.”

Jonathan Harris

“Cryptocurrencies do not belong in any investment portfolio. I say this as a Chartered Financial Analyst with 20 years experience who understands the underlying math and the economic issues involved. Fundamentally, Bitcoin has no value… Bitcoin acceptance by consumers is unlikely.”

Price at death

$2,197

Today

$61,577

Resurrection

×28.0

On 2017-05-30, Jonathan Harris (Financial Analyst) declared Bitcoin dead via Jonathan Harris. Bitcoin was trading at ~$2,197 at the time. The call joins the growing canon of premature obituaries.

The declaration was catalogued on May 30, 2017, when one Bitcoin traded for approximately $2,197. Since then, Bitcoin has appreciated by 28.0× relative to the price on the day Jonathan Harris pronounced it finished.

Read the original →

← Earlier death

“Bitcoin: Ponzi Gone Global”

Later death →

“Mark Cuban Calls Bitcoin A Bubble, Price Falls”

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