⸺ Obituary · September 7, 2017 ⸺

“Bitcoin, Ether And Other Cryptocurrencies May Be Seeing The Beginning Of The End”

MarketWatch

Brett Arends

Photo: MarketWatch

“The sudden Chinese crackdown on the virtual coin fundraising of bitcoin and other cryptocurrencies that caused the plunge is either the end of the beginning for the crypto-party — or, more likely, the beginning of the end….”

Price at death

$4,638

Today

$61,577

Resurrection

×13.3

On 2017-09-07, Brett Arends (Financial Journalist) declared Bitcoin dead via MarketWatch. Bitcoin was trading at ~$4,638 at the time. The call joins the growing canon of premature obituaries.

The declaration was catalogued on September 7, 2017, when one Bitcoin traded for approximately $4,638. Since then, Bitcoin has appreciated by 13.3× relative to the price on the day MarketWatch pronounced it finished.

Read the original →

← Earlier death

“Bitcoin's Price Hit $5,000 Last Week. It's Still A Dumb Investment”

Later death →

“Why China Crushed Bitcoin”

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