⸺ Obituary · November 27, 2017 ⸺
“Bitcoin Rally May Continue — But Is It Driven More By High-School Dropouts Than Fundamentals?”
— MarketWatch
Price at death
$9,096
Today
$67,440
Resurrection
×7.4
On 2017-11-27, MarketWatch declared Bitcoin dead. Bitcoin was trading at ~$9,096 at the time. The call joins the growing canon of premature obituaries.
The declaration was catalogued on November 27, 2017, when one Bitcoin traded for approximately $9,096. Since then, Bitcoin has appreciated by 7.4× relative to the price on the day MarketWatch pronounced it finished.