⸺ Obituary · October 11, 2018 ⸺

“Dr. Doom Says Bitcoin Represents The Mother Of All Bubbles”

MarketWatch

Nouriel Roubini

Photo: Fronteiras do Pensamento (CC BY-SA 2.0), via Wikimedia Commons

“It is clear by now that bitcoin and other cryptocurrencies represent the mother of all bubbles…”

Price at death

$6,177

Today

$61,577

Resurrection

×10.0

On 2018-10-11, Nouriel Roubini (Economist and Professor, NYU) declared Bitcoin dead via MarketWatch. Bitcoin was trading at ~$6,177 at the time. The call joins the growing canon of premature obituaries.

The declaration was catalogued on October 11, 2018, when one Bitcoin traded for approximately $6,177. Since then, Bitcoin has appreciated by 10.0× relative to the price on the day MarketWatch pronounced it finished.

Read the original →

← Earlier death

“Bitcoin: 10 Years Of Smoke And Mirrors”

Later death →

“The Big Blockchain Lie”

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