⸺ Obituary · January 17, 2015 ⸺
“Is This The End For Bitcoin?”
— Mybroadband
“Even if the price of Bitcoin doesn’t go to zero, the chances the Bitcoin community convincing the wider public, governments, and industry that Bitcoin really represents the future of the world’s digital economy will become extremely unlikely. . . . this grand technological experiment may have run its course.”
Price at death
$200
Today
$73,594
Resurrection
×369
On 2015-01-17, Mybroadband declared Bitcoin dead. Bitcoin was trading at ~$200 at the time. The call joins the growing canon of premature obituaries.
The declaration was catalogued on January 17, 2015, when one Bitcoin traded for approximately $200. Since then, Bitcoin has appreciated by 369× relative to the price on the day Mybroadband pronounced it finished.