⸺ Obituary · May 20, 2019 ⸺
“Bitcoin Will Soon Be Worth Zero”
— New York Post, John Crudele
“Bitcoin will soon be worth zero. But until then criminals will still be able to use it and other digital currency to move money around the world without being caught.”
Price at death
$7,996
Today
$73,562
Resurrection
×9.2
On 2019-05-20, John Crudele (Columnist) declared Bitcoin dead via NYPost. Bitcoin was trading at ~$7,996 at the time. The call joins the growing canon of premature obituaries.
The declaration was catalogued on May 20, 2019, when one Bitcoin traded for approximately $7,996. Since then, Bitcoin has appreciated by 9.2× relative to the price on the day New York Post pronounced it finished.