⸺ Obituary · June 23, 2018 ⸺
“Talk Of Bitcoin's Demise Was On The Money”
— NZ Herald, Mike Taylor
“Speculation, hype and mania led bitcoin to become arguably one of the largest investment bubbles in history.”
Price at death
$6,171
Today
$73,594
Resurrection
×11.9
On 2018-06-23, Mike Taylor (Trader) declared Bitcoin dead via NZ Herald. Bitcoin was trading at ~$6,171 at the time. The call joins the growing canon of premature obituaries.
The declaration was catalogued on June 23, 2018, when one Bitcoin traded for approximately $6,171. Since then, Bitcoin has appreciated by 11.9× relative to the price on the day NZ Herald pronounced it finished.