⸺ Obituary · November 4, 2015 ⸺
“Could Bitcoin Prices Hit $100? This Is Why Bitcoin Is Doomed”
— Profit Confidential
Price at death
$450
Today
$67,440
Resurrection
×150
On 2015-11-04, Profit Confidential declared Bitcoin dead. Bitcoin was trading at ~$450 at the time. The call joins the growing canon of premature obituaries.
The declaration was catalogued on November 4, 2015, when one Bitcoin traded for approximately $450. Since then, Bitcoin has appreciated by 150× relative to the price on the day Profit Confidential pronounced it finished.