⸺ Obituary · January 2, 2015 ⸺
“Was 2014 The Death March For Bitcoin?”
— PYMNTS.com
“And that Bitcoin could only survive at the margins, where it would be isolated, and in no position to threaten Visa or Mastercard, or the underlying payment and messaging services that underpin the world financial system as it stands today. Then there’s The Oracle of Omaha who has one four letter word for bitcoin – joke.”
Price at death
$315
Today
$73,562
Resurrection
×234
On 2015-01-02, PYMNTS.com declared Bitcoin dead. Bitcoin was trading at ~$315 at the time. The call joins the growing canon of premature obituaries.
The declaration was catalogued on January 2, 2015, when one Bitcoin traded for approximately $315. Since then, Bitcoin has appreciated by 234× relative to the price on the day PYMNTS.com pronounced it finished.