⸺ Obituary · November 16, 2017 ⸺
“Bitcoin Is A Bubble, No Plans To Short-Sell: Japan Post Bank CIO”
— Reuters
Price at death
$7,059
Today
$67,440
Resurrection
×9.6
On 2017-11-16, Reuters declared Bitcoin dead. Bitcoin was trading at ~$7,059 at the time. The call joins the growing canon of premature obituaries.
The declaration was catalogued on November 16, 2017, when one Bitcoin traded for approximately $7,059. Since then, Bitcoin has appreciated by 9.6× relative to the price on the day Reuters pronounced it finished.