⸺ Obituary · December 26, 2014 ⸺

“Bitcoin’s Defects Will Hasten Its Demise In 2015”

Reuters

Martin Hutchinson

“Bitcoin’s defects will hasten its demise in 2015 . . . Bitcoin’s flaws are becoming more evident, which may explain why prices more than halved in 2014. That trend should continue.”

Price at death

$327

Today

$61,577

Resurrection

×188

On 2014-12-26, Martin Hutchinson (Breakingviews Columnist, Reuters) declared Bitcoin dead via Reuters. Bitcoin was trading at ~$327 at the time. The call joins the growing canon of premature obituaries.

The declaration was catalogued on December 26, 2014, when one Bitcoin traded for approximately $327. Since then, Bitcoin has appreciated by 188× relative to the price on the day Reuters pronounced it finished.

Read the original →

← Earlier death

“Can Bitcoin Survive 2015?”

Later death →

“Was 2014 The Death March For Bitcoin?”

⸺ Also in this category ⸺

More from the financial press

Jun 16, 2026financial press

“A Worthless Digital Asset”

On 2026-06-16, with Bitcoin in the mid-$60,000s and well off its cycle high, perennial gold bug Peter Schiff went on Fox Business to call it 'a worthless digital asset' whose bubble had burst — arguing buyers were merely betting a greater fool would pay more, with no genuine long-term value. It was Schiff's umpteenth Bitcoin obituary since 2011; two weeks later he doubled down, warning a 'death spiral' could drag BTC under $20,000. Bitcoin has risen more than 4,000-fold since his first recorded death call.

Jun 10, 2026financial press

“Bitcoin Is Bad Money”

On 2026-06-10, six days after declaring 'Saylor murdered Bitcoin,' CNBC's Jim Cramer wrote off BTC again on X — branding Bitcoin and gold 'bad money' being dumped to chase SpaceX and megacap tech. Coming mid-rout, it read as capitulation. But traders noted the irony: the 'Inverse Cramer' trade has a long history — his 2017 'monopoly money' jibe and January 2024 selloff warning both preceded major rallies.

Jun 4, 2026financial press

“Saylor Murdered Bitcoin”

On 2026-06-04, with Bitcoin sliding toward $64,000 in its worst week since the FTX collapse, CNBC's Jim Cramer declared 'Saylor murdered Bitcoin' on X — pinning the rout on Strategy's first sale in four years and conceding he might rethink his pro-BTC stance now that its biggest 'trampoline' had stopped buying. Michael Saylor fired back: 'It's just a flesh wound, Jim.' A Monty Python retort to a murder charge — the obituary genre at its most theatrical.

Buy Bitcoin in 60 seconds. US-regulated.

Open account →

Kraken

Lowest fees. Used by institutions.

Start trading →