⸺ Obituary · February 5, 2015 ⸺
“The End Of Bitcoin”
— Robert Nielsen, Robert Nielsen
“One of the signs that Bitcoin is dying is that hardly anyone actually uses the currency. . . . The Bitcoin network is fading away and the price is destined to continue its downward march. This is likely to be the last year people take Bitcoin seriously (if last year wasn’t already). Whether Bitcoin disappears with a bang or a whimper, the end is coming.”
Price at death
$217
Today
$73,594
Resurrection
×340
On 2015-02-05, Robert Nielsen (Blogger) declared Bitcoin dead via Robert Nielsen. Bitcoin was trading at ~$217 at the time. The call joins the growing canon of premature obituaries.
The declaration was catalogued on February 5, 2015, when one Bitcoin traded for approximately $217. Since then, Bitcoin has appreciated by 340× relative to the price on the day Robert Nielsen pronounced it finished.