⸺ Obituary · December 17, 2020 ⸺
“Bitcoin Is Fundamentally Worthless”
— Seeking Alpha, Anton Wahlman
“Sometimes there’s something so absurd that you hardly know where to begin to make the argument, for it’s so obvious and self evident that it should not have to be explained. Bitcoin and similar cryptocurrencies are such a case.”
Price at death
$22,812
Today
$73,594
Resurrection
×3.2
On 2020-12-17, Anton Wahlman (Sell Side Analyst) declared Bitcoin dead via Seeking Alpha. Bitcoin was trading at ~$22,812 at the time. The call joins the growing canon of premature obituaries.
The declaration was catalogued on December 17, 2020, when one Bitcoin traded for approximately $22,812. Since then, Bitcoin has appreciated by 3.2× relative to the price on the day Seeking Alpha pronounced it finished.