⸺ Obituary · November 23, 2015 ⸺
“Former Bitcoin Companies Are Erasing Their Embarrassing Bits”
— The Guardian, Hal 90210
“So spare a thought for the companies scrabbling to jump off the bitcoin ship before it sinks. The currency’s value has been static for months (except for a brief boom and bust in early November when it was caught up in a Chinese ponzi scheme), but perhaps more damningly still, the hype has all but disappeared.”
Price at death
$323
Today
$73,490
Resurrection
×227
On 2015-11-23, Hal 90210 (Tech Writer, The Guardian) declared Bitcoin dead via The Guardian. Bitcoin was trading at ~$323 at the time. The call joins the growing canon of premature obituaries.
The declaration was catalogued on November 23, 2015, when one Bitcoin traded for approximately $323. Since then, Bitcoin has appreciated by 227× relative to the price on the day The Guardian pronounced it finished.