⸺ Obituary · November 1, 2017 ⸺
“CME Futures Should Drive Bitcoin Price Towards Zero”
— The Reference Frame, Luboš Motl
Price at death
$6,252
Today
$67,440
Resurrection
×10.8
On 2017-11-01, Luboš Motl declared Bitcoin dead via The Reference Frame. Bitcoin was trading at ~$6,252 at the time. The call joins the growing canon of premature obituaries.
The declaration was catalogued on November 1, 2017, when one Bitcoin traded for approximately $6,252. Since then, Bitcoin has appreciated by 10.8× relative to the price on the day The Reference Frame pronounced it finished.