⸺ Obituary · August 13, 2017 ⸺
“Bitcoin Just Surged Over $4000 And Is Near Biggest Financial Crash In 400 Years”
— TheStreet, Ken Goldberg
“Friends don’t let friends hold bitcoin below $2,900, the line in the sand of sell-stop protection. Otherwise, in the near future, one could be wishing they’d sold this $3,500 zone, as bitcoin breaks under $35, with growing potential for $3.50.”
Price at death
$4,111
Today
$73,532
Resurrection
×17.9
On 2017-08-13, Ken Goldberg (Trader) declared Bitcoin dead via TheStreet. Bitcoin was trading at ~$4,111 at the time. The call joins the growing canon of premature obituaries.
The declaration was catalogued on August 13, 2017, when one Bitcoin traded for approximately $4,111. Since then, Bitcoin has appreciated by 17.9× relative to the price on the day TheStreet pronounced it finished.