⸺ Obituary · February 4, 2019 ⸺
“Crypto Declared Dead, Is This Now The Bottom?”
Atulya Sarin
“Primarily all we do with bitcoin is that we trade it. That is awfully similar to tulips and Beanie Babies in their heydays ― and we all know what happened to them. So it is a not a question of if, but more a question of when bitcoin will go to zero.”
Price at death
$3,451
Today
$61,577
Resurrection
×17.8
On 2019-02-04, Atulya Sarin (Professor, Santa Clara University) declared Bitcoin dead via TRUSTNODES. Bitcoin was trading at ~$3,451 at the time. The call joins the growing canon of premature obituaries.
The declaration was catalogued on February 4, 2019, when one Bitcoin traded for approximately $3,451. Since then, Bitcoin has appreciated by 17.8× relative to the price on the day TRUSTNODES pronounced it finished.
