⸺ Obituary · February 4, 2019 ⸺
“Crypto Declared Dead, Is This Now The Bottom?”
— TRUSTNODES, 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
$73,594
Resurrection
×21.3
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 21.3× relative to the price on the day TRUSTNODES pronounced it finished.