“One Thing You Can Bank On: The Bitcoin Currency Is Doomed”
On 2014-01-04, Valley News declared Bitcoin dead. Bitcoin was trading at ~$798 at the time. The call joins the growing canon of premature obituaries.
The declaration was catalogued on January 4, 2014, when one Bitcoin traded for approximately $798. Since then, Bitcoin has appreciated by 77.2× relative to the price on the day Valley News pronounced it finished.