⸺ Obituary · May 20, 2013 ⸺

“Beware Of This Insidious New Currency Scam”

Wall Street Daily

“Ultimately, it’s greed – not a genuine interest in a fundamentally stronger alternative to the status quo – that’s driving Bitcoin prices. So forget Bitcoin being a contender as an alternative currency. At best, it’s a speculative investment.”

Price at death

$122

Today

$61,577

Resurrection

×505

On 2013-05-20, Wall Street Daily declared Bitcoin dead. Bitcoin was trading at ~$122 at the time. The call joins the growing canon of premature obituaries.

The declaration was catalogued on May 20, 2013, when one Bitcoin traded for approximately $122. Since then, Bitcoin has appreciated by 505× relative to the price on the day Wall Street Daily pronounced it finished.

Read the original →

← Earlier death

“Game Over, Bitcoin. Where Is The Next Human-Based Digital Currency?”

Later death →

“Bitcoin Sees The Grim Reaper”

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