⸺ Obituary · February 2, 2018 ⸺
“Roubini Says Bitcoin Is The ‘Biggest Bubble In Human History’”
Nouriel Roubini
Photo: Fronteiras do Pensamento (CC BY-SA 2.0), via Wikimedia Commons
“Bitcoin is the “biggest bubble in human history” and this “mother of all bubbles” is finally crashing.”
Price at death
$8,828
Today
$62,500
Resurrection
×7.1
On 2018-02-02, Nouriel Roubini (Economist and Professor, NYU) declared Bitcoin dead via Bloomberg. Bitcoin was trading at ~$8,828 at the time. The call joins the growing canon of premature obituaries.
The declaration was catalogued on February 2, 2018, when one Bitcoin traded for approximately $8,828. Since then, Bitcoin has appreciated by 7.1× relative to the price on the day Bloomberg pronounced it finished.
