⸺ Obituary · May 5, 2018 ⸺

“Warren Buffett Says Bitcoin Is Probably Rat Poison Squared”

CNBC

Warren Buffett

Photo: U.S. International Trade Administration (public domain), via Wikimedia Commons

“Bitcoin is “probably rat poison squared.”

Price at death

$9,827

Today

$61,577

Resurrection

×6.3

On 2018-05-05, Warren Buffett (CEO, Berkshire Hathaway) declared Bitcoin dead via CNBC. Bitcoin was trading at ~$9,827 at the time. The call joins the growing canon of premature obituaries.

The declaration was catalogued on May 5, 2018, when one Bitcoin traded for approximately $9,827. Since then, Bitcoin has appreciated by 6.3× relative to the price on the day CNBC pronounced it finished.

Read the original →

← Earlier death

“Bitcoin Is The Greatest Scam In History”

Later death →

“They Come To An End”

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