⸺ Obituary · February 10, 2018 ⸺

“‘Bitcoin Price Is Pure Speculation’ Bank Of Austria Chief Attacks Popular Cryptocurrency”

Express

Kurt Pribil

“Bitcoin etc. are by no means currencies, because there is definitely no real value. These so-called cryptocurrencies are pure speculative objects.”

Price at death

$8,557

Today

$62,500

Resurrection

×7.3

On 2018-02-10, Kurt Pribil (Governing Board Member, Austrian National Bank) declared Bitcoin dead via Express. Bitcoin was trading at ~$8,557 at the time. The call joins the growing canon of premature obituaries.

The declaration was catalogued on February 10, 2018, when one Bitcoin traded for approximately $8,557. Since then, Bitcoin has appreciated by 7.3× relative to the price on the day Express pronounced it finished.

Read the original →

← Earlier death

“Bitcoin Savaged By BIS As ‘A Bubble, Ponzi Scheme And An Environmental Disaster’”

Later death →

“BoE's Carney Says Bitcoin Has Pretty Much Failed As Currency”

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