⸺ Obituary · December 24, 2017 ⸺

“The Bitcoin Hoax”

Huffington Post

Robert Kuttner

“So the next time the wizards of speculation produce yet another financial collapse, who ya gonna call? Bitcoin? Sorry, there’s nobody home.”

Price at death

$13,975

Today

$62,500

Resurrection

×4.5

On 2017-12-24, Robert Kuttner (Professor, Brandeis University) declared Bitcoin dead via Huffington Post. Bitcoin was trading at ~$13,975 at the time. The call joins the growing canon of premature obituaries.

The declaration was catalogued on December 24, 2017, when one Bitcoin traded for approximately $13,975. Since then, Bitcoin has appreciated by 4.5× relative to the price on the day Huffington Post pronounced it finished.

Read the original →

← Earlier death

“Ten Years In, Nobody Has Come Up With A Use For Blockchain”

Later death →

“Morgan Stanley Says The True Price Of Bitcoin Might Be Zero”

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