⸺ Obituary · May 22, 2018 ⸺

“There’s A ‘Decent Probability’ Bitcoin Goes To Zero, Says Vanguard Economist”

MarketWatch

Joe Davis

““Over the past few months, I’ve gotten this question more than any other,” wrote Davis. “As for bitcoin the currency? I see a decent probability that its price goes to zero.””

Price at death

$7,984

Today

$62,500

Resurrection

×7.8

On 2018-05-22, Joe Davis (Economist) declared Bitcoin dead via MarketWatch. Bitcoin was trading at ~$7,984 at the time. The call joins the growing canon of premature obituaries.

The declaration was catalogued on May 22, 2018, when one Bitcoin traded for approximately $7,984. Since then, Bitcoin has appreciated by 7.8× relative to the price on the day MarketWatch pronounced it finished.

Read the original →

← Earlier death

“Bitcoin’s Energy Use Got Studied, And You Libertarian Nerds Look Even Worse Than Usual”

Later death →

“Bitcoin's Greater Fools Go Into Hiding”

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