⸺ Obituary · November 15, 2018 ⸺

“Getting Poorer With Bitcoin”

Numismatic News

Dave Harper

“Where does Bitcoin go from here? Figuring out its price is more like going to Las Vegas and placing a bet. If you are good at reading market psychology, you might just make a profit trading in and out of the market. Just don’t hold it for the long term. It will continue to fall. Someday, it will be worth nothing.”

Price at death

$5,621

Today

$61,577

Resurrection

×11.0

On 2018-11-15, Dave Harper (Blogger) declared Bitcoin dead via Numismatic News. Bitcoin was trading at ~$5,621 at the time. The call joins the growing canon of premature obituaries.

The declaration was catalogued on November 15, 2018, when one Bitcoin traded for approximately $5,621. Since then, Bitcoin has appreciated by 11.0× relative to the price on the day Numismatic News pronounced it finished.

Read the original →

← Earlier death

“Cryptocurrencies Have Failed, And Blockchain Still Has Yet To Be Proven Useful”

Later death →

“Bitcoin's Rollercoaster Ride Finally Comes Off The Tracks”

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