“It is a bubble, there is no question about it…. It’s just an amazing example of a bubble.” He added that he’s “amazed by how people are so excited about it” and that he tells his students that “No, it’s not such a great idea.”
Robert Shiller, Nobel Prize Winning Economist · Bitcoin since: +9,108%
As published by Robert Shiller
A little perspective.
Bitcoin on that day$825.12January 24, 2014
$100 at that price$9,208At our latest price check
Illustrative value using a Bitcoin price of $75,974, checked Nov 6, 2026, 2:56 PM UTC. Excludes fees, taxes, and inflation. A price change alone does not settle the original criticism.
Robert Shiller appears in 2 recorded obituaries. 24 declarations were recorded in 2014.
Keep the receipt.
Bitcoin Is Dead. “Bitcoin Is An Amazing Example Of A Bubble” — Robert Shiller, Robert Shiller, January 24, 2014. Bitcoin: $825.12. https://bitcoindeaths.com/posts/2014-01-24-bitcoin-is-an-amazing-example-of-a-bubble