“Nevertheless, the chances of bitcoin, the most popular of this new breed of self-clearing financial instruments, making it as a mainstream currency are now zero. Prices have been floundering at around $350 a coin for months, escalating losses for those who invested at last year’s $1,200 highs. Add to this a stream of high-profile scandals over the past year, such as the collapse of Tokyo-based currency exchange Mt Gox in February, and you realise it is not a question of if but when the public loses interest in this experiment entirely.”
James Kynge, Financial Journalist · Bitcoin since: +26,097%
A little perspective.
Bitcoin on that day$288.52March 9, 2015
$100 at that price$26,197At our latest price check
Illustrative value using a Bitcoin price of $75,585, checked Nov 6, 2026, 8:41 AM UTC. Excludes fees, taxes, and inflation. A price change alone does not settle the original criticism.
Keep the receipt.
Bitcoin Is Dead. “Predictions For 2015” — James Kynge, Financial Times, March 9, 2015. Bitcoin: $288.52. https://bitcoindeaths.com/posts/2015-03-09-predictions-for-2015