“How can you buy a house, how can buy a car, how can you buy Starbucks with bitcoin when price is going to fluctuate as dramatically as it has. This looks to me like… very much.. you can take the chart of bitcoin and apply it against the tulip bulb mania of the 15th century and the patterns look exactly the same.”
Dennis Gartman, Investor · Bitcoin since: +1,728%
As published by CNBC
A little perspective.
Bitcoin on that day$4,383August 14, 2017
$100 at that price$1,828At our latest price check
Illustrative value using a Bitcoin price of $80,107, checked Oct 29, 2026, 9:45 AM UTC. Excludes fees, taxes, and inflation. A price change alone does not settle the original criticism.
Keep the receipt.
Bitcoin Is Dead. “Gartman: Avoid The Bitcoin Boom” — Dennis Gartman, CNBC, August 14, 2017. Bitcoin: $4,382.74. https://bitcoindeaths.com/posts/2017-08-14-gartman-avoid-the-bitcoin-boom