“Bitcoin’s buzz is gone, for now. It was crushed by the heavy-handed intervention of the Chinese government, which is cooling off investor enthusiasm for the digital currency….”
Panos Mourdoukoutas, Economist and Professor, LIU Post · Bitcoin since: +1,772%
As published by Forbes
A little perspective.
Bitcoin on that day$4,292September 9, 2017
$100 at that price$1,872At our latest price check
Illustrative value using a Bitcoin price of $80,335, checked Oct 29, 2026, 5:44 AM UTC. Excludes fees, taxes, and inflation. A price change alone does not settle the original criticism.
Keep the receipt.
Bitcoin Is Dead. “Why China Crushed Bitcoin” — Panos Mourdoukoutas, Forbes, September 9, 2017. Bitcoin: $4,291.88. https://bitcoindeaths.com/posts/2017-09-09-why-china-crushed-bitcoin