“We can predict the collapse of the value of Bitcoin, even when it may rise for a little while longer. The introduction of exchange-traded futures may signal the start of this process. Give it a year, maybe less. Bitcoin will become a case study for economics students, teaching them about irrational crowd behaviour.”
Elmer Funke Kupper, Director, Suncorp Group · Bitcoin since: +895%
As published by Financial Review
A little perspective.
Bitcoin on that day$7,844November 16, 2017
$100 at that price$995.23At our latest price check
Illustrative value using a Bitcoin price of $78,066, checked Oct 29, 2026, 11:59 PM UTC. Excludes fees, taxes, and inflation. A price change alone does not settle the original criticism.
Keep the receipt.
Bitcoin Is Dead. “Why Bitcoin Will Go The Way Of The Tulips” — Elmer Funke Kupper, Financial Review, November 16, 2017. Bitcoin: $7,843.94. https://bitcoindeaths.com/posts/2017-11-16-why-bitcoin-will-go-the-way-of-the-tulips