A New Gold? Bitcoin Is More Like The Beanie Baby Bubble. Bitcoin Obituary #181

Obituary #181 · · Bitcoin at $16,057
“Bitcoin is more like a limited edition toy than an investment. It has no value except for the sheer hope that it will one day become valuable.”
As published by The Telegraph

A New Gold? Bitcoin Is More Like The Beanie Baby Bubble ↗

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After the last word

A little perspective.

Bitcoin on that day$16,057December 8, 2017
$100 at that price$499.67At our latest price check

Illustrative value using a Bitcoin price of $80,233, checked Oct 29, 2026, 11:21 AM UTC. Excludes fees, taxes, and inflation. A price change alone does not settle the original criticism.

93 declarations were recorded in 2017.

Keep the receipt.

Bitcoin Is Dead. “A New Gold? Bitcoin Is More Like The Beanie Baby Bubble” — Zac Bissonette, The Telegraph, December 8, 2017. Bitcoin: $16,057.15. https://bitcoindeaths.com/posts/2017-12-08-a-new-gold-bitcoin-is-more-like-the-beanie-baby-bubble

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