“Having no clear fundamental value and largely unregulated markets, coupled with a storyline conducive to delusions of grandeur, makes this more than anything we can find in the history books the very essence of a bubble.”
Jeremy Grantham, Investor · Bitcoin since: +409%
As published by CNBC
Investor Who Called Last Two Major Market Crashes Says Bitcoin Is A Bubble ↗
A little perspective.
Bitcoin on that day$15,155January 4, 2018
$100 at that price$508.98At our latest price check
Illustrative value using a Bitcoin price of $77,138, checked Oct 30, 2026, 1:49 AM UTC. Excludes fees, taxes, and inflation. A price change alone does not settle the original criticism.
Jeremy Grantham appears in 2 recorded obituaries. 74 declarations were recorded in 2018.
Keep the receipt.
Bitcoin Is Dead. “Investor Who Called Last Two Major Market Crashes Says Bitcoin Is A Bubble” — Jeremy Grantham, CNBC, January 4, 2018. Bitcoin: $15,155.23. https://bitcoindeaths.com/posts/2018-01-04-investor-who-called-last-two-major-market-crashes-says-bitcoin-is-a-bubble