“So much for Bitcoin, beloved of libertarians, drug dealers and, for a few golden years, the private sector currency that was set to displace the hated money of central banks. A week of sharp falls in its value has caused investors to question whether it is even viable as a financial asset, let alone a global currency that would one day replace the dollar or euro. Perhaps the next time you look at that Bitcoin ad, you should ask yourself: “What’s it worth in pet tortoise skeletons?” For everything else, there are euros.”
David Chance, Writer · Bitcoin since: +1,351%
As published by Independent.ie
A little perspective.
Bitcoin on that day$5,536November 17, 2018
$100 at that price$1,451At 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. “Bitcoin's Rollercoaster Ride Finally Comes Off The Tracks” — David Chance, Independent.ie, November 17, 2018. Bitcoin: $5,536.07. https://bitcoindeaths.com/posts/2018-11-17-bitcoins-rollercoaster-ride-finally-comes-off-the-tracks