“Just one year has passed since bitcoin enthusiasts forecasted that the cryptocurrency would hit a price of $1 million. But that was then. With the price of bitcoin having fallen almost 80% from its peak, and now trading well-below the support level of $6,000, everyone is wondering where it goes from here. The answer is, a swift and painful drop to zero.”
Atulya Sarin, Professor, Santa Clara University · Bitcoin since: +1,921%
As published by MarketWatch
A little perspective.
Bitcoin on that day$3,856December 3, 2018
$100 at that price$2,021At our latest price check
Illustrative value using a Bitcoin price of $77,912, checked Oct 30, 2026, 12:12 AM UTC. Excludes fees, taxes, and inflation. A price change alone does not settle the original criticism.
Atulya Sarin appears in 3 recorded obituaries. 74 declarations were recorded in 2018.
Keep the receipt.
Bitcoin Is Dead. “Bitcoin Is Close To Becoming Worthless” — Atulya Sarin, MarketWatch, December 3, 2018. Bitcoin: $3,855.68. https://bitcoindeaths.com/posts/2018-12-03-bitcoin-is-close-to-becoming-worthless