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Bitcoin history: The first Bitcoin Obituary, 2011
6 years ago
2
Trader Talk:
Bharath Rao (CEO Leverj) and I take you back through bitcoin's history to 2011, to the first bitcoin obituary. It was in Wired, and it remarked that bitcoin had a short and volatile life, the article itself being titled "The Rise and Fall of Bitcoin".
Bharath and I discuss the events that led up to the price spike to $29 and crash to $2, and how, ironically, this obituary led to many traders discovering bitcoin, creating an influx of new users into the space.
https://www.wired.com/2011/11/mf-bitcoin/
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