CNBC, Nov 14, 2017
CNBC
“One of Asia’s largest banks says bitcoin is ‘a Ponzi scheme’”
BTC that day: $6,494 (daily close)
$100 that day is worth $1,183 today (latest saved close, Nov 2, 2026)
What bitcoin did next
- Highest close before that day: $7,468 on Nov 9, 2017, so it was 13% below that high when this ran.
- Lowest close after it: $3,232 on Dec 16, 2018 (−50% from that day).
- One year later (Nov 14, 2018): $6,358 (−2%).
- Latest saved close (Nov 2, 2026): $76,805 (+1,083%), 3,275 days later.
Daily closes (UTC) from our saved history; no fees. Past prices don't predict future ones.
Other 2017 obituaries (36)
- WIRED, Jan 6, 2017: “Bitcoin Will Never Be a Currency—It’s Something Way Weirder”
- BusinessInsider, Feb 24, 2017: “A leading economist explains why bitcoin isn’t money”
- Yahoo Finance, Jul 12, 2017: “Bitcoin acceptance is virtually zero and shrinking”
- CoinDesk, Aug 17, 2017: “Bitcoin Bear Peter Schiff Doubles Down: Even at $4,000 It’s Still a ‘Bubble’”
- Forbes, Aug 23, 2017: “Big Governments Will Crush Bitcoin, But Won’t Kill It”
- Forbes, Sep 9, 2017: “Why China Crushed Bitcoin”
All 37 from 2017 on the timeline
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Quote is the publication's own headline words, checked against the original page or an archived copy. Prices are daily closes (UTC); “worth today” uses the live Coinbase price or the latest saved close. Not financial advice.