Business Insider Australia, Dec 1, 2017
Business Insider Australia
“There’s a ‘fatal’ flaw in cryptocurrencies which means they can never be real currencies”
BTC that day: $9,988 (daily close)
$100 that day is worth $778 today (latest saved close, Nov 1, 2026)
Source (archived copy on web.archive.org; original link)Share on X
What bitcoin did next
- Highest close before that day: $9,919 on Nov 29, 2017, this ran at or near a new high.
- Lowest close after it: $3,232 on Dec 16, 2018 (−68% from that day).
- One year later (Dec 1, 2018): $4,014 (−60%).
- Latest saved close (Nov 1, 2026): $77,727 (+678%), 3,257 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.