Quartz, Feb 28, 2018
Quartz
“Cryptocurrency is a giant multi-level marketing scheme”
BTC that day: $10,629 (daily close)
$100 that day is worth $731 today (latest saved close, Nov 1, 2026)
What bitcoin did next
- Highest close before that day: $19,280 on Dec 17, 2017, so it was 45% below that high when this ran.
- Lowest close after it: $3,232 on Dec 16, 2018 (−70% from that day).
- One year later (Feb 28, 2019): $3,833 (−64%).
- Latest saved close (Nov 1, 2026): $77,727 (+631%), 3,168 days later.
Daily closes (UTC) from our saved history; no fees. Past prices don't predict future ones.
Other 2018 obituaries (54)
- CTech (Calcalist), Jan 2, 2018: “2018 Forecasts: Bitcoin Will Crash”
- BostonGlobe.com, Jan 3, 2018: “The bitcoin bubble will likely burst, and here’s why”
- CNBC, Jan 4, 2018: “Investor who called last two major market crashes says bitcoin is a bubble”
- the Guardian, Jan 7, 2018: “The Guardian view on cryptocurrencies: a greater fool’s gold”
- Social Europe, Jan 11, 2018: “Bitcoin Is Not The Currency Of The Future”
- The Motley Fool Canada, Jan 12, 2018: “Bitcoin’s Demise Moves Closer”
All 55 from 2018 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.