So, That's The Beginning Of Bitcoin Then [Forbes]
Coinbase Global, Inc. - Class A (COIN)
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Source: Forbes
Copyright 2018 The Associated Press. All rights reserved. With the recent resurgence of interest in Bitcoin and other Digital Assets - to many as a surprise, whilst to others just as a self-fulfilling prophecy – I recall the many times that “ Bitcoin has died ”, 477 to be exact. One of the earliest articles speaking about the end of Bitcoin, and ironically published as a contribution to Forbes, similar to the one that I am currently writing, was written in June 2011, when Bitcoin was trading for around $15, with the title “ So, That's the End of Bitcoin Then ”. The short contribution was written around the same time that the Mt. Gox – once the world's largest cryptocurrency exchange – was hacked and Bitcoin's price dropped from “$17 to pennies in a matter of minutes”, with the author concluding that “Bitcoins aren't secure [..], not liquid, nor a store of value”.With Bitcoin breaching all-time-high after all-time-high over the past few weeks, driven by increased regulatory clarit
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