⸺ Obituary · August 25, 2016 ⸺

“The Bitcoin Bros Have Lost”

Deal Breaker

Jon Shazar

“The cryptoanarchists’ revolution is over. Condolences. The victorious cryptocapitalists’ advice is: Do what your parents did! Get a job, sir, at UBS, Deutshe Bank, Santander or BNY Mellon. Even JPMorgan Chase.”

Price at death

$576

Today

$61,577

Resurrection

×107

On 2016-08-25, Jon Shazar (Editor, Deal Breaker) declared Bitcoin dead via Deal Breaker. Bitcoin was trading at ~$576 at the time. The call joins the growing canon of premature obituaries.

The declaration was catalogued on August 25, 2016, when one Bitcoin traded for approximately $576. Since then, Bitcoin has appreciated by 107× relative to the price on the day Deal Breaker pronounced it finished.

Read the original →

← Earlier death

“Why Ethereum Succeeded Where Bitcoin Failed”

Later death →

“How Bitcoin Was Brought Down By Its Own Potential—And The Banks”

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