⸺ 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
$73,594
Resurrection
×128
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 128× relative to the price on the day Deal Breaker pronounced it finished.