⸺ Obituary · June 6, 2019 ⸺
“Stark Warning For Crypto Fans – ‘It’ll All Be Worth Zero’”
— Express, John Reed Stark
“People are going to wake up one day and not find that the value of their BTC investment is diminishing, but that it is zero.”
Price at death
$7,807
Today
$73,545
Resurrection
×9.4
On 2019-06-06, John Reed Stark (Former Chief, SEC Office of Internet Enforcement) declared Bitcoin dead via Express. Bitcoin was trading at ~$7,807 at the time. The call joins the growing canon of premature obituaries.
The declaration was catalogued on June 6, 2019, when one Bitcoin traded for approximately $7,807. Since then, Bitcoin has appreciated by 9.4× relative to the price on the day Express pronounced it finished.