⸺ Obituary · September 3, 2017 ⸺
“Bitcoin – A Textbook Example Of Investing Psychology”
— Libertarian Home, Nico Metten
“So, for what it is worth, be warned. If you have investments in crypto currencies, you are invested in a Ponzi scheme. At the end of this, for every winner, there will have to be the same amount of losers. The only way to not end up on the losing side is, to sell before everyone else does.”
Price at death
$4,632
Today
$73,594
Resurrection
×15.9
On 2017-09-03, Nico Metten (Blogger) declared Bitcoin dead via Libertarian Home. Bitcoin was trading at ~$4,632 at the time. The call joins the growing canon of premature obituaries.
The declaration was catalogued on September 3, 2017, when one Bitcoin traded for approximately $4,632. Since then, Bitcoin has appreciated by 15.9× relative to the price on the day Libertarian Home pronounced it finished.