⸺ Obituary · November 15, 2015 ⸺

“More Dirt On The Bitcoin”

Plata

“I stand by my opinion that the Bitcoin is, in fact if not in intention, a fraud; it is an attempt to muscle-in on the enormous scam of universal fiat money, which is a curse upon mankind. And as a scam, it will go to the dust-bin of History, along with the world’s present fiat money system.”

Price at death

$320

Today

$61,577

Resurrection

×192

On 2015-11-15, Plata declared Bitcoin dead. Bitcoin was trading at ~$320 at the time. The call joins the growing canon of premature obituaries.

The declaration was catalogued on November 15, 2015, when one Bitcoin traded for approximately $320. Since then, Bitcoin has appreciated by 192× relative to the price on the day Plata pronounced it finished.

Read the original →

← Earlier death

“UBS Chairman: Bitcoin Currency Will Fail, Has No Lender Of Last Resort”

Later death →

“Former Bitcoin Companies Are Erasing Their Embarrassing Bits”

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