“The Death Of Bitcoin And The Future Of Cryptocurrencies”
“While we wait for Big Financial to take over this movement, if you own some Bitcoins, sell them now, please. Who cares if you miss some of the run up until it crashes?”
On 2017-09-04, John Lohr (Investment Manager) declared Bitcoin dead via Seeking Alpha. Bitcoin was trading at ~$4,320 at the time. The call joins the growing canon of premature obituaries.
The declaration was catalogued on September 4, 2017, when one Bitcoin traded for approximately $4,320. Since then, Bitcoin has appreciated by 14.3× relative to the price on the day Seeking Alpha pronounced it finished.
