⸺ Obituary · September 4, 2017 ⸺
“The Death Of Bitcoin And The Future Of Cryptocurrencies”
— Seeking Alpha, John Lohr
“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?”
Price at death
$4,320
Today
$73,545
Resurrection
×17.0
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 17.0× relative to the price on the day Seeking Alpha pronounced it finished.