⸺ Obituary · September 27, 2017 ⸺
“Bitcoin Is A Fraud, Wolf Of Wall Street Jordan Belfort Proclaims”
— TheStreet, Jordan Belfort
“The Wolf of Wall Street" Jordan Belfort thinks bitcoin is a fraud,….He expects a central bank to introduce a cryptocurrency of its own “and that’s what will take hold.””
Price at death
$4,209
Today
$73,505
Resurrection
×17.5
On 2017-09-27, Jordan Belfort (Former Stockbroker, Convicted Felon) declared Bitcoin dead via TheStreet. Bitcoin was trading at ~$4,209 at the time. The call joins the growing canon of premature obituaries.
The declaration was catalogued on September 27, 2017, when one Bitcoin traded for approximately $4,209. Since then, Bitcoin has appreciated by 17.5× relative to the price on the day TheStreet pronounced it finished.