⸺ Obituary · August 25, 2017 ⸺

“Here's How Bitcoin Will Collapse”

TheStreet

Peter Schiff

Photo: Gage Skidmore (CC BY-SA 3.0), via Wikimedia Commons

“Bitcoin is a gigantic bubble ready to explode, according to Euro Pacific Capital CEO Peter Schiff.”

Price at death

$4,408

Today

$61,577

Resurrection

×14.0

On 2017-08-25, Peter Schiff (Stock Broker / Economist) declared Bitcoin dead via TheStreet. Bitcoin was trading at ~$4,408 at the time. The call joins the growing canon of premature obituaries.

The declaration was catalogued on August 25, 2017, when one Bitcoin traded for approximately $4,408. Since then, Bitcoin has appreciated by 14.0× relative to the price on the day TheStreet pronounced it finished.

Read the original →

← Earlier death

“Big Governments Will Crush Bitcoin, But Won’t Kill It”

Later death →

“Bitcoin – A Textbook Example Of Investing Psychology”

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