⸺ Obituary · December 18, 2020 ⸺

“Bitcoin Is A Ponzi”

Crypto Twitter (X)

Amy Castor

“The bitcoiners and trolls are out in force because they are terrified this entire house of cards is about to collapse, and it will. Bitcoin is a Ponzi, and all Ponzi schemes ultimately collapse under their own weight.”

Price at death

$23,133

Today

$61,577

Resurrection

×2.7

On 2020-12-18, Amy Castor (Finance Reporter) declared Bitcoin dead via Twitter. Bitcoin was trading at ~$23,133 at the time. The call joins the growing canon of premature obituaries.

The declaration was catalogued on December 18, 2020, when one Bitcoin traded for approximately $23,133. Since then, Bitcoin has appreciated by 2.7× relative to the price on the day Crypto Twitter (X) pronounced it finished.

Read the original →

← Earlier death

“Bitcoin Is Fundamentally Worthless”

Later death →

“Buying Bitcoin Is Pure Speculation”

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