⸺ Obituary · September 14, 2019 ⸺
“Bitcoin Will Be Dead By 2030”
— X (Twitter), Timothy Peterson
“#Bitcoin will be dead by 2030. Average currency life = 27 years.”
Price at death
$10,365
Today
$73,594
Resurrection
×7.1
On 2019-09-14, Timothy Peterson (Investment Manager) declared Bitcoin dead via Twitter. Bitcoin was trading at ~$10,365 at the time. The call joins the growing canon of premature obituaries.
The declaration was catalogued on September 14, 2019, when one Bitcoin traded for approximately $10,365. Since then, Bitcoin has appreciated by 7.1× relative to the price on the day X (Twitter) pronounced it finished.