⸺ Obituary · August 14, 2018 ⸺
“Interest In Bitcoin Is Waining”
Peter Schiff
Photo: Gage Skidmore (CC BY-SA 3.0), via Wikimedia Commons
“Actually my political and economic tweets get far more attention than my bitcoin tweets. Interest in Bitcoin and crypto currencies in general is waining, hence the price declines.”
Price at death
$6,192
Today
$61,577
Resurrection
×9.9
On 2018-08-14, Peter Schiff (Stock Broker / Economist) declared Bitcoin dead via Twitter. Bitcoin was trading at ~$6,192 at the time. The call joins the growing canon of premature obituaries.
The declaration was catalogued on August 14, 2018, when one Bitcoin traded for approximately $6,192. Since then, Bitcoin has appreciated by 9.9× relative to the price on the day Crypto Twitter (X) pronounced it finished.