⸺ Obituary · July 3, 2022 ⸺
“There Will Come A Day When You Wish You Sold Bitcoin For $20,000!”
— X (Twitter), Peter Spina
“There will come a day when you wish you sold #Bitcoin for $20,000! Take a look at the historic chart to see how far of a fall is possible, if you are interested in risks associated with an unraveling Ponzi scheme.”
Price at death
$19,242
Today
$73,545
Resurrection
×3.8
On 2022-07-03, Peter Spina (President, GoldSeek) declared Bitcoin dead via Twitter. Bitcoin was trading at ~$19,242 at the time. The call joins the growing canon of premature obituaries.
The declaration was catalogued on July 3, 2022, when one Bitcoin traded for approximately $19,242. Since then, Bitcoin has appreciated by 3.8× relative to the price on the day X (Twitter) pronounced it finished.