⸺ Obituary · June 7, 2022 ⸺

“You Risk Losing Everything”

Crypto Twitter (X)

John Reed Stark

“Bitcoin is down 50% since November. You risk losing everything.”

Price at death

$29,566

Today

$61,577

Resurrection

×2.1

On 2022-06-07, John Reed Stark (Former Chief, SEC Office of Internet Enforcement) declared Bitcoin dead via Twitter. Bitcoin was trading at ~$29,566 at the time. The call joins the growing canon of premature obituaries.

The declaration was catalogued on June 7, 2022, when one Bitcoin traded for approximately $29,566. Since then, Bitcoin has appreciated by 2.1× relative to the price on the day Crypto Twitter (X) pronounced it finished.

Read the original →

← Earlier death

“Letter in Support of Responsible Fintech Policy”

Later death →

“Bitcoin And Ethereum Will Go To Zero”

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