“Why Ethereum Succeeded Where Bitcoin Failed”
“The deadlock between competing corners of the Bitcoin community when it comes to hard forking, in contrast, spells doom for the currency, according to Tual. “As long as that’s true, Bitcoin will never evolve, and it will die, because what doesn’t evolve dies.””
On 2016-07-21, Stephan Tual (Developer, DAO) declared Bitcoin dead via Vice.com. Bitcoin was trading at ~$665 at the time. The call joins the growing canon of premature obituaries.
The declaration was catalogued on July 21, 2016, when one Bitcoin traded for approximately $665. Since then, Bitcoin has appreciated by 92.6× relative to the price on the day Vice.com pronounced it finished.