⸺ Obituary · October 11, 2021 ⸺

“JPMorgan's Jamie Dimon Calls Bitcoin 'Worthless'”

Bloomberg

Jamie Dimon

Photo: Lauren Hurley / No 10 Downing Street (OGL v3.0), via Wikimedia Commons

“I personally think that Bitcoin is worthless.”

Price at death

$57,490

Today

$61,577

Resurrection

×1.1

On 2021-10-11, Jamie Dimon (CEO, JP Morgan Chase) declared Bitcoin dead via Bloomberg. Bitcoin was trading at ~$57,490 at the time. The call joins the growing canon of premature obituaries.

The declaration was catalogued on October 11, 2021, when one Bitcoin traded for approximately $57,490. Since then, Bitcoin has appreciated by 7% relative to the price on the day Bloomberg pronounced it finished.

Read the original →

← Earlier death

“Long-Term Bitcoin Outlook: Extreme Rally Before Final Death”

Later death →

“The Bitcoin Delusion”

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