⸺ Obituary · February 19, 2022 ⸺
“Bitcoin Won't Be Around A Decade From Now”
— Crypto Twitter (X), Peter Schiff
“#Bitcoin won't be around a decade from now.”
Price at death
$40,116
Today
$72,577
Resurrection
×1.8
On 2022-02-19, Peter Schiff (Stock Broker / Economist) declared Bitcoin dead via Twitter. Bitcoin was trading at ~$40,116 at the time. The call joins the growing canon of premature obituaries.
The declaration was catalogued on February 19, 2022, when one Bitcoin traded for approximately $40,116. Since then, Bitcoin has appreciated by 81% relative to the price on the day Crypto Twitter (X) pronounced it finished.