“The fundamentals are broken and whatever happens to the price in the short term, the long term trend should probably be downwards. I will no longer be taking part in Bitcoin development and have sold all my coins.”
Mike Hearn, Engineer · Bitcoin since: +18,483%
As published by Mike Hearn
A little perspective.
Bitcoin on that day$406.74February 14, 2016
$100 at that price$18,583At our latest price check
Illustrative value using a Bitcoin price of $75,585, checked Nov 6, 2026, 8:41 AM UTC. Excludes fees, taxes, and inflation. A price change alone does not settle the original criticism.
Keep the receipt.
Bitcoin Is Dead. “The Resolution Of The Bitcoin Experiment” — Mike Hearn, Mike Hearn, February 14, 2016. Bitcoin: $406.74. https://bitcoindeaths.com/posts/2016-02-14-the-resolution-of-the-bitcoin-experiment