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I've heard that the term originated in san fransisco in the mid to late 60's. guys with "Frisco" style bikes would have no front brake, and a jockey shifter setup with the shifter behind the rider's left leg as described. in order to stop on frisco's notorious inclines the rider would have to roll into the flat of the intersection, in way of the traffic. thus it's called suicide.
however, i've also heard that this term was around before this time period,in different parts of the country, although i'm not sure how it came about.
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